
Palm Desert, California 92211
This Value-Add Desert Estate is listed at $659,000, representing a stable entry point into this premium subdivision relative to its $617,575 Fair Market Value. Holding a Condition Score of 4, the Asset requires a comprehensive renovation to modernize its 1984 finishes, offering a clear path for forced appreciation. The expansive 2,272 SF footprint features Prime Golf Course Views and a converted atrium office. Situated near the 8/10 rated James Earl Carter Elementary and Palm Desert High, this Acquisition is ideal for Fix-and-Flip Investors or Owner-Occupants seeking a high-equity customization project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 272 Running Springs Drive Subject | $625,000* List Price | 3 | 4 | 2,272 | $265 | - |
A 84 Lookout Drive Sold | $650,000 | 2 | 4 | 2,679 | $243 | 0.3 mi |
B 183 Ranch View Circle Sold | $525,000 | 2 | 4 | 2,286 | $230 | 0.3 mi |
C 313 Sundance Circle Sold | $729,000 | 2 | 4 | 2,679 | $272 | 0.1 mi |
D 52 Ponderosa Circle Sold | $710,000 | 2 | 4 | 2,184 | $325 | 0.4 mi |
E 223 Desert Falls Drive E Sold | $675,000 | 3 | 3 | 2,236 | $302 | 0.9 mi |
F 229 Green Mountain Drive Active | $789,000 List Price | 3 | 4 | 2,764 | $285 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, the property is described as retaining many of its original finishes and 'vintage charm,' indicating that the kitchen, bathrooms, and major fixtures are likely 40 years old. While the home appears well-maintained and livable, the listing explicitly highlights the need for renovation to realize significant upside, confirming that the interior style, appliances, and flooring are dated and show signs of age.
The property features a large patio with breathtaking views of the golf course, providing a premium backdrop for outdoor entertaining and a high-demand setting within the community.
With over 2,200 square feet and a converted atrium that adds office space, the floor plan offers generous proportions and versatility for modern living needs.
Priced to encourage renovation, this home presents a rare opportunity to modernize a large footprint in a prime location, offering substantial equity upside for the next owner.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The home retains many of its original 1984 finishes, requiring a comprehensive aesthetic and functional overhaul to meet contemporary luxury standards.
The monthly association fee of $1,877 is significant, which may impact the overall budget for buyers sensitive to high recurring ownership expenses.
A home full of memories, laughter and love! These sellers were full time residents that had decades of an active lifestyle here in The Lakes Country Club. They have priced it to encourage a buyer to create the perfect home. This property offers a prime setting and a floor plan ready for the next chapter. While the home retains some of its original finishes, it presents an outstanding opportunity to renovate and create significant upside. The atrium has been converted giving the den/3rd bedroom additional space for an office. Extra closet has been added also!!! A large patio with breathtaking golf course views, this home offers an abundance of entertaining options. 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 2200 SF with 3 Bedrooms (of 2 bedrooms and a den) and 3.5 baths. Tile runs through the common areas with carpets in the bedrooms. . A rare opportunity to secure a prime location and create something truly special.
No exterior & parking available.
Grades K-5 • 1.5 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 | 2,272 | 1,585 | 88% |
| Lot Size | 1,948 | 2,613.5 | 36% |
| Price | $625.0K | $470.5K | 71% |
| Price per sq ft | $275 | $318 | 27% |
| Built year | 1984 | 1987 | 31% |
| HOA | $1877.0 | $845 | 87% |
| Days on market | 57 | 162 | 7% |
Apr 19, 2026
$625,000
$659,000
-5% Price Drop
Initial Listing
Feb 25, 2026
$659,000
Initial Listing
Nov 5, 2004
$485,000
Public Record
May 30, 2001
$345,000
Public Record
Sep 6, 1994
$285,000
Public Record