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851 E Arenas Road, Palm Springs, CA 92262

$475K2bd · 2ba · 1,176 sqft
Lot 1,033 sqft•HOA $495/mo•Condominium•
Active
•14d on market•MLS# 219154355

Property Description

Another great condo at the popular Casitas Arenas complex that checks all the boxes... single level, furnished, two big bedrooms, two full bathrooms, mountain views, no upstairs neighbor, reasonable HOAs and no land lease, located just two blocks from the hub of downtown Palm Springs. This comfortable unit has been well maintained and updated over the years including a new AC & water heater within the last five years, granite slab kitchen countertops, smooth ceilings, a freshly painted patio and more. As an end unit, you have an additional window allowing for more natural interior light and more open views, all around. The large private patio offers a stunning mountain view and opens to a grassy greenbelt area, perfect if you have a small pet. There is also a small front patio for taking in the southern sun and more beautiful mountain views. Located conveniently right outside your front door is a covered parking space plus extra open spaces for 2-3 cars. Casitas Arenas is a hidden gem within walking distance to the hub of downtown Palm Springs, the Casino, the new Spa at Se'c-he, the convention center, the Plaza and Festival theaters, and so much more. The sparkling community pool was re-done in 2023, and brand new pool furniture & accessories were just added this summer. These units make smart investments due to their proximity to downtown, and are in high demand, year round. Some decorative staging items in photos have been virtually added.

Features & Amenities

Casitas ArenasFeeBuilt 1979

Property Details

Subdivision
Casitas Arenas
Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
3
Garage Spaces
0
Heating
Central, Forced Air, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s), Central Air
View
Mountain(s)
Flooring
Carpet, Laminate, Tile
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byEquity Union, Kimberly Kubas·760-844-2059

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,401.86
Principal & Interest
Loan Amount
$380,000
Total Interest
$484,669
Total Payment Over 30 Years
$864,669
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

851 E Arenas Road, Palm Springs, CA 92262

Casitas Arenas · Palm Springs · Condominium

$475K
Affordable Tier
Beds
2
Baths
2
Sqft
1,176
Lot
1,033 sqft
Year
1979
$/Sqft
$404
Pool: No✓
Spa: No✓
View: mountain✓

Listed 6.7% below the median closed sale of $509,000.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $475K· $404/sqft
Total list price
Closed comps
vs closed median $509K
−$34K (−6.7%)
Active comps
vs active median $477K
−$2K (−0.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $429
−$25 (−5.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
805 Arenas RoadPalm Springs1979221,1760$406$477,00015295
1254 Tiffany CirclePalm Springs1979221,2602,000$388$489,0004280
2001 Camino ParocelaPalm Springs1984221,1751,186$391$459,0003878
1045 VillorrioPalm Springs2005231,2001,036$441$529,000777
588 San Lorenzo RoadPalm Springs1966129000$521$469,0001368
Total: 5 · Average1.82.21,142.21,407.333$429.4$484,60050.4
Median1,176$477,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
857 Arenas RoadPalm Springs197907/10/2026221,1761,307$550,000$540,000$4590.987297
815 Arenas RoadPalm Springs197909/01/2026221,1760$425,000$407,500$3470.9613497
1293 Tiffany CirclePalm Springs197902/02/2026221,2602,000$560,000$545,500$4330.972576
1111 Ramon RoadPalm Springs198004/15/2026221,3132,360$499,000$488,000$3720.9818675
990 Village SquarePalm Springs198502/23/2026331,8802,178$529,000$509,000$2710.9611159
Total: 5 · Average2.22.21,3611,961.25$498,000$498,000$376.4—105.6
Median1,260$509,000$509,000

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.