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
Property Price
SUMMARY
Analysis of 115 Desert Falls Dr. East Drive E, Palm Desert, California 92211 is currently available with a list price of $465,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
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 The living room has updated laminate flooring, but the overall aesthetic in key areas like the kitchen is outdated.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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 115 Desert Falls Dr. East Drive E
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 2,614 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $854.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
James Earl Carter Elementary School
Grades K-5 • 1.7 mi
Palm Desert High School
Grades 9-12 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,330 | 1,598 | 31% |
| Lot Size | 2,614 | 2,613 | 50% |
| Price | $465.0K | $471.0K | 48% |
| Price per sq ft | $350 | $321 | 67% |
| Built year | 1988 | 1988 | 50% |
| HOA | $854.0 | $845 | 70% |
| Days on market | 121 | 154 | 30% |
Pricing History
Listed for Sale
Nov 6, 2025
$465,000
Initial Listing
Sold
Jul 27, 2020
$212,000
Public Record
Sold
Nov 29, 2004
$335,000
Public Record
Sold
Jul 30, 2003
$162,500
Public Record