3554 Penny LN Palm Springs CA 92262 MLS #219149987PS
Welcome to Palermo, a gated community in Palm Springs situated on fee land (you own the land). This desirable Model B floor plan offers 2 bedrooms, 2.5 bathrooms, a one-car garage, a private backyard spa, and an upstairs patio above the garage with stunning mountain views.The open-concept layout creates an inviting space for everyday living and entertaining, while the private backyard offers a peaceful retreat to relax and enjoy your own spa. Upstairs, the spacious patio provides the perfect place to take in the surrounding mountain vistas.Palermo’s resort-style amenities include two community pools, two spas, outdoor showers and restrooms, a clubhouse with a lounge area, pool table, full kitchen, fitness center, abundant guest parking, and dog stations throughout the community. The HOA permits rentals with a 30-day minimum, making this property an excellent choice as a primary residence, vacation home, or investment opportunity.Photo Disclosure: Some listing photos have been virtually staged using AI to illustrate the home’s potential. Additional photos show the property in its current vacant condition. Buyers are encouraged to review both the virtually staged and vacant photographs.
Property Details
Price:
$489,000
MLS #:
219149987PS
Status:
Active
Beds:
2
Baths:
3
Type:
Condo
Subtype:
Condominium
Subdivision:
Palermo
Neighborhood:
331northendpalmsprings
Listed Date:
Jul 9, 2026
Finished Sq Ft:
1,343
Lot Size:
1,134 sqft / 0.03 acres (approx)
Year Built:
2007
See this Listing
Schools
Interior
Appliances
DW, RF
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Flooring
CONC
Heating
FA
Levels
U
Exterior
Attached Garage YN
1
Garage Spaces
1
Parking Spots
1
Parking Total
1
Security Features
GC
Spa Features
HT, IG
View
MT
Financial
HOA Fee
$590
HOA Fee Frequency
MO
Map
Community
- Address3554 Penny LN Palm Springs CA
- SubdivisionPalermo
- CityPalm Springs
- CountyRiverside
- Zip Code92262
Market Summary
Current real estate data for Condo in Palm Springs as of Aug 11, 2026
327
Condo Listed
83
Avg DOM
382
Avg $ / SqFt
$486,205
Avg List Price
Property Summary
- Located in the Palermo subdivision, 3554 Penny LN Palm Springs CA is a Condo for sale in Palm Springs, CA, 92262. It is listed for $489,000 and features 2 beds, 3 baths, and has approximately 1,343 square feet of living space, and was originally constructed in 2007. The current price per square foot is $364. The average price per square foot for Condo listings in Palm Springs is $382. The average listing price for Condo in Palm Springs is $486,205. To schedule a showing of MLS#219149987ps at 3554 Penny LN in Palm Springs, CA, contact your The Knight Group LA agent at 310.409.7242.
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Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Knight Group LA include the name of the listing broker. Neither the listing company nor The Knight Group LA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.3554 Penny LN
Palm Springs, CA
