OFF MARKET

Off market apr 2023 for $550K

$524,370

Est. refi paymentEst. refi $3,764/mo

•

1,596

sq ft

721 E Arenas Rd, Palm Springs, CA 92262

About this home

This contemporary townhome located several blocks from downtown's restaurants and activities is the perfect place to experience Palm Springs. Gated, with 2 covered parking spots just outside your door, fireplace, laundry, upgraded interiors, views, 4 pools and spas on land that you own. There are 2 ensuite bedrooms and a powder room. This home is in meticulous condition and is in an exceptional location.

CondoProperty Type

2003Year Built

871 sq ftLot Size

$329Est. Price/Sq.Ft.

4 spacesParking

Listed by Tim Schneider •DRE #01489249 • Bennion Deville Homes

•760-861-3197 (agent)

•tschneider@bdhomes.com (agent)

Bought with Reagan Richter •DRE #02031224 • Compass

Redfin checked: a few seconds ago

•Source:GPSMLS #219088376

Redfin Estimate

$524,370

$26K since sold in April 2023$20K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.7% lower than the average sale price ($653K) of 6 comparable homes.

SOLD JUN 18, 2026
$585,000
A
2 beds3 baths1,516 sq ft
248 Villorrio Dr, Palm Springs, CA 92262
SOLD DEC 8, 2025
$637,500
B
2 beds2.5 baths1,593 sq ft
691 E Arenas Rd, Palm Springs, CA 92262
SOLD AUG 28, 2026
$355,000
C
2 beds2 baths1,096 sq ft
255 S Avenida Caballeros #320, Palm Springs, CA 92262
SOLD SEP 14, 2026
$1,195,000
D
2 beds2.5 baths1,861 sq ft
901 Alejo Vis, Palm Springs, CA 92262
SOLD APR 7, 2026
$659,000
E
2 beds2.5 baths1,794 sq ft
677 E Arenas Rd, Palm Springs, CA 92262
SOLD AUG 25, 2026
$485,000
F
2 beds2 baths1,259 sq ft
500 E Amado Rd #506, Palm Springs, CA 92262

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Earn from this home

Sell

$80,186

Est. take-home

List your home with Redfin and save $5,244

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$3,502/mo

Redfin rental estimate

List your home for rent

Market trends in 92262, CA

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

96.5%

0.3% MoM

Median sale price

$603K

$42K MoM

Avg. days on market

81d

4 days MoM

Recently sold homes

196

32 MoM

New listings for sale

NEW 55 MINS AGO
$2,495,000
3 beds3 baths2,370 sq ft
990 W Via Olivera, Palm Springs, CA 92262
OPEN SAT, 11AM TO 2PM
$499,000
3 beds2 baths1,411 sq ft
1115 Alta Cresta, Palm Springs, CA 92262
Fiv Realty Co
NEW 1 HR AGO
$250,000
1 bed1 bath650 sq ft
675 N Los Felices Cir Unit J119, Palm Springs, CA 92262
OPEN SAT, 11:30AM TO 2PM
$1,365,000
4 beds3.5 baths2,784 sq ft
1450 Lorena Way, Palm Springs, CA 92262
NEW 3 HRS AGO
$1,235,000
3 beds2 baths1,468 sq ft
275 N Michelle Rd, Palm Springs, CA 92262
LISTED BY REDFIN 8 HRS AGO
$550,000
3 beds2 baths2,102 sq ft
1211 Solana Trl, Palm Springs, CA 92262
COMING SOON
$710,000
3 beds2 baths1,225 sq ft
345 E Glen Cir S, Palm Springs, CA 92262
$1,175,000
3 beds3 baths2,029 sq ft
2712 Dancing Sands Dr, Palm Springs, CA 92262
NEW 28 HRS AGO
$790,000
3 beds2 baths1,344 sq ft
2723 N Junipero, Palm Springs, CA 92262
OPEN SUN, 11AM TO 1PM
$970,000
3 beds3.5 baths2,937 sq ft
211 Mustang Ln, Palm Springs, CA 92262
See all

Provided by Redfin

Sale history for 721 E Arenas Rd

Date

Event

Price

GPSMLS #219088376

Apr 12, 2023

Sold

$550,000

$345/sq ft

Mar 14, 2023

Contingent

—

Mar 9, 2023

Price Changed

$550,000

$345/sq ft

Mar 9, 2023

Relisted

—

Feb 17, 2023

Price Changed

$575,000

$360/sq ft

Jan 24, 2023

Price Changed

$590,000

$370/sq ft

Dec 16, 2022

Listed

$625,000

$392/sq ft

GPSMLS #15959963

Apr 27, 2016

Sold

$400,000

$251/sq ft

Apr 20, 2016

Pending

—

Mar 28, 2016

Pending

—

Mar 3, 2016

Price Changed

$409,000

$256/sq ft

Feb 17, 2016

Price Changed

$419,000

$263/sq ft

Jan 28, 2016

Price Changed

$439,000

$275/sq ft

Nov 19, 2015

Listed

$450,000

$282/sq ft

+26

Contemporary town home located three blocks from downtown Palm Springs awaits you at 48@Arenas. Comprised of two en-suite bedrooms, powder room, fireplace, open concept living area, kitchen with stainless steel appliances and in unit laundry. Each unit has one covered parking inside the gated parking area with access right into the home. A private patio off of the living area provides opportunity to dine al fresco while taking in the mountain views. 48@Arenas is comprised of 48 units offering four pools two of which are heated and four spa's. This unit was previously long term rented for $1,800 a month and would also make a great vacation rental, primary residence or pied--terre.

