
Palm Desert, California 92260
This Spacious Single-Level Residence is a Strong Value Opportunity, listed at $628,000—positioned well below the $640,701 Fair Market Value by 2%. This valuation gap offers $12,701 in Instant Equity. Featuring a Condition Rating of 4, the home includes a Newer Leased Solar System with Tesla Batteries, a Private Pool and Spa, and Western Mountain Views. Located in the Desert Sands Unified district, this property is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a well-maintained, energy-efficient asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 245 Strada Nova Subject 3 bd · 3 ba · 2,076 sqft · $309 | $628,000* List Price | 3 | 3 | 2,076 | $309 | - |
A 40530 Glenwood Lane Sold 3 bd · 3 ba · 2,052 sqft · $317 · 0.5 mi | $650,000 | 3 | 3 | 2,052 | $317 | 0.5 mi |
B 40747 Baranda Court Sold 4 bd · 3 ba · 2,300 sqft · $341 · 0.7 mi | $785,000 | 4 | 3 | 2,300 | $341 | 0.7 mi |
C 40761 Hovley Court Sold 3 bd · 2 ba · 2,416 sqft · $290 · 0.6 mi | $700,000 | 3 | 2 | 2,416 | $290 | 0.6 mi |
D 40622 Cabana Court Sold 4 bd · 3 ba · 2,300 sqft · $278 · 0.7 mi | $640,000 | 4 | 3 | 2,300 | $278 | 0.7 mi |
E 40603 Via Fonda Sold 4 bd · 3 ba · 2,430 sqft · $329 · 0.7 mi | $800,000 | 4 | 3 | 2,430 | $329 | 0.7 mi |
F 245 Strada Fortuna Active 3 bd · 3 ba · 1,940 sqft · $351 · 0.1 mi | $680,000 List Price | 3 | 3 | 1,940 | $351 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, the property is over 20 years old. While it features a newer solar system with Tesla batteries and a kitchen with updated countertops and appliances, the bathrooms and overall aesthetic (white raised-panel cabinetry and square tile) appear original to the build date. It is well-maintained but dated, fitting the criteria for minor cosmetic updates.
The property features a newer leased solar system with two Tesla battery backups, providing significant energy savings and power security in the desert climate.
A south-facing backyard ensures year-round sun for the private pool and spa, complemented by mountain views and a built-in BBQ center.
Located in a gated community with remarkably low HOA dues of $111, this home offers a spacious 2,076 sq. ft. open-concept layout at a competitive price point.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The solar system is leased rather than owned, which requires the buyer to assume the lease agreement and monthly payments.
Built in 1998, some interior finishes and the overall architectural style may require further modernization to meet the expectations of contemporary luxury buyers.
CLEAN POOL HOME - OPEN CONCEPT - HIGH CEILINGS! Detached home located on a north-facing lot with a south-facing backyard offering sunshine around the pool year-round. PRIME central Palm Desert location behind the gates of Merano with HOA dues of just $111 per month! One of the largest floor plans in Merano, this 2,076 sq. ft. single-level home offers 3 bedrooms plus an open den, 3 baths, formal dining room, bright breakfast area, private pool and spa, covered patio and mountain views. High ceilings and abundant windows create a bright, open feel throughout the home, with tile flooring extending through the main living areas and bedrooms. The spacious living room features a fireplace and opens to the separate formal dining area. The large kitchen includes generous cabinetry, two pantries, a center island, updated dark stone-surface countertops and updated black stainless steel appliances, including a gas cooktop and separate electric oven. The bright adjoining breakfast area has glass slider access directly to the covered patio and pool. A separate laundry room with cabinetry, extensive built-in hallway storage and dual HVAC systems are additional special features of this home. The spacious primary suite features a sitting area, walk-in closet and glass slider to the backyard and pool, along with mountain views. The primary bath includes dual sinks, soaking tub, separate shower and private toilet room. Outdoors, enjoy a private backyard with a sparkling pool, raised spa featuring a stacked-stone spillway, generous decking, covered patio and beautiful western mountain views. A built-in BBQ center with counter space provides an additional area for outdoor cooking and entertaining. A newer leased solar system with two Tesla battery backups provides substantial energy production and storage, helping maintain low net electric charges. Merano is a boutique gated enclave of just 126 homes, prized for its central Palm Desert location. Across the street you'll find everyday conveniences including upscale groceries, coffee and dining, while a short drive connects you to Eisenhower Health, big-box shopping to the north and the wonderful El Paseo Shopping District, the desert's premier luxury shopping and dining destination, to the south. Palm Springs International Airport is just 10 miles away.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.9 |
| Square foot | 2,076 | 2,058.132 |
| Lot Size | 6,970 | 7,541.284 |
| Price | $628.0K | $629.6K |
| Price per sq ft | $303 | $309 |
| Built year | 1998 | 1997 |
| HOA | $111.0 | $398 |
| Days on market | 24 | 79 |
Oct 1, 2026
$628,000
Initial Listing
Aug 13, 1998
$210,000
Public Record