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115 Desert Falls Dr. East Drive E, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath

115 Desert Falls Dr. East Drive E, Palm Desert, California 92211 home-pic-0
ACTIVE$465,000
115 Desert Falls Dr. East Drive E, Palm Desert, California 92211
2Beds
2Baths
1,330Sqft
2,614Lot
Year Built
1988
Close
-
List price
$465K
Original List price
$465K
Price/Sqft
$350
HOA
$854
Days on market
-
Sold On
-
MLS number
219138358DA
Home ConditionFair
Features
Good View: Park/Greenbelt, Mountain(s)
Patio
ViewPark/Greenbelt, Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $465.0K(53th), sqft - 1330(35th), beds - 2(50th), baths - 2(50th).

Step into your new home where you will find enjoyment and relaxation. This beautiful home is a great place to spend time with your loved ones. HOA dues include fitness center, pickleball court, tennis court, golf course, swimming pools, spas and security for your protection. It's a well-maintained home that includes a brand-new dishwasher, shutters, ceiling fans, a wet bar and a fairly new A.C. You will also have plenty of room to park your vehicles with a 2 car garage and long driveway. The driveway can accommodate up to 4 more vehicles! Enjoy a nice swim on a very hot summer day. The pool is located a few feet away from your new home facing the open patio. This beautiful home can also be used as an income property for a short-term rental for Coachella Fest visitors and more. Enjoy a nice evening with your loved ones on the open patio that faces our beautiful mountains.

Nearby schools

8/10
James Earl Carter Elementary School
Public,•K-5•1.7mi
7/10
Palm Desert High School
Public,•9-12•1.9mi

Price History

Date
Event
Price
11/06/25
Listing
$465,000
07/27/20
Sold
$212,000
11/29/04
Sold
$335,000
07/30/03
Sold
$162,500
Condition Rating
Fair
Built in 1988, this property is 36 years old. While it benefits from recent updates such as a brand-new dishwasher, fairly new AC, and new shutters, the kitchen features dated cabinets, countertops, and older appliances (range, microwave), along with 80s/90s-era tile flooring. The living room has updated laminate flooring, but the overall aesthetic in key areas like the kitchen is outdated. Without bathroom images, it's reasonable to infer they are also dated. The home is well-maintained but requires minor updates to modernize its style and features.
Pros & Cons

Pros

Extensive Community Amenities: The HOA dues provide access to a wide array of amenities including a fitness center, pickleball court, tennis court, golf course, multiple swimming pools, spas, and 24/7 security, enhancing lifestyle and property value.
Strong Income Potential: The property is explicitly marketed as suitable for short-term rentals, making it an attractive investment opportunity, especially for events like Coachella Fest.
Recent Key Updates: The home benefits from recent upgrades such as a brand-new dishwasher, new shutters, ceiling fans, and a fairly new air conditioning unit, reducing immediate maintenance concerns for a buyer.
Ample Parking Capacity: Beyond the 2-car garage, the property features a long driveway that can accommodate up to 4 additional vehicles, a significant advantage for guests or multiple residents.
Desirable Outdoor Living & Views: Enjoy an open patio facing beautiful mountains, with a swimming pool conveniently located just a few feet away, offering immediate relaxation and scenic enjoyment.

Cons

High Monthly HOA Dues: The association fee of $854.0 per month is substantial and represents a significant ongoing financial commitment for the homeowner, which could impact affordability and resale.
Property Age: Built in 1988, the property is over 35 years old. While some updates are noted, other major systems (e.g., plumbing, electrical, roof) may be original or nearing the end of their lifespan, potentially requiring future investment.
Condominium Ownership Limitations: As a condominium, the property likely involves shared walls, a smaller private lot size (2614 sqft), and potential restrictions from the HOA regarding property modifications or usage, which may not suit all buyers seeking full autonomy.

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