GPSMLS #41360003

Jun 29, 2009

Sold

$302,000

$189/sq ft

Feb 23, 2009

Listed

$319,900

$200/sq ft

Public Records

Apr 27, 2004

Sold

$369,000

$231/sq ft

GPSMLS #21177146

Mar 8, 2004

Listed

$369,000

$231/sq ft

GPSMLS #21163866

Jul 2, 2003

Listing Removed

—

Jun 3, 2003

Listed

$295,000

$185/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,889 (−2.6%)

$52,020 + $520,200

$572,220

2024

$7,072 (+19.5%)

$52,020 + $520,200

$572,220

2023

$5,916

$51,000 + $510,000

$561,000

2022

$5,922 (+2.1%)

$113,781 + $341,347

$455,128

2021

$5,802 (+4.7%)

$111,550 + $334,654

$446,204

2020

$5,544 (+1.7%)

$109,363 + $328,093

$437,456

2019

$5,449 (+1.9%)

$108,242 + $324,729

$432,971

2018

$5,347 (+1.5%)

$106,120 + $318,362

$424,482

2017

$5,270 (+22.0%)

$102,000 + $306,000

$408,000

2016

$4,318 (+4.2%)

$102,000 + $306,000

$408,000

2015

$4,143 (+1.4%)

$82,126 + $246,388

$328,514

2014

$4,087 (+5.8%)

$79,310 + $237,935

$317,245

2013

$3,864 (+8.4%)

$79,310 + $237,935

$317,245

2012

$3,564 (−1.1%)

$74,000 + $221,000

$295,000

2011

$3,603 (−6.3%)

$70,000 + $211,000

$281,000

2010

$3,847 (−14.1%)

$72,000 + $216,000

$288,000

2009

$4,480 (−6.1%)

$75,321 + $225,963

$301,284

2008

$4,773

$90,000 + $264,000

$354,000

Tax history for 721 E Arenas Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,889 (−2.6%)

$52,020 + $520,200

$572,220

2024

$7,072 (+19.5%)

$52,020 + $520,200

$572,220

2023

$5,916

$51,000 + $510,000

$561,000

2022

$5,922 (+2.1%)

$113,781 + $341,347

$455,128

2021

$5,802 (+4.7%)

$111,550 + $334,654

$446,204

2020

$5,544 (+1.7%)

$109,363 + $328,093

$437,456

2019

$5,449 (+1.9%)

$108,242 + $324,729

$432,971

2018

$5,347 (+1.5%)

$106,120 + $318,362

$424,482

2017

$5,270 (+22.0%)

$102,000 + $306,000

$408,000

2016

$4,318 (+4.2%)

$102,000 + $306,000

$408,000

2015

$4,143 (+1.4%)

$82,126 + $246,388

$328,514

2014

$4,087 (+5.8%)

$79,310 + $237,935

$317,245

2013

$3,864 (+8.4%)

$79,310 + $237,935

$317,245

2012

$3,564 (−1.1%)

$74,000 + $221,000

$295,000

2011

$3,603 (−6.3%)

$70,000 + $211,000

$281,000

2010

$3,847 (−14.1%)

$72,000 + $216,000

$288,000

2009

$4,480 (−6.1%)

$75,321 + $225,963

$301,284

2008

$4,773

$90,000 + $264,000

$354,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

2004

Sq. Ft.

1,596

Year built

2003

Style

Condo/Co-op

County

Riverside County

APN

508088076

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 7, 2026.

Property details

Parking

Parking and Garage Information
Total Parking Spaces: 4
Parking: Assigned, Attached Carport, Covered, Direct Entrance, Guest
Total Covered Spaces: 2
Total Carport Spaces: 2

Interior

Bedroom Information
Bedroom Features: 2 Master Bedrooms, Walk In Closet

Bathroom Information
Full Baths: 2
1/4 Baths: 1
Bathroom Features: 2 Master Baths

Room Information
Rooms: Bar, Dining Area, Entry, Living Room
Eating Areas: Breakfast Counter/Bar, Dining Area
Kitchen Features: Quartz Counters
Laundry Location: In Closet

Interior Features
Interior Features: High Ceilings (9 Ft+), Laundry-Closet Stack
Doors: Sliding Doors
Furnished: Unfurnished

