
Palm Desert, California 92211
This property presents a High-Potential Investment Opportunity with a List Price of $599,000—positioned well below the $584,696 Fair Market Value by -2%. While the home requires a full interior renovation, its Condition Rating of 5 and expansive 12,197 sqft lot offer significant upside for forced appreciation. Located near Ronald Reagan Elementary, this asset provides a blank canvas for customization. This is a value-add acquisition ideal for Fix-and-Flip Investors or Owner-Occupants looking to build equity through strategic interior updates.
Property is extensive renovation needed.
Built in 1988 (36 years old), the property is explicitly described as needing renovation and being a project for investors. While the exterior is maintained, the interior requires a full rehab to update original finishes and systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 2320.
Situated in the desirable Regency Palms subdivision of Palm Desert, the property features professionally landscaped grounds and outstanding curb appeal in a highly sought-after neighborhood.
With 2,320 square feet of living space and a 'blank canvas' condition, this home offers a tremendous opportunity for investors or owner-occupants to customize finishes and build immediate equity through renovation.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The property is explicitly listed as needing renovation, which will require a significant additional capital investment and time commitment from the buyer to make the home habitable and modern.
The previous conversion from a 4-bedroom layout to a 2-bedroom plus den configuration may limit the property's appeal to larger families or buyers requiring a standard bedroom count.
Exceptional opportunity in desirable Palm Desert! Situated on professionally landscaped grounds with outstanding curb appeal, this home offers the perfect canvas for buyers ready to bring their vision to life. The home is in need of renovation, making it ideal for those looking to customize finishes, update the interior, and create a personalized desert retreat. Whether you're an owner-occupant seeking to add your own style or an investor looking for your next project, this property offers tremendous potential in a sought-after location. Don't miss the chance to transform this home into something truly special. ****. Please note, home was originally built as a 4 bedroom but was renovated years ago to two large bedrooms plus a large den***
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.5 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,320 | 2,040 |
| Lot Size | 12,197 | 7,405 |
| Price | $599.0K | $634.5K |
| Price per sq ft | $258 | $325 |
| Built year | 1988 | 1994 |
| HOA | $297.0 | $398 |
| Days on market | 10 | 74 |
Jul 12, 2026
$599,000
Initial Listing