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346 Crest Lake Drive, Palm Desert, California 92211, Palm Desert, 92211 - 4 bed, 5 bath

346 Crest Lake Drive, Palm Desert, California 92211 home-pic-0
ACTIVE UNDER CONTRACT$1,300,000$5,003/sqft
Est. Value: $1,181,746
-9%
AboveEstimate
346 Crest Lake Drive, Palm Desert, California 92211
4Beds
5Baths
5,003Sqft
14,810Lot

Price Vs. Estimate

The estimated value ($1,181,745.77) is $118,254.23 (9%) lower than the list price ($1,300,000). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable Community & Location: Located in Desert Falls Estates, recognized as one of the area's most sought-after communities, offering a prestigious address and established neighborhood.
Top Cons:
Need for Modern Updates: Built in 1991 and described as 'ready for your modern updates and personal touches,' indicating potential for significant renovation costs to align with contemporary luxury standards.

Compared to the nearby listings

Price:$1.30M vs avg $540.0K (+$760,000)96%
Size:5,003 sqft vs avg 1,888 sqft100%
Price/sqft:$260 vs avg $30521%

More Insights

Built in 1991 (35 years old).
Condition: This custom home, built in 1991, has been well-maintained by its original owners, indicating functional systems. However, the interior, particularly the kitchen and bathrooms, exhibits distinctly 1990s styling with light wood cabinetry, older appliances (black/paneled), gold-toned fixtures, glass block, and dated flooring/carpeting. The listing itself notes it's 'ready for your modern updates and personal touches,' confirming the need for significant aesthetic renovations to align with current standards, rather than just minor updates. It is not in disrepair, but the outdated features prevent it from being considered 'good' or 'excellent' by today's standards.
Year Built
1991
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$260
HOA
$263
Days on market
-
Sold On
-
MLS number
219141352DA
Home ConditionFair
Features
Excellent View: Park/Greenbelt, Golf Course, Mountain(s), Panoramic, Trees/Woods
Pool
Spa
Patio
ViewPark/Greenbelt,Golf Course,Mountain(s),Panoramic,Trees/Woods

About this home

Custom Luxury Home in Desert Falls EstatesOver 5,000 SF | 4 Bedrooms | 4.5 Baths | Dual 2-Car Garages | Golf Course Views | Priced to Sell!Welcome to Desert Falls Estates, one of the area's most sought-after communities. This custom 5,000+ SF home, cherished by its original owners since it was built in 1991, has been beautifully maintained and thoughtfully designed for entertaining and comfortable living. Now ready for your modern updates and personal touches, it's attractively priced to sell!Step through the grand entry into a home that flows seamlessly between formal and casual spaces, all showcasing breathtaking golf course, mountain, and pool/spa views. Enjoy true indoor-outdoor living with multiple access points to the covered patio.The formal living room features a marble fireplace, perfect for elegant gatherings, and opens to the patios, dining room, and family room. The family room boasts another fireplace and a wet bar, ideal for entertaining, while the formal dining room is perfect for holidays and special occasions.The spacious kitchen offers an island with sink, walk-in pantry, breakfast area, and direct access to patios and built-in BBQ--a chef's and entertainer's delight!The grand primary suite is truly a retreat, with its own fireplace, direct pool and spa patio access, and luxurious spa-style bath featuring a fireplace, shower, soaking tub, and cedar-lined sauna, plus two large walk-in closets.Three additional guest suites provide comfort and privacy, along with a convenient powder room for guests.For car enthusiasts or hobbyists, you'll love the two separate 2-car garages--four spaces total--offering ample room for vehicles, storage, or even a game room.Don't miss your chance to own this one-of-a-kind Desert Falls treasure--move fast, this opportunity won't last!

D
David Kibbey
Listing Agent

Nearby schools

8/10
James Earl Carter Elementary School
Public,•K-5•1.7mi
7/10
Palm Desert High School
Public,•9-12•2.2mi
Condition Rating
Fair
This custom home, built in 1991, has been well-maintained by its original owners, indicating functional systems. However, the interior, particularly the kitchen and bathrooms, exhibits distinctly 1990s styling with light wood cabinetry, older appliances (black/paneled), gold-toned fixtures, glass block, and dated flooring/carpeting. The listing itself notes it's 'ready for your modern updates and personal touches,' confirming the need for significant aesthetic renovations to align with current standards, rather than just minor updates. It is not in disrepair, but the outdated features prevent it from being considered 'good' or 'excellent' by today's standards.
Pros & Cons

Pros

Desirable Community & Location: Located in Desert Falls Estates, recognized as one of the area's most sought-after communities, offering a prestigious address and established neighborhood.
Exceptional Views: Boasts breathtaking golf course, mountain, and pool/spa views, including panoramic vistas, significantly enhancing the property's appeal and value.
Spacious Custom Luxury Design: A custom luxury home spanning over 5,000 sqft with 4 bedrooms and 4.5 baths, thoughtfully designed for entertaining and comfortable living with a seamless flow between spaces.
Luxurious Primary Suite & Entertainment Amenities: Features a grand primary suite with a spa-style bath (fireplace, soaking tub, sauna) and extensive entertainment options including multiple fireplaces, a wet bar, and a chef's kitchen with a built-in BBQ.
Extensive Garage Space & Indoor-Outdoor Living: Offers dual 2-car garages (total of 4 spaces) providing ample room for vehicles and hobbies, complemented by true indoor-outdoor living with multiple access points to a covered patio.

Cons

Need for Modern Updates: Built in 1991 and described as 'ready for your modern updates and personal touches,' indicating potential for significant renovation costs to align with contemporary luxury standards.
Ongoing Association Fees: The property is subject to a monthly association fee of $263.00, which adds to the recurring cost of homeownership.
Original Ownership & Potential for Dated Features: Having been cherished by original owners since 1991, while well-maintained, suggests that many aesthetic and functional elements may be original and require updating to meet current buyer expectations.
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