
Palm Desert, California 92211
This Spacious Desert Estate is a Strong Value Opportunity, listed at $1,450,000—positioned well below the $1,570,282 Fair Market Value by 7%. This valuation gap provides $120,282 in Instant Equity. Boasting a Good Condition Rating, the 3,310 sqft Palo Verde 5 floor plan includes a private casita and panoramic golf course views of the 13th hole. Located in the prestigious Indian Ridge community near top-rated schools, this furnished residence balances lifestyle luxury with immediate financial upside. It is an ideal acquisition for Luxury Homeowners or Seasonal Residents seeking a premier desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 405 White Horse Trail Subject | $1,399,000* List Price | 4 | 5 | 3,310 | $423 | - |
A 409 Bouquet Canyon Drive Sold | $1,000,000 | 4 | 5 | 3,203 | $312 | 0.3 mi |
B 109 Rainbird Circle Sold | $1,300,000 | 3 | 4 | 2,473 | $526 | 0.2 mi |
C 903 Red Arrow Trail Sold | $1,350,000 | 3 | 4 | 2,682 | $503 | 0.9 mi |
D 310 Running Springs Drive Sold | $1,100,000 | 3 | 5 | 3,144 | $350 | 0.6 mi |
E 229 White Horse Trail Active | $1,249,000 List Price | 3 | 4 | 2,712 | $461 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1996, the property is in move-in ready condition and has been exceptionally well-maintained. The kitchen features high-end stainless steel appliances and updated finishes that suggest significant maintenance or partial renovation within the last 15 years. The bathrooms are clean and well-appointed, and the overall interior—including flooring and light fixtures—shows minimal wear and tear, aligning with the 'Good' criteria for a well-maintained home of this age.
Situated on an elevated lot overlooking the lake and the 13th hole of the Grove Course, the property offers exceptional panoramic mountain and water views that command a premium.
The Palo Verde 5 floor plan features 3,310 square feet of living space, including a private casita and en-suite bathrooms for every bedroom, providing maximum privacy and flexibility for guests or a home office.
The home is being sold furnished per inventory, offering a seamless move-in experience and immediate utility within the prestigious Indian Ridge community.
While club membership is available immediately, the highly coveted golf membership is currently subject to a waitlist, which may deter buyers looking for immediate course access.
The monthly association fee of $1,265.30 represents a significant recurring carrying cost that may impact the overall affordability and appeal for some investors.
This impressive Palo Verde 5 floor plan offers approximately 3,310 square feet of well-designed living space with 4 bedrooms, 4.5 bathrooms, including a private casita, ideal for guests or a home office. Paved walkways lead through the front courtyard, creating an inviting arrival experience. Set on an elevated lot overlooking the lake and the 13th hole of the Grove Course, the home captures stunning panoramic mountain views and serene water vistas. The interior features a spacious living room and a separate family room, providing flexibility for both entertaining and everyday living. The generous primary suite offers a peaceful retreat with two walk-in closets and a well-appointed bath. Each guest bedroom includes its own en-suite bathroom, ensuring comfort and privacy for all. This thoughtfully designed home blends space, views, and classic desert elegance in a premier golf course setting. Home is being sold furnished per inventory list. Club Membership available immediately and Golf Membership available per wait list.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 2.1 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 98% |
| Baths | 5.0 | 2.0 | 98% |
| Square foot | 3,310 | 1,585 | 99% |
| Lot Size | 6,970 | 2,614 | 98% |
| Price | $1.40M | $470.5K | 99% |
| Price per sq ft | $423 | $318 | 89% |
| Built year | 1996 | 1987 | 92% |
| HOA | $1265.3 | $845 | 83% |
| Days on market | 77 | 162 | 13% |
Apr 15, 2026
$1,399,000
$1,450,000
-4% Price Drop
Initial Listing
Feb 5, 2026
$1,450,000
Initial Listing
Apr 4, 1997
$461,000
Public Record