38824 Lobelia, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 2 bath
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Palm Desert, California 92211
This Turnkey Resort Condominium is a Strong Value Opportunity, listed at $698,000—positioned well above the $648,219 Fair Market Value by 7%. Despite the premium, the property features a Mint Condition Rating with a fully remodeled kitchen, quartz countertops, and a new HVAC system. Boasting unobstructed golf course views and a custom-extended patio, this home offers a proven, high-demand short-term rental history. It is an ideal acquisition for Buy-and-Hold Investors seeking immediate cash flow or Owner-Occupants desiring a luxury desert lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38824 Lobelia Subject | $698,000* List Price | 3 | 2 | 1,627 | $398 | - |
A 76437 Violet Sold | $565,000 | 3 | 2 | 1,627 | $347 | 0.2 mi |
B 76237 Impatiens Circle Sold | $490,000 | 2 | 2 | 1,549 | $316 | 0.2 mi |
C 38306 Gazania Circle Sold | $875,000 | 3 | 3 | 1,918 | $456 | 0.3 mi |
D 38863 Lobelia Circle Sold | $540,000 | 3 | 3 | 1,673 | $323 | 0.0 mi |
E 76677 Begonia Lane Sold | $799,000 | 3 | 3 | 1,918 | $417 | 0.6 mi |
F 38843 Lobelia Circle Sold | $729,000 | 3 | 3 | 1,918 | $380 | 0.0 mi |
G 76643 Daffodil Drive Sold | $493,000 | 2 | 2 | 1,330 | $371 | 0.5 mi |
H 38488 Gazania Circle Sold | $795,000 | 3 | 2 | 1,861 | $427 | 0.2 mi |
I 38858 Lobelia Circle Active | $515,000 List Price | 3 | 3 | 1,673 | $308 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1987, the property has undergone a comprehensive recent renovation within the last 5 years. It features a fully updated kitchen with quartz countertops and stainless appliances, remodeled bathrooms with modern walk-in showers, new wood-look tile flooring, and a brand-new HVAC system, making it a turnkey, mint-condition home.
The property is sold fully furnished with a proven 5-star rental history and short-term rental permits, offering a seamless 'plug-and-play' opportunity for vacation rental investors.
Positioned as an elevated end-unit, the home offers unobstructed driving range views and features a newly extended custom patio with a built-in BBQ and fire-pit for elite outdoor living.
The condo boasts significant upgrades including a remodeled kitchen with quartz countertops, updated bathrooms with walk-in tiled showers, and a recently replaced A/C system.
Built in 1987, the structure and community infrastructure are nearly 40 years old, which may necessitate higher long-term maintenance or future capital improvement assessments.
As a condominium within a large-scale resort complex, the property involves shared walls and communal amenities, which may not appeal to buyers seeking maximum privacy or a detached residence.
LOCATION, LIFESTYLE & TURNKEY — Designed for those seeking a vacation retreat with income-producing possibilities. Welcome to Palm Valley Country Club and this highly sought-after Cottonwood model — ideally positioned as an end-unit on an elevated lot overlooking the driving range with sweeping, unobstructed views. FULLY FURNISHED | GOLF CART & BIKES INCLUDED | JUST BRING YOUR SUITCASE. Whether you're looking for your perfect winter retreat, a full-time desert lifestyle, or an income-producing vacation rental, this one truly does it all. This beautifully updated 3-bedroom, 2-bath condo (approx. 1,627 sq. ft.) offers an open-concept layout designed for effortless desert living and entertaining. Two sliding doors open directly to the patio, filling the home with natural light and a seamless indoor-outdoor flow. The east-facing orientation captures the gorgeous morning sun — the perfect setting to start your day with coffee and panoramic driving range views. THE PATIO IS A SHOWSTOPPER. Newly extended and elevated with custom tile, built-in BBQ, fire-pit table, and multiple seating areas — all perfectly positioned to soak in the expansive views. Inside, the upgraded kitchen features quartz countertops, stainless steel appliances, and modern lighting. Both bathrooms have been beautifully remodeled with quartz countertops and sleek walk-in tiled showers. The primary suite offers direct patio access and peaceful views, while the guest bedrooms provide comfortable space for family, friends — or paying guests. 5-STAR AIRBNB & VRBO RENTAL HISTORY Repeat guest books February & March directly every year — built-in income from day one. Short-term rentals permitted. New A/C | Upgraded desert landscaping | Golf cart, bikes & pool toys included Palm Valley Country Club delivers the full resort experience — two Ted Robinson-designed championship golf courses, 46 pools & spas, tennis & pickleball courts, fitness center, clubhouse dining, and a vibrant social calendar. There's a reason locals call it "THE FUN CLUB." Outstanding location — something that simply can't be replaced. Come experience desert living where every day feels like a vacation.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 2.5 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 | - | 2,178 |
| Price | $698.0K | $473.9K |
| Price per sq ft | $429 | $321 |
| Built year | 1987 | 1983 |
| HOA | $158.0 | $800 |
| Days on market | 40 | 69 |
Jun 12, 2026
$698,000
Initial Listing
Jul 11, 2018
$350,000
Public Record