3554 Penny Lane, Palm Springs, CA 92262 (MLS# 219149987)

3554 Penny Lane, Palm Springs, CA 92262

$489,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,343 Status: Active
Current Price: $489,000 List Date: 7/09/2026 Last Modified: 8/23/2026

Overview

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 be ...

Listing Details MLS# 219149987

General Property Information

Total Bedrooms
2
Full Baths
2
Half Baths
Yes
Approx SqFt
1343
Total Baths
3
SqFt Source
Assessor
Fireplace
Yes
Total Fireplaces
Yes
Pool
No
Garage
Yes
Garage Description
Attached
Sprinklers
Yes
Building # of Stories
2
Lot Size Source
Assessor
Year Built
2007
Furnished
Unfurnished
Cross Streets
Penny Lane and Enterprise Way

Property Features

Sale Type: Standard Listing Terms: Cash; Cash to New Loan Possession: Close Of Escrow View Type: Mountain(s) Irrigation: Drip System; Sprinkler System Disclosures: Homeowners Association Levels: Two Appliances: Dishwasher; Dryer; Refrigerator; Washer Foundation: Slab Flooring: Concrete Cooling Type: Air Conditioning; Ceiling Fan(s) Heating: Forced Air Fireplace Location: Exterior Fireplace Features: Gas Rooms: Other Security Safety: Gated Community Sewer: In Street Paid Parking: Guest Association 1 Frequency: Monthly Association Amenities: Clubhouse; Fitness Center; Guest Parking; Other Association Fees Include: Clubhouse; Trash; Water Land Lease Type: Fee Simple

Listing Location and Property Info

APN
669722005
Original List Price
489000
Property Sub-Type
Condominium
Street #
3554
Street Name
Penny
Street Suffix
Lane
County
Riverside
State
CA
Zip Code
92262
Area
331 - Palm Springs North End
Country
US

Listing Info

Short Term Rentals
No
Rental Restrictions
Yes
Will Consider Lease
No

Tax Info

Tax Mello Roos
No

Property Info

Total # of Units in Complex
117
Golf Course Within Development
No
Senior Community
No
Gated Community
Yes
PUD Y/N
No
Total Monthly Association Fees
590

More Information

Status Change Info

Status Change Date
2026-07-09

Parking SpacesInformation

Total Garage Spaces
Yes
Total Parking Spaces
Yes

HOA Information

HOA
Yes
HOA Fee 1
590

Association Information

Association Name
Palermo

DPR

DPR Eligible
Yes
Listing Office: Compass
Listing Agent: Luke Smith
Last Updated: August - 23 - 2026
Information deemed reliable but not guaranteed.
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