40649 Inverness Way, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath
40649 Inverness Way
Palm Desert, California 92211
Property Price
SUMMARY
Analysis of 40649 Inverness Way, Palm Desert, California 92211 is currently available with a list price of $395,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Palm Desert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and has been significantly updated despite its 1981 build date. Key features include an opened-up kitchen with modern stone countertops and stainless steel appliances, updated bathrooms with contemporary tile work and glass enclosures, and upgraded systems such as a tankless water heater. The interior features modern tile flooring and recessed lighting, showing minimal wear and tear and a style that aligns with current market expectations.
PROSSTRENGTHS & OPPORTUNITIES
- Short-Term Rental Potential
The property permits short-term rentals, offering a significant advantage for investors seeking vacation rental income or owners looking for a flexible second-home opportunity.
- Significant Modern Upgrades
Key enhancements including an added 2-car garage, a tankless water heater, and an expanded patio with an Alumawood cover provide modern convenience and superior outdoor living space.
- Premier Resort Amenities
Located in the Palm Desert Resort & Country Club, residents enjoy access to 18 holes of championship golf, pickleball, tennis, and a vibrant clubhouse, ensuring an active lifestyle.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2428, other record lot size in square feet = 2613.
- High Carrying Costs
The monthly association fee of $845 is relatively high, which may impact the overall affordability for some buyers and reduce net yields for rental investors.
- Aging Infrastructure
Built in 1981, the property and the surrounding community infrastructure may require more frequent maintenance or face future capital improvement assessments compared to newer developments.
About 40649 Inverness Way
Beautiful, open and spacious Palm Desert Resort & Country Club condo -- perfect as a desert getaway or investment. This bright 2-bedroom + den, 2-bath residence features an opened-up kitchen flowing to the living area, creating an ideal space for shared ownership, family and friends. The living room thoughtfully separates the bedroom suites for privacy. Upgrades include an added 2-car garage, tankless water heater, and an expanded patio with an Alumawood cover -- perfect for outdoor entertaining. Short-term rentals are permitted, making this a perfect vacation rental or second-home opportunity. Don't miss this move-in-ready, expanded condo in a premier resort community. Located in the vibrant Palm Desert Resort and Country Club, residents enjoy access to 18 championship holes of golf, plus facilities for pickleball, tennis, and bocce. The active clubhouse offers a variety of activities, and short-term rentals are permitted, making it a perfect blend of luxury living and recreational options, ideal for both relaxation and an active lifestyle.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 2,428 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $845.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Ronald Reagan Elementary School
Grades K-5 • 0.5 mi
Gerald R. Ford Elementary School
Grades K-5 • 1.9 mi
Colonel Mitchell Paige Middle School
Grades 6-8 • 1.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,294 | 1,598 | 23% |
| Lot Size | 2,428 | 2,613 | 46% |
| Price | $395.0K | $471.0K | 27% |
| Price per sq ft | $305 | $320 | 43% |
| Built year | 1981 | 1988 | 6% |
| HOA | $845.0 | $845 | 50% |
| Days on market | 55 | 154 | 8% |
Pricing History
Listed for Sale
Jan 11, 2026
$395,000
Initial Listing
Sold
Oct 13, 2000
$131,000
Public Record