352 Crest Lake Drive, Palm Desert, California 92211, Palm Desert, 92211 - 4 bed, 5 bath
352 Crest Lake Drive
Palm Desert, California 92211
Property Price
SUMMARY
Analysis of 352 Crest Lake Drive, Palm Desert, California 92211 reveals a Prime Investment Opportunity with a current list price of $1,699,000—significantly undercutting the $1,756,071 Fair Market Value by 3%. This valuation gap indicates a +$57,071 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Palm Desert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 352 Crest Lake Drive Subject | $1,699,000* List Price | 4 | 5 | 4,711 | $373 | - |
A 38111 Tandika Trail N Sold | $1,500,000 | 4 | 5 | 5,707 | $263 | 0.7 mi |
B 346 Crest Lake Drive Pending | $1,300,000 List Price | 4 | 5 | 5,003 | $260 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2004, this custom estate is in well-maintained, move-in-ready condition. While the Tuscan architectural style and finishes—including the heavy wood cabinetry, granite countertops, and travertine flooring—are stylistically dated by modern standards, the quality of materials and craftsmanship remains high. The property features significant upgrades like owned solar panels and appears to have no deferred maintenance, with the kitchen and bathrooms remaining fully functional and luxurious despite their age.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value & Energy Efficiency
Priced competitively at $360 per square foot and featuring owned solar panels, this estate offers significant long-term financial value and reduced utility costs for a home of this scale.
- Elite Privacy & Exclusivity
Located behind a second set of gates within a boutique enclave of only 23 residences, the property provides a rare level of seclusion and security within the Desert Falls community.
- Versatile Guest Accommodations
The separate attached casita features its own private entrance and fireplace, making it an ideal solution for multi-generational living, a high-end home office, or premium guest hosting.
CONSRISKS & DEFICIENCIES
- Dated Aesthetic Trends
The 2004 Tuscan-style finishes, including specific granite choices and heavy cabinetry, may feel dated to modern buyers looking for contemporary or 'Desert Modern' aesthetics.
- Substantial Upkeep Requirements
A custom estate of this size with multiple fireplaces, a pool, spa, and large lot requires significant ongoing maintenance and higher-than-average operational costs.
- Niche Market Appeal
The highly specific Tuscan architectural theme and the very small, quiet enclave may limit the property's appeal to a narrower segment of buyers compared to larger, more social developments.
About 352 Crest Lake Drive
INCREDIBLE VALUE PRICED AT $360 PRICE PER SQUARE FOOT PLUS OWNED SOLAR!Discover timeless luxury in this custom-built Tuscan estate, located within The Estates at Desert Falls Country Club--an ultra-private enclave of just 23 distinguished residences. Spanning over 4,700 square feet, this refined home sits on a rare and uniquely positioned lot offering exceptional privacy, tranquil golf course vistas, and unobstructed mountain scenery. Tucked behind a secluded second set of gates, this residence offers true retreat-style living.Step inside to an impressive open-concept layout with 12-14 ft. soaring ceilings, flooding the Great Room and kitchen/family area with natural light. The gourmet kitchen features an oversized granite slab island, rich custom cabinetry, and a warm secondary fireplace--perfect for gatherings. Expansive glass sliders open to a serene backyard oasis with a sparkling pool, raised spa, and sweeping panoramic views.The luxurious Primary Suite is a sanctuary of comfort, complete with a private sitting area, a third fireplace, and an elegant spa-style bathroom featuring a soaking tub, separate vanities, and dual walk-in closets. A separate attached casita with its own private entrance--and its own fireplace--offers ideal accommodations for guests, multigenerational living, or a private office.Additional features include a gated front courtyard, a third en-suite guest bedroom, and meticulous craftsmanship throughout the home.Residents of The Estates at Desert Falls enjoy an unmatched lifestyle with access to a state-of-the-art fitness center, tennis and pickleball courts, and a championship resort golf course.Welcome home to Desert Falls Estates--where luxury, privacy, and lifestyle converge.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 13,939 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $335.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
James Earl Carter Elementary School
Grades K-5 • 1.7 mi
Palm Desert High School
Grades 9-12 • 2.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 79% |
| Baths | 5.0 | 2.0 | 94% |
| Square foot | 4,711 | 1,931 | 99% |
| Lot Size | 13,939 | 6,534 | 96% |
| Price | $1.70M | $560.0K | 96% |
| Price per sq ft | $361 | $312 | 77% |
| Built year | 2004 | 2000 | 78% |
| HOA | $335.0 | $394 | 38% |
| Days on market | 19 | 164 | 1% |
Pricing History
Listed for Sale
Feb 16, 2026
$1,699,000
Initial Listing
Sold
Apr 6, 2018
$905,000
Public Record
Sold
May 31, 2005
$1,675,000
Public Record
Sold
Nov 26, 2003
$1,295,000
Public Record