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314 Lakewood, Palm Desert, CA 92260

$390K2bd · 2ba · 1,101 sqft
Lot 1,530 sqftHOA $775/moCondominium
Active
37d on marketMLS# IV-26175538

Property Description

Welcome to 314 Lakewood Ln, where comfortable desert living meets the resort-style amenities of the desirable Park Palms community in Palm Desert. This inviting single-story, 2-bedroom, 2-bath residence features an open-concept living and dining area, a fireplace, ceiling fans, and a beautifully updated kitchen with warm wood cabinetry and modern appliances. Natural light fills the living spaces, while sliding doors create an easy connection to the covered private patio—an ideal setting for morning coffee, outdoor dining, or relaxing after a day in the desert. The home also offers an attached 2-car garage, in-home washer and dryer, and a combination of tile, wood, and carpet flooring. Park Palms offers a true resort-style setting with beautifully landscaped grounds and community amenities including pools, spas, clubhouse, tennis courts, fitness facilities, sauna, and BBQ areas. Conveniently located near Palm Desert shopping, dining, recreation, and everyday services, 314 Lakewood Ln offers an excellent opportunity for a primary residence, desert getaway, or lock-and-leave lifestyle.

Features & Amenities

Park PalmsFeeBuilt 1984

Property Details

Subdivision
Park Palms
Land Type
Fee
Year Built
1984
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Pond, Pool
Flooring
Carpet, Tile, Wood
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byBLUE SKY REAL ESTATE CENTER, LIONEL NEWMAN THOMAS

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,972.05
Principal & Interest
Loan Amount
$311,999
Total Interest
$397,938
Total Payment Over 30 Years
$709,937
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Park Palms

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

View Park Palms Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

314 Lakewood, Palm Desert, CA 92260

Park Palms · Palm Desert · Condominium

$390K
Affordable Tier
Beds
2
Baths
2
Sqft
1,101
Lot
1,530 sqft
Year
1984
$/Sqft
$354
Pool: Yes
Spa: Yes
View: Pond, Pool
Garage: 2-car

Listed 27.9% above the median closed sale of $305,000. Price per sqft ($354) is a 15% premium to closed comps ($309).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $390K· $354/sqft
Total list price
Closed comps
vs closed median $305K
+$85K (+27.9%)
Active comps
vs active median $293K
+$97K (+33.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $333
+$21 (+6.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
41497 InvernessPalm Desert1984229381,792$383$359,0001081
40840 Sandy GalePalm Desert198522925871$316$292,5002479
41631 ResorterPalm Desert1984229381,794$304$285,0001077
41726 Resorter BoulevardPalm Desert1984229381,742$304$285,0009576
40513 Bay Hill WayPalm Desert1981229381,804$360$338,00015076
Total: 5 · Average2.02.0935.41,600.6$333.4$311,90057.8
Median938$292,500

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
386 Tava LanePalm Desert199209/10/2026229911,742$320,000$310,000$3130.975380
41476 Inverness WayPalm Desert198406/09/2026229381,742$310,000$305,000$3250.985180
41876 Jupiter Hills CourtPalm Desert198405/13/2026229381,742$310,000$304,000$3240.983579
152 Verde WayPalm Desert198708/18/2026221,0704,356$359,000$330,000$3080.927378
11 Marbella LanePalm Desert198405/13/2026221,0804,356$299,000$299,000$2771.002678
Total: 5 · Average2.02.01,003.42,787.6$309,600$309,600$309.447.6
Median991$305,000$305,000

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.