
Palm Desert, California 92260
This Modern Luxury Villa represents a Prime Investment Opportunity, listed at $699,000—positioned well below the $727,693 Fair Market Value by 3%. This valuation gap provides $28,693 in Instant Equity. Built in 2023, the home features a Condition Rating of 2, Owned Solar, and a rare 4-Vehicle Parking capacity. Residents enjoy a 30,000-sqft Clubhouse and proximity to Top-Rated Schools like James Earl Carter Elementary. This turnkey residence is ideal for Active Adult Homeowners or Value-Seeking Investors looking for a premium desert asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3455 Via Leonardo Subject | $699,000* List Price | 3 | 3 | 2,249 | $324 | - |
A 4511 Via Veneto Sold | $788,000 | 3 | 3 | 2,249 | $350 | 0.1 mi |
B 4150 Via Cararra Sold | $750,000 | 4 | 3 | 2,344 | $320 | 0.0 mi |
C 6324 Via Stasera Sold | $629,500 | 3 | 2 | 1,961 | $321 | 0.3 mi |
D 211 Camino Arroyo N Sold | $675,000 | 3 | 3 | 2,051 | $329 | 0.7 mi |
E 87 Camino Arroyo N Sold | $680,000 | 3 | 2 | 1,950 | $349 | 0.7 mi |
F 3136 Via Giorna Sold | $645,000 | 3 | 3 | 2,278 | $283 | 0.4 mi |
G 3461 Via Leonardo Pending | $699,000 List Price | 2 | 3 | 2,341 | $299 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is virtually new and meets all modern construction standards. It features high-end Samsung appliances, quartz countertops, and contemporary fixtures throughout. The home has been lightly used as a second residence, showing no deferred maintenance or physical depreciation, and includes energy-efficient upgrades like owned solar.
Built in 2023 and lightly used as a second home, this property features owned solar panels and contemporary upgrades including quartz countertops and Samsung appliances, offering a nearly-new, energy-efficient living experience.
The residence offers a rare four-vehicle parking capacity via a two-car garage and side-by-side driveway, paired with the community's most desirable floor plan that includes a private attached casita for guests.
Residents benefit from a massive 30,000-square-foot clubhouse featuring a movie theater, bistro, and fitness center, all situated in a central Palm Desert location near El Paseo and world-class golf.
The monthly association fee of $878.35 is relatively high, which may be a deterrent for budget-conscious buyers looking to minimize recurring overhead.
As a dedicated 55+ active adult community, the property is restricted to a specific age demographic, which limits the potential pool of future buyers and occupants.
Welcome to Villa Portofino, a premier 55+ community ideally located in the heart of Palm Desert. Built in 2023, this beautifully maintained home is the community's most desirable floor plan. Featuring three bedrooms, three bathrooms, and a private attached casita, the residence also includes owned solar and south-facing views that fill the home with natural light.Lightly lived in as a second home, the property shows like new. Upgrades include a Samsung appliance package, enhanced primary shower, and quartz countertops throughout. One of the home's standout features is parking for up to four vehicles, thanks to a two-car garage and a rare side-by-side driveway, available in only select homes within the community. The desert-friendly front landscaping was just completed, adding fresh curb appeal. Home can be sold turnkey furnished outside of escrow. Villa Portofino is known for having one of the most central and convenient locations in the Coachella Valley. Within minutes you'll find yourself at El Paseo, Eisenhower Health, the McCallum Theatre, Whole Foods Market, Bristol Farms, and The River at Rancho Mirage, along with world-class dining and renowned golf courses.Residents of Villa Portofino enjoy resort-style amenities centered around a 30,000-square-foot clubhouse featuring a movie theater, bistro, bar, fitness center, lap pool, card room, meeting rooms, library, yoga studio, and concierge services--all complemented by some of the most spectacular mountain and desert views in the valley.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 63% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 2,249 | 1,550 | 91% |
| Lot Size | - | 2,408 | 17% |
| Price | $699.0K | $517.0K | 77% |
| Price per sq ft | $311 | $335 | 36% |
| Built year | 2023 | 1979 | 99% |
| HOA | $878.35 | $761 | 79% |
| Days on market | 45 | 163 | 1% |
Mar 9, 2026
$699,000
Initial Listing