187 Winterhaven, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath
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187 Winterhaven
Palm Desert, California 92260
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,650Sq Ft
2,747Lot Size
Property Price
LIST PRICE$400,000
EST. MARKET VALUE
$378,471
5% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $400,000—positioned well below the $378,472 Fair Market Value by -5%. Featuring a 1,650 sq. ft. floor plan with a flexible third room and Mountain(s) views, the unit requires a full interior rehab given its Condition Rating of 5. This short sale requires lender approval, making it a strategic acquisition for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation to unlock the property's full value.
Estimated Market Value
$378,471
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 |
|---|---|---|---|---|---|---|
★ 187 Winterhaven Subject | $400,000* List Price | 2 | 2 | 1,650 | $229 | - |
A 79 Camino Arroyo N Sold | $405,000 | 2 | 2 | 1,533 | $264 | 0.4 mi |
B 329 S Sierra Madre S Sold | $350,000 | 2 | 2 | 1,584 | $221 | 0.4 mi |
C 110 Conejo Circle Sold | $410,000 | 3 | 3 | 2,056 | $199 | 0.8 mi |
D 11 Marbella Lane Sold | $299,000 | 2 | 2 | 1,080 | $277 | 0.2 mi |
E 67 Verde Way Sold | $375,000 | 2 | 2 | 1,212 | $309 | 0.3 mi |
F 244 Serena Drive Sold | $369,000 | 2 | 2 | 1,422 | $259 | 0.9 mi |
G 47 Conejo Circle Sold | $430,000 | 3 | 3 | 2,056 | $209 | 0.7 mi |
H 414 S Sierra Madre Active Under Contract | $500,000 List Price | 2 | 2 | 1,656 | $302 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1984 (40 years old) with no evidence of recent renovations. The kitchen is in poor condition, missing appliances, and features original tile and cabinetry with visible wear. The listing explicitly calls for a buyer's 'vision' and is a short sale, indicating the property requires a full interior rehab to be move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The generous 1,650 sq. ft. layout includes a flexible third room that can serve as a home office, den, or guest room, offering more utility than a standard two-bedroom condo.
- Prime Location & Views
Situated in a desirable gated 55+ community in Palm Desert, the property features scenic mountain views and close proximity to premier shopping, dining, and golf.
- Equity Growth Potential
As a short sale opportunity, this property is positioned for buyers looking to build equity by modernizing a spacious unit in a high-demand desert location.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2747, other record lot size in square feet = 2613.
- Short Sale Complexity
The sale is subject to lender approval, which typically involves a more complex process and longer closing timelines than a traditional real estate transaction.
- Renovation Required
The property is marketed as needing a buyer's 'vision,' suggesting that the 1984-built interior likely requires significant cosmetic or functional updates.
About 187 Winterhaven
SHORT SALE OPPORTUNITY IN PALM DESERT! Spacious 2-bedroom, 2-bath condominium offering approximately 1,650 sq. ft. in a desirable gated 55+ senior community. The generous floor plan includes a separate third room that can be used as a home office, den, or guest room, providing added flexibility to accommodate your lifestyle needs. Enjoy the private patio, perfect for morning coffee, outdoor dining, or relaxing in the beautiful desert weather. Ideally located near shopping, dining, golf, and recreation, this home offers an excellent opportunity for a buyer looking to create their own desert retreat. Sale is subject to lender approval. Bring your vision and take advantage of this exceptional Palm Desert opportunity!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 2,747 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $599.0 / 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 • 1.6 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 | 1,650 | 1,519.896 |
| Lot Size | 2,747 | 2,713.504 |
| Price | $400.0K | $465.1K |
| Price per sq ft | $242 | $313 |
| Built year | 1984 | 1984 |
| HOA | $599.0 | $815 |
| Days on market | 13 | 81 |
Pricing History
Listed for Sale
Aug 27, 2026
$400,000
Initial Listing
Sold
Jan 15, 1999
$125,000
Public Record