3554 Penny LN
Palm Springs, CA, 92262
$489,000
2 Beds
3 Baths
1,343 SqFt
0.03 Acres
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MLS #219149987PS image #0
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
Parking TotalCommunity Gated331 – North End Palm Springs331northendpalmspringsPalermoMountain(s)

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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

Subdivisions in Palm Springs

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.

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3554 Penny LN
Palm Springs, CA