2
Bedrooms
Sold for $495,000 · Feb 2025
SOLDListed at $500,000
Palm Springs, CA
MLS# PW24191550
Robert Martin
Listing Agent
Compass
DRE #: 01063632
Brokerage: Compass
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
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.
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1 recorded sale
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.
| Quarter | Closed sales in 92262 | Median sold price |
|---|---|---|
| Q1 2026 | 43 | $725,000 |
| Q2 2026 | 241 | $656,000 |
| Q3 2026 | 135 | $580,000 |
| Q4 2026 | 26 | $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
Closed sales reported in 92262, nearest first, last 12 months. All recent sales in Palm Springs →
1469 Yermo Drive N
Contact Robert Martin
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Contact Listing Agent
Compass
DRE #01063632
Contact information is not available for this listing.