
Palm Desert, California 92211
This property presents a High-Potential Investment Opportunity with a List Price of $789,000—positioned well above the $719,256 Fair Market Value by 9%. While the property requires a full renovation due to its Condition Rating of 5, the 2,764 sqft floor plan and prime southern exposure offer significant upside. Featuring panoramic golf course and mountain views, this asset is ideal for Fix-and-Flip Investors or Contractors looking to modernize a classic desert residence in a prestigious country club setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 229 Green Mountain Drive Subject | $789,000* List Price | 3 | 4 | 2,764 | $260 | - |
A 120 Old Ranch Sold | $700,000 | 2 | 4 | 2,713 | $258 | 0.3 mi |
B 313 Sundance Circle Sold | $729,000 | 2 | 4 | 2,679 | $272 | 0.2 mi |
C 84 Lookout Drive Sold | $650,000 | 2 | 4 | 2,679 | $243 | 0.3 mi |
D 229 Green Mountain Drive Active | $789,000 List Price | 3 | 4 | 2,764 | $285 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1984 (40 years old) and explicitly described as retaining its original finishes, this property fits the 'poor' criteria due to its age and the need for a full renovation. The kitchen and bathrooms feature dated 80s-style cabinetry and tile, and the listing highlights the opportunity to 'reimagine the space,' signaling a requirement for significant rehab.
The property features a highly desirable south-facing orientation on an interior lot, offering sun-drenched living spaces and panoramic views of the golf course, water, and mountains.
With over 2,700 square feet of living space and a flexible floor plan, this home presents a premier opportunity to modernize and create substantial equity in a prestigious country club.
The generous floor plan includes three full bedrooms with private baths and a classic sunken bar, making it perfectly configured for high-end desert entertaining and guest privacy.
The home retains its original finishes and vintage decor from the mid-80s, requiring a significant capital investment for updates to meet contemporary luxury standards.
The association fee of $1,877 per month represents a substantial recurring expense that may impact the overall affordability and appeal for budget-conscious buyers.
It's all about location. Sunny South facing exposure and situated on a desirable interior lot within The Lakes Country Club, this property offers a prime setting and a floor plan ready for the next chapter. While the home retains its original finishes, it presents an outstanding opportunity to renovate and create significant upside. Step into a home full of personality featuring a classic sunken bar that anchors the living space and brings back the golden era of desert entertaining. With generous square footage and a flexible layout, this property offers endless potential -- whether you embrace its vintage charm or reimagine the space with a modern touch. Offering over 2700 SF with 3 Bedrooms and 3.5 baths. A sunny morning room off of the kitchen opens up to an enlarged patio with sunny southern views of mountains and golf course. Custom white wood shutters adorn the living room and kitchen. Tile runs through the common areas with carpets in the bedrooms. Classic desert design is abundant in all of the cohesive furnishings that will transfer with the purchase. A rare opportunity to secure a prime location and create something truly special.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,764 | 1,548 |
| Lot Size | 2,748 | 2,178 |
| Price | $789.0K | $473.9K |
| Price per sq ft | $285 | $321 |
| Built year | 1984 | 1983 |
| HOA | $1877.0 | $800 |
| Days on market | 11 | 69 |
Jul 11, 2026
$789,000
Initial Listing
Jun 14, 2002
$457,500
Public Record