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3554 Penny Lane

Palm Springs, CA 92262
  • $489,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 219149987
UPDATED: 45 min ago
$489,000
  • 2
    BEDS
  • 0.03
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,343
    SQFT
  • $364
    $/SQFT
Neighborhood:
Palermo
Type:
Condo
Built:
2007
County:
Riverside
Area:
331 - Palm Springs North End

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Description

Welcome to Palermo, a gated community in Palm Springs situated on fee land (you own the land). This desirable Model B floor plan offers 2 bedrooms, 2.5 bathrooms, a one-car garage, a private backyard spa, and an upstairs patio above the garage with stunning mountain views.The open-concept layout creates an inviting space for everyday living and entertaining, while the private backyard offers a peaceful retreat to relax and enjoy your own spa. Upstairs, the spacious patio provides the perfect place to take in the surrounding mountain vistas.Palermo's resort-style amenities include two community pools, two spas, outdoor showers and restrooms, a clubhouse with a lounge area, pool table, full kitchen, fitness center, abundant guest parking, and dog stations throughout the community. The HOA permits rentals with a 30-day minimum, making this property an excellent choice as a primary residence, vacation home, or investment opportunity.Photo Disclosure: Some listing photos have been virtually staged using AI to illustrate the home's potential. Additional photos show the property in its current vacant condition. Buyers are encouraged to review both the virtually staged and vacant photographs.

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©2026 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or KW Coachella Valley. Based on information from the California Desert Association of Realtors as of 2026-08-09T11:35:20.123. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
www.kwcoachellavalley.com/homes/178602104
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3554 Penny Lane Palm Springs, CA 92262

  • Price: $489,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 45 min ago
  • MLS #: 219149987
2
Beds
2
Baths
1
½ Baths
0.03
Acres
1,343
SQFT
$364
$/SQFT
2007
Built
Neighborhood:
Palermo
County:
Riverside
Area:
331 - Palm Springs North End
Property Description
Welcome to Palermo, a gated community in Palm Springs situated on fee land (you own the land). This desirable Model B floor plan offers 2 bedrooms, 2.5 bathrooms, a one-car garage, a private backyard spa, and an upstairs patio above the garage with stunning mountain views.The open-concept layout creates an inviting space for everyday living and entertaining, while the private backyard offers a peaceful retreat to relax and enjoy your own spa. Upstairs, the spacious patio provides the perfect place to take in the surrounding mountain vistas.Palermo's resort-style amenities include two community pools, two spas, outdoor showers and restrooms, a clubhouse with a lounge area, pool table, full kitchen, fitness center, abundant guest parking, and dog stations throughout the community. The HOA permits rentals with a 30-day minimum, making this property an excellent choice as a primary residence, vacation home, or investment opportunity.Photo Disclosure: Some listing photos have been virtually staged using AI to illustrate the home's potential. Additional photos show the property in its current vacant condition. Buyers are encouraged to review both the virtually staged and vacant photographs.
Exterior Features

Foundation Slab Garage Yes Garage Description Attached Irrigation Drip SystemSprinkler System Levels Two Parking Guest Parking Total Covered Spaces 0.00 Pool No Spa Hot Tub Construction In Ground Spa Hot Tub Description Heated - Gas Total Carport Spaces 0.00 Total Parking Spaces 1.00 View Yes View Type Mountain(s)

Interior Features

Appliances DryerWasherRefrigeratorDishwasher Cooling Type Air ConditioningCeiling Fan(s) Fireplace Yes Fireplace Features Gas Flooring Concrete Furnished Unfurnished Heating Forced Air Rooms Other Total Fireplaces 2

Property Features

Association Fees Include ClubhouseWaterTrashSewer Association Total Monthly Fees 590.00 Cross Streets Penny Lane and Enterprise Way Gated Community Yes Golf Course Within Development No Land Lease Type Fee Listing Terms CashCash to New Loan Num Units In Community 117 Property Attached Detached Yes Property Sub Type Condominium Sale Type Standard Security Gated Community Senior Community No Sewer In Street Paid Short Term Rentals No Spa Hot Tub Yes Sprinklers Yes Tax Mello Roos No Will Consider Lease No

Listing information © 2026 California Desert Association of Realtors.
Listing provided courtesy of Luke Smith of Compass: (760) 350-9253.
©2026 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or KW Coachella Valley. Based on information from the California Desert Association of Realtors as of 2026-08-09T11:35:20.123. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
 
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Palm Desert CA, 92211