108 Desert Falls Drive E, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath
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Palm Desert, California 92211
This property presents a High-Potential Investment Opportunity with a List Price of $435,000—positioned well below the $364,348 Fair Market Value by -19%. While the list price exceeds the current valuation, the unit functions as a Buy-and-Hold Investor asset due to its turnkey status and short-term rental eligibility in Desert Falls. Featuring a Condition Rating of 4, the condo offers Golf Course and Mountain Views and access to resort-style amenities. This is an ideal acquisition for vacation rental operators seeking immediate income-generating potential in the Coachella Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 108 Desert Falls Drive E Subject | $435,000* List Price | 2 | 2 | 1,330 | $284 | - |
A 248 Vista Royale Circle E Sold | $320,000 | 2 | 2 | 1,330 | $241 | 0.5 mi |
B 177 Firestone Sold | $325,000 | 2 | 2 | 1,330 | $244 | 0.6 mi |
C 57 Ponderosa Circle Sold | $415,000 | 2 | 2 | 1,368 | $303 | 0.3 mi |
D 786 Montana Vista Drive Sold | $340,000 | 2 | 2 | 1,360 | $250 | 0.6 mi |
E 76279 Poppy Lane Sold | $419,000 | 2 | 2 | 1,549 | $270 | 0.7 mi |
F 106 Tanglewood Trail Sold | $387,000 | 2 | 2 | 1,368 | $283 | 0.3 mi |
G 243 Bouquet Canyon Drive Sold | $400,000 | 2 | 2 | 1,368 | $292 | 0.1 mi |
H 292 Desert Falls Drive E Sold | $342,000 | 2 | 2 | 1,330 | $257 | 0.5 mi |
I 131 Desert Falls Circle Active | $429,000 List Price | 2 | 2 | 1,330 | $323 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (36 years old), the property is well-maintained and functional for its current use as an Airbnb, but remains dated. The kitchen features original-style cabinetry with a light refresh and a dated fluorescent ceiling light box. While it has updated flooring and furniture, the core systems and architectural features (like mirrored closets) exceed the 20-year threshold for a 'Good' rating without a full modern renovation.
The property is a turnkey furnished unit in a community that permits short-term rentals, offering immediate income-generating potential for investors in the Coachella Valley.
Featuring cathedral ceilings and an open floorplan, the condo offers stunning golf course and mountain views from a private balcony, creating a bright and airy atmosphere.
Ownership includes access to a comprehensive suite of amenities including a fitness center, tennis and pickleball courts, and a clubhouse, enhancing the lifestyle appeal.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2614, other record lot size in square feet = 2547.
The monthly HOA fee of $871 is substantial and may impact the net ROI for investors or the monthly budget for primary residents.
Being an upstairs unit, the property may be less desirable for buyers with mobility concerns or those specifically seeking ground-level access.
Successful turnkey furnished Airbnb retreat in the heart of the Coachella Valley! This beautiful upstairs 2 bed, 2 bath condo is ideally located just steps from the community pool and features stunning golf course and mountain views from the private balcony. Bright and airy with cathedral ceilings, large windows, plantation shutters, and open floorplan.Located in highly desirable Desert Falls where short-term rentals are allowed, offering excellent vacation rental income. Ownership includes access to resort-style amenities including a fitness center, tennis courts, pickleball, clubhouse and much more. Convenient mid-valley location close to dining, shopping, festivals, and easy I-10 access. Perfect as a vacation home, investment property, or desert getaway!
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,330 | 1,548 |
| Lot Size | 2,614 | 2,178 |
| Price | $435.0K | $473.9K |
| Price per sq ft | $327 | $321 |
| Built year | 1988 | 1983 |
| HOA | $871.0 | $800 |
| Days on market | 53 | 69 |
May 30, 2026
$435,000
Initial Listing
Apr 14, 2022
$435,000
Public Record
Mar 8, 2004
$200,000
Public Record
Mar 13, 2003
$163,000
Public Record
Dec 16, 1997
$133,000
Public Record