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38858 Lobelia Circle, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 3 bath

38858 Lobelia Circle, Palm Desert, California 92211 home-pic-0
ACTIVE$589,000$1,673/sqft
38858 Lobelia Circle, Palm Desert, California 92211
3Beds
3Baths
1,673Sqft
3,049Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Short-Term Rental Income Potential: The community is explicitly short-term rental friendly, making it an ideal investment for income generation or owner-user flexibility.
Top Cons:
MLS Listing Discrepancy: 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 = 1424.

Compared to the nearby listings

Price:$589.0K vs avg $470.1K (+$118,850)74%
Size:1,673 sqft vs avg 1,580.5 sqft63%
Price/sqft:$352 vs avg $31574%

More Insights

Built in 1987 (39 years old).
Condition: Despite being built in 1987, this property has undergone extensive and high-quality renovations that bring its key living spaces to a virtually new condition. The kitchen features modern white shaker cabinetry, elegant granite countertops with a waterfall edge, a classic subway tile backsplash, and stainless steel appliances, all appearing new. All three bathrooms have been beautifully updated with modern finishes, fixtures, and contemporary tiling. The property also boasts new hardwood-style laminate flooring throughout and a brand-new A/C system, indicating significant investment in major systems and aesthetics. The overall presentation is move-in ready with no deferred maintenance visible in the updated areas, aligning with the 'Excellent' criteria for a recently and extensively renovated property.
Year Built
1987
Close
-
List price
$589K
Original List price
$589K
Price/Sqft
$352
HOA
$775
Days on market
-
Sold On
-
MLS number
219140954DA
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Golf Course, Mountain(s)
Patio
ViewPark/Greenbelt,Golf Course,Mountain(s)

About this home

Short-term rental friendly community -- ideal for investors or owner-users seeking income potential. This updated Mesquite floorplan offers 3 bedrooms and 3 bathrooms with a highly desirable layout that appeals to both short-term and seasonal renters. A private courtyard entry leads into a light-filled kitchen featuring a skylight, center island, and breakfast bar--an attractive setup for entertaining. Tasteful upgrades include white shaker cabinetry with pull-out shelves, a classic white subway tile backsplash, and elegant granite countertops with a waterfall edge for a timeless appeal.The open-concept living space showcases low maintenance hardwood-style laminate flooring and soaring vaulted ceilings in the dining and living areas, creating a light and inviting atmosphere. Step outside to the patio and enjoy serene views overlooking the expansive driving range--an ideal setting to relax or entertain.The thoughtfully designed bedroom layout provides excellent privacy, with two bedrooms offering ensuite bathrooms. All three bathrooms have been beautifully updated with modern finishes and fixtures. A brand-new A/C has just been installed for added peace of mind.Located within the prestigious Palm Valley Country Club, residents and guests enjoy access to a premier golf and tennis community featuring two Ted Robinson-designed 18-hole golf courses, a luxurious clubhouse, spa, and state-of-the-art athletic club. Palm Valley Country Club is also short-term rental friendly, making this an outstanding opportunity for both personal enjoyment and investment. This property truly blends comfort, style, and resort-level amenities.

T
Tina Saporito
Listing Agent

Nearby schools

6/10
Ronald Reagan Elementary School
Public,•K-5•1.3mi
8/10
James Earl Carter Elementary School
Public,•K-5•2.5mi
5/10
Colonel Mitchell Paige Middle School
Public,•6-8•3.1mi
7/10
Palm Desert High School
Public,•9-12•2.6mi

Price History

Date
Event
Price
04/17/17
Sold
$400,000
05/09/14
Sold
$225,500
Condition Rating
Excellent
Despite being built in 1987, this property has undergone extensive and high-quality renovations that bring its key living spaces to a virtually new condition. The kitchen features modern white shaker cabinetry, elegant granite countertops with a waterfall edge, a classic subway tile backsplash, and stainless steel appliances, all appearing new. All three bathrooms have been beautifully updated with modern finishes, fixtures, and contemporary tiling. The property also boasts new hardwood-style laminate flooring throughout and a brand-new A/C system, indicating significant investment in major systems and aesthetics. The overall presentation is move-in ready with no deferred maintenance visible in the updated areas, aligning with the 'Excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Short-Term Rental Income Potential: The community is explicitly short-term rental friendly, making it an ideal investment for income generation or owner-user flexibility.
Extensive Resort-Style Amenities: Located within the prestigious Palm Valley Country Club, offering access to two golf courses, tennis, a luxurious clubhouse, spa, and state-of-the-art athletic club.
Modern & Tastefully Updated Interior: Features a remodeled kitchen with white shaker cabinetry, granite countertops, updated bathrooms with modern finishes, and low-maintenance hardwood-style laminate flooring, providing a move-in ready experience.
New A/C System: A recently installed brand-new air conditioning unit ensures optimal comfort and reduces immediate capital expenditure for the buyer.
Desirable Golf Course Views: Enjoy serene views overlooking the expansive driving range from the private patio, enhancing the property's aesthetic appeal and relaxation potential.

Cons

MLS Listing Discrepancy: 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 = 1424.
High Monthly Association Fees: The $775.0 monthly association fee is substantial and adds significantly to the overall cost of ownership, which may impact affordability for some buyers.
Age of Property Structure: Built in 1987, while the interior is updated, the underlying building infrastructure is older, which could lead to unforeseen maintenance or repair needs in the long term not covered by cosmetic renovations.
Limited Private Outdoor Space: As a condominium with a modest lot size (3049 sqft), private outdoor living space is primarily confined to the patio, which may not appeal to buyers seeking larger yards or extensive gardening opportunities.
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