229 Green Mountain Drive, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 4 bath
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Palm Desert, California 92211
This Prime Value-Add Estate is listed at $789,000, representing a strategic acquisition price relative to its $736,069 Fair Market Value. Holding a Fair Condition Rating, the 2,764-square-foot property offers significant renovation upside to modernize its original 1984 finishes and classic sunken bar. The asset is distinguished by South-Facing Mountain Views and a premier interior lot within The Lakes Country Club. Situated near the 8/10 rated James Earl Carter Elementary and 7/10 rated Palm Desert High, this is a high-potential project for Value-Add Investors or Contractors seeking to capture equity through a comprehensive desert remodel.
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 | $266 | - |
A 313 Sundance Circle Sold | $729,000 | 2 | 4 | 2,679 | $272 | 0.2 mi |
B 29 Rawhide Circle Sold | $975,000 | 3 | 4 | 2,764 | $353 | 0.5 mi |
C 84 Lookout Drive Sold | $650,000 | 2 | 4 | 2,679 | $243 | 0.3 mi |
D 409 Bouquet Canyon Drive Sold | $1,000,000 | 4 | 5 | 3,203 | $312 | 0.7 mi |
E 223 Desert Falls Drive E Sold | $675,000 | 3 | 3 | 2,236 | $302 | 0.8 mi |
F 406 Red River Road Sold | $960,000 | 4 | 4 | 3,202 | $300 | 0.6 mi |
G 272 Running Springs Drive Active | $659,000 List Price | 3 | 4 | 2,272 | $290 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this property is a well-preserved example of original desert design but requires modernization. The kitchen features dated oak cabinetry, mirrored backsplashes, and older black appliances. While the home is clean and functional with intact tile flooring and shutters, the overall aesthetic—including the sunken bar and original bathroom styles—is over 40 years old without significant recent renovations, placing it squarely in the 'Fair' category.
The property features a highly desirable south-facing orientation on an interior lot, providing optimal natural light and warmth throughout the living spaces and patio.
Residents can enjoy expansive, picturesque views of the golf course, water features, and mountains from the enlarged rear patio and morning room.
With over 2,700 square feet and original finishes, this home presents a rare opportunity for investors or end-users to modernize and create substantial equity.
The home retains its original 1984 finishes and aesthetic, necessitating a comprehensive remodel to meet the expectations of modern luxury buyers.
The monthly association fee of $1,877 is significant and may be a deterrent for budget-conscious buyers or those looking for lower-overhead investments.
Updating a property of this size with vintage features like sunken bars and older tile work can lead to higher-than-average renovation expenses and structural considerations.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 63% |
| Baths | 4.0 | 2.0 | 83% |
| Square foot | 2,764 | 1,585 | 96% |
| Lot Size | 2,748 | 2,614 | 59% |
| Price | $789.0K | $470.5K | 85% |
| Price per sq ft | $285 | $318 | 33% |
| Built year | 1984 | 1987 | 31% |
| HOA | $1877.0 | $845 | 87% |
| Days on market | 67 | 162 | 10% |
Feb 15, 2026
$789,000
Initial Listing
Jun 14, 2002
$457,500
Public Record