120 Old Ranch, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 4 bath
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Palm Desert, California 92211
This Spacious Tucson-Plan Residence represents a calculated Value-Add Acquisition in The Lakes Country Club, listed at $699,500. While priced at its $678,959 Fair Market Value, the asset is the lowest price-per-square-foot Tucson model available, offering a competitive basis for renovation. Featuring a Fair Condition Rating, the 2,713 sq. ft. layout includes a sunken bar and morning room overlooking Panoramic Golf Course and Mountain Views. Proximity to the 8/10 rated James Earl Carter Elementary adds long-term stability. This is an optimal project for Value-Add Investors or Contractors looking to force appreciation through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 120 Old Ranch Subject | $699,500* List Price | 2 | 4 | 2,713 | $250 | - |
A 84 Lookout Drive Sold | $650,000 | 2 | 4 | 2,679 | $243 | 0.5 mi |
B 313 Sundance Circle Sold | $729,000 | 2 | 4 | 2,679 | $272 | 0.5 mi |
C 183 Ranch View Circle Sold | $525,000 | 2 | 4 | 2,286 | $230 | 0.2 mi |
D 223 Desert Falls Drive E Sold | $675,000 | 3 | 3 | 2,236 | $302 | 0.7 mi |
E 75 Laredo Lane Sold | $545,000 | 2 | 2 | 1,725 | $316 | 0.2 mi |
F 175 Bouquet Canyon Drive Sold | $510,000 | 2 | 2 | 1,661 | $307 | 0.2 mi |
G 194 Green Mountain Drive Active Under Contract | $679,000 List Price | 2 | 4 | 2,317 | $293 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983, this property is well-maintained but largely reflects its original era with dated features such as mirrored walls, a sunken bar, and fluorescent ceiling light panels. While the kitchen has been partially updated with granite countertops and some stainless steel appliances, the cabinetry and overall aesthetic remain outdated. The listing's emphasis on the property being a 'design opportunity' and having the lowest price per square foot further supports a 'fair' condition rating, indicating it is functional but primed for a modern renovation.
The property boasts expansive views of a double fairway, water features, and the Chocolate Mountains, providing a premium desert landscape experience.
Positioned as the lowest price-per-square-foot Tucson floorplan in the community, this home offers significant value for its 2,764 sq ft size.
Featuring a spacious living area with a sunken bar, a dedicated morning room, and ensuite bathrooms for all bedrooms, the floorplan is ideal for hosting guests.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =189747360, other record lot size in square feet = 2616. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The monthly association fee of $1,887 is substantial and represents a significant ongoing carrying cost for the homeowner.
Built in 1983 and marketed as an opportunity to 'design to your desires,' the property likely requires additional capital investment for modern renovations.
Welcome to The Lakes Country Club where this approximately 2,764 sq ft Tucson plan offers 2 Bedrooms plus a large Den, all with ensuite bathrooms and an additinal powder room. The large den is currently being utilized as a 3rd Bedroom. The large living area offers expansive views of the double fairway, water features and the Chocolate Mountains. Great for entertaining, the living space offers a sunken bar, game table and fireplace along with designated dining room. The kitchen with stainless appliances has a light and bright Morning Room perfect for coffee and creating spectacular dinner. In addition, this home is ideally located close to community exits, the Clubhouse, Fitness Center and Racquet sports facilities. If you have been waiting for an opportunity to secure a great location and design a home to your desires – this is a great opportunity. This Tucson floorplan is the lowest price per sq ft Tucson in the community. Call today to schedule your private viewing and start creating your Desert Retreat!
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 4.0 | 2.0 | 83% |
| Square foot | 2,713 | 1,585 | 96% |
| Lot Size | 189,747,360 | 2,614 | 99% |
| Price | $699.5K | $470.5K | 76% |
| Price per sq ft | $258 | $318 | 15% |
| Built year | 1983 | 1987 | 11% |
| HOA | $1887.0 | $845 | 90% |
| Days on market | 19 | 161 | 1% |
Apr 3, 2026
$699,500
Initial Listing
Apr 21, 2021
$446,500
Public Record