38819 Wisteria Drive, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 2 bath
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Palm Desert, California 92211
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $644,000—positioned well above the $622,245 Fair Market Value by 3%. While currently priced slightly above market, the property features a Condition Rating of 3, boasting a modernized kitchen and open-concept layout. With Short-Term Rental (STR) eligibility and panoramic Golf Course and Mountain views, this asset is optimized for income generation. It is an ideal acquisition for Buy-and-Hold Investors or Seasonal Owner-Occupants seeking a resort-style lifestyle in Palm Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38819 Wisteria Drive Subject | $644,000* List Price | 3 | 2 | 1,627 | $382 | - |
A 38960 Gladiolus Lane Sold | $670,000 | 3 | 2 | 1,627 | $412 | 0.7 mi |
B 38019 Crocus Lane Sold | $475,000 | 3 | 2 | 1,536 | $309 | 0.7 mi |
C 38488 Gazania Circle Sold | $795,000 | 3 | 2 | 1,861 | $427 | 0.5 mi |
D 38727 Lobelia Sold | $710,000 | 2 | 3 | 1,918 | $370 | 0.6 mi |
E 76669 Begonia Lane Sold | $570,000 | 2 | 2 | 1,549 | $368 | 0.3 mi |
F 38854 Kilimanjaro Drive Sold | $575,000 | 3 | 3 | 1,782 | $323 | 0.8 mi |
G 38612 Wisteria Drive Active | $579,000 List Price | 3 | 2 | 1,549 | $374 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1990, the property has been modernized with an open-concept floor plan and a renovated kitchen featuring white shaker cabinets, granite countertops, and stainless steel appliances. It is well-maintained and move-in ready, consistent with a 5-15 year renovation profile.
Located in a community that permits short-term rentals (STRs) and offered with six months of pre-paid HOA dues, this property is an ideal turnkey opportunity for investors or seasonal owners.
The home boasts breathtaking panoramic views of the golf course fairways and San Jacinto Mountains, while its proximity to one of the community's largest pools offers a resort-like experience.
Fully furnished and move-in ready, the property features a reimagined open-concept floor plan, updated kitchen, and walls of glass that maximize natural light and the desert landscape.
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 = 1494. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly association fee of $875 is substantial, which may impact the overall affordability for some buyers or reduce the net yield for rental investors.
With 61 days on the market and multiple price reductions from the original $675,000 listing, the property has faced some initial resistance, suggesting a need for aggressive pricing to secure a buyer.
SELLER WILL PRE-PAY 6 MONTHS OF HOA DUES -- ALL OFFERS CONSIDERED! Furnished and move-in ready, this beautifully updated 3-bedroom, 2-bath home captures some of the most breathtaking panoramic fairway and San Jacinto Mountain views in the Valley. Excellent Investor opportunity with short-term RENTAL potential. The reimagined open-concept floor plan creates a bright, airy feel designed for effortless desert living and entertaining, while walls of glass bring the outdoors in. Ideally located just steps from one of the community's largest pools and spas, the home offers a true 'resort-next-door' lifestyle without the maintenance. The spacious primary suite, versatile third bedroom or office, modernized kitchen, and attached 2-car garage make this property ideal as a full-time residence, seasonal getaway, or income-producing investment. Palm Valley Country Club allows short-term rentals (STRs ALLOWED) and offers an unmatched lifestyle with two Ted Robinson-designed golf courses, a 100,000 sq. ft. clubhouse, tennis and pickleball courts, fitness center, dining, and 24-hour guard-gated security. Opportunities like this -- furnished, updated, view-oriented, and aggressively priced -- are becoming increasingly hard to find in Palm Valley.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 3.0 mi
Grades 6-8 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 61% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,627 | 1,598 | 53% |
| Lot Size | 3,049 | 2,613 | 62% |
| Price | $644.0K | $475.0K | 70% |
| Price per sq ft | $396 | $320 | 82% |
| Built year | 1990 | 1987 | 75% |
| HOA | $875.0 | $849 | 55% |
| Days on market | 84 | 164 | 9% |
May 1, 2026
$644,000
$649,000
-1% Price Drop
Initial Listing
Apr 15, 2026
$649,000
$675,000
-4% Price Drop
Initial Listing
Mar 15, 2026
$675,000
Initial Listing
Mar 28, 2023
$670,000
Public Record
Apr 30, 2019
$380,000
Public Record
Sep 9, 2016
$366,000
Public Record
Sep 19, 1997
$155,000
Public Record