
Palm Desert, California 92260
This Spacious Palm Desert Residence is a Strong Value Opportunity, listed at $729,000—positioned well below the $778,454 Fair Market Value by 6%. This valuation gap provides $49,454 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the home features a Saltwater Pebble Tec Pool, Panoramic Mountain Views, and significant upgrades including a New Roof (2020) and Dual AC Units (2022). Located in the Desert Sands Unified district near James Earl Carter Elementary, this no-HOA property balances luxury with financial upside. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40761 Hovley Court Subject | $729,000* List Price | 3 | 2 | 2,416 | $321 | - |
A 40747 Palm Court Sold | $775,000 | 3 | 3 | 2,727 | $284 | 0.2 mi |
B 40810 Centennial Circle Sold | $875,000 | 4 | 4 | 2,648 | $330 | 0.3 mi |
C 40550 Ventana Court Sold | $590,000 | 3 | 3 | 2,093 | $282 | 0.4 mi |
D 40399 Corte Placitas Sold | $850,000 | 4 | 4 | 2,781 | $306 | 0.4 mi |
E 40504 Corte Placitas Active | $769,000 List Price | 3 | 3 | 2,395 | $321 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained for its 2001 construction. It features significant recent upgrades to major systems, including a new roof (2020) and dual AC replacements (2022). The interior boasts high-end architectural details like wood-beamed ceilings and a gourmet kitchen with granite countertops and double ovens. While the styling is consistent with its age rather than a full modern renovation, the lack of deferred maintenance and the quality of the finishes place it firmly in the 'good' category.
The property features major high-ticket improvements including a new roof installed in 2020 and both AC units replaced in 2022, offering peace of mind and reduced immediate maintenance costs for the buyer.
Situated in a desirable Palm Desert location near El Paseo and Bristol Farms, this home offers the rare advantage of no HOA fees while being on fee-simple land that you own.
With soaring wood-beamed ceilings and floor-to-ceiling glass walls, the home seamlessly connects the interior to a private saltwater pool and spa framed by stunning southern and western mountain views.
For a home exceeding 2,400 square feet with three bedrooms plus a den, the presence of only two bathrooms may be a drawback for larger families or those who frequently host guests.
While the property is gated and walled for privacy, its position on a corner lot may result in increased street visibility or ambient traffic noise compared to more secluded interior lots.
Welcome to 40761 Hovley Court in the desirable Hovley Estate area of Palm Desert. Positioned on a private, gated corner lot, this expansive 3-bedroom plus den/office/media room, 2-bath home offers approximately 2,400+ square feet of sun-drenched living space designed for both sophisticated entertaining and comfortable family living. Enter through the lush gated courtyard and formal double-door entry into an oversized great room for living and dining. From the moment you step inside, you are greeted by a view you can only dream of or find on a postcard, framed by a dramatic wall of floor-to-ceiling windows and sliders. Soaring wood-beamed ceilings, recessed lighting, and walls of glass create an airy, open atmosphere where natural light pours in throughout the day and golden sunsets become your nightly backdrop. The open gourmet chef's kitchen features granite countertops, double ovens, a generous island, breakfast area, walk-in pantry, and bar seating, all flowing seamlessly into the adjoining family room with fireplace--an inviting space for gatherings large or small. Thoughtful bedroom separation places the primary retreat and den on one side of the home, with two guest bedrooms and an adjoining bath on the other, offering ideal privacy. The primary suite is a true retreat with breathtaking mountain panoramas, featuring sliding glass doors that open directly onto the covered loggia, pool, and spa--creating a seamless indoor-outdoor connection. The suite also offers a generous walk-in closet, dual vanities, and a separate soaking tub and shower. Step outside to an entertainer's backyard designed to impress. Expansive southern and western desert views stretch across the horizon, while the sparkling saltwater Pebble Tec pool and spa, multiple lounging areas, and covered patio provide the perfect setting for relaxing or hosting under the desert sky. The property is fully walled and gated, ensuring privacy and security. Additional improvements include a new roof (2020), both AC units replaced (2022), pool equipment converted to a saline system (2020), desert-wise landscaping, side-yard dog run, stylish ceiling fans, a large laundry room with sink, and a 2-car plus golf cart garage. Enjoy an incredibly convenient location near Bristol Farms, El Paseo, with easy access to I-10 and just minutes to Rancho Mirage, Palm Desert, and Eisenhower Medical. Close to Albertson's, Si Bon French Bistro, Eureka, Oceana and more. No HOA and you own the land.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 2,416 | 2,307.5 | 52% |
| Lot Size | 8,276 | 10,018.5 | 33% |
| Price | $729.0K | $908.0K | 30% |
| Price per sq ft | $302 | $408 | 9% |
| Built year | 2001 | 1980 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 180 | 4% |
Mar 4, 2026
$729,000
Initial Listing
Aug 7, 2023
$685,000
Public Record
Nov 15, 2012
$315,000
Public Record
Sep 28, 2001
$295,000
Public Record