
Palm Desert, California 92260
This Resort-Style Condominium is a Strong Value Opportunity, listed at $375,000—positioned well below the $408,825 Fair Market Value by 8%. This valuation gap provides $33,825 in Instant Equity for the incoming buyer. Boasting a Move-In Ready Condition Rating, the interior features modern luxury vinyl flooring, updated stainless appliances, and panoramic lake and mountain views. Located just 0.26 miles from the top-rated James Earl Carter Elementary (Rating 8), the property offers a premium lifestyle with three community pools and tennis courts. This is an ideal acquisition for Owner-Occupants or Seasonal Residents seeking a turnkey desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 153 Willow Lake Drive Subject | $375,000* List Price | 2 | 2 | 1,200 | $341 | - |
A 103 Verde Way Sold | $350,000 | 2 | 2 | 1,212 | $289 | 0.3 mi |
B 148 Verde Way Sold | $420,000 | 2 | 2 | 1,070 | $393 | 0.2 mi |
C 148 Verde Way Sold | $420,000 | 2 | 2 | 1,070 | $393 | 0.2 mi |
D 318 Paseo Primavera Sold | $375,000 | 2 | 2 | 1,303 | $288 | 0.7 mi |
E 259 San Remo Street Sold | $455,000 | 2 | 2 | 1,347 | $338 | 0.5 mi |
F 45 Verde Way Sold | $370,000 | 2 | 2 | 1,080 | $343 | 0.5 mi |
G 16 San Felipe Drive Active | $375,000 List Price | 2 | 2 | 1,070 | $350 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent cosmetic updates, including modern wood-look luxury vinyl flooring and updated stainless steel appliances (KitchenAid and GE). While the kitchen and bathroom cabinetry and countertops reflect the original 1988 construction style, they appear well-maintained with no visible deferred maintenance. The interior is clean with updated light fixtures and ceiling fans, making it a well-preserved example of its era with key functional upgrades.
The Park Palms community offers an impressive suite of amenities, including three pools, spas, tennis courts, and lush landscaping with cascading waterfalls, providing a true vacation-like atmosphere.
The property features diverse and stunning views of the lake, mountains, and greenbelts, which significantly enhances the aesthetic appeal and tranquility of the residence.
Ideally situated near premier shopping and dining, the condo is also conveniently located just 0.26 miles from the highly-rated James Earl Carter Elementary School.
The monthly association fee of $775 is relatively high for this price point, which may impact the overall affordability and monthly carrying costs for potential buyers.
Built in 1988, the unit and community infrastructure may require more frequent maintenance or modernization to compete with newer residential developments in the Palm Desert area.
Welcome to your own slice of resort-style living! This beautifully 2-bedrooms, 2-baths condo offers the perfect blend of comfort, convenience, and relaxation.Surrounded by lush, landscaped grounds, the community feels like a private retreat. Enjoy access to exceptional amenities, including three sparkling pools and spas. stunning cascading waterfalls that create a tranquil, vacation-like atmosphere year-round. Stay active with on-site tennis courts or simply unwind in the serene outdoor spaces.Inside, the condo features a spacious and functional layout ideal for both everyday living and entertaining. The two generously sized bedrooms and bathrooms provide comfort and privacy, making it perfect for homeowners or guests alike.Ideally located near premier shopping, dining, and entertainment, you'll have everything you need just minutes away while still enjoying the peace and quiet of a resort-inspired community.Whether you're looking for a full-time residence, a weekend getaway, or an investment opportunity, this condo offers an unbeatable lifestyle in a prime location.Call me today to schedule your private tour
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 9-12 • 1.5 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 | 1,200 | 1,550 | 18% |
| Lot Size | 1,307 | 2,408 | 31% |
| Price | $375.0K | $500.0K | 17% |
| Price per sq ft | $312 | $332 | 37% |
| Built year | 1988 | 1979 | 90% |
| HOA | $775.0 | $760 | 62% |
| Days on market | 23 | 166 | 1% |
Mar 30, 2026
$375,000
Initial Listing
Mar 30, 2022
$405,000
Public Record