3
Bedrooms
Sold for $1,200,000 · Oct 2022
SOLDListed at $1,250,000
242 Cerritos Drive, Palm Springs, CA 92262
Palm Springs, CA
MLS# 22199623
1,301 Sq Ft • Single Family Home3bd • 2ba
6 days on market
Listing Agent
Matthew Reader
Listing Agent
BD Homes-The Paul Kaplan Group
DRE #: 01905472
Brokerage: BD Homes-The Paul Kaplan Group
Property Details
2
Bathrooms
1,301 sqft
Square Feet
1955
Year Built
0.23 acres
Lot Size
$922
Price/Sq Ft
0
Garage Spaces
N/A
HOA
Single Family Home
Property Type
Description
Your own private Palm Springs compound is waiting here for you! Built in 1955 by developer Jack Meiselman, this home sparkles at every turn. Fully gated and walled at the perimeter, the views of the San Jacinto Mountains are everywhere you look. Inside, you'll find two bright guest bedrooms and bath and a primary bedroom with en suite bath and access to the sun-filled backyard with heated pool and spa. The custom kitchen looks out into an open concept living/dining area with a fireplace for chilly desert evenings. In the backyard you'll also enjoy the pergola and the covered dining patio. Located in lovely Sunrise Park, which is convenient to downtown Palm Springs shopping, dining, and access to hiking and all that the desert offers. On fee land (that you own). Buyer to verify square footage and permits.
Listing description from the October 2022 sale, as reported to CRMLS.
Facts & Features
Details
- Stories
- 1
- Pool
- Yes
- Cooling
- CentralAir
- Heating
- Central
- View
- Mountains, Panoramic
Natural Hazard Information
Earthquake data is shown from a real public source (USGS)
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Sale history for 242 Cerritos Drive
5 recorded sales
$1,200,000
Sold October 2022 · listed $1,250,000, on market September 2022, 6 days on market · MLS #22199623 · Source: CRMLS
Listing Agent: Matthew Reader · Listing Office: BD Homes-The Paul Kaplan Group · Contact: 760-459-0057 · Bought with: Jason Kudo · Douglas Elliman of California, Inc.
$625,000
Sold July 2017 · listed $629,000, on market June 2017, 6 days on market · MLS #17237912 · Source: CRMLS
Listing Agent: Geoffrey Moore · Listing Office: Town Real Estate · Contact: 760-250-1977 · Bought with: Brad Hudson · The Paul Kaplan Group Inc
$625,000
Sold July 2017 · listed $629,000, on market June 2017, 6 days on market · MLS #17237912PS · Source: CRMLS
Listing Agent: Geoffrey Moore · Listing Office: Town Real Estate · Contact: (760) 250-1977 · Bought with: Brad Hudson · The Paul Kaplan Group Inc
$425,100
Sold May 2012 · listed $429,000, on market March 2012, 1,156 days on market · MLS #41449924PS · Source: CRMLS
Listing Agent: Paul Kaplan · Listing Office: The Paul Kaplan Group Inc · Contact: 760-459-1396 · Bought with: Jeff Blacker · Capitis Real Estate
$425,100
Sold May 2012 · listed $429,000, on market March 2012, 231 days on market · MLS #41449924 · Source: CRMLS
Listing Agent: Paul Kaplan · Listing Office: The Paul Kaplan Group Inc · Contact: 760-459-1396 · Bought with: Jeff Blacker · Beau Monde Properties
How this sale compares
242 Cerritos Drive sold for $1,200,000 in October 2022, 4.0% under its $1,250,000 list price, after 6 days on the market. That works out to $922 per square foot on 1,301 square feet. Across 465 closed sales in 92262 over the last 12 months, the median sold price is $655,000 and the median is $412 per square foot, 55% below this sale's $922.
$922
This sale, per sq ft
$412
92262 median per sq ft (12 mo)
$655,000
92262 median sold price (12 mo)
465
Closed sales in 92262 (12 mo)
6
Days on market
−4.0%
Sold vs. list price
| 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 | 46 | $638,000 |
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 242 Cerritos Drive
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Sold $955,000SOLD3bd2ba1,270 sqft2251 E Calle PapagayoSold Sep 2026 · 0.6 mi
Sold $637,500SOLD3bd2ba1,294 sqft615 N Paseo De AnzaSold Oct 2026 · 0.6 miColdwell Banker Realty | DRE #01526302Buyer's agent: Michael Thomas, California Lending & Realty | DRE #01396530
Sold $342,000SOLD2bd3ba1,737 sqft756 Violeta DriveSold Nov 2026 · 0.9 mi
Sold $1,320,000SOLD3bd4ba2,333 sqft1221 Linda VistaSold Sep 2026 · 1.0 miColdwell Banker Realty | DRE #01725304Buyer's agent: Louise Minnick, Louise A. Minnick, Broker | DRE #01249020
Sold $535,000SOLD3bd2ba1,248 sqft1854 E Chia RoadSold Nov 2026 · 1.1 mi
Sold $1,433,000SOLD3bd4ba3,440 sqft1228 VerdugoSold Oct 2026 · 1.3 miFirst Team Real Estate | DRE #00870970Buyer's agent: Scott Ehrens, Compass | DRE #02074886
Closed sales reported in 92262, nearest first, last 12 months. All recent sales in Palm Springs →
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CRMLS
MLS# 22199623
Listed: 9/14/2022
© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 10/17/2022. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.
Listed by: BD Homes-The Paul Kaplan Group
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.