
Palm Desert, California 92211
This Modern Desert Residence with Income Potential is listed at $739,999, representing a stable acquisition closely aligned with its $731,945 Fair Market Value. Boasting a Condition Rating of 2, this 2022-built home features a Gourmet Kitchen, Mountain Views, and a rare Income-Producing ADU documented at $1,500/month. With $25,000 in Buyer Savings offered for rate buydowns, the property provides a strategic mortgage offset within the Palm Springs Unified district. Residents enjoy resort-style amenities at The Grove, making this a sophisticated choice for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 35887 Mccarthy Street Subject | $670,000* List Price | 4 | 4 | 2,343 | $297 | - |
A 74260 Dexter Street Sold | $654,900 | 4 | 3 | 2,189 | $299 | 0.2 mi |
B 36144 Cameron Place Sold | $810,500 | 4 | 3 | 2,484 | $326 | 0.4 mi |
C 74231 Becker Street Sold | $624,460 | 5 | 5 | 2,328 | $268 | 0.2 mi |
D 74255 Becker Street Sold | $645,219 | 5 | 5 | 2,328 | $277 | 0.2 mi |
E 35803 Lasuen Street Sold | $835,000 | 4 | 4 | 2,735 | $305 | 0.1 mi |
F 36145 Cameron Place Sold | $854,100 | 5 | 3 | 2,805 | $304 | 0.4 mi |
G 35815 Mccarthy Street Active | $670,000 List Price | 4 | 4 | 2,343 | $286 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property, built in 2022, is in nearly new condition and meets all criteria for the highest quality rating. The interior features a contemporary gourmet kitchen with premium quartz countertops, high-end stainless steel appliances including double ovens, and modern cabinetry. With high ceilings, custom paint, and a fully functional attached ADU, the home shows no signs of deferred maintenance and reflects current design trends and building standards.
The attached ADU with a separate entrance provides a proven $1,500/month rental income, offering a significant mortgage offset or flexible multigenerational living options.
Built in 2022, this home features contemporary architecture, high ceilings, and custom finishes, ensuring low immediate maintenance and a move-in-ready experience.
Residents benefit from 'The Grove' resort-style facilities, including dual pools, pickleball courts, and a fitness center, all for a relatively low $250 monthly HOA fee.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
At 5,454 square feet, the lot is relatively small for a 2,343 square foot home, which may limit private backyard space and outdoor seclusion.
The property has undergone a significant price reduction from its original listing of $799,500, which may indicate initial overpricing relative to the immediate neighborhood's market value.
Builder upgrades without the wait. Most buyers assume they have to choose -- between a home with real design integrity and a price that makes financial sense. Between a community they love and a closing timeline that actually works. 35887 McCarthy removes that tradeoff entirely.This bold, beautifully finished 2022-built residence delivers 2,343 square feet across four bedrooms and four baths in University Park -- and it announces itself from the moment you walk in. Deep charcoal accent walls. White cabinetry in deliberate contrast. Gold pendant lighting that bridges designer aesthetic and everyday livability. Premium quartz countertops, double oven, gas cooktop, and a kitchen that photographs like a feature spread and functions even better. This home was finished with a clear point of view -- and the result is a space that stops people mid-tour. The attached ADU with separate entrance carries a documented rental history at $1,500/month, turning this into a performing asset from day one. Owned solar brings monthly utility costs to near zero -- a structural financial advantage that quietly outperforms every upgrade you could add after closing.By the time you've moved through these rooms -- felt the height of those ceilings, stood in that kitchen, looked out toward the mountains -- something will have shifted. You won't be comparing anymore. The Grove is fully operational with dual pools and spa, pickleball, bocce, fitness center, clubhouse, BBQ areas, fire pits, parks, and dog park. This is University Park living at its most complete -- bold, income-producing, solar-powered, and ready to close in 30 days.Book your private showing today.
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 | 2.0 | 83% |
| Square foot | 2,343 | 1,942 | 71% |
| Lot Size | 5,454 | 6,534 | 20% |
| Price | $670.0K | $575.0K | 67% |
| Price per sq ft | $286 | $312 | 30% |
| Built year | 2022 | 1999 | 89% |
| HOA | $250.0 | $398 | 33% |
| Days on market | 92 | 160 | 20% |
Mar 22, 2026
$670,000
$700,000
-4% Price Drop
Initial Listing
Mar 15, 2026
$700,000
$739,999
-5% Price Drop
Initial Listing
Mar 8, 2026
$739,999
$739,900
+0% Price Increase
Initial Listing
Feb 17, 2026
$739,900
$799,500
-7% Price Drop
Initial Listing
Jan 21, 2026
$799,500
Initial Listing
Mar 29, 2023
$627,000
Public Record
Mar 29, 2023
$137,500
Public Record