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3554 Penny Lane, Palm Springs, CA 92262

$489,000
  • 3554 Penny Lane, Palm Springs, CA 92262 Main Photo

66 Photos

Active
BEDS2 BATHS2 full 1 partial SQUARE FEET1,343 MLS#219149987PS
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONPalermo

Listing Courtesy of: Compass
Agency Phone: (760) 350-9253
Associate Name: Luke Smith
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Listing Shown by: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000


Property Description

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.

3554 Penny Lane | MLS# 219149987PS

This condo located at 3554 Penny Lane, Palm Springs, CA 92262 is currently listed for sale with an asking price of $489,000. This property was built in 2007 and has 2 bedrooms and 2 full and 1 partial baths with 1343 sq. ft. Penny Lane is located in the Palermo subdivision. Search Palermo real estate on www.cce-escrow.com today.

Property Features

Property Type: Residential - Condominium
Garage: 1 car attached
Heating: Forced Air
Lot Size: 0.03 Acres
Stories: 2.0
Year Built: 2007

Feature Descriptions

Appliances: Dishwasher, Refrigerator
Association Amenities: Clubhouse, Fitness Center, Other, Trash, Water
Community Features: Gated
Days on Site: 23
Fireplace: Gas, Outside
Flooring: Concrete
HOA Fee: 590/ Monthly
Lot: Drip Irrigation/Bubblers, Sprinkler System
Parcel#: 669722005
Parking: Guest
Parking Notes: Guest
Security: Gated Community
Spa: Heated, In Ground
Special View Info: Mountain(s)
Units: 117

Listed By / Shown By

Listed By

Agency Name: Compass
Agent Name: Luke Smith
Agency Phone: (760) 350-9253

Shown By

Agency Title: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000

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Estimate Your Payment

Estimated Payment

$ 1,230.93 per month $1,088.30 Principal & Interest $0.00 Property Tax (data not provided by mls) $142.63 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/01/2026. The listing information on this page last changed on 08/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 08/01/2026 11:04:54 AM EST) or CRMLS (last updated Sat 08/01/2026 10:49:41 AM EST) or GEMLS (last updated Sat 08/01/2026 10:43:25 AM EST) or Tehachapi MLS (last updated Sat 08/01/2026 11:00:47 AM EST). Real estate listings held by brokerage firms other than Watson Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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