35782 Mccarthy Street, Palm Desert, California 92211, Palm Desert, 92211 - 4 bed, 4 bath
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Palm Desert, California 92211
This University Park Single Family Residence is a High-Potential Investment Opportunity, listed at $709,900—positioned well above the $631,534 Fair Market Value by -12%. Built in 2022, the property maintains an Excellent Condition Rating and features a versatile 400 sq. ft. ADU with a kitchenette, perfect for rental income. With Mountain Views and modern designer upgrades, this home offers a turnkey lifestyle. It is an ideal acquisition for Buy-and-Hold Investors seeking rental demand or Owner-Occupants looking for mortgage-offsetting potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 35782 Mccarthy Street Subject | $709,900* List Price | 4 | 4 | 1,880 | $336 | - |
A 35887 Mccarthy Street Sold | $650,000 | 4 | 4 | 2,343 | $277 | 0.1 mi |
B 74260 Dexter Street Sold | $654,900 | 4 | 3 | 2,189 | $299 | 0.1 mi |
C 73578 Raphael Drive Sold | $571,118 | 3 | 2 | 1,750 | $326 | 0.3 mi |
D 35515 Bains Avenue Sold | $565,000 | 3 | 3 | 1,705 | $331 | 0.7 mi |
E 74231 Becker Street Sold | $624,460 | 5 | 5 | 2,328 | $268 | 0.1 mi |
F 74225 Storke Drive Sold | $649,927 | 5 | 5 | 2,328 | $279 | 0.1 mi |
G 35821 Cannon Drive Active | $849,900 List Price | 4 | 4 | 1,880 | $452 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 2022-built home is in mint condition, well within the <10-year age bracket for an excellent rating. The interior features modern designer upgrades in the kitchen and bathrooms, including quartz countertops and contemporary cabinetry. All major systems, including the dual HVAC units visible in the rear, are nearly new and require no maintenance.
The property includes a separate 400-square-foot ADU with its own entrance and kitchenette, providing a turnkey opportunity for rental income or multi-generational living.
Built in 2022, this home features contemporary designer upgrades and the energy efficiency of a newer build, ensuring low maintenance for the next owner.
The residence is positioned to capture beautiful mountain views and is designed with abundant natural light, significantly enhancing the interior ambiance.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With 1,880 square feet distributed across four bedrooms including the ADU, the primary living areas and individual room sizes may feel compact.
The 4,596-square-foot lot is relatively small for the area, offering limited backyard space for those desiring a private pool or extensive outdoor entertaining areas.
Perfect for the first-time investor or savvy landlord -- this turnkey 2022 home in University Park delivers immediate cash flow with a private-entry ADU averaging $1,600/month in proven rental income.The main residence features an open great room, gourmet kitchen with quartz counters and stainless appliances, plus fully owned solar for near-zero utility bills.Enjoy low-maintenance desert living with resort-style amenities at The Grove (pools, pickleball, fitness center). Strong location near upcoming DSRT Surf and valley growth. Ideal addition to your portfolio or effortless primary residence with income!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 78% |
| Baths | 4.0 | 3.0 | 82% |
| Square foot | 1,880 | 1,983 | 42% |
| Lot Size | 4,596 | 6,534 | 10% |
| Price | $709.9K | $580.0K | 72% |
| Price per sq ft | $378 | $308 | 88% |
| Built year | 2022 | 1999 | 87% |
| HOA | $250.0 | $398 | 30% |
| Days on market | 22 | 155 | 1% |
May 15, 2026
$709,900
Initial Listing
Aug 19, 2022
$614,500
Public Record