40726 Eastwood, Palm Desert, California 92211, Palm Desert, 92211 - 5 bed, 3 bath
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Palm Desert, California 92211
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $720,000—positioned well below the $732,672 Fair Market Value by 1%. This valuation gap offers $12,672 in Instant Equity. With a Fair Condition Rating, the home features a versatile 5-bedroom layout with an attached casita, a private pool/spa, and scenic mountain views. Located in the Desert Sands Unified district, it is an ideal choice for Owner-Occupants seeking multi-generational living or Buy-and-Hold Investors looking for a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40726 Eastwood Subject | $720,000* List Price | 5 | 3 | 2,601 | $282 | - |
A 77619 Ashberry Court Sold | $672,875 | 4 | 3 | 2,600 | $259 | 0.2 mi |
B 77516 Marlowe Court Sold | $655,000 | 3 | 2 | 2,018 | $325 | 0.2 mi |
C 77553 Carinda Court Sold | $649,000 | 3 | 3 | 1,941 | $334 | 0.2 mi |
D 77625 Westbrook Court Sold | $745,000 | 4 | 3 | 2,601 | $286 | 0.2 mi |
E 77671 Barons Circle Sold | $605,000 | 3 | 3 | 1,941 | $312 | 0.4 mi |
F 109 Batista Court Sold | $875,000 | 4 | 3 | 2,867 | $305 | 0.8 mi |
G 77648 Marlowe Court Active | $800,000 List Price | 5 | 4 | 2,900 | $276 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, this 28-year-old property falls into the 'Fair' category as it exceeds the 20-year mark without evidence of a full modern renovation. While the home appears well-maintained and features some updates like laminate flooring and solar, the bathroom images reveal original 1990s-style white tile countertops and oak cabinetry. The kitchen and systems are likely of a similar vintage, making the home functional but dated and in need of cosmetic updates to meet modern standards.
This property features a rare 5-bedroom configuration including an attached casita, providing excellent flexibility for multi-generational living, guest quarters, or a private home office.
At only $200 per month, the low HOA fee offers exceptional value by including both cable TV and internet services, significantly reducing monthly utility overhead for the homeowner.
The backyard is a premier feature with a private pool and spa combo, partial patio cover, and scenic mountain and desert views, making it an ideal space for year-round entertaining.
The solar system is leased rather than owned, which requires the buyer to assume a transferable contract and may be a point of contention for those preferring unencumbered ownership.
The property was sold in June 2024 for $650,000 and relisted shortly after at a higher price point; the recent $30,000 price reduction within 10 days of listing suggests a need to find the right market equilibrium.
This is a beautiful Home with an attached Casita for a total of 5 bed / 3 Bathrooms. Located inside the well known Whitehawk development, this is one of the largest homes build here. Low HOA is only $ 200.00 per month and includes Cable TV and Internet. A wonderful Pool/Spa combo and partial Patio cover in the backyard make this a great home to entertain, rain or shine. A leased solar system (transferable) make this one of the most efficient homes here in the Coachella Valley. Close to shopping, Restaurants and Medical centers, don't let his one get away
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,601 | 2,040 |
| Lot Size | 7,841 | 7,405 |
| Price | $720.0K | $634.5K |
| Price per sq ft | $277 | $325 |
| Built year | 1998 | 1994 |
| HOA | $200.0 | $398 |
| Days on market | 26 | 74 |
Jul 6, 2026
$720,000
$750,000
-4% Price Drop
Initial Listing
Jun 26, 2026
$750,000
Initial Listing
Jun 7, 2024
$650,000
Public Record
Oct 12, 2016
$426,000
Public Record
Feb 26, 1999
$203,000
Public Record