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Sold for $495,000 · Feb 2025

SOLD

Listed at $500,000

Sold

1469 Yermo Drive N, Palm Springs, CA 92262

Palm Springs, CA

MLS# PW24191550

1,333 Sq Ft • Condo2bd • 2ba
89 days on market

Listing Agent

Robert Martin

Listing Agent

Compass

DRE #: 01063632

Brokerage: Compass

Property Details

2

Bedrooms

2

Bathrooms

1,333 sqft

Square Feet

2004

Year Built

0 sqft

Lot Size

$371

Price/Sq Ft

2

Garage Spaces

$532/mo

HOA

Condo

Property Type

Description

Lowest price in Tierra Hermosa! A sought-after gated community just blocks from downtown Palm Springs. This tastefully decorated Carriage House model, is located in an interior location and is just steps to the pool/spa and BBQ area. The spacious two-bedroom, two-bathroom home is north facing with lots of natural sunlight. The open area floor plan offers separation between the primary suite and the guest bedroom/bath on opposite sides of the home for additional privacy. The kitchen features a large eating bar, stainless appliances and a walk in pantry. A covered balcony is off the Dining room and 2nd bedroom enjoying mountain and neighborhood views. Notables include a new HVAC system, water heater, custom top of the line window treatments, a separate laundry room and a two-car garage with new epoxy flooring and plenty of additional storage. The Tierra Hermosa community boasts meticulous landscaping and amenities including two pool areas, two spas, poolside cabanas, outdoor fireplaces, and a dog park. HOA dues cover internet/cable, trash, water and more. There is a 30-day minimum rental policy. This is an ideal full time home or part time getaway, offering both comfort and class in a prime desert location just a few minutes away from all that Palm Springs has to offer!

Listing description from the February 2025 sale, as reported to CRMLS.

Facts & Features

Details

Stories
1
Cooling
CentralAir
Heating
Central, ForcedAir
View
Mountains, Neighborhood

Sale history for 1469 Yermo Drive N

1 recorded sale

$495,000
Sold February 2025 · listed $500,000, orig. $510,000, on market September 2024, 89 days on market · MLS #PW24191550 · Source: CRMLS
Listing Agent: Robert Martin · Listing Office: Compass · Contact: 562-673-6068 · Bought with: Robert Martin · Compass

How this sale compares

1469 Yermo Drive N sold for $495,000 in February 2025, 1.0% under its $500,000 list price, after 89 days on the market. It was first listed at $510,000. That works out to $371 per square foot on 1,333 square feet. Across 445 closed sales in 92262 over the last 12 months, the median sold price is $655,000 and the median is $417 per square foot, 12% above this sale's $371.

$371
This sale, per sq ft
$417
92262 median per sq ft (12 mo)
$655,000
92262 median sold price (12 mo)
445
Closed sales in 92262 (12 mo)
89
Days on market
−1.0%
Sold vs. list price
QuarterClosed sales in 92262Median sold price
Q1 202643$725,000
Q2 2026241$656,000
Q3 2026135$580,000
Q4 202626$653,750

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Palm Springs · Homes for sale in 92262

Recent sales near 1469 Yermo Drive N

Closed sales reported in 92262, nearest first, last 12 months. All recent sales in Palm Springs →

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