293 Bouquet Canyon Drive, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath
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Palm Desert, California 92211
This Value-Add Golf Course Condominium is listed at $519,000, representing a strategic acquisition within The Lakes Country Club relative to its $379,360 Fair Market Value. Boasting a Condition Rating of 5, the residence remains in its original 1983 state, offering significant upside for forced appreciation and ROI through a comprehensive modern renovation. The property features premium Double Fairway and Mountain Views and a proven Rental Income History. Located near James Earl Carter Elementary, this asset is perfectly suited for Renovation-Focused Investors or Contractors seeking a high-potential desert acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 293 Bouquet Canyon Drive Subject | $519,000* List Price | 2 | 2 | 1,858 | $204 | - |
A 75 Laredo Lane Sold | $545,000 | 2 | 2 | 1,725 | $316 | 0.6 mi |
B 243 Bouquet Canyon Drive Sold | $400,000 | 2 | 2 | 1,368 | $292 | 0.1 mi |
C 220 Green Mountain Drive N Sold | $449,000 | 2 | 2 | 1,746 | $257 | 0.4 mi |
D 57 Ponderosa Circle Sold | $415,000 | 2 | 2 | 1,368 | $303 | 0.2 mi |
E 626 Vista Lago Circle Sold | $410,000 | 3 | 3 | 1,814 | $226 | 0.8 mi |
F 223 Bouquet Canyon Drive Sold | $435,000 | 2 | 2 | 1,368 | $318 | 0.1 mi |
G 324 Sundance Circle Active | $479,900 List Price | 2 | 3 | 1,819 | $264 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1983 (41 years old) with kitchen and bathrooms in original condition. While the home is functional and clean, it exceeds the 30-year threshold without renovation, requiring a full rehab of dated finishes and aging systems to meet modern standards.
The property features a highly desirable southern exposure with expansive double fairway and mountain views, significantly enhancing its aesthetic appeal and market value.
Located in The Lakes Country Club, residents benefit from a robust lifestyle package including 27 holes of golf, a premier health and wellness center, and extensive racquet sports facilities.
The unit is offered fully furnished with a proven history of rental income, providing an immediate opportunity for investors or those seeking a ready-to-use seasonal home.
The kitchen and bathrooms remain in original 1983 condition, necessitating a significant additional budget for modern upgrades and renovations.
The association fee of $1,877 per month is relatively high, which may impact the property's affordability for some buyers and reduce net rental yields.
This popular El Paso floorplan offers 1858 square feet with 2 bedrooms (or 3 if you make the den a bedroom), 2 baths. The view is lofty with a southern setting, double fairways and exceptional mountain views. Fully furnished with a terrific history of rental income. The atrium has been converted into a dining room, but can certainly be created into a creative flex space (atrium conversions usually cost $45,000-$50,000). Kitchen and baths are original condition, and it's priced to budget in upgrades. The Lakes offers 27 holes of golf, an abundance of social activities, an amazing health and wellness center, huge pickleball, tennis and pop tennis. A resort lifestyle without the price!
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,858 | 1,598 | 71% |
| Lot Size | 1,777 | 2,613 | 35% |
| Price | $519.0K | $475.0K | 58% |
| Price per sq ft | $279 | $319 | 30% |
| Built year | 1983 | 1987 | 12% |
| HOA | $1877.0 | $849 | 87% |
| Days on market | 43 | 157 | 1% |
Apr 25, 2026
$519,000
Initial Listing
Feb 22, 2000
$260,000
Public Record