Fireplace Information
Has Fireplace(s)
Total Fireplaces: 1
Fireplace Features: Gas
Fireplace Location: Living Room

Flooring
Carpet, Ceramic Tile

Equipment
Appliances: Dishwasher, Dryer, Gas Range, Microwave Oven, Refrigerator, Washer

Heating & Cooling
Heating Type: Central
Cooling Type: Central Air

Exterior

Building Information
Building Style: Contemporary
Building # of Stories: 2
Year Built Source: Assessor
Levels: Two
Exterior Construction: Stucco

Exterior Features
Security Safety: Automatic Gate, Exterior Security Lights, Gated Community
Has Sprinklers

Pool Information
Has Pool
Pool Location: Community
Pool Description: Community, Heated
Pool Construction: In Ground
Has Spa/Hot Tub
Spa/Hot Tub Description: Community, Heated
Spa/Hot Tub Construction: In Ground

Land Information
Land Type: Fee
Land Type: Fee Simple
Irrigation: Sprinkler System

Lot Information
Lot Size Source: Assessor
Lot Description: Automatic Gate, Landscaped, Sidewalks

Property Features
Sq Ft Source: Assessor
View: Has View
View Type: Mountain(s)
Property Sub-Type: Condominium
No
Property Attached/Detached: Attached
Property Condition: Updated/Remodeled

Financial

Rental Information
Rental Restrictions: Yes
Has Rental Restrictions

Utilities

Utilities Information
PUD Y/N: No
Sewer: In, Connected and Paid

Location

Homeowners Association Information
HOA Information: Association Fee 1: 667.33
Yes
Association 1 Frequency: Monthly
Total Monthly Association Fees: 667.00
Association Fees Include: Building & Grounds, Earthquake Insurance, Sewer, Trash, Water
Association Amenities: Controlled Access, Guest Parking, Maintenance Grounds, Management
Association Pet Rules: Assoc Pet Rules, Call

Location Information
Directions: From Palm Canyon Dr, East on Tahquitz Canyon Way, South on Calle El Segundo, East on Arenas Rd. Enter complex from East gate nearest Avenida Caballeros .
Cross Streets: Calle El Segundo

Community Information
Unit Total in Complex: 48
Unit Total in Complex: 48
Gated Community: Yes

Public facts

Beds: 2
Baths: 2.5
Sq. Ft.: 1,596
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 2003
Year Renovated: 2004
County: Riverside County
APN: 508088076

Home facts updated by county records on Aug 7, 2026

Other

Documents & Disclosures
Disclosures: CC & R, Homeowners Association

Listing Information
Listing Terms: Cash to New Loan
Sale Type: Standard
Short Term Rentals: No
Will Consider Lease: No

Around this home

Schools

Cahuilla Elementary School

Public K-5 • Assigned • 0.9mi

3/10

Raymond Cree Middle School

Public 6-8 • Assigned • 1.6mi

5/10

Palm Springs High School

Public 9-12 • Assigned • 1.1mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

7/10 Fire Factor

18% chance of being in a wildfire in next 30 years

9/10 Heat Factor

9 days above 112° expected this year, 27 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

5/10 Air Factor

6 unhealthy days expected this year, 8 days in 30 years

Provided by First Street

Historical weather

Palm Springs, CA • 92262

Average low and high temperatures (°F)

101

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 7.4 hours in December, placing it above the U.S. average for solar exposure.

10.3 hrs

7.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$499,000 – $604,000

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New listings for sale in 92262

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Fiv Realty Co

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675 N Los Felices Cir Unit J119, Palm Springs, CA 92262

OPEN SAT, 11:30AM TO 2PM

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COMING SOON

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Home values near 721 E Arenas Rd

Data from public records.

Address	Redfin Estimate
655 East Arenas Rd, Palm Springs, CA 2 Beds \| 2.5 Baths \| 1593 Sq. Ft.	$681,021
663 East Arenas Rd, Palm Springs, CA 2 Beds \| 2.5 Baths \| 1794 Sq. Ft.	$668,061

Address	Redfin Estimate
657 East Arenas Rd, Palm Springs, CA 2 Beds \| 3 Baths \| 1596 Sq. Ft.	$573,244
665 East Arenas Rd, Palm Springs, CA 2 Beds \| 3 Baths \| 1596 Sq. Ft.	$612,335

Address	Redfin Estimate
659 East Arenas Rd, Palm Springs, CA 2 Beds \| 2.5 Baths \| 1794 Sq. Ft.	$539,876
677 East Arenas Rd, Palm Springs, CA 2 Beds \| 2.5 Baths \| 1794 Sq. Ft.	$650,660

Property information provided by GPSMLS when last listed in 2022. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 92262, CA

Sale history for 721 E Arenas Rd

Tax history for 721 E Arenas Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 92262

Home values near 721 E Arenas Rd

More real estate resources