3020 Calle Loreto, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This Spacious Golf Course Residence is a Strong Value Opportunity, listed at $482,000—positioned well below the $513,043 Fair Market Value by 6%. This valuation gap provides $31,043 in Instant Equity for the incoming buyer. Maintaining a Condition Rating of 3, the home features vaulted beamed ceilings, a modernized primary suite, and panoramic mountain and golf course views from two expansive patios. Located in the prestigious Cathedral Canyon Country Club, it offers a premium lifestyle with upside potential through minor cosmetic updates. This is an ideal acquisition for seasonal residents or Owner-Occupants seeking a high-value desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3020 Calle Loreto Subject | $459,000* List Price | 2 | 2 | 1,828 | $264 | - |
A 7601 Calle Mazamitla Sold | $421,000 | 2 | 2 | 1,769 | $238 | 0.2 mi |
B 7571 Calle Mazamitla Sold | $450,000 | 3 | 2 | 1,841 | $244 | 0.1 mi |
C 7651 Paseo Azulejo Sold | $475,000 | 2 | 2 | 1,897 | $250 | 0.2 mi |
D 7562 Regency Drive Sold | $447,000 | 3 | 2 | 1,828 | $245 | 0.2 mi |
E 3060 Kirkwood Drive Sold | $550,900 | 3 | 2 | 2,027 | $272 | 0.1 mi |
F 7523 Regency Drive Sold | $413,000 | 2 | 2 | 1,486 | $278 | 0.2 mi |
G 3040 Calle Loreto Active Under Contract | $450,000 List Price | 3 | 2 | 1,769 | $254 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1984, the property is well-maintained and reflects pride of ownership. While the kitchen and some flooring appear dated, the primary bath has been updated and the home is move-in ready. It fits the criteria for a functional, well-kept home with mid-range updates.
The property boasts a premium setting on a wide par 5 fairway with stunning mountain views and direct golf course frontage, maximizing its appeal for outdoor living.
Featuring 1,828 square feet of living space, the home offers vaulted beamed ceilings, a flexible den/office, and multiple private outdoor areas that create a bright and airy atmosphere.
The primary suite has been thoughtfully improved with an expanded walk-in closet and a modernized bathroom, reflecting a high level of pride of ownership and immediate move-in readiness.
The property is located on leased land rather than fee simple, which can complicate financing options and may impact long-term appreciation for some investors.
Built in 1984, the property may require additional cosmetic updates to the kitchen or secondary systems to align with the modern luxury standards expected in South Palm Springs.
Fabulous setting! Strong value! A standout opportunity along a wide par 5 fairway at the West Gate of Cathedral Canyon Country Club in desirable South Palm Springs. Mountain views and golf course frontage set the tone, while two large patios take full advantage of the setting for outdoor living and entertaining. Inside, vaulted and beamed ceilings, fireplace, and wet bar elevate the light filled main living areas. The spacious kitchen with breakfast area opens to a private courtyard and offers generous workspace for everyday living. The primary suite features an expanded walk in closet and an updated bath. Guest suite offers comfort and separation, while the den or office opens to the courtyard for added flexibility. Skylights in both baths enhance the bright feel. Direct access to a two car garage. Pride of ownership is a theme with thoughtful updates throughout. Community pool and spa enjoy a beautiful setting and are nearby. Excellent South Palm Springs location close to the best of dining, shopping, and golf. Reasonable HOA fees plus land lease in place, contributing to overall value.
No exterior & parking available.
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 | 1,828 | 1,391 | 75% |
| Lot Size | 2,614 | 871 | 83% |
| Price | $459.0K | $488.5K | 45% |
| Price per sq ft | $251 | $358 | 11% |
| Built year | 1984 | 1977 | 79% |
| HOA | $520.0 | $620 | 25% |
| Days on market | 45 | 151 | 2% |
May 19, 2026
$459,000
$482,000
-5% Price Drop
Initial Listing
Apr 23, 2026
$482,000
Initial Listing