40464 Periwinkle Court, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
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40464 Periwinkle Court
Palm Desert, California 92260
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,832Sq Ft
9,148Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$579,507
3% AboveMARKET VALUE
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $599,000—positioned well below the $579,507 Fair Market Value by -3%. While the list price reflects a premium over the current estimation, the property offers a Condition Rating of 3, featuring a renovated kitchen and hardwood flooring. Located in the Desert Sands Unified district, this home provides a functional layout with a bonus room and three-car garage. It is an ideal acquisition for Owner-Occupants or seasonal residents seeking a move-in ready desert retreat.
Estimated Market Value
$579,507
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40464 Periwinkle Court Subject | $599,000* List Price | 3 | 2 | 1,832 | $316 | - |
A 158 Via Tramonto Sold | $505,000 | 3 | 2 | 1,650 | $306 | 0.4 mi |
B 40530 Glenwood Lane Sold | $650,000 | 3 | 3 | 2,052 | $317 | 0.0 mi |
C 40761 Hovley Court Sold | $700,000 | 3 | 2 | 2,416 | $290 | 0.2 mi |
D 40622 Cabana Court Sold | $640,000 | 4 | 3 | 2,300 | $278 | 0.5 mi |
E 137 Courtside Drive Active | $749,000 List Price | 3 | 2 | 2,105 | $356 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1982, the property features a modern, renovated kitchen with updated cabinetry, stone countertops, and stainless steel appliances. The interior shows well-maintained hardwood flooring and clean finishes, making it move-in ready, though some secondary areas like the laundry room retain older cabinetry.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Prime Central Location
Situated on a quiet cul-de-sac in the desirable Sagewood neighborhood, the home offers exceptional proximity to El Paseo shopping, Acrisure Arena, and top-rated Desert Sands Unified schools.
- Versatile Living Space
The functional layout includes a unique bonus room off the primary suite and dining area, providing flexible options for a home office, gym, or nursery to suit modern lifestyle needs.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
With an original build date of 1982 and no mention of recent renovations, the property likely requires cosmetic updates and system upgrades to meet contemporary luxury standards.
- Desert Climate Efficiency
The older construction and large lot size may result in higher utility and landscaping maintenance costs, particularly during the extreme summer heat of the Coachella Valley.
About 40464 Periwinkle Court
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1982
- Lot Size
- 9,148 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $125.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
James Earl Carter Elementary School
Grades K-5 • 1.1 mi
8/10
Palm Desert High School
Grades 9-12 • 2.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,832 | 2,105.901 |
| Lot Size | 9,148 | 7,713.859 |
| Price | $599.0K | $640.1K |
| Price per sq ft | $327 | $315 |
| Built year | 1982 | 1996 |
| HOA | $125.0 | $398 |
| Days on market | 8 | 78 |
Pricing History
Listed for Sale
Sep 1, 2026
$599,000
Initial Listing
Sold
Nov 23, 1999
$167,000
Public Record