153 Merano Way, Palm Desert, California 92211, Palm Desert, 92211 - 4 bed, 3 bath
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Palm Desert, California 92211
This Mediterranean Pool Home represents a High-Potential Investment Opportunity, listed at $899,000—positioned above the $779,391 Fair Market Value. While the property carries a Fair Condition Rating due to original 2005 finishes, it offers significant value through Owned Solar and a Spacious Corner Lot with a private pool and spa. Located near Ronald Reagan Elementary, this home provides a solid foundation for those willing to modernize the interior. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 153 Merano Way Subject | $899,000* List Price | 4 | 3 | 2,869 | $272 | - |
A 109 Batista Court Sold | $875,000 | 4 | 3 | 2,867 | $305 | 0.1 mi |
B 77625 Westbrook Court Sold | $745,000 | 4 | 3 | 2,601 | $286 | 0.5 mi |
C 101 Azzuro Drive Sold | $730,000 | 4 | 4 | 2,688 | $272 | 0.2 mi |
D 117 Rosetta Court Sold | $640,000 | 4 | 4 | 2,219 | $288 | 0.3 mi |
E 40346 Barington Drive Sold | $749,000 | 4 | 3 | 2,660 | $282 | 0.5 mi |
F 117 Francesca Court Sold | $680,000 | 4 | 4 | 2,389 | $285 | 0.3 mi |
G 120 Tesori Drive Active | $899,000 List Price | 4 | 3 | 2,904 | $310 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the home is now 21 years old. While it is exceptionally well-maintained and features upgrades like owned solar and hardwood flooring in bedrooms, the kitchen and bathrooms retain original 2005 finishes (dated cabinetry and tile counters) which, per the criteria for properties over 20 years old, places it in the Fair category.
The property includes owned solar panels, offering significant long-term savings on utility costs in the high-demand desert climate.
Situated on a spacious corner lot, the backyard is a true oasis featuring a pool, spa, custom BBQ area, palapa, and firepit, perfect for entertaining.
With an exceptionally low HOA fee of $120 per month for a gated community, this home provides excellent value and lower monthly overhead for the area.
Built in 2005, the Mediterranean-inspired finishes and original floor plan elements may require cosmetic updates to appeal to buyers seeking a modern contemporary style.
While the elementary school is conveniently located nearby, the assigned middle school carries a moderate rating, which may be a factor for education-focused families.
Gated Mediterranean Pool Home on a Prime Corner Lot with Owned Solar.Set behind the gates of Brenna at Capri, this Mediterranean-inspired pool home offers space, privacy, and a floor plan that truly lives well. Built in 2005 and thoughtfully maintained, the home sits on a desirable corner lot with owned solar and generous indoor-outdoor flow.High ceilings and abundant natural light define the main living areas. The kitchen opens seamlessly to the great room and features stainless steel appliances, a center island, pantry, and direct connection to the heart of the home--perfect for both everyday living and entertaining. The living room is anchored by a fireplace and opens to the covered patio, creating an easy extension to the outdoor living spaces.A cozy den with wet bar sits just off the main living area, ideal for media, entertaining, or a flexible lounge space. The primary suite is spacious and private, offering a large walk-in closet and a well-appointed bath with dual vanities, soaking tub, and separate shower. Two guest bedrooms share a Jack-and-Jill bath, providing smart separation and functionality, while the fourth bedroom offers versatility for guests or home office.Outdoors, the backyard is designed for relaxed desert living featuring a large pool and spa, expansive decking, covered patio, custom BBQ area, palapa, and a separate firepit for evening gatherings.Brenna at Capri offers low HOA dues and a central Palm Desert location just minutes from shopping, dining, and everyday conveniences along Country Club Drive. A well-balanced home that delivers lifestyle, value, and long-term livability.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 78% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,869 | 1,991 | 89% |
| Lot Size | 10,019 | 6,534 | 86% |
| Price | $899.0K | $580.0K | 86% |
| Price per sq ft | $313 | $308 | 54% |
| Built year | 2005 | 1999 | 81% |
| HOA | $120.0 | $398 | 15% |
| Days on market | 8 | 155 | 0% |
May 29, 2026
$899,000
Initial Listing
Jul 20, 2010
$355,000
Public Record
May 13, 2005
$671,500
Public Record