38697 Palm Valley Drive, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 2 bath
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Palm Desert, California 92211
This 3-bedroom condominium represents a Strong Value Opportunity, listed at $595,000—positioned well below the $552,776 Fair Market Value by -7%. While the property is priced above the current estimation, its Condition Rating of 3 and prime location within the Palm Valley Country Club offer significant lifestyle appeal. Featuring panoramic golf course and mountain views, this residence provides a solid foundation for personalization. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a resort-style lifestyle with access to championship golf and extensive community amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38697 Palm Valley Drive Subject | $595,000* List Price | 3 | 2 | 1,627 | $340 | - |
A 38863 Lobelia Circle Sold | $540,000 | 3 | 3 | 1,673 | $323 | 0.2 mi |
B 76437 Violet Sold | $565,000 | 3 | 2 | 1,627 | $347 | 0.1 mi |
C 38019 Crocus Lane Sold | $475,000 | 3 | 2 | 1,536 | $309 | 0.3 mi |
D 39228 Gladiolus Lane Sold | $600,000 | 3 | 3 | 1,918 | $313 | 0.4 mi |
E 38900 Lobelia Circle Sold | $535,000 | 3 | 2 | 1,808 | $296 | 0.3 mi |
F 38960 Gladiolus Lane Sold | $670,000 | 3 | 2 | 1,627 | $412 | 0.4 mi |
G 76279 Poppy Lane Sold | $419,000 | 2 | 2 | 1,549 | $270 | 0.6 mi |
H 38969 Wisteria Drive Sold | $615,000 | 2 | 2 | 1,549 | $397 | 0.5 mi |
I 38657 Dahlia Way Active Under Contract | $549,000 List Price | 3 | 2 | 1,627 | $337 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1988, the property is meticulously maintained and move-in ready. Images show a modern, recently renovated bathroom with contemporary tile work and a new vanity, elevating the condition above its chronological age. The interior is functional and clean, though some areas remain dated and offer potential for further personalization.
Situated in the prestigious Palm Valley Country Club, the property boasts exceptional triple views of the golf course, mountains, and tranquil water features from an expansive patio.
Residents enjoy access to world-class facilities, including two championship golf courses, 46 community pools, tennis and pickleball courts, and a state-of-the-art fitness center.
The 1,627 sqft floor plan offers a spacious living area with a fireplace and seamless indoor-outdoor flow, providing a solid foundation for a buyer to modernize and build equity.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3049, other record lot size in square feet = 1488. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1988, the home is described as needing updates and personalization, suggesting original finishes that may require significant additional investment to meet modern luxury standards.
The monthly association fee of $875 is substantial, which may deter budget-conscious buyers or impact the overall return on investment for seasonal owners.
LOCATION LOCATION LOCATION!Nestled within the prestigious Palm Valley Country Club, this beautifully maintained 3-bedroom, 2-bath residence offers 1,627 square feet of comfortable desert living with spectacular mountain and water views. While the home has been meticulously cared for and is move-in ready, it presents an outstanding opportunity for a new owner to update and personalize the interior to reflect their own style and create lasting value. The floor plan features a spacious living room with a fireplace, abundant natural light, and seamless indoor-outdoor living--ideal for entertaining or simply relaxing in the serene surroundings. The expansive patio provides the perfect setting to enjoy breathtaking sunsets overlooking tranquil water features and the surrounding mountains.The kitchen flows effortlessly into the dining and living areas, offering easy access to the patio and outdoor grill for effortless entertaining. The generous primary suite serves as a peaceful retreat with direct access to a private patio.Whether you're seeking a full-time residence, seasonal getaway, or investment opportunity, this home offers the ideal combination of comfort, location, lifestyle, and the chance to transform it into your own desert dream home.Palm Valley Country Club is one of the desert's premier private golf communities, featuring two Ted Robinson-designed championship golf courses, a recently refreshed clubhouse, two restaurants, a state-of-the-art fitness center, tennis and pickleball courts, a full-service day spa, and 46 community pools and spas. Residents enjoy an active resort-style lifestyle just minutes from world-class shopping, dining, entertainment, and everything Palm Desert has to offer.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 2.7 mi
Grades 6-8 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,627 | 1,548 |
| Lot Size | 3,049 | 2,178 |
| Price | $595.0K | $473.9K |
| Price per sq ft | $366 | $321 |
| Built year | 1988 | 1983 |
| HOA | $875.0 | $800 |
| Days on market | 2 | 69 |
Jul 20, 2026
$595,000
Initial Listing
Aug 30, 2019
$400,000
Public Record
Oct 28, 2010
$315,000
Public Record
Dec 12, 2002
$330,000
Public Record
Nov 15, 2000
$295,000
Public Record
Apr 2, 1996
$200,000
Public Record