334 Crest Lake Drive, Palm Desert, California 92211, Palm Desert, 92211 - 4 bed, 6 bath

334 Crest Lake Drive, Palm Desert, California 92211 home-pic-0

334 Crest Lake Drive

Palm Desert, California 92211

ACTIVE
CONDITION: EXCELLENT
4Beds
6Baths
5,172Sq Ft
13,939Lot Size

Property Price

LIST PRICE$2,299,000
EST. MARKET VALUE
$2,299,000

SUMMARY

Estimated Market Value

$2,299,000
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
334 Crest Lake Drive
Subject
$2,299,000*
List Price
465,172$445-
A
340 Crest Lake Drive
Sold
$2,300,000464,755$4840.1 mi
B
352 Crest Lake Drive
Active
$1,699,000
List Price
454,711$3610.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 2001, this estate has undergone extensive recent renovations that meet the 'excellent' criteria. The property features a fully updated gourmet kitchen with new cabinetry and Wolf/Viking appliances, new travertine flooring, and modern upgrades including three new AC units, 52 owned solar panels, and new high-end windows. The integration of contemporary features like linear fireplaces, stacked sliding pocket doors, and a state-of-the-art outdoor kitchen indicates a home that has been maintained and modernized to current luxury standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Exclusive Lakeside Setting

    Positioned as one of only eleven homes on a tranquil lake with fountains and panoramic mountain views, this property offers a rare level of privacy and premium desert scenery.

  • High-End Modern Upgrades

    The estate features significant capital improvements including 52 seller-owned solar panels, new Wolf/Viking appliances, and three new high-efficiency AC units, blending luxury with energy efficiency.

  • Superior Indoor-Outdoor Living

    Designed for entertaining, the home boasts stacked sliding pocket doors that lead to a resort-style backyard equipped with a hybrid-heated pool, misting system, and a professional-grade outdoor kitchen.

CONSRISKS & DEFICIENCIES

  • Public Record Discrepancy

    Assessor records currently list the property as a 3-bedroom residence while it is marketed as 4, which may require administrative correction and could complicate initial buyer due diligence.

  • Market Momentum Challenges

    Returning to the market after a failed escrow due to buyer financing can occasionally create a perception of listing fatigue, despite the property previously appraising at full value.

About 334 Crest Lake Drive

BACK ON THE MARKET DUE TO BUYER'S FINANCING FALLING THROUGH. HOME APPRAISED AT FULL VALUE. SUBJECT TO CANCELLATION OF EXISTING ESCROW. Set within the private enclave of Desert Falls Estates, this exceptional residence is one of only eleven homes located on a tranquil lake with fountains and sweeping mountain views. A showcase of craftsmanship and thoughtful design, this custom-built 4,861 square foot estate--including an attached casita--offers an elevated desert living experience defined by luxury, comfort, and privacy. * Assessor records list the property a 3 bedroom, owners are having it corrected to show to show 4 bedrooms as originally built.The home's architectural elegance begins with a new wrought-iron gate leading to a serene courtyard. Once through the newly installed commercial grade glass front door, high ceilings, smooth-finish walls, and sophisticated lighting create an atmosphere of contemporary refinement. Every detail has been curated to the highest standard--from travertine flooring throughout and new kitchen cabinetry to custom shutters, electric shades, and designer chandeliers.The gourmet kitchen features all-new Wolf/Viking appliances, granite countertops, and a striking new backsplash. Entertain with ease in the full wet bar complete with wine fridges, ice maker, and beer tap, or gather in the dining room beside a newly added linear fireplace with a stacked stone feature wall. The seamless indoor-outdoor flow with stacked sliding pocket doors leads to a resort-style backyard with a hybrid-heated pool and spa, misting system, and a state-of-the-art outdoor kitchen with dual BBQs, wok burner, and shaded lounge area.Every upgrade was made with precision and care: 52 seller-owned solar panels, three new AC units plus a split system in the garage, new Midwest windows, and an AVIR sound system with five high-end TVs. The two-car garage plus golf cart garage features ductless air and new openers for added convenience.Located moments from premier golf, shopping, and dining, this home blends modern luxury with the serenity of a private lakeside retreat--offering an unparalleled opportunity to live beautifully in Desert Falls Country Club. Call to schedule your private viewing today!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2001
Lot Size
13,939 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
6 (6 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$355.0 / Month

Neighborhood Insights

Palm Desert Unified Schools

James Earl Carter Elementary School

Grades K-5 • 1.6 mi

8/10

Palm Desert High School

Grades 9-12 • 2.1 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
79%
Baths6.02.0
99%
Square foot5,1721,931
99%
Lot Size13,9396,534
96%
Price$2.30M$560.0K
98%
Price per sq ft$445$312
91%
Built year20012000
58%
HOA$355.0$394
39%
Days on market149164
44%

Pricing History

Listed for Sale

Nov 13, 2025

$2,299,000

$2,490,000

-8% Price Drop

Initial Listing

Price Change

Oct 10, 2025

$2,490,000

Initial Listing

Price Change

Oct 9, 2025

$2,249,000

Initial Listing

Browse Properties by State Browse housing market trends by state