203 Desert Falls Drive E, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath
Loading property details...
Palm Desert, California 92211
This Turnkey Condominium is a Strong Value Opportunity, listed at $350,000—positioned well below the $346,200 Fair Market Value (Note: Market value is currently aligned with list price). Featuring a Condition Rating of 3, this unit offers Short-Term Rental Flexibility and Resort-Style Amenities within the Desert Falls Country Club. With proximity to James Earl Carter Elementary and Palm Desert High School, this property balances lifestyle appeal with investment utility. It is an ideal acquisition for Buy-and-Hold Investors or Seasonal Residents seeking a move-in ready desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 203 Desert Falls Drive E Subject | $350,000* List Price | 2 | 2 | 1,330 | $260 | - |
A 292 Desert Falls Drive E Sold | $342,000 | 2 | 2 | 1,330 | $257 | 0.3 mi |
B 480 Evergreen Ash Sold | $344,000 | 2 | 2 | 1,330 | $259 | 0.7 mi |
C 549 Desert Falls Drive E Sold | $345,000 | 2 | 2 | 1,330 | $259 | 0.5 mi |
D 177 Firestone Sold | $325,000 | 2 | 2 | 1,330 | $244 | 0.3 mi |
E 304 Desert Falls Drive Sold | $340,000 | 2 | 2 | 1,330 | $256 | 0.3 mi |
F 450 Desert Falls Drive N Sold | $412,000 | 2 | 2 | 1,330 | $310 | 0.6 mi |
G 285 Desert Falls Drive E Active Under Contract | $345,000 List Price | 2 | 2 | 1,330 | $259 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1988, the property is well-maintained and move-in ready. The kitchen has been updated with stone countertops and stainless steel appliances within the 5-15 year window, and the overall condition is turnkey, despite some dated interior finishes like carpeting.
The property is located in a community that permits short-term rentals, offering a significant advantage for investors looking to capitalize on the high demand for vacation rentals in Palm Desert.
Offered fully furnished and move-in ready, this single-story condo allows for an immediate transition for seasonal residents or instant listing for rental income without additional capital outlay.
Residents gain access to the extensive amenities of Desert Falls Country Club, including golf, tennis, a fitness center, and multiple pools, all within a secure, gated environment.
The monthly HOA fee of $871 is relatively high, which may impact the overall affordability for some buyers and reduce the net monthly cash flow for investors.
Built in 1988, the unit may require future updates to major systems or aesthetic modernizations to remain competitive with newer luxury developments in the Coachella Valley.
Single Story unit!!!!Welcome to 203 Desert Falls Drive E, a beautifully maintained turnkey furnished 2 bedroom, 2 bathroom condo located inside the highly desirable Desert Falls Country Club in Palm Desert. Priced at only $350,000, this home offers an incredible opportunity for a full-time residence, seasonal getaway, or investment property.This light and bright condo features an open floor plan, spacious living areas, and move-in ready furnishings, allowing the next owner to immediately enjoy the desert lifestyle or begin generating rental income. Desert Falls Country Club allows short-term rentals, making this an attractive opportunity for investors seeking STR potential in a prime Palm Desert location.Residents enjoy access to resort-style amenities including golf, tennis, fitness center, pools, spas, clubhouse, and beautifully maintained grounds, all within a centrally located gated community close to shopping, dining, entertainment, and world-class golf.Opportunities at this price point in Desert Falls are becoming increasingly difficult to find. Don't miss your chance to own a turnkey desert property with short-term rental flexibility in one of Palm Desert's most sought-after communities.
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades 9-12 • 2.1 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 | 1,330 | 1,576 | 30% |
| Lot Size | 1,916 | 2,613 | 36% |
| Price | $350.0K | $470.0K | 18% |
| Price per sq ft | $263 | $317 | 22% |
| Built year | 1988 | 1987 | 54% |
| HOA | $871.0 | $849 | 55% |
| Days on market | 17 | 162 | 1% |
May 27, 2026
$350,000
Initial Listing