
Palm Desert, California 92260
This Nearly New Luxury Residence is a Prime Investment Opportunity, listed at $595,000—positioned well below the $609,244 Fair Market Value by 2%. This valuation gap provides $14,244 in Instant Equity for buyers. Boasting an Excellent Condition Rating, this 2023-built home features a gourmet chef's kitchen, mountain views, and a climate-controlled garage. Located in the prestigious Villa Portofino 55+ community near James Earl Carter Elementary, it offers a turnkey resort lifestyle. This is an ideal acquisition for Active Adult Homeowners or Owner-Occupants seeking modern efficiency.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3402 Via Leonardo Subject | $595,000* List Price | 2 | 4 | 1,864 | $327 | - |
A 40550 Ventana Court Sold | $590,000 | 3 | 3 | 2,093 | $282 | 0.3 mi |
B 263 Strada Nova Sold | $512,000 | 3 | 2 | 1,700 | $301 | 0.4 mi |
C 81 Camino Arroyo Place Sold | $700,000 | 3 | 3 | 2,147 | $326 | 0.9 mi |
D 269 Strada Nova Sold | $538,000 | 3 | 2 | 1,500 | $359 | 0.4 mi |
E 3449 Via Leonardo Active | $695,000 List Price | 3 | 3 | 2,249 | $309 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2023, making it nearly new and well within the 5-year window for an excellent rating. The interior features a contemporary gourmet kitchen with a large island, quartz countertops, and stainless steel appliances. High-quality finishes are evident throughout, including elegant tile plank flooring, modern recessed lighting, and updated bathrooms with glass-enclosed showers. The home includes energy-efficient dual-pane windows and a solar system, showing no signs of physical depreciation or deferred maintenance.
As a nearly new 2023 build, this residence offers contemporary finishes, energy-efficient dual-pane windows, and a rare climate-controlled garage equipped with its own mini-split A/C system.
Located in the prestigious Villa Portofino, the property provides a high-end resort lifestyle including a heated pool with cabanas, an on-site bistro, a fitness center, and comprehensive HOA coverage for cable and internet.
The 1,864 sq. ft. floor plan features a gourmet chef's kitchen and a flexible 'flex room' that easily serves as a home office, den, or a third bedroom, maximizing the home's functional utility.
The combination of a $816.96 monthly HOA fee and a $139 solar lease creates a significant recurring monthly financial obligation for the owner.
Being situated in a 55+ community limits the potential buyer pool to a specific age demographic, which can impact long-term resale velocity compared to non-restricted neighborhoods.
Step into refined desert living with this stunning, nearly new residence in the prestigious 55+ community of Villa Portofino. Ideally situated on a desirable corner lot, this 2023-built home blends modern luxury with the ease of resort-style living. Inside, an expansive open-concept great room welcomes you with soaring ceilings and a seamless flow between the gourmet kitchen, dining area, and living space perfect for both everyday comfort and entertaining. The chef-inspired kitchen features a large central island and opens effortlessly to the dining & living area, where sliding doors lead to a beautifully landscaped backyard patio, creating an ideal indoor-outdoor lifestyle. The thoughtfully designed floor plan includes a private guest room and a versatile flex room, perfect as a home office, den, or optional third bedroom. Elegant tile plank flooring runs throughout, complemented by a dedicated laundry room and a spacious garage equipped with its own mini-split A/C system. Designed with efficiency in mind, the home includes dual-pane windows and a leased solar system (approximately $139/month), helping to maintain low energy costs without sacrificing comfort. Residents of Villa Portofino enjoy exceptional amenities, including a resort-style heated pool with cabanas & breathtaking views, a fully equipped fitness center with classes, the on-site Bistro Restaurant, and a vibrant calendar of clubs and social activities. The HOA conveniently covers cable, internet, landscaping, and more. Located in the heart of Palm Desert, this home offers close proximity to Eisenhower Medical Center, premier golf courses, shopping, dining, hiking trails, and everything the desert lifestyle has to offer. Experience the feeling of being on vacation every day - welcome home.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 14% |
| Baths | 4.0 | 3.0 | 64% |
| Square foot | 1,864 | 2,279 | 30% |
| Lot Size | - | 10,018.5 | 1% |
| Price | $595.0K | $908.0K | 20% |
| Price per sq ft | $319 | $408 | 15% |
| Built year | 2023 | 1980 | 99% |
| HOA | $816.96 | $0 | 83% |
| Days on market | 26 | 180 | 1% |
Mar 27, 2026
$595,000
Initial Listing