254 La Paz Way, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath
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254 La Paz Way
Palm Desert, California 92260
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,457Sq Ft
2,614Lot Size
Property Price
LIST PRICE$399,000
EST. MARKET VALUE
$412,130
3% BelowMARKET VALUE
SUMMARY
This Resort-Style Condominium represents a Strong Value Opportunity, listed at $399,000—positioned well below the $430,912 Fair Market Value by 7%. This valuation gap offers $31,912 in Instant Equity for the buyer. Featuring an enclosed atrium bonus room and panoramic golf course views, the property maintains a Condition Rating of 3, offering a move-in ready interior with modern updates. Located near top-rated schools like James Earl Carter Elementary, this is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a stable, amenity-rich desert retreat.
Estimated Market Value
$412,130+$13,130 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 254 La Paz Way Subject | $399,000* List Price | 2 | 2 | 1,457 | $283 | - |
A 130 Don Miguel Circle Sold | $379,900 | 2 | 2 | 1,347 | $282 | 0.4 mi |
B 302 Villena Way Sold | $460,000 | 2 | 2 | 1,347 | $341 | 0.2 mi |
C 118 Las Lomas Sold | $480,000 | 2 | 2 | 1,584 | $303 | 0.2 mi |
D 357 San Remo Street Sold | $450,000 | 2 | 2 | 1,347 | $334 | 0.5 mi |
E 260 Calle Del Verano Sold | $495,000 | 2 | 2 | 1,584 | $313 | 0.9 mi |
F 16 Presidio Place Sold | $355,000 | 3 | 2 | 1,821 | $195 | 0.8 mi |
G 318 Paseo Primavera Sold | $375,000 | 2 | 2 | 1,303 | $288 | 0.3 mi |
H 329 S Sierra Madre S Sold | $350,000 | 2 | 2 | 1,584 | $221 | 0.4 mi |
I 304 Villena Active | $448,000 List Price | 2 | 2 | 1,457 | $307 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1979, the property has undergone significant mid-life renovations. The kitchen features updated stone countertops and white cabinetry, and the bathrooms have been modernized with newer vanities and glass shower enclosures. The home is well-maintained, functional, and move-in ready, consistent with a 5-15 year renovation age.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Golf Course Location
The property boasts exceptional panoramic views of the fairway and mountains, ideally situated just a short walk from the clubhouse and community pool.
- Enhanced Living Space
A thoughtfully enclosed atrium provides a versatile bonus room, perfect for a home office or den, adding functional square footage to the traditional floor plan.
- Comprehensive Resort Amenities
Residents enjoy access to premier community features including 27 holes of championship golf, tennis and pickleball courts, and a state-of-the-art fitness center.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2614, other record lot size in square feet = 1397.
- High Association Fees
The monthly HOA fee of $800 is relatively high, which may impact the overall affordability and appeal for budget-conscious buyers.
- Dated Interior Potential
Having been 'lovingly enjoyed' for many years, the home likely requires cosmetic updates and modernization to align with contemporary design trends.
About 254 La Paz Way
Welcome to Monterey Country Club! This beautifully maintained 2-bedroom, 2-bath condominium offers approximately 1,347 square feet of comfortable living space with breathtaking golf course views framed by majestic palm trees. Ideally located just a short stroll from the clubhouse, this home is perfectly situated to enjoy everything this premier Palm Desert community has to offer. An elegant entry welcomes you into the spacious living and dining area featuring soaring vaulted ceilings and walls of glass that showcase the spectacular fairway views--an ideal setting to enjoy your morning coffee or unwind at the end of the day. The original atrium has been thoughtfully enclosed, creating a versatile bonus room that can serve as a home office, den, media room, or cozy retreat. Monterey Country Club is renowned for its exceptional lifestyle amenities, including 27 holes of championship golf, a full-service tennis and pickleball facility, a state-of-the-art fitness center, numerous swimming pools and spas, and beautifully manicured grounds. One of the community pools is just steps from your front door. Conveniently located in the heart of Palm Desert, you'll be just minutes from world-class shopping and dining on El Paseo, the McCallum Theatre, movie theaters, entertainment, and everything the Coachella Valley has to offer. This special home has been lovingly enjoyed by its owners for many years and is now ready for its next chapter. Come experience the beauty, comfort, and resort-style living that make Monterey Country Club one of the desert's most desirable communities.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 2,614 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $800.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
James Earl Carter Elementary School
Grades K-5 • 0.8 mi
8/10
Abraham Lincoln Elementary School
Grades K-5 • 1.4 mi
6/10
Palm Desert High School
Grades 9-12 • 2.0 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 | 1,457 | 1,519.896 |
| Lot Size | 2,614 | 2,713.504 |
| Price | $399.0K | $465.1K |
| Price per sq ft | $274 | $313 |
| Built year | 1979 | 1984 |
| HOA | $800.0 | $815 |
| Days on market | 35 | 81 |
Pricing History
Listed for Sale
Aug 5, 2026
$399,000
Initial Listing
Sold
Apr 14, 2011
$180,000
Public Record
Sold
Jul 7, 2004
$292,000
Public Record
Sold
Apr 13, 2001
$200,000
Public Record