40504 Corte Placitas, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 3 bath

40504 Corte Placitas, Palm Desert, California 92260 home-pic-0
ACTIVE$789,000$2,395/sqft
Est. Value: $816,717
3%
BelowEstimate
40504 Corte Placitas, Palm Desert, California 92260
3Beds
3Baths
2,395Sqft
8,712Lot

Price Vs. Estimate

The estimated value ($816,716.765) is $27,716.765 (3%) higher than the list price ($789,000). This property may be underpriced.

Key pros and cons

Top Pros:
Exceptional Outdoor Living & Views: The property boasts a sparkling pool, spa, expansive lanai, and multiple patio areas, all set against breathtaking mountain views, creating an ideal desert lifestyle.
Top Cons:
Leased Solar System: The solar system is leased at $282 per month, representing an ongoing financial commitment that some buyers may prefer to avoid or convert to ownership.

Compared to the nearby listings

Price:$789.0K vs avg $829.0K ($-40,000)44%
Size:2,395 sqft vs avg 2,326 sqft51%
Price/sqft:$329 vs avg $37131%

More Insights

Built in 2005 (21 years old).
Condition: Built in 2005, this property is 19 years old and falls within the 'Good' age range. It is move-in ready with no immediate renovations required. The home features a newer HVAC system, leased solar, and updated elements like luxury vinyl plank flooring in select areas (including the primary suite) and upgraded LED lighting throughout. The kitchen boasts high-end stainless steel appliances, granite countertops, and an updated tile backsplash, though the cabinet style appears original to the build year. Bathrooms are well-maintained with stone countertops, a glass-enclosed shower, and a jetted tub. While not a full, recent, top-to-bottom renovation to 'Excellent' standards, the property shows consistent upkeep and strategic updates, ensuring major systems are functional and within their expected lifespan.
Year Built
2005
Close
-
List price
$789K
Original List price
$789K
Price/Sqft
$329
HOA
$146.96
Days on market
-
Sold On
-
MLS number
25627791PS
Home ConditionGood
Features
Excellent View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

Elegant Cul-de-Sac Retreat with Pool, Spa & Mountain Views! Tucked away on a quiet cul-de-sac in the heart of Palm Desert, this expansive three-bedroom, two-and-a-half-bath residence offers refined desert living with breathtaking mountain views, generous entertaining spaces, and seamless indoor-outdoor flow. Inside, the home is beautifully appointed with 14" tile flooring, luxury vinyl plank in select areas, cellular window treatments, and upgraded LED lighting throughout. The expansive open kitchen is designed for both everyday living and entertaining, featuring granite countertops, tile backsplash, high-end stainless steel appliances, a wet bar with wine fridge, and a breakfast bar with ample seating. The great room is warm and inviting, anchored by a tiled gas fireplace with custom built-in cabinetry and shelving - perfect for housing audiovisual equipment and enhanced by built-in rear-channel speakers. Adjacent to the living area, a versatile flex space currently serves as a game room but easily transitions into a formal dining or additional seating area, all while capturing stunning mountain views. An informal dining area just off the breakfast bar features glass French doors that open to an expansive side yard with custom tiered hardscape and artificial turf, creating a tranquil setting framed by the surrounding mountains. The primary suite is a true retreat, offering updated vinyl plank flooring, recessed LED lighting, a stylish fandelier, and glass French doors with invisible screens that open directly to the lanai - perfect for enjoying the desert lifestyle year-round. The spa-inspired ensuite bath features dual sinks with stone countertops, a glass-enclosed shower with bench, a jetted soaking tub, and a spacious walk-in closet. Two additional bedrooms are generously sized and filled with natural light, sharing a well-appointed pass-through bathroom with dual sinks and a shower/tub combination. Outdoors, the property truly shines. The expansive lanai and extended patio create multiple areas for relaxing and entertaining, while the yard wraps around to the front of the home where a sparkling pool and spa await - set against dramatic mountain views that define desert living at its finest. Additional highlights include leased solar ($282 mo), a large laundry room, newer HVAC system, and an oversized, insulated, climate-controlled 2.5-car garage with epoxy-sealed floors and a 240v outlet for an EV charger. Ideally located near Albertsons and Bristol Farms shopping centers, this home offers convenient access to grocery stores, dining, and everyday amenities. This is a rare opportunity to enjoy space, comfort, and stunning scenery in a prime Palm Desert location.

T
The Morgner Group
Listing Agent

Nearby schools

8/10
James Earl Carter Elementary School
Public,K-50.7mi
7/10
Palm Desert High School
Public,9-121.9mi

Price History

Date
Event
Price
11/21/17
Sold
$460,000
04/07/06
Sold
$726,000
Condition Rating
Good

Built in 2005, this property is 19 years old and falls within the 'Good' age range. It is move-in ready with no immediate renovations required. The home features a newer HVAC system, leased solar, and updated elements like luxury vinyl plank flooring in select areas (including the primary suite) and upgraded LED lighting throughout. The kitchen boasts high-end stainless steel appliances, granite countertops, and an updated tile backsplash, though the cabinet style appears original to the build year. Bathrooms are well-maintained with stone countertops, a glass-enclosed shower, and a jetted tub. While not a full, recent, top-to-bottom renovation to 'Excellent' standards, the property shows consistent upkeep and strategic updates, ensuring major systems are functional and within their expected lifespan.
Pros & Cons

Pros

Exceptional Outdoor Living & Views: The property boasts a sparkling pool, spa, expansive lanai, and multiple patio areas, all set against breathtaking mountain views, creating an ideal desert lifestyle.
Modern & Upgraded Kitchen: The expansive open kitchen features granite countertops, high-end stainless steel appliances, a wet bar with a wine fridge, and a breakfast bar, perfect for entertaining.
Luxurious Primary Suite: The primary suite offers updated vinyl plank flooring, recessed LED lighting, a fandelier, French doors to the lanai, and a spa-inspired ensuite bath with a jetted soaking tub and walk-in closet.
Energy Efficiency & Modern Conveniences: Equipped with a newer HVAC system, leased solar, and an oversized, insulated, climate-controlled 2.5-car garage with an EV charger outlet, enhancing comfort and utility.
Prime Location & Versatile Layout: Situated on a quiet cul-de-sac in the heart of Palm Desert with convenient access to amenities, and includes a versatile flex space adaptable to various needs.

Cons

Leased Solar System: The solar system is leased at $282 per month, representing an ongoing financial commitment that some buyers may prefer to avoid or convert to ownership.
Ongoing Association Fees: A monthly association fee of $146.96 adds to the recurring cost of homeownership, which can be a consideration for budget-conscious buyers.
Potential for Partial Updates: While many areas are updated, the description mentions 'luxury vinyl plank in select areas' and 'updated vinyl plank flooring' in the primary suite, suggesting some original 2005 elements might remain in other parts of the home.
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