
Palm Desert, California 92260
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $449,000—positioned well above the $388,629 Fair Market Value by -15%. While the list price exceeds current valuation, the property offers a Condition Rating of 4, providing a move-in ready asset with Golf Course Views and access to premium amenities like tennis and pickleball. Ideal for Buy-and-Hold Investors seeking 30+ day rental income or Seasonal Retreat Seekers, this home balances established community appeal with the need for future modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 112 Giralda Circle Subject | $449,000* List Price | 2 | 2 | 1,303 | $298 | - |
A 244 Serena Drive Sold | $369,000 | 2 | 2 | 1,422 | $259 | 0.4 mi |
B 296 Castellana S Sold | $425,000 | 2 | 2 | 1,336 | $318 | 0.6 mi |
C 79 Camino Arroyo N Sold | $405,000 | 2 | 2 | 1,533 | $264 | 1.0 mi |
D 318 Paseo Primavera Sold | $375,000 | 2 | 2 | 1,303 | $288 | 0.4 mi |
E 193 Seville Circle Sold | $488,500 | 2 | 2 | 1,303 | $375 | 0.3 mi |
F 265 Calle Del Verano Sold | $370,000 | 2 | 2 | 1,336 | $277 | 0.6 mi |
G 281 S Serena Drive Active | $424,000 List Price | 2 | 2 | 1,303 | $325 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is well-maintained and move-in ready but remains largely dated. The kitchen features older white tile countertops, 20+ year old cabinetry style, and a mix of aged appliances. Interior photos show popcorn ceilings and older laundry units, indicating the home has not had a comprehensive renovation within the last 15-20 years.
Perfectly positioned on the 3rd fairway of the east course, this home offers exceptional north and east views of the fairways and mountains.
The property is sold fully furnished and move-in ready, making it an ideal immediate seasonal retreat or a seamless transition for a 30+ day vacation rental investment.
Located in the Monterey Country Club, residents have access to three 9-hole golf courses, tennis, pickleball, a fitness center, and multiple pools and spas.
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 = 1071.
The association fee of $800 per month is a significant recurring expense that may impact the overall affordability and net ROI for investors.
Built in 1979, the property may require ongoing maintenance or future modernization of systems and finishes to keep pace with newer desert developments.
Welcome to this turnkey, furnished, and perfectly positioned home on the 3rd fairway of the east course (one of three 9-hole courses at Monterrey Country Club). Great east & north views of the fairways + mountains and ideal for 30+ day vacation rentals. This well-maintained 2 bed /2 bath home has a smart layout with the bedrooms separated for privacy. Open living area with big sliding glass doors that bring in lots of light and connect to the extended patio - perfect for relaxing or entertaining. Kitchen has plenty of cabinets and all appliances stay. This home is move-in ready! Great as a seasonal retreat or income property. Conveniently close to the south entrance for easy access. Besides golfing, Monterrey CC amenities include, tennis & pickleball, fitness center, clubhouse, and multiple pools and spas. The best of desert living!
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.2 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,303 | 1,550 | 29% |
| Lot Size | 2,614 | 2,613 | 52% |
| Price | $449.0K | $499.0K | 37% |
| Price per sq ft | $345 | $335 | 55% |
| Built year | 1979 | 1979 | 50% |
| HOA | $800.0 | $764 | 57% |
| Days on market | 32 | 160 | 2% |
May 13, 2026
$449,000
Initial Listing
Dec 22, 2017
$250,000
Public Record