40464 Periwinkle Court, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
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Palm Desert, California 92260
This Spacious Family Residence is a value-driven acquisition, listed at $630,000—positioned below the $641,969 Fair Market Value by 1%. This valuation gap provides $11,969 in Instant Equity. Boasting a Condition Rating of 3, the home features a modernized kitchen, a three-car garage, and a flexible bonus room. With panoramic mountain views and proximity to James Earl Carter Elementary in the Desert Sands Unified district, it balances lifestyle with stability. This is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40464 Periwinkle Court Subject | $630,000* List Price | 3 | 2 | 1,832 | $348 | - |
A 40761 Hovley Court Sold | $700,000 | 3 | 2 | 2,416 | $290 | 0.2 mi |
B 40785 Avenida Rosario Sold | $799,999 | 3 | 4 | 2,477 | $323 | 0.5 mi |
C 40603 Via Fonda Sold | $800,000 | 4 | 3 | 2,430 | $329 | 0.5 mi |
D 158 Via Tramonto Pending | $529,000 List Price | 3 | 2 | 1,650 | $321 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1982, the home features a modernized kitchen with stainless steel appliances, updated cabinetry, and stone countertops. The interior shows well-maintained wood-style flooring and fresh paint, making it move-in ready and consistent with a renovation performed within the last 5-15 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1832.
Ideally situated in the heart of Palm Desert near El Paseo and top-rated schools, offering unparalleled access to world-class dining, shopping, and major entertainment venues like Acrisure Arena.
The property features an oversized 9,148 sqft lot positioned on a quiet cul-de-sac, providing significant outdoor space for desert living and enhanced privacy compared to standard neighborhood lots.
Built in 1982, the interior may require cosmetic updates and renovations to meet the aesthetic expectations of modern luxury buyers in the Coachella Valley.
Due to the home's age, buyers should consider the potential need for capital improvements to major systems such as the roof or HVAC to ensure long-term efficiency.
Welcome to this great family home in the heart of the Coachella Valley. Ideally located between Palm Desert and Rancho Mirage, this home offers comfort, convenience, and easy access to some of the desert's best shopping, dining, entertainment, and schools. Located in Sagewood, a beloved Palm Desert neighborhood for over 40 years, the home sits on a quiet cul-de-sac with an oversized yard and plenty of room to enjoy the desert lifestyle. Inside, you'll find a functional layout with a bonus room off the dining room and primary bedroom, offering flexible space for a home office, playroom, gym, sitting area, or creative retreat. A large three-car garage with ample built-in storage adds exceptional convenience. Enjoy being just minutes from El Paseo, Acrisure Arena, the new Disney Cotino community, world-class music festivals, international tennis, golf, and year-round events. With its central location, inviting feel, and spacious features, this home is perfect as a full-time residence, seasonal retreat, or desert getaway.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 1,832 | 2,426 | 29% |
| Lot Size | 9,148 | 10,019 | 40% |
| Price | $630.0K | $965.2K | 17% |
| Price per sq ft | $344 | $423 | 25% |
| Built year | 1982 | 1979 | 53% |
| HOA | $125.0 | $0 | 60% |
| Days on market | 33 | 181 | 1% |
May 5, 2026
$630,000
Initial Listing
Nov 23, 1999
$167,000
Public Record