36017 Wallace St, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 2 bath
36017 Wallace St
Palm Desert, California 92211
Property Price
SUMMARY
Analysis of 36017 Wallace St, Palm Desert, California 92211 reveals a property with a current list price of $690,000, which is 7% above the estimated $644,648 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 36017 Wallace St Subject | $690,000* List Price | 3 | 2 | 1,992 | $324 | - |
A 73774 Mojave Desert Sold | $747,696 | 3 | 2 | 2,235 | $335 | 0.7 mi |
B 35536 Bains Avenue Sold | $575,000 | 3 | 3 | 1,705 | $337 | 0.8 mi |
C 73780 Mojave Desert Drive Sold | $713,448 | 3 | 3 | 2,405 | $297 | 0.7 mi |
D 74260 Dexter Street Sold | $654,900 | 4 | 3 | 2,189 | $299 | 0.1 mi |
E 74248 Dexter Street Sold | $639,900 | 3 | 3 | 2,086 | $307 | 0.1 mi |
F 73679 Raphael Drive Sold | $626,194 | 3 | 3 | 1,942 | $322 | 0.4 mi |
G 35719 Mccarthy Street Active | $611,900 List Price | 3 | 3 | 1,880 | $325 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a brand-new 2024 construction that meets the highest quality standards. It features a modern open-concept design with premium quartz countertops, stainless steel appliances, and contemporary flooring. All major systems, including the tankless water heater, central A/C, and fire sprinkler system, are new and energy-efficient, representing a turnkey home with no physical depreciation or deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Turnkey Construction
Built in 2024, this home offers the peace of mind of brand-new construction with contemporary energy-efficient features like a tankless water heater and a modern open-concept layout.
- High-End Interior Finishes
The kitchen and living areas are elevated by premium quartz countertops and stainless steel appliances, providing a sophisticated and move-in-ready aesthetic for discerning buyers.
- Desirable Community Amenities
Situated in University Park, the property grants access to resort-style pools and is strategically located minutes from Palm Desert’s premier shopping, dining, and entertainment hubs.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
The property listing specifies no views, which may be a drawback in a market where mountain or desert vistas are highly valued and often expected at this price point.
- Compact Lot Size
With a lot size of approximately 5,976 square feet, the outdoor space is relatively limited, offering less privacy and room for extensive landscaping or private pool installation compared to older area estates.
About 36017 Wallace St
Built in 2024 and located in the desirable University Park community of Palm Desert, this beautifully designed single-story home offers modern, low-maintenance living. The open-concept layout features a bright living and dining area that flows seamlessly into a contemporary kitchen with quartz countertops and stainless steel appliances. Enjoy comfortable bedrooms, a 2-car attached garage, tankless water heater, fire sprinkler system, central A/C, and natural gas heating. Residents have access to resort-style community pools and are just minutes from shopping, dining, and entertainment. Move-in ready and like new!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 5,976 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,992 | 1,931 | 53% |
| Lot Size | 5,976 | 6,534 | 30% |
| Price | $690.0K | $560.0K | 72% |
| Price per sq ft | $346 | $312 | 71% |
| Built year | 2024 | 2000 | 90% |
| HOA | $250.0 | $394 | 36% |
| Days on market | 16 | 164 | 1% |
Pricing History
Listed for Sale
Feb 19, 2026
$690,000
Initial Listing
Sold
Oct 4, 2024
$696,000
Public Record
Sold
Oct 4, 2024
$164,500
Public Record