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1020 E Palm Canyon Dr 103, Palm Springs, CA 92264

Sale Price: $500,000
May 1, 20251,396 sqft3 beds2 baths
Listed by: Leonardo Montenegro
License #: 01413476
Phone #: 760-464-5600
Keller Williams Luxury Homes
Source:
CRMLS Logo
MLS #: 25491459PS

Property Description

Welcome to Biltmore Colony, where style meets convenience in the most desirable, wind-free pocket of South Palm Springs. This rarely available ground-floor 3-bedroom condo offers the ultimate in desert living, comfort, and value with no stairs to climb and an unbeatable location just minutes from vibrant downtown Palm Springs. Enjoy your morning coffee at Koffi South right across the street, lunch at Elmer's around the corner, and leisurely strolls to Smoke Tree Ranch with its charming shops and restaurants. With world-class golf, tennis, pickleball, and scenic hiking and biking trails just moments away, this location is simply unmatched. Tucked into a quiet cul-de-sac, this end unit provides exceptional privacy and tranquility, with no neighbors directly across. The oversized wraparound patio invites you to relax, dine al fresco, or host unforgettable gatherings under the stars all while taking in majestic mountain views. Inside, the home's perfect orientation prevents the bedrooms from being exposed to the harsh afternoon sun, helping keep interiors cool and energy bills low. The open-concept layout includes a welcoming living area with a gas fireplace, an elegant dining space, and a stylish kitchen with a breakfast nook and a second private patio perfect for grilling or enjoying a quiet morning. The primary suite is a peaceful retreat with a walk-in closet, an updated spa-like bathroom featuring a double vanity and a shower with a built-in bench, and a private west-facing patio with mountain views. The guest bedroom and the 3rd bedroom share a bath with a soaking tub, while the third bedroom is ideal as a guest room, home office, media room, or fitness space. Additional highlights include newer carpet throughout, ceiling fans in all bedrooms, and updated window shades and blinds. A hallway nook provides the perfect space for a desk or additional linen storage. The full-sized laundry room with a washer and dryer makes laundry day a breeze, and the attached two-car garage with an epoxy floor adds convenience and storage. Two guest parking spaces are located nearby for added ease. And the upgrades? Already taken care of brand-new AC condenser, new water heater, and new smoke detectors offering peace of mind and long-term savings. Best of all, you own the land, and HOA dues are under $550/month, making this home even more appealing. Residents of Biltmore Colony enjoy resort-style amenities, including a modern clubhouse with a state-of-the-art fitness center, three sparkling pools, two spas, BBQ areas, and a cozy fire pit perfect for entertaining or relaxing in style. Whether you're looking for a full-time residence, a stylish second home, or a turnkey investment property, this thoughtfully upgraded home checks all the boxes. Furniture and furnishings are available outside of escrow.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,347

TurboHome Estimated Value

$519,900

$372 sqft

High Valuation
$545,895
$391/sqft
Normal Valuation
$519,900
$372/sqft
Low Valuation
$493,905
$354/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$372/sqft$519,900

Neighborhood: Biltmore Colony

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Comparative Value

$380K

$425K

$465K

$500K

$550K

$600K

1249 S La Verne Way, Palm Springs, CA 92264

Sale Price: $380,000

Selected Comparable

1255 S La Verne Way, Palm Springs, CA 92264

Sale Price: $425,000

Selected Comparable

1267 S La Verne Way, Palm Springs, CA 92264

Sale Price: $465,000

Selected Comparable

1020 E Palm Canyon Dr 103, Palm Springs, CA 92264

Sale Price: $500,000

Selected Comparable

1020 E Palm Canyon Dr 103, Palm Springs, CA 92264

List Price: $549,975

Subject Property

1150 E Palm Canyon Dr 55, Palm Springs, CA 92264

Sale Price: $599,500

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1020 E Palm Canyon Dr 103, Palm Springs, CA 92264

1020 E Palm Canyon Dr 103, Palm Springs, CA 92264

List: $549,975

Listed: 5/1/2025

Area:1,396 sqft
Price/sqft:$394
Beds:3
Baths:2
Year Built:
Lot Size:1,400

Comparable Properties

COMPARABLE
Choose comps
1020 E Palm Canyon Dr 103, Palm Springs, CA 92264

1020 E Palm Canyon Dr 103, Palm Springs, CA 92264

Sale: $500,000

6/18/20250.00 mi

Area:1,396 sqft
Price/sqft:$358
Beds:3
Baths:2
Year Built:
Weight:24.4%
1267 S La Verne Way, Palm Springs, CA 92264

1267 S La Verne Way, Palm Springs, CA 92264

Sale: $465,000

7/21/20250.55 mi

Area:1,710 sqft
Price/sqft:$272
Beds:3
Baths:2
Year Built:
Weight:20.3%
1150 E Palm Canyon Dr 55, Palm Springs, CA 92264

1150 E Palm Canyon Dr 55, Palm Springs, CA 92264

Sale: $599,500

3/17/20250.23 mi

Area:1,659 sqft
Price/sqft:$361
Beds:3
Baths:2
Year Built:
Weight:19.8%
1255 S La Verne Way, Palm Springs, CA 92264

1255 S La Verne Way, Palm Springs, CA 92264

Sale: $425,000

4/30/20250.55 mi

Area:1,325 sqft
Price/sqft:$321
Beds:2
Baths:2
Year Built:
Weight:17.9%
1249 S La Verne Way, Palm Springs, CA 92264

1249 S La Verne Way, Palm Springs, CA 92264

Sale: $380,000

3/14/20250.55 mi

Area:1,325 sqft
Price/sqft:$287
Beds:2
Baths:2
Year Built:
Weight:17.6%

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