40472 Periwinkle Court, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
40472 Periwinkle Court
Palm Desert, California 92260
Property Price
SUMMARY
Analysis of 40472 Periwinkle Court, Palm Desert, California 92260 reveals a Fairly Priced Property with a current list price of $575,000 aligned with the estimated $575,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Palm Desert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40472 Periwinkle Court Subject | $575,000* List Price | 3 | 2 | 1,712 | $336 | - |
A 263 Strada Nova Sold | $512,000 | 3 | 2 | 1,700 | $301 | 0.5 mi |
B 269 Strada Nova Sold | $538,000 | 3 | 2 | 1,500 | $359 | 0.5 mi |
C 230 Strada Fortuna Active Under Contract | $560,000 List Price | 2 | 2 | 1,400 | $400 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1982, has received some significant updates such as new sliders, windows, and flooring throughout, along with solar panels and an RO water filtration system. However, the kitchen features visibly dated blue tiled countertops and backsplash, and older white cabinets, while the bathroom also shows an outdated vanity and light fixtures. The listing description explicitly states that the home 'does need some cosmetic repairs that the homeowner cannot take care of.' These factors indicate that while the property is well-maintained and functional, it requires minor updates and renovations, particularly in the kitchen and bathrooms, to meet current aesthetic standards.
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 = 7841, living area = 1712.
- Prime Location & Amenities
Located in the highly sought-after Sagewood community, offering proximity to shopping, dining, travel conveniences, and within a great school district.
- Resort-Style Outdoor Living
Features a private, resort-style backyard with a Pebble Tech/Saltwater pool and spa, mature landscaping, and a privacy wall, ideal for desert living and entertaining.
CONSRISKS & DEFICIENCIES
- Cosmetic Repair Needs
The property requires some cosmetic repairs that the current homeowner cannot address, necessitating additional investment from the buyer.
- Age of Structure
Built in 1982, the home is over 40 years old, which may imply older underlying systems or components that could require future attention despite recent updates.
- Price Reduction History
Multiple price reductions from the original list price suggest potential market resistance or an initial overvaluation, which could influence buyer perception.
About 40472 Periwinkle Court
Prime Palm Desert location in the highly sought-after Sagewood community! This beautifully maintained 3-bedroom, 2-bathroom home offers 1,712 square feet of comfortable living space, just minutes from shopping, dining, and travel conveniences. Outstanding features include solar panels for substantial energy savings, whole-house RO water filtration system, stunning privacy wall with lush landscaping, underground irrigation, new sliders, windows, and flooring throughout. Pebble Tech/Saltwater pool and spa. The resort-style backyard showcases mature landscaping and a sparkling saltwater pool, perfect for desert living and entertaining. Great school district! Don’t miss this opportunity to own in one of Palm Desert’s most desirable communities of Sagewood! This home is listed under market value and will sell quickly! Don't miss your opportunity today! Home does need some cosmetic repairs that the homeowner cannot take care of. SELLER IS MOTIVATED AND WILL LOOK AT ALL OFFERS!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1982
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $120.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
James Earl Carter Elementary School
Grades K-5 • 1.1 mi
Palm Desert High School
Grades 9-12 • 2.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 1,712 | 2,252 | 29% |
| Lot Size | 7,841 | 10,018 | 30% |
| Price | $575.0K | $867.0K | 24% |
| Price per sq ft | $336 | $390 | 32% |
| Built year | 1982 | 1983 | 49% |
| HOA | $120.0 | $0 | 60% |
| Days on market | 124 | 160 | 24% |
Pricing History
Listed for Sale
Dec 9, 2025
$575,000
$599,000
-4% Price Drop
Initial Listing
Price Change
Nov 21, 2025
$599,000
$650,000
-8% Price Drop
Initial Listing
Price Change
Nov 3, 2025
$650,000
Initial Listing
Sold
Jun 30, 2021
$545,000
Public Record
Sold
Apr 6, 2017
$343,000
Public Record
Sold
Aug 18, 2010
$225,000
Public Record
Sold
Nov 20, 1998
$160,000
Public Record