39850 Regency Way, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 3 bath
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Palm Desert, California 92211
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $615,000—positioned well below the $624,795 Fair Market Value by 1%. This valuation gap offers $9,795 in Instant Equity. Featuring a dual primary suite layout, newer solar system with Tesla Powerwalls, and a 0.27-acre lot, the home maintains a Good Condition Rating. Located near top-rated schools like Ronald Reagan Elementary, this property is an ideal choice for Owner-Occupants or VA-eligible buyers seeking assumable 5.5% financing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39850 Regency Way Subject | $615,000* List Price | 2 | 3 | 2,081 | $303 | - |
A 108 Francesca Court Sold | $635,000 | 3 | 3 | 2,158 | $294 | 0.4 mi |
B 39790 Regency Way Sold | $750,000 | 4 | 3 | 2,320 | $323 | 0.0 mi |
C 76838 Abby Court Sold | $740,000 | 4 | 3 | 2,320 | $319 | 0.3 mi |
D 76802 Bishop Place Sold | $792,500 | 4 | 4 | 2,295 | $345 | 0.2 mi |
E 117 Rosetta Court Sold | $640,000 | 4 | 4 | 2,219 | $288 | 0.4 mi |
F 77553 Carinda Court Sold | $649,000 | 3 | 3 | 1,941 | $334 | 0.8 mi |
G 39369 Regency Way Way Sold | $745,000 | 4 | 3 | 2,320 | $321 | 0.3 mi |
H 77671 Barons Circle Sold | $605,000 | 3 | 3 | 1,941 | $312 | 0.8 mi |
I 76835 Bishop Place Active | $775,000 List Price | 3 | 3 | 2,351 | $330 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1988, the property has been significantly updated with modern wood-look flooring, fresh interior paint, and high-end systems including a newer solar array with dual Tesla Powerwalls. The exterior and grounds are well-maintained, and the interior appears move-in ready, fitting the profile of a 5-15 year renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 2081.
The inclusion of a newer solar system with two Tesla Powerwall batteries provides exceptional value, significantly reducing utility costs and offering power security in the desert climate.
The availability of an assumable VA loan at a 5.5% interest rate presents a rare and highly competitive financial advantage for qualified buyers in the current high-rate market.
Despite having over 2,000 square feet of living space, the two-bedroom configuration may limit appeal for larger families or buyers requiring more dedicated guest or office space.
The $404 monthly association fee, while common for gated communities, adds a significant fixed expense to the property's overall monthly ownership cost.
Welcome to 39850 Regency Way, a beautifully updated home nestled in the heart of Palm Desert within the desirable gated community of Regency Palms. This property presents an exceptional opportunity to embrace the best of desert living in one of the Coachella Valley's most centrally located and sought-after neighborhoods.Featuring a thoughtfully designed dual primary suite layout, vaulted ceilings, abundant natural light, and a spacious 0.27-acre lot, this single-story residence offers both comfort and flexibility for a wide range of buyers. The home is equipped with a newer solar system including two Tesla Powerwall batteries significantly reducing energy costs along with a 3-car garage and a lattice-covered patio perfect for indoor-outdoor entertaining.For qualified buyers, this property offers a rare and highly attractive assumable VA loan at just 5.5% interest rate an incredible opportunity to lock in below-market financing in today's rate environment. Assumable loan is available to VA-approved buyers only. Please inquire for details.Situated just minutes from world-class golf courses, El Paseo often referred to as the "Rodeo Drive of the Desert" Costco, Whole Foods, The Shops at Palm Desert, and a variety of top-rated restaurants and cafs, this location truly puts the best of the valley at your doorstep. Easy access to major roadways makes commuting throughout the Coachella Valley effortless.The surrounding area is celebrated for its strong residential demand, well-maintained neighborhoods, parks, hiking trails, and top-rated schools making this an ideal choice whether you're searching for a primary residence, a desert retreat, or a smart investment opportunity.Palm Desert is known for its year-round sunshine, vibrant lifestyle, and consistently strong real estate market. This property delivers not only exceptional quality of life today but long-term value for years to come. Don't miss this rare opportunity especially for VA buyers looking to take full advantage of the assumable financing.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,081 | 2,040 |
| Lot Size | 11,761 | 7,405 |
| Price | $615.0K | $634.5K |
| Price per sq ft | $296 | $325 |
| Built year | 1988 | 1994 |
| HOA | $404.0 | $398 |
| Days on market | 36 | 74 |
Jun 16, 2026
$615,000
Initial Listing
Aug 19, 2024
$570,000
Public Record
Jul 20, 2018
$325,000
Public Record
Mar 21, 2008
$325,000
Public Record
Jul 11, 1996
$135,000
Public Record
Jul 7, 1994
$182,000
Public Record