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1470 East Andreas Road, Palm Springs, CA 92262

$549K2bd · 3ba · 1,839 sqft
Lot 3,049 sqft•HOA $685/mo•Condominium•
Active
•62d on market•MLS# IG-26163455

Property Description

Opportunity knocks at 1470 E Andreas Road in the heart of popular Palm Regency. This rare and spacious 1,839 sq ft, 2 bedroom, 2.5 bath residence offers an open, light-filled floor plan with tremendous room to make it your own. Original finishes throughout provide an endless canvas for your personal design vision. Bring your ideas and create the desert retreat you've always wanted. The dual living and dining areas flow easily for everyday living and entertaining, and the primary suite offers a his and her closet, dressing area and en-suite bath. A comfortable guest suite, a flexible bonus space perfect for an office, gym, art studio or den, and a convenient powder room to round out the interior. Step outside to your private walled patio, ideal for the classic Palm Springs indoor/outdoor lifestyle, just steps from the community pool. A 2-car garage with direct access adds everyday ease. Palm Regency's resort-style amenities include two pools, two spas, tennis and pickleball courts, lush greenbelts and a clubhouse, all surrounded by stunning San Jacinto mountain views. Ideally located in central Palm Springs, close to downtown dining, shopping and entertainment. With this floor plan, this location and this much potential, opportunities like this don't come around often. Bring your vision and make it happen!

Features & Amenities

Palm RegencyLeaseBuilt 1981

Property Details

Subdivision
Palm Regency
Land Type
Lease
Year Built
1981
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Hills, Mountain(s)
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byLPT Realty, Inc, Joseph Oswald

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,776.04
Principal & Interest
Loan Amount
$439,200
Total Interest
$560,175
Total Payment Over 30 Years
$999,375
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Palm Regency

This property is located in Palm Regency, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Palm Regency Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

1470 East Andreas Road, Palm Springs, CA 92262

Palm Regency · Palm Springs · Condominium · Lease Land

$549K
Residential Tier
Beds
2
Baths
3
Sqft
1,839
Lot
3,049 sqft
Year
1981
$/Sqft
$299
Pool: Yes✓
View: mountain✓
Garage: 2-car✓

Listed 10.7% below the median closed sale of $615,000. Price per sqft ($299) is a 18% discount to closed comps ($363).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $549K· $299/sqft
Total list price
Closed comps
vs closed median $615K
−$66K (−10.7%)
Active comps
vs active median $537K
+$12K (+2.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $432
−$133 (−30.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5822 Palm Oasis StreetPalm Springs1980221,5772,178$314$495,0006269
139 Desert Lakes DrivePalm Springs1970221,5452,614$614$949,000269
318 Desert Lakes DrivePalm Springs1967221,5222,240$558$849,000265
1520 Via MiralestePalm Springs2004231,4480$327$474,00015063
200 Racquet Club RoadPalm Springs1986321,5370$349$537,00020662
Total: 5 · Average2.22.21,525.82,344$432.4$660,80084.4
Median1,537$537,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2910 Cervantes CourtPalm Springs198010/01/2026232,1202,178$625,000$615,000$2900.985472
2232 Oakcrest DrivePalm Springs197310/05/2026321,9442,974$788,000$765,000$3940.974771
240 Stevens RoadPalm Springs198508/24/2026231,6220$885,000$845,000$5210.9514571
2861 Sundance CirclePalm Springs198210/07/2026221,7424,250$560,000$534,000$3070.952770
1810 Sandcliff RoadPalm Springs196609/09/2026221,9430$595,000$590,000$3040.994668
Total: 5 · Average2.22.41,874.23,134$669,800$669,800$363.2—63.8
Median1,943$615,000$615,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.