35848 Cannon Drive, Palm Desert, California 92211, Palm Desert, 92211 - 4 bed, 4 bath
35848 Cannon Drive
Palm Desert, California 92211
Property Price
SUMMARY
Analysis of 35848 Cannon Drive, Palm Desert, California 92211 reveals a Fairly Priced Property with a current list price of $899,000 aligned with the estimated $892,035 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 35848 Cannon Drive Subject | $899,000* List Price | 4 | 4 | 2,694 | $331 | - |
A 35779 Lasuen Street Sold | $925,000 | 4 | 4 | 2,925 | $316 | 0.1 mi |
B 74260 Dexter Street Sold | $654,900 | 4 | 3 | 2,189 | $299 | 0.1 mi |
C 35803 Lasuen Street Sold | $835,000 | 4 | 4 | 2,735 | $305 | 0.0 mi |
D 74255 Becker Street Sold | $645,219 | 5 | 5 | 2,328 | $277 | 0.1 mi |
E 36144 Cameron Place Sold | $810,500 | 4 | 3 | 2,484 | $326 | 0.3 mi |
F 36145 Cameron Place Sold | $854,100 | 5 | 3 | 2,805 | $304 | 0.3 mi |
G 36133 Cameron Place Active | $807,500 List Price | 4 | 3 | 2,484 | $325 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2021, this property is in like-new condition and meets all modern quality standards. It features a contemporary open-concept layout, a chef's kitchen with upgraded countertops and stainless steel double ovens, energy-efficient systems including solar, and a high-end resort-style backyard with a saltwater pool.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction & Design
Built in 2021, this newer-construction home features contemporary open-concept living, soaring ceilings, and energy-efficient systems that surpass older inventory in the area.
- Versatile Floor Plan
The layout includes a rare main-level guest suite ideal for multigenerational living or a home office, plus a generous upstairs loft serving as a secondary media space.
- Private Resort Backyard
The property boasts a high-end saltwater pool with a tanning shelf, spa, and expansive covered patio, all framed by desirable mountain views.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2694, other record living area = 2453. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Solar Lease Assumption
The solar system is leased rather than owned, requiring the buyer to qualify for and assume the lease agreement as part of the purchase.
- Compact Lot Size
With a lot size of approximately 5,197 sqft, the outdoor space is largely dedicated to the pool and patio, leaving minimal traditional yard or garden space.
About 35848 Cannon Drive
Opportunities like this are rare in Palm Desert--a newer-construction home that combines contemporary design, thoughtful upgrades, and a true sense of community. Located in the highly desirable University Park, this residence was expanded during construction and reflects today's demand for open layouts, energy efficiency, and seamless indoor-outdoor living.From the moment you enter, soaring ceilings, abundant natural light, and mountain views set the tone for a home that feels fresh, current, and move-in ready. The intelligently designed floor plan offers four bedrooms and 3.5 baths,. A guest suite on the main level creates the perfect setup for guests, office, or ideal for multigenerational living.The heart of the home is the open-concept living and entertaining space--exactly what buyers seek in newer construction. The chef's kitchen is both stylish and functional with double ovens, a five-burner cooktop, upgraded countertops, designer backsplash, a large pantry, plus office niche all flowing effortlessly into the dining and living areas.True to modern desert design, the home opens to a resort-style backyard featuring a large salt water pool with tanning shelf, spa, and expansive covered patio--perfectly suited for today's indoor-outdoor lifestyleThe primary suite delivers a contemporary retreat with a spacious walk-in closet and spa-inspired bath showcasing dual vanities, a soaking tub, and an oversized walk-in shower. Also Upstairs, two guest rooms and a generous loft currently serves as a media room, offering versatile space rarely found in older Palm Desert homes.Additional highlights include a leased solar system (only $100/mo), reducing your energy costs!Living in University Park also means enjoying The Grove, a resort-style amenity center with resort pool, lap pool, kiddie pool, spas, pickleball and bocce courts, a modern fitness facility, playground, and an event lawn with stage, fire pit, and BBQ areas--designed to bring neighbors together and enhance everyday living.For buyers seeking newer construction in Palm Desert with amenities, this home stands out as a rare opportunity to enjoy modern design, energy efficiency, and a vibrant community--without the wait to build!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2021
- Lot Size
- 5,197 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $250.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 79% |
| Baths | 4.0 | 2.0 | 82% |
| Square foot | 2,694 | 1,931 | 85% |
| Lot Size | 5,197 | 6,534 | 16% |
| Price | $899.0K | $560.0K | 86% |
| Price per sq ft | $334 | $312 | 64% |
| Built year | 2021 | 2000 | 85% |
| HOA | $250.0 | $394 | 36% |
| Days on market | 46 | 164 | 3% |
Pricing History
Listed for Sale
Mar 1, 2026
$899,000
$925,000
-3% Price Drop
Initial Listing
Price Change
Jan 20, 2026
$925,000
Initial Listing