1134 Lake Vista, Palm Desert, California 92260, Palm Desert, 92260 - 4 bed, 5 bath
1134 Lake Vista
Palm Desert, California 92260
Property Price
SUMMARY
Analysis of 1134 Lake Vista, Palm Desert, California 92260 reveals a Fairly Priced Property with a current list price of $3,429,000 aligned with the estimated $3,386,668 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Palm Desert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1134 Lake Vista Subject | $3,429,000* List Price | 4 | 5 | 3,314 | $1,022 | - |
A 400 Vista Creek Active | $3,195,000 List Price | 4 | 5 | 3,314 | $964 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1999, this property is 25 years old. While impeccably maintained and featuring high-end finishes for its era, the kitchen's cabinet style and pendant lighting, along with the master bathroom's vanity and mirror setup, show signs of being outdated. These areas, though functional and in good condition, would benefit from updates to align with current luxury trends, placing it in the 'fair' category according to the age and renovation criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Exclusive Waterfront Location
Situated within the prestigious BIGHORN Golf Club, this property offers serene waterfront views and access, combining luxury community living with a desirable natural setting.
- Sophisticated Open-Concept Design
The home features an open floor plan with high ceilings, walls of glass, and clerestory windows, maximizing natural light and offering stunning views of nature throughout, ideal for entertaining and modern living.
- Extensive Private Accommodations
Includes a luxurious master suite with direct pool access and a well-appointed bathroom, two additional en-suite guest rooms, and a separate-entry guest house with a full bath and morning bar, providing ample privacy and comfort for residents and visitors.
CONSRISKS & DEFICIENCIES
- Substantial Monthly Association Fees
The property carries a significant monthly association fee of $1,726, which adds considerably to the ongoing cost of ownership and may deter some potential buyers.
- Premium Price Point
With a list price of $3.429 million, this property is positioned in a highly exclusive market segment, which naturally limits the pool of prospective buyers.
- Property Age & Potential for Modernization
Built in 1999, while well-maintained, the property is 25 years old, which may imply that some systems or finishes could benefit from updates to align with the absolute latest luxury trends and buyer expectations, potentially incurring future costs.
About 1134 Lake Vista
Welcome to your piece of waterfront serenity within BIGHORN Golf Club. This open floor plan with high ceilings, walls of glass and clerestory windows offers stunning views of nature throughout. The great room is open to the kitchen and dining room, making it a terrific use of space for any sized gathering.The master suite is tastefully furnished, with custom built-in cabinetry, fireplace and direct access to pool, spa and patios. Lovely bathroom with dual vanities, lavs and walk-in closets. Two guest suites inside the home include private bathrooms, closets and access to outdoor patios (one bedroom currently furnished as an office). A separate-entry guest house is accessed from the private courtyard, and features a full bath, walk-in closet, plus morning bar. Wonderful southwest sun and soothing sounds of water surround you as you enjoy the outdoor living of this home, featuring a barbeque center with bar seating, fire pit and generous space for lounging in the sun. Offered furnished and ready for immediate occupancy.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 12,623 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1726.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Rancho Mirage Elementary School
Grades K-5 • 3.6 mi
Gerald R. Ford Elementary School
Grades K-5 • 5.3 mi
Nellie N. Coffman Middle School
Grades 6-8 • 7.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 5.0 | 3.0 | 83% |
| Square foot | 3,314 | 2,309 | 83% |
| Lot Size | 12,623 | 10,019 | 71% |
| Price | $3.43M | $870.5K | 90% |
| Price per sq ft | $1.0K | $390 | 96% |
| Built year | 1999 | 1983 | 77% |
| HOA | $1726.0 | $0 | 90% |
| Days on market | 293 | 162 | 88% |
Pricing History
Listed for Sale
May 18, 2025
$3,429,000
Initial Listing