Discover the architectural allure of The Compound, an uncommon 12-unit townhouse enclave, adjacent to the prestigious Old Las Palmas neighborhood. This sophisticated residence has been completely reimagined with high-end appointments to match the ultimate Palm Springs lifestyle. Enter a refined mid-level foyer that introduces the home's unique split-level design. Upstairs, the living room features a fireplace and access to an expansive entertaining balcony. The sleek, efficient kitchen is anchored by a waterfall Caesarstone island with integrated seating, a pantry, and an open dining area. Both ensuite bedrooms are downstairs, with highly upgraded bathrooms. Even the garage has been elevated with fresh epoxy flooring and custom storage cabinetry. Super close proximity to multiple restaurants and the best bakery in town -- Bread and Flours. With only 12 neighbors and a location that offers a short, scenic stroll downtown, this property provides a rare "lock-and-leave" opportunity. New 5-ton HVAC unit was installed in May, 2026 as well as a brand new water heater.
CondoProperty Type
1985Year Built
$521Price/Sq.Ft.
$795/moHOA Dues
1 garage spacesParking
Listed by P S Properties•DRE #1726623T• Bennion Deville Homes
•760-898-1544 (agent)
•info@patrickstewartproperties.com (agent)
Bought with Robert Cowles•DRE #02240579• Equity Union
Est. $3,494 per month, based on comparable rentals
Sale and tax history for 240 W Stevens Rd
Sale History
Tax History
Date
Event
Price
TheMLS #26671099PS
Aug 24, 2026
Sold
$845,000
$521/sq ft
Aug 6, 2026
Pending
—
Jul 24, 2026
Contingent
—
Apr 29, 2026
Relisted
—
Apr 22, 2026
Contingent
—
Mar 31, 2026
Listed
$885,000
$546/sq ft
Public Records
Feb 27, 2024
Sold
$785,000
$484/sq ft
TheMLS #24-351989
Feb 28, 2024
Pending
—
Feb 27, 2024
Sold
$785,000
$484/sq ft
Feb 7, 2024
Listed
$795,000
$490/sq ft
+40
This is an uncommon split level 12 unit Townhouse complex, called The Compound, adjacent to Old Las Palmas neighborhood. Easy walk to Uptown Design area, restaurants and downtown. Completely remodeled with high end appointments. .. .and fashionably furnished turnkey. Enter split mid level foyer, upstairs luxurious living room with fireplace and almost seamless access to entertaining patio. Efficient kitchen with white quartz Island with seating, pantry and open dining area. Downstairs, there are two primary ensuite bedrooms with highly upgraded bathrooms. Convenient new washer and dryer in hall leading to outside garden and retreat, Only 12 townhouse neighbors. Garage has new epoxy flooring and newly installed storage cabinets. Minimum maintenance and carefree living in abundant luxury!
GPSMLS #219066173
Sep 9, 2021
Sold
$615,000
$379/sq ft
Sep 4, 2021
Pending
—
Aug 26, 2021
Contingent
—
Aug 26, 2021
Pending
—
Aug 13, 2021
Listed
$599,000
$369/sq ft
Welcome to the Compound, a 12 unit townhouse complex built in 1985 situated in the Palm Springs Uptown Design District off North Palm Canyon Drive offering many restaurants and boutique shopping to the new purchaser. This unit has been totally redone within the last 2 years with high end finishes chosen for the owner occupant not for resale. This contemporary townhouse is done to perfection and ready for your move in as a primary home or getaway to the Old Las Palmas neighborhood. The unit has 2 primary suites with new baths; an entry foyer leading upstairs to a large living room with fireplace, remodeled kitchen and a front deck offering views and shade from large ficus trees. The lower area is entry to the bedrooms; laundry in the hall and entry to a private patio just steps to the common pool and spa. A private one car garage is currently being used as an exercise studio. This unit will not last as it is priced below the investment of the Seller for a quick sale as Seller has purchased another property.
GPSMLS #18396602
Jan 7, 2019
Sold
$435,000
$268/sq ft
Nov 26, 2018
Pending
—
Nov 13, 2018
Price Changed
$450,000
$277/sq ft
Oct 13, 2018
Listed
$475,000
$293/sq ft
GPSMLS #15931853
Nov 17, 2015
Sold
$410,000
$253/sq ft
Oct 30, 2015
Pending
—
Oct 20, 2015
Pending
—
Aug 14, 2015
Listed
$419,900
$259/sq ft
GPSMLS #14814321
Apr 30, 2015
Listing Removed
—
Mar 26, 2015
Price Changed
$444,900
$274/sq ft
Mar 4, 2015
Relisted
—
Feb 28, 2015
Price Changed
$449,900
$277/sq ft
Feb 23, 2015
Listing Removed
—
Dec 11, 2014
Listed
$469,000
$289/sq ft
Public Records
Mar 30, 2004
Sold
$416,500
$257/sq ft
Public Records
Dec 23, 1992
Sold
$162,000
$100/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,543 (+18.8%)
$200,173 + $600,526
$800,699
2024
$8,034 (−1.8%)
$200,173 + $600,526
$800,699
2023
$8,185 (−0.1%)
$45,517 + $594,328
$639,845
2022
$8,195 (+35.8%)
$44,625 + $582,675
$627,300
2021
$6,035 (+4.6%)
$43,750 + $571,250
$615,000
2020
$5,767 (+3.3%)
$122,379 + $325,916
$448,295
2019
$5,584 (+1.9%)
$121,125 + $322,575
$443,700
2018
$5,480 (+1.5%)
$111,426 + $323,668
$435,094
2017
$5,400 (+3.0%)
$107,100 + $311,100
$418,200
2016
$5,243 (−1.3%)
$107,100 + $311,100
$418,200
2015
$5,313 (+20.6%)
$105,000 + $305,000
$410,000
2014
$4,406 (+11.4%)
$78,000 + $265,000
$343,000
2013
$3,955 (−7.4%)
$78,000 + $265,000
$343,000
2012
$4,271 (+18.8%)
$69,000 + $233,000
$302,000
2011
$3,594 (−0.5%)
$77,000 + $262,000
$339,000
2010
$3,612 (−14.3%)
$65,000 + $222,000
$287,000
2009
$4,214 (−12.1%)
$64,000 + $218,000
$282,000
2008
$4,795
$76,000 + $256,000
$332,000
Public record
Public record
Zoning
Beds
2
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1985
Sq. Ft.
1,622
Year built
1985
Style
Condo/Co-op
County
Riverside County
APN
505164018
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 3, 2026.
R2
Limited Multiple-Family Residential Zone
The R-2 zone is intended to provide for the development of medium-density multiple-family residential uses.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Other
Hotel / motel
Property details
Parking
Garage
Garage Is Attached
# of Garage Spaces: 1
Parking
# of Parking Spaces (Total): 2
# of Open Other Spaces: 1
Interior
Bathroom Information
# of Baths (Full): 1
# of Baths (3/4): 1
# of Baths (1/2): 1
Double Vanity(s), Shower Over Tub, Shower Stall, Tile, Powder Room