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238 Paseo Gregario, Palm Desert, CA 92211

$395K2bd · 2ba · 1,270 sqft
Lot 1,388 sqftHOA $320/moCondominium
Active
99d on marketMLS# OC-26081144

Property Description

First time on the market! Discover one of the best-located interior corner units in Palm Desert’s highly sought-after, gated Spanish Walk community (Alegria phase). This fantastic ground-level, 2-bedroom, 2-bathroom furnished home features a convenient accessibility ramp, an attached, direct-access two-car garage, and a bright, open-concept floor plan. The living and dining areas flow seamlessly into a modern kitchen highlighted by slab granite countertops and sleek stainless-steel appliances, while the primary suite offers a private en-suite bathroom alongside a well-positioned second bedroom and full guest bath. Situated just steps from lush greenbelts, residents enjoy resort-style amenities including three pools and spas, a splash zone, a fitness center, playgrounds, and a clubhouse, with HOA dues covering landscaping, trash, and facility access. Benefiting from highly desirable, lower-cost IID electricity, this home perfectly blends comfort with a prime Coachella Valley locale—placing you just minutes from major entertainment at Acrisure Arena, luxury shopping and dining on El Paseo, premier golf at Desert Willow, and easy I-10 freeway access.

Features & Amenities

Spanish WalkFeeBuilt 2011

Property Details

Subdivision
Spanish Walk
Land Type
Fee
Year Built
2011
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Park/Greenbelt
Flooring
Tile
City
Palm Desert
Zip Code
92211
County
Riverside
Listed byColdwell Banker Realty, Joe Chung

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,997.33
Principal & Interest
Loan Amount
$316,000
Total Interest
$403,041
Total Payment Over 30 Years
$719,041
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Spanish Walk

This property is located in Spanish Walk, a community in Palm Desert. Explore more listings in this neighborhood to compare options and pricing.

View Spanish Walk Listings

Comparative Market Analysis

Affordable Tier · 3 active · 5 closed

238 Paseo Gregario, Palm Desert, CA 92211

Spanish Walk · Palm Desert · Condominium

$395K
Affordable Tier
Beds
2
Baths
2
Sqft
1,270
Lot
1,388 sqft
Year
2011
$/Sqft
$311
Pool: Yes
Spa: Yes
View: Park/Greenbelt
Garage: 2-car

Listed 5.3% above the median closed sale of $375,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $395K· $311/sqft
Total list price
Closed comps
vs closed median $375K
+$20K (+5.3%)
Active comps
vs active median $375K
+$20K (+5.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $277
+$34 (+12.3%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
142 Paseo BravoPalm Desert2008221,4650$252$369,9003794
154 Paseo BravoPalm Desert2008221,4650$256$375,0005993
512 Calle VibrantePalm Desert2014231,3901,371$323$449,0001593
Total: 3 · Average2.02.31,4401,371$277$397,966.66737
Median1,465$375,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
45632 Ocotillo DrivePalm Desert198006/18/2026221,2301,306$489,000$480,000$3900.985274
77277 Olympic WayPalm Desert198106/29/2026221,1770$379,000$365,000$3100.9617873
77401 Sawgrass CirclePalm Desert198106/26/2026221,1770$380,000$370,000$3140.974173
40345 Bay Hill WayPalm Desert198106/01/2026221,1772,163$399,000$376,000$3190.944171
67 Verde WayPalm Desert198705/20/2026221,2123,920$375,000$375,000$3091.003271
Total: 5 · Average2.02.01,194.62,463$393,200$393,200$328.468.8
Median1,177$375,000$375,000

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.