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$489,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,343 Sq. Ft.
  • 1 Car Garage
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Mountain views, a private spa, and fee-simple land come together in this spacious Model B residence at Palermo. The open-concept main level connects the living, dining, and kitchen areas, creating an inviting setting for everyday living and entertaining. Step outside to your private backyard with an in-ground spa, or enjoy the mountain views from the expansive upstairs patio. The two-story floor plan features two bedrooms, two-and-a-half bathrooms, concrete flooring, an exterior gas fireplace, and an attached one-car garage. Palermo is a gated Palm Springs community offering two pools and spas, a clubhouse, fitness center, lounge, full kitchen, guest parking, and more. HOA dues include water, sewer, and trash. Rentals are permitted with a 30-day minimum, subject to HOA and city requirements. Whether you are looking for a full-time residence or Palm Springs getaway, this home offers comfort, privacy, and resort-style amenities. Some photographs have been virtually staged using AI; additional photographs depict the home in its current vacant condition.

Full Property Details for 3554 Penny Ln

General

  • Price: $489,000
  • HOA FEE: $590/month
  • Status: Active
  • Type: Condo
  • Source: Desert_Area_Palm_Springs
  • MLS ID: 219149987
  • Updated: 9/13/2026
  • Added to Site: 152 day(s) ago

Interior

  • Rooms/Areas: Other
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Exterior, Gas
  • Appliances: Dryer, Washer, Refrigerator, Dishwasher
  • Furnishings: Unfurnished
  • Flooring: Concrete

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Clubhouse, Other, Guest Parking, Fitness Center
  • Spa: Yes
  • Spa Description: In Ground, Heated - Gas
  • Security/Safety: Gated Community

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking: Guest
  • Garage Description: Attached

Location

  • Area: 331 - Palm Springs North End
  • County: Riverside
  • Subdivision: Palermo
  • Cross Streets: Penny Lane and Enterprise Way

Community

  • Gated community: Yes
  • Association: Yes
  • Assoc. Fees Include: Clubhouse, Water, Trash, Sewer

Heating & Cooling

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating Type: Forced Air

Utilities

  • Sewer: In Street Paid

Structural Information

  • Detached/Attached: Yes
  • Foundation: Slab
  • Sprinklers: Yes
  • Stories/Levels: 1
  • Square Feet: 1,343
  • Sq. Ft. Source: Assessor
  • Year Built: 2007
  • Year Built Source: Assessor

Unit Information

  • Units in Complex: 117

Lot Features

  • Mountain views: Yes
  • Lot Size (Sq. Ft.): 1,134
  • Lot Size Source: Assessor
  • Irrigation System: Drip System, Sprinkler System

Financial Considerations

  • Price Per Sq. Ft.: $364
  • Association Fee: Yes
  • Assoc Fee Freq.: Monthly
  • Assoc Fee /Month: $590
  • Terms: Cash, Cash to New Loan

Disclosures and Reports

  • APN: 669722005

Listed by Compass, Luke Smith

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Listing agent

— 3554 Penny Ln —

  • Luke Smith

    Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3554 Penny Ln

School District:Palm Springs Unified School District
NameGradesDistance
Vista Del Monte Elementary School
2744 North V?a Miraleste, Palm Springs, CA 92262
K-50.7 mi
Raymond Cree Middle School
1011 East Vista Chino, Palm Springs, CA 92262
6-81.3 mi
Palm Springs High School
2401 East Baristo Road, Palm Springs, CA 92262
9-123.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3554 Penny Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/13/2026
Listed
$489,000
33.97%
MLS
8/27/2020
Sold
$365,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3554 Penny Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,334
—
$402,987
2%
2025
$5,334
-2%
$395,086
2%
2024
$5,447
-1%
$387,340
2%
2023
$5,520
—
$379,746
2%
2022
$5,509
3%
$372,300
2%
2021
$5,368
25%
$365,000
24%
2020
$4,293
2%
$293,413
2%
2019
$4,219
2%
$287,661
2%
2018
$4,140
2%
$282,021
2%
2017
$4,073
3%
$276,492
2%
2016
$3,960
75%
$271,071
95%
2015
$2,259
2%
$139,343
2%
2014
$2,220
—
$136,616
—
2013
$2,217
—
$136,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Compass, Luke Smith

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3554 Penny Lane, Palm Springs, CA 92262 (MLS# 219149987) is a Condo property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 3554 Penny Lane is currently listed for $489,000 and was received on May 13, 2026. Want to learn more about 3554 Penny Lane? Do you have questions about finding other Condo real estate for sale in Palm Springs? You can browse all Palm Springs real estate or contact a Coldwell Banker agent to request more information.

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