159 Camino Arroyo S, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
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Palm Desert, California 92260
This resort-style Condominium is a High-Potential Investment Opportunity, listed at $438,000—positioned well below the $449,900 Fair Market Value by 2%. This valuation gap offers $11,900 in Instant Equity for incoming buyers. The property holds a Condition Rating of 4, featuring south-facing mountain views and a stacker stone fireplace, with clear potential for value-add cosmetic updates. Located in the guard-gated Chaparral Country Club, it provides elite access to golf and tennis. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 159 Camino Arroyo S Subject | $438,000* List Price | 3 | 2 | 1,920 | $234 | - |
A 142 Camino Arroyo S Sold | $485,000 | 3 | 3 | 2,051 | $236 | 0.1 mi |
B 96 Presidio Place Sold | $489,000 | 3 | 3 | 2,051 | $238 | 0.2 mi |
C 211 Las Lomas Sold | $489,000 | 3 | 2 | 1,670 | $293 | 0.9 mi |
D 314 S Sierra Madre S Sold | $425,000 | 2 | 2 | 1,656 | $257 | 0.6 mi |
E 428 Sierra Madre S Sold | $530,000 | 3 | 2 | 1,800 | $294 | 0.5 mi |
F 83 Conejo Circle Active | $499,000 List Price | 3 | 2 | 1,731 | $288 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready, but it reflects its 1980 construction date with mostly cosmetic updates rather than a full renovation. While the living area features an updated stacker stone fireplace and the water heater is new (2025), the kitchen and bathrooms remain dated with older white appliances, basic cabinetry, and vintage fixtures. It meets the 'fair' criteria as an aged home kept in good condition through regular maintenance but lacking the modern high-end finishes required for a higher rating.
Located within the Chaparral Country Club, the property offers an elite lifestyle with access to an 18-hole executive golf course, 12 pickleball courts, tennis, a fitness center, and 24-hour guard-gated security.
The condo boasts highly sought-after south-facing views of the San Jacinto Mountains, paired with a private patio and a versatile enclosed atrium that enhances the indoor-outdoor desert living experience.
Situated in the heart of Palm Desert, the home is minutes away from world-class shopping on El Paseo, the Indian Wells Tennis Garden, and major entertainment hubs like the Acrisure Arena.
The monthly association fee of $805 is relatively high, which may be a concern for budget-conscious buyers or investors looking to maximize monthly cash flow.
Built in 1980, the property may require additional cosmetic or mechanical modernization to meet the expectations of buyers seeking a contemporary luxury aesthetic in the competitive Palm Desert market.
Enjoy desert living at its finest in this comfortable 3BD/2BA condo featuring a beautiful stacker stone fireplace and stunning south-facing views of the San Jacinto Mountains. Relax on your private patio surrounded by lush, garden-like landscaping, or enjoy the enclosed atrium with skylight -- perfect as a home office, exercise room, or bonus entertainment space.Located in a gated community with 24-hour security and roving patrol, this 625-home planned development offers resort-style living in the heart of Palm Desert. The beautifully maintained grounds surround an 18-hole executive golf course known locally as the ''Little Monster,'' along with a full-service restaurant and lounge, fitness center, two tennis courts, and 12 pickleball courts.Ideally located just minutes from the world-class shopping and dining of El Paseo and near the Indian Wells Tennis Garden, McCallum Theatre, Casinos, Acrisure Arena, the Polo Grounds (home to Coachella Valley Music and Arts Festival and Stagecoach Festival), and PGA West.Partially furnished, with a transferable American Home Shield warranty in place through 12/1/2026 and a new water heater installed in April 2025.Perfect as a full-time residence, seasonal retreat, or investment opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,920 | 1,550 | 75% |
| Lot Size | 0.07 | 2,408 | 20% |
| Price | $438.0K | $502.5K | 32% |
| Price per sq ft | $228 | $335 | 1% |
| Built year | 1980 | 1979 | 57% |
| HOA | $805.0 | $761 | 69% |
| Days on market | 50 | 162 | 4% |
Mar 25, 2026
$438,000
$449,900
-3% Price Drop
Initial Listing
Mar 3, 2026
$449,900
Initial Listing