280 S Avenida Caballeros 268
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280 S Avenida Caballeros, 268, Palm Springs, CA 92262

$345K2bd · 2ba · 1,082 sqft
Lot 1,500 sqft•HOA $593/mo•Condominium•
Active
•5d on market•MLS# 219154080

Property Description

Bright and beautiful 2-bedroom townhouse ideally located in the heart of Downtown Palm Springs. Situated within the highly desirable Caballeros Estates, this gated and well-maintained community offers the ultimate in walkable desert living--just moments from Arenas Road, restaurants, shopping, and entertainment. This spacious two-story residence is designed for seamless indoor-outdoor living, featuring private terraces perfect for relaxing or entertaining. The main level includes a well-appointed kitchen with high-end appliances and updated countertops. The dining area opens to its own private terrace, while the living room offers a cozy fireplace, stylish wet bar, and a south-facing terrace with picturesque views of the pool, lush palm trees, and surrounding mountains. Upstairs, the primary bedroom captures sweeping views, while the guest bedroom features its own private terrace. A spacious bathroom completes the upper level.

Features & Amenities

Caballeros EstatesLeaseBuilt 1981

Property Details

Subdivision
Caballeros Estates
Land Type
Lease
Year Built
1981
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Mountain(s), Pool
Flooring
Carpet, Laminate
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byCompass, The Rich Nolan Group·760-219-1357

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,744.51
Principal & Interest
Loan Amount
$276,000
Total Interest
$352,023
Total Payment Over 30 Years
$628,023
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Caballeros Estates

This property is located in Caballeros Estates, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Caballeros Estates Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

280 S Avenida Caballeros, 268, Palm Springs, CA 92262

Caballeros Estates · Palm Springs · Condominium · Lease Land

$345K
Affordable Tier
Beds
2
Baths
2
Sqft
1,082
Lot
1,500 sqft
Year
1981
$/Sqft
$319
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 1-car✓

Listed 7.8% above the median closed sale of $320,000. Price per sqft ($319) is a 10% discount to closed comps ($356).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $345K· $319/sqft
Total list price
Closed comps
vs closed median $320K
+$25K (+7.8%)
Active comps
vs active median $289K
+$56K (+19.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $359
−$40 (−11.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
800 Cottonwood RoadPalm Springs197522816871$429$349,9956670
473 Bradshaw LanePalm Springs1983227820$370$289,0008368
835 Vista ChinoPalm Springs1975228160$331$269,90014166
1865 VíA MiralestePalm Springs1980118540$292$249,0007163
505 Farrell DrivePalm Springs1985117971,306$375$299,0008362
Total: 5 · Average1.61.68131,088.5$359.4$291,37988.8
Median816$289,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2601 Broadmoor DrivePalm Springs198510/09/2026221,1300$335,000$320,000$2830.9513777
339 Mariscal RoadPalm Springs198009/09/2026321,1161,306$319,000$299,000$2680.943376
334 Santa Elena RoadPalm Springs197609/25/2026221,088650$385,000$370,000$3400.968276
4760 Winners CirclePalm Springs198009/22/2026221,2861,910$695,000$695,000$5401.004874
5301 Waverly DrivePalm Springs197910/05/202622887871$310,000$310,000$3491.00274
Total: 5 · Average2.22.01,101.41,184.25$398,800$398,800$356—60.4
Median1,116$320,000$320,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.