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40 Camino Arroyo Place, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath

40 Camino Arroyo Place, Palm Desert, California 92260 home-pic-0
ACTIVE$535,000
40 Camino Arroyo Place, Palm Desert, California 92260
3Beds
2Baths
1,821Sqft
3,485Lot
Year Built
1981
Close
-
List price
$535K
Original List price
$621K
Price/Sqft
$294
HOA
$720
Days on market
-
Sold On
-
MLS number
219115831PS
Home ConditionGood
Features
Good View: Park/Greenbelt
Patio
ViewPark/Greenbelt

About this home

We found 3 Cons,5 Pros. Rank: price - $535.0K(56th), sqft - 1821(78th), beds - 3(65th), baths - 2(50th).

Welcome to the PRESTIGIOUS CHAPARRAL CC in Palm Desert! This is an upscale 24-hr Guard Gated Community with a PRIVATE 18-hole EXECUTIVE GOLF COURSE. IT is centrally located & close to El Paseo that has an array of upscale SHOPS & RESTAURANTS! CHAPARRAL CC HAS A VERY ACTIVE CLUBHOUSE with an abundance of SOCIAL ACTIVITIES. There are tennis courts, pickleball, 21 pools/spas, & a fabulous restaurant with a chef of 20 yrs! There is a Food & Beverage amount of $720 annually. This 3 bedroom/2 bath home is one door away from the community pool/spa. It has a 2 car garage, remodeled kitchen with granite countertops, family room with vaulted ceilings & a fireplace for those cool winter evenings! The home has Solar Panels that are owned, not leased, providing a very, very low electricity bill. The Solar Panels were purchased approx 2 years ago & are under the original Net Metering Program which has the lower buy back rate offered by SCE. Sun shades on all windows further lowering your electric bill for those hot summer days! New ducting throughout home, newer large capacity hot water heater; added glass block privacy wall on patio. The HOA offers 24 hour guard-gated security, earthquake ins (shell), roof, cable/internet, trash pick up, professional landscape, exterior maintenance & painting at each home, pools & spas (heating of all 21) & street maintenance. PRICE REDUCTION!! SELLER MOTIVATED, BRING OFFERS!

Nearby schools

8/10
James Earl Carter Elementary School
Public,•K-5•0.3mi
7/10
Palm Desert High School
Public,•9-12•1.4mi

Price History

Date
Event
Price
08/02/25
$535,000
08/27/24
$620,950
Condition Rating
Good
Built in 1981, this property has undergone significant recent updates that enhance its condition. The kitchen has been remodeled with granite countertops and stainless steel appliances, presenting a modern and functional space. Crucially, major systems have been addressed with new ducting throughout the home, a newer large capacity hot water heater, and owned solar panels installed approximately two years ago, indicating updated and efficient infrastructure. While not a brand-new build, these substantial renovations make the home move-in ready with well-maintained systems and no immediate major repairs required, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Prime Location & Gated Community: Located within the prestigious, 24-hour guard-gated Chaparral CC, offering security and central access to El Paseo's upscale shops and restaurants.
Extensive Community Amenities: Features a private 18-hole executive golf course, active clubhouse with social activities, tennis courts, pickleball, and 21 pools/spas.
Comprehensive HOA Inclusions: HOA covers 24-hour security, earthquake insurance (shell), roof, cable/internet, trash, professional landscaping, exterior maintenance/painting, and heating of all 21 pools/spas.
Energy Efficiency & Cost Savings: Owned solar panels (under original Net Metering Program for very low electricity bills) and sun shades on all windows significantly reduce utility costs.
Updated Interior & Pool Proximity: Boasts a remodeled kitchen with granite countertops, vaulted ceilings, fireplace, new ducting, newer water heater, and is conveniently located one door away from a community pool/spa.

Cons

Property Age: Built in 1981, the property is over 40 years old, which may necessitate future updates or maintenance beyond what has already been done.
Mandatory Food & Beverage Minimum: An annual mandatory food and beverage amount of $720 is required, adding to the overall cost of ownership beyond standard HOA fees.
Executive Golf Course: The community features an executive golf course, which may not appeal to avid golfers seeking a full-length championship course experience.

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