112 Chelsea Circle, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 3 bath
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Palm Desert, California 92260
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $945,000—positioned above the $871,954 Fair Market Value by 8%. While currently priced above market, the property offers significant upside through cosmetic modernization. Featuring a Condition Rating of 4, the home includes a Pebble Tec pool and spa, an expansive 12,632 sq. ft. lot, and dramatic 18-foot ceilings. Located in the prestigious Vista Paseo community near Palm Desert High School, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to personalize a private desert estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 112 Chelsea Circle Subject | $945,000* List Price | 3 | 3 | 2,198 | $397 | - |
A 72890 Amber Street Sold | $825,000 | 3 | 2 | 2,109 | $391 | 0.8 mi |
B 46310 Shadow Mountain Drive Active | $1,199,000 List Price | 3 | 3 | 2,186 | $548 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (36 years old), the home is well-maintained but dated. While the bathroom shows a mid-life renovation and the pool features Pebble Tec, the overall interior—including the kitchen, laundry, and flooring—reflects styles from over 20 years ago. It is move-in ready but requires cosmetic and system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 2198.
Situated in the exclusive Vista Paseo gated community, the property offers unparalleled access to El Paseo’s luxury shopping, dining, and scenic hiking trails with exceptionally low HOA fees of just $150.
The oversized 12,600+ sq. ft. elevated lot provides superior privacy and features a Pebble Tec pool, spa, and stunning mountain vistas, creating a serene and tranquil desert retreat.
Having been maintained by the same owners for 21 years, the interior is described as a 'foundation' for a new owner's vision, suggesting that significant cosmetic updates may be required to meet contemporary standards.
As one of the more approachable and smaller residences in the community, the 2,200 sq. ft. layout may feel compact compared to the larger, more expansive estates typically found in Vista Paseo.
Major Price Reduction! Seller Says Sell it! So let's make that happen. Situated in the low foothills of scenic South Palm Desert, this intimate 85-home gated community called Vista Paseo reflects quiet elegance and a relaxed desert lifestyle. Just minutes from mountain hiking trails and the renowned boutiques and restaurants of El Paseo, as well as everyday conveniences like Trader Joe's and Whole Foods, the location could not be more ideal. Low HOA dues of only $150 per month are an added attraction, and homes in this community rarely come on the market. One of the smaller and more approachable homes in the neighborhood, this three-bedroom, three-bath residence offers approximately 2,200 square feet of comfortable living space and has been lovingly cared for by its current owners for the past 21 years. As they prepare to move closer to family, a wonderful opportunity opens for the next owner to make this special home their own. Nestled on a generous 12,600 square-foot lot that provides exceptional privacy, the property offers a tranquil escape surrounded by palm trees, mountain views, and the soothing sounds of a Pebble Tec pool with bubbling spa. Sitting above and hidden from any immediate neighbors, the backyard is a peaceful setting for relaxing and enjoying the quiet beauty of the desert environment. Inside, the home provides an inviting foundation ready for a new owner's personal style and vision. The dramatic 18-foot high walls in the living room with clerestory windows create a striking backdrop for large-scale art, sculpture, or a gallery wall, enhancing the sense of openness and light throughout the space. The floor plan is designed for both comfort and entertaining, with a spacious covered patio that serves beautifully for outdoor gatherings or as an additional living area during the cooler months. Security shutters on all windows provide peace of mind when you're gone, while the backyard -- especially in the evenings with the misters running -- becomes a serene retreat under the desert sky. Lovingly maintained and offering the chance to update or personalize over time, this home combines privacy, location, and potential in one of South Palm Desert's most desirable gated communities.
No exterior & parking available.
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,198 | 2,040 |
| Lot Size | 12,632 | 7,405 |
| Price | $945.0K | $634.5K |
| Price per sq ft | $430 | $325 |
| Built year | 1988 | 1994 |
| HOA | $150.0 | $398 |
| Days on market | 4 | 74 |
Jul 18, 2026
$945,000
Initial Listing
Sep 2, 2005
$775,000
Public Record
Jan 18, 2002
$322,000
Public Record