RealKey
‪(213) 433-7766‬

40472 Periwinkle Court, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath

40472 Periwinkle Court, Palm Desert, California 92260 home-pic-0
ACTIVE$575,000
40472 Periwinkle Court, Palm Desert, California 92260
3Beds
2Baths
1,712Sqft
7,841Lot

Price Vs. Estimate

The estimated value ($565,759.775) is $9,240.225 (1%) lower than the list price ($575,000). This property may be overpriced.

Key pros and cons

Top Pros:
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.
Top Cons:
Required Cosmetic Repairs: The property explicitly needs cosmetic repairs that the current homeowner will not address, necessitating immediate investment and effort from the buyer.

Compared to the nearby listings

Price:$575.0K vs avg $822.5K ($-247,500)22%
Size:1,712 sqft vs avg 2,153.5 sqft27%
Price/sqft:$336 vs avg $37136%

More Insights

Built in 1982 (43 years old).
Condition: The property, built in 1982, benefits from significant recent updates including new sliders, windows, and flooring throughout, along with modern amenities like solar panels and a whole-house RO water filtration system. However, the kitchen features very dated blue tile countertops and backsplash, older white cabinets, and mixed appliances (newer range, older dishwasher), indicating it has not been recently renovated and requires substantial cosmetic updates to meet current standards. The listing also explicitly states that 'Home does need some cosmetic repairs that the homeowner cannot take care of.' While functional, the kitchen's outdated style and the need for general cosmetic repairs prevent it from being classified as 'Good' or 'Excellent' despite the other improvements.
Year Built
1982
Close
-
List price
$575K
Original List price
$650K
Price/Sqft
$336
HOA
$120
Days on market
-
Sold On
-
MLS number
OC25253179
Home ConditionFair
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

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 (no electric bill all yr) for substantial energy savings, whole-house RO water filtration system, stunning privacy wall with lush landscaping, under ground 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. ASSUMABLE LOAN UNDER 2.38%. SELLER WILL LOOK AT ALL OFFERS!

Nearby schools

8/10
James Earl Carter Elementary School
Public,•K-5•1.1mi
7/10
Palm Desert High School
Public,•9-12•2.4mi

Price History

Date
Event
Price
11/20/98
Sold
$160,000
06/30/21
Sold
$545,000
04/06/17
Sold
$343,000
08/18/10
Sold
$225,000
Condition Rating
Fair
The property, built in 1982, benefits from significant recent updates including new sliders, windows, and flooring throughout, along with modern amenities like solar panels and a whole-house RO water filtration system. However, the kitchen features very dated blue tile countertops and backsplash, older white cabinets, and mixed appliances (newer range, older dishwasher), indicating it has not been recently renovated and requires substantial cosmetic updates to meet current standards. The listing also explicitly states that 'Home does need some cosmetic repairs that the homeowner cannot take care of.' While functional, the kitchen's outdated style and the need for general cosmetic repairs prevent it from being classified as 'Good' or 'Excellent' despite the other improvements.
Pros & Cons

Pros

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 & Community: Situated in the highly sought-after Sagewood community in Palm Desert, offering proximity to shopping, dining, travel conveniences, and a great school district.
Significant Energy & Water Savings: Equipped with solar panels, resulting in no electric bill for the entire year, and a whole-house RO water filtration system, providing substantial utility cost savings and convenience.
Resort-Style Outdoor Living: Features a Pebble Tech/Saltwater pool and spa, mature landscaping, a stunning privacy wall, and underground irrigation, creating an ideal environment for desert entertaining.
Recent Major Upgrades: The home benefits from new sliders, windows, and flooring throughout, enhancing its condition, aesthetic appeal, and energy efficiency.
Attractive Financing Opportunity: An assumable loan with a very low interest rate (under 2.38%) offers a significant financial advantage for qualified buyers, potentially reducing monthly mortgage payments.

Cons

Required Cosmetic Repairs: The property explicitly needs cosmetic repairs that the current homeowner will not address, necessitating immediate investment and effort from the buyer.
Ongoing Association Fees: A monthly association fee of $120 adds to the recurring costs of homeownership, which may be a consideration for budget-conscious buyers.
Potential for Older Systems: Built in 1982, despite recent cosmetic updates, other major systems (e.g., HVAC, plumbing, electrical) may be original or older, potentially requiring future maintenance or replacement.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state