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A great investment opportunity and a chance to make this home your own--ideal for investors or owner-occupants seeking value, scale, and upside. This is a remodel project offering strong fundamentals, dramatic volume, and the ability to add value through thoughtful updates; with much of the interior still in original condition, the residence invites a fresh interpretation tailored to modern living. Ideally located just a few blocks from downtown Palm Springs and moments from restaurants, shopping, nightlife, galleries, and hiking. Located in Palm Regency, a boutique enclave of just 84 homes, this single-level 2BD/2BA residence offers approximately 1,595 sq. ft. of impressive space, oversized rooms, and preserved original architectural details that provide an excellent foundation for renovation. Much of the interior remains original, presenting a true blank canvas for buyers ready to personalize and modernize to their own taste. Vaulted ceilings rise above dual living areas anchored by the community's signature fireplace, creating an airy sense of scale rarely found at this price point. The main living room flows into an expansive dining area that also functions beautifully as a second living space, enhanced by skylights and a wet bar. Large neutral tile flooring throughout reinforces the clean, open layout. Outdoor living is private, with a large enclosed patio offering ample space for lounging, dining, and enjoying warm desert evenings--ideal for creating your own secluded outdoor retreat. The primary suite is thoughtfully separated from the guest bedroom and features dual vanities and direct patio access. A standout feature is the private attached single-car garage, complemented by an additional reserved carport parking space, providing rare convenience this close to downtown. The residence enjoys a quiet interior location just steps from one of the community's two pools.Palm Regency is known for its spacious layouts, private patios, attached garages, and resort-style amenities, including two pools and spas, tennis courts, wide greenbelts, and a clubhouse framed by mountain views. Positioned directly across from the new luxury Living Out community and moments from Alice B., John Henry's, Sherman's Delicatessen, and The Farm, with easy access to Palm Canyon Drive shopping, the Palm Springs Art Museum, and vibrant nightlife. An excellent opportunity to add value in a prime central Palm Springs location.
Listing agent: Marco Colantonio DRE #02090885 marco@marcohomes.com, Listing office: Equity Union
MLS data updated 10/27/2026, 3:57:44 AM PT
Source: CRMLS, MLS #: 219139061PS
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 19, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$362,000Closed sale · Mar 19, 2026ZIP 92262 · Mar 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.