38460 Gazania Circle, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath
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Palm Desert, California 92211
This Turnkey Vacation Rental Asset is a High-Potential Investment Opportunity, listed at $480,000—positioned above the $393,183 Fair Market Value by 22%. While priced above current market estimates, the property offers a proven track record in a rare short-term rental-friendly community. Featuring a Condition Rating of 4, the home includes an Extended Outdoor Patio with Panoramic Golf Course and Lake Views. This is an ideal acquisition for Buy-and-Hold Investors or Second-Home Buyers seeking immediate income potential in a premier resort setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38460 Gazania Circle Subject | $480,000* List Price | 2 | 2 | 1,330 | $296 | - |
A 203 Desert Falls Drive E Sold | $350,000 | 2 | 2 | 1,330 | $263 | 0.9 mi |
B 76279 Poppy Lane Sold | $419,000 | 2 | 2 | 1,549 | $270 | 0.7 mi |
C 480 Evergreen Ash Sold | $344,000 | 2 | 2 | 1,330 | $259 | 0.9 mi |
D 292 Desert Falls Drive E Sold | $342,000 | 2 | 2 | 1,330 | $257 | 0.7 mi |
E 38019 Crocus Lane Sold | $475,000 | 3 | 2 | 1,536 | $309 | 0.2 mi |
F 450 Desert Falls Drive N Sold | $412,000 | 2 | 2 | 1,330 | $310 | 0.8 mi |
G 549 Desert Falls Drive E Sold | $345,000 | 2 | 2 | 1,330 | $259 | 0.7 mi |
H 38689 Nasturtium Way Active | $480,000 List Price | 2 | 2 | 1,330 | $361 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the property falls into the dated category. While the kitchen features updated stainless steel appliances, the cabinetry with wood-trim accents and the tile countertops in both the kitchen and bathrooms are original to the 1990 construction. The home is well-maintained and functional for a rental, but the systems and finishes are past their primary lifecycle and require aesthetic and likely mechanical updates to meet modern standards.
Located in one of the few Palm Desert gated communities permitting rentals under 30 days, this property offers exceptional income-producing potential with a proven track record.
The property features an extended patio with breathtaking panoramic views of the golf course, lakes, and mountains, situated within the prestigious Palm Valley Country Club.
Offered fully furnished and move-in ready, this Jacaranda floor plan allows for immediate enjoyment or rental without the need for additional furniture investment.
The monthly association fee of $875 is substantial and may impact the net cash flow for investors or the monthly budget for primary residents.
Built in 1990, the residence may soon require updates to major systems or interior finishes to remain competitive with newer luxury developments in the area.
Discover the perfect blend of luxury, lifestyle, and investment opportunity at 38460 Gazania in the prestigious Palm Valley Country Club. Perfectly positioned to capture breathtaking water and mountain views, this highly sought-after Jacaranda floor plan is offered turnkey furnished and ready for immediate enjoyment or income producing potential.An extended outdoor patio creates the ideal setting for morning coffee, sunset cocktails, or entertaining against a backdrop of sparkling lakes and panoramic mountain vistas. Inside, the thoughtfully designed floor plan offers comfortable, light-filled living spaces that make every day feel like a resort vacation.Palm Valley Country Club is recognized as one of the desert's premier private golf communities, featuring two championship Ted Robinson designed golf courses, an impressive 100,000 square foot clubhouse, multiple restaurants and bar, a full-service day spa, state-of-the-art fitness center, tennis and pickleball courts, and 46 community pools and spas, all within the security of a 24-hour guard-gated community. An active social calendar with special events, dining experiences, and year-round activities completes the exceptional lifestyle.Adding tremendous value, Palm Valley Country Club is one of the few gated communities in Palm Desert that permits vacation rentals of fewer than 30 days. This residence has enjoyed a proven history as a highly successful vacation rental while also serving as a cherished personal retreat for its current owners.Whether you're searching for a full time residence, a luxurious desert getaway, or a high-performing investment property, this exceptional home offers an increasingly rare opportunity to own in one of Palm Desert's most desirable resort communities, where spectacular views, world-class amenities, and outstanding rental potential come together in one remarkable offering.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 2.7 mi
Grades 6-8 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,330 | 1,548 |
| Lot Size | 1,437 | 2,178 |
| Price | $480.0K | $473.9K |
| Price per sq ft | $361 | $321 |
| Built year | 1990 | 1983 |
| HOA | $875.0 | $800 |
| Days on market | 7 | 69 |
Jul 15, 2026
$480,000
Initial Listing
Feb 7, 2022
$480,000
Public Record
Jan 8, 2009
$300,000
Public Record
Sep 3, 2004
$419,000
Public Record
Sep 3, 2003
$260,000
Public Record