
Palm Desert, California 92260
This Renovated Resort Condominium represents a Prime Investment Opportunity, listed at $462,000—positioned well below the $521,482 Fair Market Value by 11%. This valuation gap provides $59,482 in Instant Equity for the incoming buyer. Boasting a Mint Condition Rating, the residence features a renovated kitchen, rooftop solar with zero electrical costs, and panoramic south-facing mountain views. Located in the prestigious Chaparral Country Club within the Desert Sands Unified district, this home balances financial upside with a premium lifestyle. It is an exceptional acquisition for Owner-Occupants or Second-Home Buyers seeking a turnkey desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 103 Camino Arroyo S Subject | $399,000* List Price | 3 | 3 | 2,051 | $195 | - |
A 122 Presidio Place Sold | $425,000 | 3 | 3 | 2,051 | $207 | 0.3 mi |
B 34 Camino Arroyo Place Sold | $470,000 | 3 | 2 | 1,950 | $241 | 0.4 mi |
C 68 Camino Arroyo Place Sold | $481,500 | 3 | 3 | 2,051 | $235 | 0.4 mi |
D 96 Presidio Place Sold | $489,000 | 3 | 3 | 2,051 | $238 | 0.2 mi |
E 74236 Catalina Way Sold | $325,000 | 3 | 2 | 1,344 | $242 | 0.9 mi |
F 89 Camino Arroyo S Active | $415,000 List Price | 3 | 2 | 1,950 | $213 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1980, the property has undergone a comprehensive recent renovation. It features a modern kitchen with updated cabinetry, counters, and stainless appliances, along with updated flooring and bathrooms. Critical systems have been modernized with a new HVAC system and rooftop solar, meeting the criteria for a high-quality renovation in mint condition.
The property features a rooftop solar system that eliminates electrical bills, paired with a new HVAC system and upgraded ducting for maximum efficiency in the desert climate.
The residence boasts a renovated kitchen with modern counters and appliances, updated flooring, recessed lighting, and crown molding, offering a contemporary aesthetic without the need for immediate upgrades.
South-facing mountain views are enjoyed from a private patio that avoids the noise, golf cart traffic, and safety risks associated with direct golf course frontage.
The monthly association fee of $805 is substantial, which may impact the debt-to-income ratio for financed buyers and overall monthly affordability.
Significant price reductions from the original $570,000 list price to $462,000 suggest the property has faced challenges with market absorption or initial overvaluation.
Reduced to Sell – South-facing mountain views with NO electrical bills thanks to rooftop SOLAR. Welcome to 103 Camino Arroyo S in Chaparral Country Club—where privacy, comfort, and lifestyle come together in one beautifully updated single-level home. This 3-bedroom, 3-bath residence offers 2,051 sq ft of open living space and expansive south-facing mountain views from a private back patio—perfect for relaxing mornings and peaceful desert evenings. Unlike golf course properties, this home offers a quiet, private setting with no cart traffic, no stray golf balls, and a more tranquil outdoor experience—while still enjoying full access to all of Chaparral’s premier amenities. Inside, you’ll find a thoughtfully upgraded interior featuring a renovated kitchen with modern counters, cabinetry, and appliances, along with crown molding, recessed lighting, updated flooring, and a stylish fireplace finish. The home is truly move-in ready. Major system upgrades add real value and efficiency, including a solar power system and a new HVAC system with upgraded ducting—providing year-round comfort and lower energy costs. Chaparral Country Club offers a true resort lifestyle with a Ted Robinson-designed 18-hole golf course, 21 pools and spas, tennis and pickleball courts, fitness center, and a vibrant clubhouse with dining and social events. Whether you’re looking for a full-time residence or seasonal retreat, this home delivers exceptional value, comfort, and lifestyle in one of Palm Desert’s most sought-after communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 61% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 2,051 | 1,550 | 80% |
| Lot Size | - | 2,613 | 19% |
| Price | $399.0K | $499.0K | 23% |
| Price per sq ft | $195 | $334 | 1% |
| Built year | 1980 | 1979 | 54% |
| HOA | $805.0 | $764 | 65% |
| Days on market | 107 | 157 | 22% |
May 15, 2026
$399,000
$462,000
-14% Price Drop
Initial Listing
Apr 19, 2026
$462,000
$522,000
-11% Price Drop
Initial Listing
Apr 10, 2026
$522,000
$547,000
-5% Price Drop
Initial Listing
Mar 12, 2026
$547,000
$570,000
-4% Price Drop
Initial Listing
Feb 20, 2026
$570,000
Initial Listing