16 San Felipe Drive, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath
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16 San Felipe Drive
Palm Desert, California 92260
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,070Sq Ft
3,920Lot Size
Property Price
LIST PRICE$375,000
EST. MARKET VALUE
$374,466
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $375,000—positioned slightly above the $374,466 Fair Market Value. While priced at market, the home offers exceptional stability and a Condition Rating of 3, featuring a modernized Granite Kitchen and Unobstructed Mountain Views. Located in the guard-gated Silver Sands Racquet Club, residents enjoy resort-style amenities and proximity to top-rated schools like James Earl Carter Elementary. This property is an ideal sanctuary for Owner-Occupants or Retirees seeking a maintenance-free, move-in ready lifestyle in Palm Desert.
Estimated Market Value
$374,466
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16 San Felipe Drive Subject | $375,000* List Price | 2 | 2 | 1,070 | $350 | - |
A 6 La Jolla Drive Sold | $390,000 | 2 | 2 | 1,215 | $321 | 0.2 mi |
B 11 Marbella Lane Sold | $299,000 | 2 | 2 | 1,080 | $277 | 0.1 mi |
C 12 Bonita Lane Sold | $440,000 | 2 | 2 | 1,070 | $411 | 0.1 mi |
D 67 Verde Way Sold | $375,000 | 2 | 2 | 1,212 | $309 | 0.2 mi |
E 6 La Jolla Dr Sold | $390,000 | 2 | 2 | 1,215 | $321 | 0.2 mi |
F 148 Verde Way Sold | $420,000 | 2 | 2 | 1,070 | $393 | 0.1 mi |
G 45 Verde Way Sold | $370,000 | 2 | 2 | 1,080 | $343 | 0.2 mi |
H 148 Verde Way Sold | $420,000 | 2 | 2 | 1,070 | $393 | 0.1 mi |
I 152 Verde Way Active Under Contract | $359,000 List Price | 2 | 2 | 1,070 | $336 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1986 but features significant modern updates including a kitchen with granite countertops and stainless appliances, updated bathrooms with shaker cabinetry, and overall well-maintained interior finishes that make it move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities & Maintenance
The guard-gated community offers an exceptional lifestyle with 15 pools, tennis, and pickleball courts, while the comprehensive HOA covers exterior maintenance, roof, and utilities for a true lock-and-leave experience.
- Modernized Interior & Views
This home features a beautifully updated kitchen with granite countertops and soaring ceilings, paired with a private rear patio that provides unobstructed mountain views.
- Prime Location & Privacy
Ideally positioned near the back gate for easy access to El Paseo's luxury shopping and dining, the residence is also uniquely situated just steps from a quiet pool shared by only eight homes.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
At $879 per month, the association dues are significant and may impact the debt-to-income ratio for some buyers or reduce the property's appeal to budget-conscious investors.
- Compact Living Space
With 1,070 square feet of living area, the interior footprint is relatively modest, which may feel restrictive for buyers looking for a more spacious primary residence or larger entertaining areas.
About 16 San Felipe Drive
Desert Living at Its Best - Silver Sands Racquet Club!Discover the perfect blend of comfort, style, and resort living in this beautifully updated 2BD/2BA home in the highly desirable Silver Sands Racquet Club--one of Palm Desert's best-kept secrets. Ideally positioned just steps from a quiet pool shared by only eight homes, this residence offers a rare mix of privacy, convenience, and low-maintenance luxury. Enjoy a prime location near the back gate for easy community access and close proximity to El Paseo's shopping, dining, golf, and hiking.Inside, you'll love the bright, open floor plan, featuring soaring ceilings, a cozy fireplace, and abundant natural light. The modernized kitchen includes granite countertops, stainless appliances, ample cabinetry, and a breakfast bar that flows seamlessly into the dining and living areas--perfect for entertaining or relaxing. The primary suite offers an en-suite bath, dual vanities, and direct patio access, while the guest bedroom is ideal for visitors or a home office.Enjoy two private outdoor spaces--a welcoming courtyard and a rear patio with a Permawood cover and unobstructed mountain views. Additional highlights include a 2-car attached garage and recent updates throughout.Silver Sands offers 15 pools and spas, 7 tennis courts, 4 pickleball courts, a fitness center, and a clubhouse, all within a guard-gated community. HOA covers roof, exterior, cable, internet, security, trash, and amenities--providing a truly maintenance-free lifestyle in the heart of Palm Desert.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $879.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
James Earl Carter Elementary School
Grades K-5 • 0.4 mi
8/10
Palm Desert High School
Grades 9-12 • 1.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,070 | 1,519.896 |
| Lot Size | 3,920 | 2,713.504 |
| Price | $375.0K | $465.1K |
| Price per sq ft | $350 | $313 |
| Built year | 1986 | 1984 |
| HOA | $879.0 | $815 |
| Days on market | 33 | 81 |
Pricing History
Listed for Sale
Aug 7, 2026
$375,000
Initial Listing
Sold
Oct 30, 1996
$75,000
Public Record