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40514 Bay Hill Way, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath

40514 Bay Hill Way, Palm Desert, California 92211 home-pic-0
ACTIVE$345,000
40514 Bay Hill Way, Palm Desert, California 92211
2Beds
2Baths
938Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Community Amenities & Lifestyle: Located within the Palm Desert Resort Country Club, the property offers an unparalleled resort lifestyle with 28 pickleball courts, 7 tennis courts, 20 pools & spas, a clubhouse, cafe, and pro-shop, fostering a vibrant social environment.
Top Cons:
High Monthly Association Fees: The association fee of $845.00 per month is substantial, adding a significant recurring cost to ownership, which could impact affordability and long-term investment returns.

Compared to the nearby listings

Price:$345.0K vs avg $445.0K ($-100,000)16%
Size:938 sqft vs avg 1,497 sqft5%
Price/sqft:$368 vs avg $31179%

More Insights

Built in 1981 (44 years old).
Condition: Despite being built in 1981, this property has undergone an extensive and high-quality renovation, bringing its interior to current standards. The kitchen features modern dark shaker cabinets, light granite countertops, newer stainless steel appliances, and recessed lighting, all in pristine condition. Both bathrooms are similarly remodeled with contemporary vanities, granite countertops, updated fixtures, and modern tiling in the shower. The entire living space benefits from new laminate flooring, fresh custom paint, and updated lighting and ceiling fans. The property is described as 'turnkey,' indicating it's move-in ready with no deferred maintenance on the visible components, aligning with the 'extensively renovated within 5 years' aspect of the excellent criteria, even if the exact renovation date isn't specified, the aesthetic is very current.
Year Built
1981
Close
-
List price
$345K
Original List price
$365K
Price/Sqft
$368
HOA
$845
Days on market
-
Sold On
-
MLS number
PW25150926
Home ConditionExcellent
Features
Good View: Golf Course
Patio
ViewGolf Course

About this home

Priced to sell to a buyer who is ready to enjoy this season! Welcome to 40514 Bay Hill, located on the 13th green behind the gates of the Palm Desert Resort Country Club. This is the PERFECT short term rental or full time home, being delivered turnkey! 'PDR' is home of the largest and best pickleball facility in the Coachella Valley featuring 28 pickleball courts and 7 tennis courts. This beautiful Olympic floor plan features a remodeled kitchen open to the family room, newer stainless appliances, laminate flooring, recessed lighting, ceiling fans, custom paint throughout, upscale designer furnishings, remodeled bathrooms (one full, one half), and a spectacular view of the golf course. The extended patio is perfect for al dente dining, and BBQs with friends & family. Location is prime with a pool close by and a short distance to the clubhouse, pickleball & tennis. 'PDR' is known for its social and resort living where you don't have to start your car for days. With 20 pools & spas, 28 pickleball courts, 7 tennis courts, clubhouse, cafe, pro-shop, boccee ball & more. It's the perfect resort life. The clubhouse opened on Wednesday, November 29 and the golf course is to follow on November 1. PDR does allow short term rentals. The community is close to Indian Wells Tennis Gardens, Polo fields, El Paseo's fine dining and shopping, Acrisure Arena and the Coachella concerts.

Nearby schools

6/10
Ronald Reagan Elementary School
Public,•K-5•0.4mi
8/10
Gerald R. Ford Elementary School
Public,•K-5•1.9mi
5/10
Colonel Mitchell Paige Middle School
Public,•6-8•1.6mi
7/10
Palm Desert High School
Public,•9-12•2.9mi
Condition Rating
Excellent
Despite being built in 1981, this property has undergone an extensive and high-quality renovation, bringing its interior to current standards. The kitchen features modern dark shaker cabinets, light granite countertops, newer stainless steel appliances, and recessed lighting, all in pristine condition. Both bathrooms are similarly remodeled with contemporary vanities, granite countertops, updated fixtures, and modern tiling in the shower. The entire living space benefits from new laminate flooring, fresh custom paint, and updated lighting and ceiling fans. The property is described as 'turnkey,' indicating it's move-in ready with no deferred maintenance on the visible components, aligning with the 'extensively renovated within 5 years' aspect of the excellent criteria, even if the exact renovation date isn't specified, the aesthetic is very current.
Pros & Cons

Pros

Exceptional Community Amenities & Lifestyle: Located within the Palm Desert Resort Country Club, the property offers an unparalleled resort lifestyle with 28 pickleball courts, 7 tennis courts, 20 pools & spas, a clubhouse, cafe, and pro-shop, fostering a vibrant social environment.
Strong Short-Term Rental Potential: The community explicitly allows short-term rentals, and the property is described as 'turnkey' and 'perfect' for this purpose, presenting a significant income-generating opportunity.
Turnkey & Recently Remodeled Interior: The unit boasts a remodeled kitchen with newer stainless appliances, updated bathrooms, laminate flooring, recessed lighting, custom paint, and upscale designer furnishings, making it move-in ready and appealing.
Prime Golf Course Location & Views: Situated on the 13th green, the property offers spectacular golf course views and an extended patio ideal for outdoor dining and entertaining, enhancing its desirability.
Strategic Location & Accessibility: Beyond the community, it's conveniently close to major attractions like Indian Wells Tennis Gardens, Polo fields, El Paseo's dining/shopping, Acrisure Arena, and Coachella concerts, adding to its appeal for residents and renters.

Cons

High Monthly Association Fees: The association fee of $845.00 per month is substantial, adding a significant recurring cost to ownership, which could impact affordability and long-term investment returns.
Age of Property (1981 Build): Despite interior remodels, the property's 1981 construction year suggests that major systems (e.g., plumbing, electrical, HVAC) outside of the cosmetic updates might be original or older, potentially leading to future maintenance or replacement costs.
Compact Living Space: With 938 square feet for a 2-bedroom, 2-bathroom unit, the living space is relatively compact, which might not appeal to buyers seeking more spacious accommodations or those with larger families.

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