
Palm Desert, California 92260
This property presents a High-Potential Investment Opportunity with a List Price of $460,000—positioned slightly above the $456,181 Fair Market Value. While requiring a Condition Rating of 5, this rehab project offers significant upside through modernization. The elevated lot provides Panoramic Golf Course and Mountain Views, while the resort-style amenities of the Chaparral Country Club enhance long-term rental demand. Proximity to El Paseo shopping and top-rated schools like James Earl Carter Elementary adds strategic value. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add desert asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37 Camino Arroyo Subject 3 bd · 3 ba · 2,051 sqft · $222 | $460,000* List Price | 3 | 3 | 2,051 | $222 | - |
A 110 Conejo Circle Sold 3 bd · 3 ba · 2,056 sqft · $199 · 0.4 mi | $410,000 | 3 | 3 | 2,056 | $199 | 0.4 mi |
B 414 S Sierra Madre Sold 2 bd · 2 ba · 1,656 sqft · $272 · 0.1 mi | $450,000 | 2 | 2 | 1,656 | $272 | 0.1 mi |
C 47 Conejo Circle Sold 3 bd · 3 ba · 2,056 sqft · $209 · 0.3 mi | $430,000 | 3 | 3 | 2,056 | $209 | 0.3 mi |
D 158 Madrid Avenue Sold 2 bd · 4 ba · 2,055 sqft · $277 · 0.7 mi | $570,000 | 2 | 4 | 2,055 | $277 | 0.7 mi |
E 329 S Sierra Madre S Sold 2 bd · 2 ba · 1,584 sqft · $221 · 0.2 mi | $350,000 | 2 | 2 | 1,584 | $221 | 0.2 mi |
F 79 Camino Arroyo N Sold 2 bd · 2 ba · 1,533 sqft · $264 · 0.2 mi | $405,000 | 2 | 2 | 1,533 | $264 | 0.2 mi |
G 44 Maximo Way Pending 3 bd · 2 ba · 1,731 sqft · $238 · 0.3 mi | $412,000 List Price | 3 | 2 | 1,731 | $238 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981 (43 years old) and explicitly marketed as a 'rehab opportunity,' the property likely retains original systems, kitchen, and baths that require significant renovation and modernization to address safety and functional obsolescence.
Situated on an elevated lot, the property offers exceptional panoramic views of the golf course, fairways, and mountains, providing a quintessential desert landscape.
Located within the Chaparral Country Club, residents have access to a comprehensive suite of amenities including a clubhouse, golf, tennis, pickleball, and a fitness center.
The home is ideally positioned just minutes from the upscale shopping and fine dining of El Paseo, as well as major entertainment venues like the Acrisure Arena.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3321, other record lot size in square feet = 3484.
Explicitly marketed as a rehab opportunity, the property will require substantial additional investment and modernization to reach its full potential.
At $805 per month, the association fees represent a significant recurring carrying cost that may impact the overall affordability for some buyers.
NEW LISTING | GOLF COURSE LIVING WITH MOUNTAIN VIEWS!***Professional photos are coming soon!Discover the potential of this 3-bedroom, 3-bathroom rehab opportunity, ideally situated on an elevated lot with stunning golf course, fairway, and mountain views. Enjoy the best of desert living in a private golf community featuring resort-style amenities, including a clubhouse, golf, tennis, and pickleball courts, and a fitness center. Perfectly positioned just minutes from El Paseo's upscale shopping and fine dining, local casinos, and Acrisure Arena, this property offers an exceptional location and an opportunity to create your own desert retreat. Whether you're looking to customize your dream home, invest, or embrace the desert lifestyle, this is an opportunity you won't want to miss!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,051 | 1,495.459 |
| Lot Size | 3,321 | 2,698.484 |
| Price | $460.0K | $456.9K |
| Price per sq ft | $224 | $309 |
| Built year | 1981 | 1984 |
| HOA | $805.0 | $813 |
| Days on market | 16 | 88 |
Oct 9, 2026
$460,000
Initial Listing
Jan 30, 1998
$210,000
Public Record