2345 S CHEROKEE Way 109, Palm Springs, CA 92264
Condo
Sold October 2022
Listing Agent: Tony Thomas (DRE #01058644) · Listing Office: Berkshire Hathaway HomeServices California Propert · Contact: 760-323-5000 · Bought with: Emma Jo Castillo · KW Temecula · MLS #22147267 · Source: CRMLS
How this sale compares
2345 S CHEROKEE Way 109 sold for $270,000 in October 2022, 5.3% under its $285,000 list price, after 109 days on the market. It was first listed at $295,000. That works out to $220 per square foot on 1,225 square feet. Across 430 closed sales in 92264 over the last 12 months, the median sold price is $585,000 and the median is $387 per square foot, 76% above this sale's $220.
| Quarter | Closed sales in 92264 | Median sold price |
|---|---|---|
| Q1 2026 | 59 | $575,000 |
| Q2 2026 | 233 | $620,000 |
| Q3 2026 | 126 | $549,975 |
| Q4 2026 | 12 | $332,500 |
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 92264
Description
Motivated Seller! Resort living at it's finest, and a prime vacation rental with NO RENTAL RESTRICTIONS! Cozy 2 br., 2 1/2 ba, 1 car garage, garden model condo in one of the most unique and desirable resorts in South Palm Springs, the Oasis Resort! It boasts a very large balcony overlooking a beautiful courtyard/greenbelt. Spectacular views from both the front and the back! The Oasis Resort lives up to it's name with a gorgeous garden setting with mature vegetation including palm trees, fruit trees, Ficus, jacaranda, beautiful bougainvillea, and large fountains throughout the Spanish Villa style property boasting 8 pools, 9 spas, 4 tennis courts, 2 bocce ball courts, pickle ball, basketball hoop and a club house with regularly scheduled activities. If you're looking for a second home to get away from the wet and cold in the winter, a new full-time residence, or a vacation rental to generate some income while using it as an occasional get-away, this it! Best of all...NO RENTAL RESTRICTIONS!! But must abide by the Palm Springs City ordinances. The exterior was just painted this past year and the roof were done over the last 6 years. HOA dues cover most everything except gas, electric and WIFI. Water, trash, sewer, landscaping, maintenance and upkeep on the pools, spas, sports courts and all amenities, exterior maintenance & insurance, earthquake insurance on the structure all covered by the HOA! Have the need to golf? As of this listing we have access to Seven Lakes Country Club golf course right next door... On top of that we have onsite property management, landscaping, and maintenance. Furnishings can be negotiated outside of escrow. All offers MUST be CASH!
Listing description from the October 2022 sale, as reported to CRMLS.
Sale history
Recent sales near 2345 S CHEROKEE Way 109
459 Desert Lakes Drive: Sold $368,000 · 3 bd · 3 ba · 2,452 sqft · Aug 2026 · 0.2 mi
Real Brokerage Technologies | DRE #01729222
Buyer's agent: Yvonne Lazzarotto, Keller Williams Realty | DRE #021460472014 Southridge Drive: Sold $429,000 · 2 bd · 2 ba · 1,600 sqft · Aug 2026 · 0.2 mi
HomeSmart | DRE #01265843
Buyer's agent: Bill Fennessey, HomeSmart | DRE #0126253175 Westlake Circle: Sold $800,000 · 2 bd · 2 ba · 1,967 sqft · Sep 2026 · 0.3 mi
209 Desert Lakes Drive: Sold $600,000 · 2 bd · 2 ba · 2,621 sqft · Aug 2026 · 0.3 mi
Equity Union | DRE #02029292
Buyer's agent: Steven Hill, Equity Union | DRE #020232513000 Candlelight Lane: Sold $1,285,000 · 3 bd · 4 ba · 2,952 sqft · Oct 2026 · 0.4 mi
262 Costa Mesa Drive: Sold $135,000 · 2 bd · 2 ba · 1,440 sqft · Aug 2026 · 0.4 mi
Housing Solutions Realty | DRE #01935430
Buyer's agent: Larry LaFond, Housing Solutions Realty | DRE #019354302247 Miramonte Circle C: Sold $470,000 · 3 bd · 2 ba · 1,404 sqft · Aug 2026 · 0.5 mi
Compass | DRE #01884472
Buyer's agent: Glendon Nadeau, Compass | DRE #021674101833 S Araby 16: Sold $539,000 · 2 bd · 2 ba · 1,629 sqft · Aug 2026 · 0.6 mi
Platinum Properties & Inv. | DRE #01113690
Buyer's agent: Steven Guidry, Windermere Real Estate | DRE #01891605
Closed sales reported in 92264, nearest first, last 12 months. All recent sales in Palm Springs →