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 10, 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
Subdivisions in Palm Springs
- 43 @ Racquet Club 33139
- Alta 33401
- Andreas Hills
- Biarritz
- Biltmore
- Biltmore 33409
- Biltmore Colony 33410
- Caballeros Estates
- Caballeros Estates 33208
- Cahuilla Hills
- Camino Del Sol
- Canyon C.C. Estados
- Canyon Colony West
- Canyon Estates
- Canyon Granada 33420
- Canyon Heights
- Canyon Sands
- Canyon View Condos
- Canyon Vista Estates
- Canyon West Estates
- Casa Canyon
- Casa De Oro
- Casa Verde 33211
- Cathedral Canyon Country Club
- Center Court
- Central Palm Springs
- Central Palm Springs 33215
- Chino Canyon
- Coco Cabana
- Deauville
- Deepwell
- Demuth Park
- Demuth Park 33443
- Desert Highland Gateway
- Desert Palm Villas
- Desert Park Estates
- Desert Park Estates 33103
- Desert Sun Resort
- Diplomat
- El Dorado Palm Springs 33447
- El Mirador
- El Rancho Vista Estates
- Escena
- Escena 33274
- Estancias at South Canyon 33450
- Fairways
- Fairways 33451
- Firebird
- Flora Vista
- Four Seasons
- Four Seasons 33106
- Gateway Highlands 33107
- Hermosa Villas
- Indian Canyon Gardens
- Indian Canyon Villas 33109
- Indian Canyons
- La Palme
- Lantana Lodge 33231
- Las Palmas Heights
- Little Tuscany
- Los Compadres
- Los Compadres 33459
- Luminaire
- Mesquite Country Club 33465
- Mountain Gate
- Mountain Gate PS 33110
- Mountain Shadow North
- Mountain Shadows PS 33468
- Movie Colony
- Movie Colony East
- Movie Colony East 33248
- Ocotillo Lodge
- Old Las Palmas
- Palermo
- Palm Canyon Villas 33473
- Palm Sp Villas I
- Palm Sp Villas II
- Palm Springs C.C. 33113
- Palm Springs Country Club
- Palm Springs Golf &
- Palm Springs Golf & Tennis
- Palm Springs Villas I 33115
- Palm Springs Villas II 33114
- Park Escoba
- Park Imperial South 33481
- Plaza Villas
- Plaza Villas 33239
- Pueblo Sands
- Quail Point
- Racquet Club East
- Racquet Club East 33122
- Racquet Club West
- Ramon Estados
- Ranch Club Estados
- Rancho El Mirador 33245
- Rancho La Paz 33487
- Riviera Gardens
- Rose Garden 33247
- Saddlerock Estate
- Safari Park
- Safari Park 33493
- Sahara Park
- San Jacinto Cove 33126
- Sandstone Villas
- Seven Lakes C.C.
- Smoketree Racquet Cl
- Sol
- Sommerset Springs 33526
- St. Tropez Villas 33252
- Summerset Springs
- Sun Villas
- Sundial Condos
- Sunflower
- Sunrise Alejo
- Sunrise East
- Sunrise Palms
- Sunrise Park
- Sunrise Villas
- Tahquitz Creek Golf
- Tahquitz Creek Golf Course 33508
- Tahquitz Creek Villas
- Tahquitz River Estat
- Tahquitz River Estates
- Tahquitz River Estates 33510
- Terra Vita
- The Cove
- The Cove 33133
- The Mesa
- The Mesa 33463
- The Morrison
- The Que at Vibe
- Twin Springs
- Victoria Park 33134
- Victoria Park/Vista Norte
- Villa Alejo 33266
- Villa Caballeros
- Vintage Palms
- Vista Canyon
- Vista Las Palmas
- Warm Sands
- Waverly Park
- Waverly Park 33521
Market Summary
Current real estate data for Condo in Palm Springs as of Jul 14, 2026
355
Condo Listed
76
Avg DOM
381
Avg $ / SqFt
$477,478
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 $381. The average listing price for Condo in Palm Springs is $477,478.
Similar Listings Nearby
3554 Penny LN
Palm Springs, CA


