137 Metate Place, Palm Desert, California 92260, Palm Desert, 92260 - 4 bed, 5 bath
137 Metate Place
Palm Desert, California 92260
Property Price
SUMMARY
Analysis of 137 Metate Place, Palm Desert, California 92260 reveals a Fairly Priced Property with a current list price of $4,125,000 aligned with the estimated $4,131,583 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 137 Metate Place Subject | $4,125,000* List Price | 4 | 5 | 3,983 | $1,037 | - |
A 160 Kiva Drive Sold | $4,100,000 | 4 | 5 | 4,211 | $974 | 0.2 mi |
B 142 Chalaka Place Sold | $3,950,000 | 4 | 5 | 4,295 | $920 | 0.1 mi |
C 137 Kiva Drive Drive Sold | $3,650,000 | 4 | 5 | 3,690 | $989 | 0.3 mi |
D 172 Wikil Place Sold | $4,250,000 | 4 | 5 | 3,611 | $1,177 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 1999, this property has clearly undergone an extensive and high-end renovation. The kitchen features modern flat-panel cabinetry, pristine white solid-surface countertops with a waterfall island, and integrated, high-end appliances, all appearing virtually new. The bathrooms are equally luxurious, showcasing floating vanities, contemporary gold and black fixtures, and expansive walk-in glass showers with high-quality tile work. The overall aesthetic is modern and immaculate, with no signs of wear or outdated features, indicating a renovation within the last 5 years that brings the property to current luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exclusive Community
Located within the highly prestigious Bighorn Golf Club, offering an elite lifestyle, security, and access to world-class amenities.
- Panoramic Views
Boasts desirable golf course, hill, and mountain views, providing a picturesque backdrop and enhancing the property's aesthetic appeal and value.
- Generous Living Space
A substantial 3983 sqft with 4 bedrooms and 5 bathrooms provides ample room for luxury living, privacy, and entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Recently Sold Property
The property was recently sold within the past year on 2025-06-04. The sold price is $2,850,000.00.
- Premium Price Point
The list price of $4.125 million places it in a very exclusive market segment, potentially limiting the pool of prospective buyers.
About 137 Metate Place
Exceptional opportunity in Palm Desert. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 12,632 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1812.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Rancho Mirage Elementary School
Grades K-5 • 4.1 mi
Gerald R. Ford Elementary School
Grades K-5 • 6.4 mi
Nellie N. Coffman Middle School
Grades 6-8 • 8.1 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 | 3,983 | 2,309 | 90% |
| Lot Size | 12,632 | 10,019 | 71% |
| Price | $4.12M | $870.5K | 96% |
| Price per sq ft | $1.0K | $390 | 96% |
| Built year | 1999 | 1983 | 77% |
| HOA | $1812.0 | $0 | 94% |
| Days on market | 47 | 161 | 4% |
Pricing History
Listed for Sale
Jan 20, 2026
$4,125,000
Initial Listing
Sold
Jun 4, 2025
$2,850,000
Public Record
Sold
Aug 16, 2005
$2,480,000
Public Record
Sold
Mar 23, 2000
$1,850,000
Public Record
Sold
Jul 20, 1999
$1,147,000
Public Record
Sold
Dec 21, 1994
$239,500
Public Record