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

36004 Franklin Drive, Palm Desert, California 92211 home-pic-0

36004 Franklin Drive

Palm Desert, California 92211

ACTIVE
CONDITION: EXCELLENT
5Beds
5Baths
2,490Sq Ft
3,402Lot Size

Property Price

LIST PRICE$725,000
EST. MARKET VALUE
$721,808

SUMMARY

Estimated Market Value

$721,808
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
36004 Franklin Drive
Subject
$725,000*
List Price
552,490$290-
A
74255 Becker Street
Sold
$645,219552,328$2770.2 mi
B
36357 Warren Drive
Sold
$620,000432,335$2660.2 mi
C
75294 Buckley Drive
Sold
$575,000331,896$3030.2 mi
D
74248 Dexter Street
Sold
$639,900332,086$3070.2 mi
E
41138 Harvey Mudd Drive
Sold
$625,000432,032$3080.4 mi
F
73447 Travers Street
Sold
$580,000442,464$2351.0 mi
G
36366 Warren Drive
Active
$779,000
List Price
552,537$3070.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2021, this property is virtually new and meets all current quality standards. The home features a modern open-concept design with high-end finishes, including a showstopper kitchen with stone countertops, glass subway tile, and upgraded stainless steel appliances. Additional premium features such as an owned solar system with Tesla batteries, dual-zone HVAC, and an electric car charger further justify the excellent condition rating.

PROSSTRENGTHS & OPPORTUNITIES

  • Advanced Energy Efficiency

    The property features a robust energy profile including an owned solar system, a leased system with two Tesla batteries, and an electric car charger, ensuring exceptionally low utility costs.

  • Modern High-End Finishes

    Built in 2021, the home boasts a contemporary open-concept design with a showstopper kitchen featuring stone countertops, glass subway tile, and upgraded stainless steel appliances.

  • Extensive Community Amenities

    Residents have access to premier University Park facilities, including an Olympic-sized lap pool, pickleball and bocce courts, a fitness center, and a large clubhouse.

CONSRISKS & DEFICIENCIES

  • 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

    With a 2,490 sqft home situated on a 3,402 sqft lot, the outdoor space is relatively limited and features a high-density alley-load garage configuration.

  • Recurring Solar Lease

    While the energy savings are significant, the property requires the buyer to assume a $154 monthly solar lease payment, adding a fixed recurring cost to the ownership.

About 36004 Franklin Drive

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. All information is deemed reliable, but not guaranteed. Buyer(s) to investigate per the contingency periods, to their satisfaction.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2021
Lot Size
3,402 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$300.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
96%
Baths5.02.0
94%
Square foot2,4901,931
80%
Lot Size3,4026,534
3%
Price$725.0K$560.0K
75%
Price per sq ft$291$312
39%
Built year20212000
85%
HOA$300.0$394
38%
Days on market33164
1%

Pricing History

Listed for Sale

Feb 21, 2026

$725,000

$745,000

-3% Price Drop

Initial Listing

Price Change

Feb 2, 2026

$745,000

Initial Listing

Sold

Jun 26, 2023

$85,500

Public Record

Sold

Jun 26, 2023

$684,500

Public Record

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