260 Calle Del Verano, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
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Palm Desert, California 92260
This 3-bedroom, 2-bath condominium represents a High-Potential Investment Opportunity, listed at $585,000—positioned above the $550,631 Fair Market Value by 6%. Despite the premium, the property offers rare short-term rental zoning in Palm Desert, paired with a Mint Condition Rating featuring a remodeled kitchen and modern finishes. Residents enjoy resort-style amenities, including 36+ pools and a 27-hole golf course. With proximity to top-rated schools like James Earl Carter Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey desert lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 260 Calle Del Verano Subject | $550,000* List Price | 3 | 2 | 1,584 | $347 | - |
A 19 Maximo Way Sold | $595,000 | 3 | 2 | 1,759 | $338 | 0.5 mi |
B 262 Castellana S Sold | $650,000 | 2 | 2 | 1,656 | $393 | 0.1 mi |
C 4 Maximo Way Sold | $485,000 | 3 | 2 | 1,759 | $276 | 0.4 mi |
D 115 Conejo Circle Sold | $500,000 | 3 | 2 | 1,731 | $289 | 0.3 mi |
E 13 Camino Arroyo S Sold | $522,500 | 3 | 2 | 1,821 | $287 | 0.5 mi |
F 255 Calle Del Verano Active | $679,900 List Price | 3 | 2 | 1,584 | $429 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1980, the property features a high-end, recently remodeled kitchen (likely <5 years) with modern flat-panel cabinetry, stone countertops, and stainless steel appliances. The main living areas have been updated with contemporary tile flooring and a modern stone fireplace, presenting the home in mint, move-in ready condition.
Located in one of the few Palm Desert communities that permits short-term rentals, this property offers a rare and lucrative opportunity for high-yield investment income.
The north-facing corner patio provides an exceptional vantage point for golf course and mountain views, offering a private and scenic space for entertaining.
Residents benefit from a robust HOA package including access to 36+ heated pools, a 27-hole golf course, and premier tennis, pickleball, and fitness facilities.
The monthly association fee of $800 is substantial, which may impact the overall affordability for some buyers or reduce net cash flow for investors.
Built in 1980, the home may require ongoing maintenance or updates to aging infrastructure and systems common in older condominium developments.
HUGE Price Reduction. One of the few communities in Palm Desert that allows short-term rentals, this property presents an exceptional opportunity as both a primary residence and a high-potential investment.Experience desert living at its finest in this beautifully appointed 3-bedroom, 2-bath home, perfectly positioned to capture stunning golf course and mountain views. A large corner, north-facing patio offers the ideal setting to relax, take in breathtaking sunsets, and entertain guests in style.Inside, the remodeled kitchen is both functional and unique, featuring an adjustable kitchen island that can be customized to suit your cooking and entertaining needs. The spacious living room impresses with soaring vaulted ceilings and a striking stone fireplace, creating a warm and inviting atmosphere.Residents enjoy access to an exceptional array of HOA amenities, including over 36 heated pools and hot tubs, tennis, bocce, and pickleball courts, as well as a fully equipped fitness center. Golf enthusiasts will appreciate the 27-hole course, complete with a beautiful clubhouse, driving range, and putting green.Ideally located near Palm Desert's renowned El Paseo Drive, this home offers convenient access to upscale shopping, fine dining, art galleries, seasonal art fairs, and the McCallum Theatre--placing the very best of the desert lifestyle right at your doorstep.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 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 | 61% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,584 | 1,550 | 53% |
| Lot Size | 1,296 | 2,613 | 29% |
| Price | $550.0K | $500.0K | 57% |
| Price per sq ft | $347 | $335 | 56% |
| Built year | 1980 | 1979 | 55% |
| HOA | $800.0 | $764 | 57% |
| Days on market | 33 | 161 | 2% |
Jun 4, 2026
$550,000
$585,000
-6% Price Drop
Initial Listing
May 12, 2026
$585,000
Initial Listing
Aug 5, 2021
$495,000
Public Record
Jun 3, 2014
$252,500
Public Record
Dec 4, 2013
$197,000
Public Record