40747 Palm Court, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 3 bath
40747 Palm Court
Palm Desert, California 92260
Property Price
SUMMARY
Analysis of 40747 Palm Court, Palm Desert, California 92260 reveals a Fairly Priced Property with a current list price of $809,000 aligned with the estimated $809,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40747 Palm Court Subject | $809,000* List Price | 3 | 3 | 2,727 | $297 | - |
A 40399 Corte Placitas Sold | $850,000 | 4 | 4 | 2,781 | $306 | 0.1 mi |
B 74048 Via Vittorio Sold | $930,000 | 3 | 4 | 2,774 | $335 | 0.9 mi |
C 40810 Centennial Circle Sold | $875,000 | 4 | 4 | 2,648 | $330 | 0.1 mi |
D 41728 Via Treviso Sold | $820,000 | 3 | 3 | 2,474 | $331 | 1.0 mi |
E 40617 Palm Court Sold | $1,036,000 | 3 | 4 | 3,085 | $336 | 0.1 mi |
F 40840 Centennial Circle Sold | $840,000 | 4 | 4 | 2,505 | $335 | 0.1 mi |
G 40785 Avenida Rosario Active | $799,999 List Price | 3 | 4 | 2,477 | $323 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2003, this home is move-in ready with no immediate renovations required. While the kitchen cabinets and bathroom tiled countertops reflect a more traditional style from its original build, they are clean and well-maintained. Crucially, the property boasts extensive recent system upgrades, including a new roof underlayment (2020), pool equipment (2023), bedroom A/C condenser/coil (2021), and water heater (2022), ensuring major systems are functional and within their expected lifespan. The interior features fresh paint, porcelain tile flooring in main areas, new ceiling fans, new primary suite light fixtures, and smart color-changing bulbs, indicating good upkeep and some modern cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Owned Solar System
The home features an owned solar system that transfers to the Buyer at no cost, providing significant long-term energy cost savings and environmental benefits.
- Extensive Recent System Upgrades
Major components such as the roof underlayment (2020), pool equipment (2023), bedroom A/C condenser/coil (2021), and water heater (2022) have been recently replaced, minimizing immediate maintenance concerns for a buyer.
- Private Outdoor Entertainment Oasis
An expansive backyard with southern and western mountain views, a saltwater pool with spa and water feature creates an ideal setting for relaxation and entertaining.
CONSRISKS & DEFICIENCIES
- Recent Price Reduction
The property has undergone a recent price reduction from $839,000 to $809,000, which may suggest a longer market time or initial overpricing, potentially influencing buyer perception.
- Age of Core Structure
Despite numerous recent upgrades, the home was built in 2003, meaning some underlying structural or design elements may not align with the latest contemporary standards, potentially requiring further aesthetic updates for some buyers.
- Limited Specifics on Overall Interior Design
While certain cosmetic updates are mentioned (paint, tile), the description doesn't detail a comprehensive modern interior design, which might leave some areas feeling less updated for buyers seeking a fully renovated aesthetic.
About 40747 Palm Court
Corner lot on a quiet cul-de-sac with no HOA, this elegant 3BD/2.5BA home boasts soaring ceilings and a grand great room anchored by a marble gas fireplace. Freshly painted interior and porcelain tile flooring throughout. Kitchen includes center island, large pantry, butler's pantry, and wine refrigerator. Smart color-changing light bulbs installed throughout the home so you control the hue. New ceiling fans in kitchen, guest bedrooms, patio, and primary bedroom. New light fixtures in the primary suite. Guest bedrooms offer shutters; custom window coverings throughout most of the home. Expansive backyard with southern and western mountain views, saltwater pool with spa and water feature--ideal for entertaining. Freshly mowed front and rearlawns. The home features an owned solar system that transfers to the Buyer at no cost. Recent upgrades include a roof tile reset with new underlayment and solar reinstallation (2020), pool heater, filter housing, and salt system replacement (2023), bedroom A/C condenser and coil replacement (2021), and a new water heater (2022). Palm Desert residents are eligible for theDesert Willow Golf resident program.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 9,148 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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
Palm Desert High School
Grades 9-12 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,727 | 2,309 | 62% |
| Lot Size | 9,148 | 10,018 | 45% |
| Price | $809.0K | $867.0K | 43% |
| Price per sq ft | $297 | $390 | 9% |
| Built year | 2003 | 1983 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 161 | 12% |
Pricing History
Listed for Sale
Feb 4, 2026
$809,000
$839,000
-4% Price Drop
Initial Listing
Price Change
Dec 16, 2025
$839,000
Initial Listing
Sold
Sep 25, 2009
$395,000
Public Record
Sold
Nov 24, 2003
$450,000
Public Record
Sold
Dec 27, 2002
$395,500
Public Record
Sold
Aug 16, 2002
$86,500
Public Record