40605 Posada Court, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
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40605 Posada Court
Palm Desert, California 92260
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,747Sq Ft
7,841Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$585,067
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $599,000—positioned well below the $585,067 Fair Market Value by -2%. While the home maintains a Condition Rating of 4, the interior offers significant potential for modernization to drive appreciation. Featuring a private pool, spa, and oversized cul-de-sac lot, this property provides a rare lifestyle foundation near top-rated schools like James Earl Carter Elementary. It is an ideal acquisition for Owner-Occupants seeking value or Buy-and-Hold Investors targeting long-term equity growth.
Estimated Market Value
$585,067
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40605 Posada Court Subject 3 bd · 2 ba · 1,747 sqft · $335 | $599,000* List Price | 3 | 2 | 1,747 | $335 | - |
A 40530 Glenwood Lane Sold 3 bd · 3 ba · 2,052 sqft · $317 · 0.3 mi | $650,000 | 3 | 3 | 2,052 | $317 | 0.3 mi |
B 40622 Cabana Court Sold 4 bd · 3 ba · 2,300 sqft · $278 · 0.2 mi | $640,000 | 4 | 3 | 2,300 | $278 | 0.2 mi |
C 40761 Hovley Court Sold 3 bd · 2 ba · 2,416 sqft · $290 · 0.3 mi | $700,000 | 3 | 2 | 2,416 | $290 | 0.3 mi |
D 40464 Periwinkle Court Active Under Contract 3 bd · 2 ba · 1,832 sqft · $327 · 0.3 mi | $599,000 List Price | 3 | 2 | 1,832 | $327 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1990, the home shows pride of ownership and is well-maintained, but the kitchen is dated with older tile countertops, a fluorescent light box, and older appliances that will require updating.
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 = 1747.
- Exceptional Market Value
Priced significantly below recent neighborhood sales, this property represents a high-value opportunity in a desirable, low-turnover Palm Desert community.
- Premium Cul-de-Sac Lot
The oversized lot is situated at the end of a quiet cul-de-sac, offering enhanced privacy, mountain views, and a complete outdoor retreat with a private pool and spa.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Built in 1990 and held long-term, the interior may require cosmetic updates or renovations to meet the aesthetic preferences of contemporary buyers.
- Modest Interior Scale
With 1,747 square feet of living space, the home may feel compact for buyers specifically seeking the expansive floor plans common in newer luxury desert developments.
About 40605 Posada Court
Welcome to one of Sonata 2's hidden gems -- a 1,747 sq ft, well maintained residence tucked at the end of a quiet cul-de-sac on an oversized lot. This 3 bed, 2 bath home has not been offered for sale since 2000, reflecting decades of thoughtful upkeep and pride of ownership.The spacious interior flows effortlessly to a private backyard retreat featuring a pool, and generous outdoor space perfect for relaxing or entertaining. With a 2-car garage, excellent natural light, and a layout that feels larger than its square footage, this home delivers comfort and livability in one of Palm Desert's most desirable low-turnover communities.Rarely does anything become available in Sonata 2 -- and even more rare at a price significantly below recent neighborhood sales. A standout opportunity for buyers seeking quality, privacy, and value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- 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
- $0 / Month
Neighborhood Insights
Palm Desert Unified Schools
James Earl Carter Elementary School
Grades K-5 • 0.9 mi
8/10
Palm Desert High School
Grades 9-12 • 2.1 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,747 | 2,058.132 |
| Lot Size | 7,841 | 7,541.284 |
| Price | $599.0K | $629.6K |
| Price per sq ft | $343 | $309 |
| Built year | 1990 | 1997 |
| HOA | $0 | $398 |
| Days on market | 45 | 79 |
Pricing History
Listed for Sale
Sep 10, 2026
$599,000
Initial Listing
Sold
May 25, 2000
$219,000
Public Record