40729 Preston Trail, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath
40729 Preston Trail
Palm Desert, California 92260
Property Price
SUMMARY
Analysis of 40729 Preston Trail, Palm Desert, California 92260 is currently available with a list price of $370,000. 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 features significant modern upgrades including granite and quartz countertops, stainless steel kitchen appliances, and uniform tile flooring throughout. While the structure dates back to 1983, the interior has been well-maintained and updated with plantation shutters, vaulted ceilings, and renovated bathrooms. It shows minimal wear and tear and does not require immediate renovation, fitting the criteria for a high-quality, well-maintained home.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Golf Course Location
Situated directly on the 13th fairway, this property offers exceptional mountain and scenic fairway views, providing a premium desert living experience.
- Extensive Community Amenities
The gated community features an impressive array of amenities, including 20 pools and spas, 28 pickleball courts, and 24/7 security, ensuring a high-quality resort lifestyle.
- Turnkey Upgraded Interior
The condo comes fully furnished with modern upgrades such as granite and quartz countertops, tile flooring throughout, and vaulted ceilings, making it move-in ready.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
At $845 per month, the association fees are significant and may impact the overall affordability or return on investment for potential buyers.
- Lack of Enclosed Garage
The property features a two-car carport rather than a fully enclosed garage, which offers less protection from the desert heat and limited secure storage.
About 40729 Preston Trail
Beautiful and charming 2BR 2BA 2Car carport attached condo on the 13th fairway with scenic mountain and fairway views. Condo is completely furnished with upgrades including granite and quartz countertops, tile flooring throughout, plantation shutters, 2 king beds, 3TV, AC, vaulted ceilings, ceiling fans and kitchen that overlooks into living creating open concept. Enjoy early morning sunrise and sunsets while sipping coffee enjoying golfers and breathtaking views. Pergola creates additional shade and extra protection from hot summers. PDRCC amenities include 20 pools and spas, 28 pickleball courts, 7 tennis courts, bocce ball, golf, pro shop, clubhouse, cafe, 24/7 security and more all within this gated community.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1983
- Lot Size
- 2,613 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 • 0.4 mi
Gerald R. Ford Elementary School
Grades K-5 • 1.9 mi
Colonel Mitchell Paige Middle School
Grades 6-8 • 1.6 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 | 1,184 | 1,548 | 18% |
| Lot Size | 2,613 | 2,555 | 51% |
| Price | $370.0K | $489.0K | 17% |
| Price per sq ft | $312 | $323 | 39% |
| Built year | 1983 | 1979 | 80% |
| HOA | $845.0 | $750 | 77% |
| Days on market | 113 | 157 | 29% |
Pricing History
Listed for Sale
Mar 6, 2026
$370,000
$375,000
-1% Price Drop
Initial Listing
Price Change
Jan 6, 2026
$375,000
$385,000
-3% Price Drop
Initial Listing
Price Change
Nov 14, 2025
$385,000
Initial Listing
Sold
Nov 17, 2020
$230,000
Public Record
Sold
Dec 31, 2013
$215,000
Public Record
Sold
Apr 19, 2001
$161,000
Public Record
Sold
Sep 16, 1999
$118,000
Public Record
Sold
Jan 24, 1995
$93,500
Public Record