36004 Franklin Drive, Palm Desert, California 92211, Palm Desert, 92211 - 5 bed, 5 bath

36004 Franklin Drive, Palm Desert, California 92211 home-pic-0
ACTIVE$725,000
36004 Franklin Drive, Palm Desert, California 92211
5Beds
5Baths
2,490Sqft
3,402Lot
Year Built
2021
Close
-
List price
$725K
Original List price
$750K
Price/Sqft
$291
HOA
$300
Days on market
-
Sold On
-
MLS number
25519215PS
Home ConditionExcellent
Features
Excellent View: Mountain(s), Panoramic
Patio
ViewMountain(s), Panoramic

About this home

We found 4 Cons,5 Pros. Rank: price - $725.0K(78th), sqft - 2490(83th), beds - 5(97th), baths - 5(97th).

This 5 bedroom, 5 bath Residence 3 home is in centrally located University Park in Palm Desert and designed with your modern lifestyle in mind. Here, you'll find it easy to connect inside this sidewalk rich community. This two-story, low-maintenance home boasts an alley entrance through the 2-car garage. The open-concept floorplan includes a great room connecting the kitchen and living areas. The kitchen is a showstopper with glass subway tile backsplash, stone countertops, walk-in pantry, upgraded high-end stainless appliances, and a huge island with a breakfast bar. The first floor also features a bedroom suite, spacious dining area, a laundry room and a powder room. The living room opens onto a large walled, landscaped, private patio with a fountain, perfect for indoor/outdoor living that is synonymous with the desert lifestyle. The second floor features a loft seating area with scenic views (a second living room) and 4 bedrooms, 2 of them suites with baths and walk-in closets. This home also features an owned Solar System and one that is leased ($154 month), including 2 Tesla batteries. resulting in low electric bills. There are 2 HVAC zones. And in the garage is an electric car charger. The community features a Clubhouse with a large meeting room, a large, relaxing pool and spa, also an Olympic sized lap pool with 4 lanes, bocce ball courts, a huge firepit, a covered playground, a cabana like covered party room with couches and ping pong table, pickleball courts, outdoor showers, a picnic area with grills/outdoor kitchens, and an exercise room with workout equipment an weights. Please see the photos of all of these​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ amenities.

Condition Rating
Excellent

This property was built in 2021, making it virtually new. The kitchen is a showstopper with glass subway tile backsplash, stone countertops, upgraded high-end stainless steel appliances, and a huge island. Bathrooms feature modern vanities and tiled showers, all in pristine condition. The home boasts an open-concept floorplan, modern flooring (tile and wood-look laminate), recessed lighting, and significant energy-efficient upgrades including owned and leased solar with Tesla batteries, and 2 HVAC zones. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Newer Construction & Modern Finishes: Built in 2021, this home features an open-concept layout, an upgraded kitchen with high-end stainless appliances, stone countertops, and glass subway tile backsplash, reflecting contemporary design and quality.
Exceptional Community Amenities: Residents benefit from extensive community amenities including a clubhouse, large relaxing pool and spa, Olympic-sized lap pool, pickleball and bocce ball courts, a fitness center, and various social gathering areas.
Significant Energy Efficiency: The property includes an owned solar system, a leased solar system with 2 Tesla batteries, and 2 HVAC zones, leading to substantially low electric bills and enhanced comfort.
Versatile & Spacious Floorplan: With 5 bedrooms and 5 bathrooms, including a convenient first-floor bedroom suite and a second-floor loft with scenic views, the home offers flexible living arrangements for diverse household needs.
Prime Location with Views: Centrally located in the desirable University Park subdivision in Palm Desert, the home offers mountain and panoramic views, and is close to world-class dining and shopping.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3402, living area = 2490.
Compact Lot Size: The 3402 sqft lot is relatively small, which may limit the amount of private outdoor space available for gardening or extensive recreational activities, despite the private patio.
Ongoing Association Fees: A monthly association fee of $300 adds a recurring cost to homeownership, which potential buyers must factor into their budget.
Leased Solar Obligation: While contributing to energy savings, the $154/month leased solar system represents an additional fixed monthly expense that transfers with the property, alongside the owned system.

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