128 Desert Falls Drive E, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath
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Palm Desert, California 92211
This High-Potential Investment Opportunity is listed at a List Price of $420,000, positioned above the $358,063 Fair Market Value. While the property carries a premium, it offers a proven track record as a short-term rental asset. Featuring a Condition Rating of 4, the unit provides a solid foundation with a renovated primary bath and desirable Golf Course and Pool Views. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating property in a prime Palm Desert location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 128 Desert Falls Drive E Subject | $420,000* List Price | 2 | 2 | 1,330 | $269 | - |
A 177 Firestone Sold | $325,000 | 2 | 2 | 1,330 | $244 | 0.6 mi |
B 57 Ponderosa Circle Sold | $415,000 | 2 | 2 | 1,368 | $303 | 0.3 mi |
C 786 Montana Vista Drive Sold | $340,000 | 2 | 2 | 1,360 | $250 | 0.6 mi |
D 292 Desert Falls Drive E Sold | $342,000 | 2 | 2 | 1,330 | $257 | 0.5 mi |
E 135 Blue River Drive Sold | $413,000 | 2 | 2 | 1,368 | $302 | 0.6 mi |
F 243 Bouquet Canyon Drive Sold | $400,000 | 2 | 2 | 1,368 | $292 | 0.2 mi |
G 248 Vista Royale Circle E Pending | $338,000 List Price | 2 | 2 | 1,330 | $254 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (36 years old), the property is well-maintained but significantly dated. The kitchen retains original 1980s-style cabinetry with wood trim and older white appliances. While the primary bathroom received a shower update, the overall interior—including mirrored closet doors and fluorescent kitchen lighting—is over 20 years old and requires cosmetic modernization.
As a single-level end unit with no neighbors above and cathedral ceilings, this property offers superior privacy and an airy, spacious feel that is highly sought after in the Desert Falls community.
The east-facing orientation provides stunning views of the Avondale golf course and pool, complemented by an expanded Saltillo tile patio that is ideal for entertaining and enjoying the desert climate.
The property boasts a strong Airbnb rental history and has been well-maintained, making it a turnkey opportunity for investors looking for a reliable income-generating asset.
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 = 2021.
The association fee of $750 per month is a significant recurring expense that may impact the overall affordability and net ROI for potential buyers.
Built in 1988, the property may require additional modern updates beyond the renovated primary bathroom to fully align with contemporary luxury standards and buyer expectations.
Ideally situated with east facing views of the Avondale golf course, this is a highly desirable single level unit with no one above. It is an end unit with cathedral ceilings and is the most popular floor plan in the desert falls community. The condo feels very open with an expanded back patio featuring Saltillo tile. It is perfect for entertaining and the views of the pool and golf course are fantastic. The large primary suite easily accommodates a king size bed and wall length cabinetry. The primary bathroom has been renovated by replacing the shower/tub with an easy access shower. There are two community pools are nearby, a large pool with golf course and mountain views, and a more private pool is steps away. Homeownership includes tennis/pickleball courts and a fitness center within walking distance or a quick golf cart ride. Desert falls country club is semi private and allows you to pay as you play. This unit has been a very solid air bnb rental, with a strong rental history. Property is well maintained and in good condition.
No exterior & parking available.
Grades K-5 • 1.8 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 | 1,330 | 1,576 | 30% |
| Lot Size | 2,614 | 2,613 | 51% |
| Price | $420.0K | $470.0K | 39% |
| Price per sq ft | $316 | $317 | 48% |
| Built year | 1988 | 1987 | 54% |
| HOA | $750.0 | $849 | 19% |
| Days on market | 17 | 162 | 1% |
May 28, 2026
$420,000
Initial Listing
Dec 14, 2022
$435,000
Public Record
Mar 31, 2000
$150,000
Public Record