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40785 Avenida Rosario, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 4 bath

40785 Avenida Rosario, Palm Desert, California 92260 home-pic-0
ACTIVE$839,999
40785 Avenida Rosario, Palm Desert, California 92260
3Beds
4Baths
2,477Sqft
10,019Lot
Year Built
1999
Close
-
List price
$840K
Original List price
$840K
Price/Sqft
$339
HOA
-
Days on market
-
Sold On
-
MLS number
219138076DA
Home ConditionGood
Features
Good View: Mountain(s), Peek-A-Boo, Pool
Pool
Spa
Patio
ViewMountain(s), Peek-A-Boo, Pool

About this home

We found 3 Cons,6 Pros. Rank: price - $840.0K(53th), sqft - 2477(56th), beds - 3(50th), baths - 4(66th).

Welcome to La Paloma in Palm Desert--where comfort, convenience, and style converge. Perfectly situated in the heart of Palm Desert with no monthly HOA dues, this beautifully maintained residence offers a light-filled open floor plan designed for relaxed living and effortless entertaining. The spacious backyard features a large sparkling pool and spa with a new pool pump, creating the ideal setting for year-round enjoyment.The home includes three bedrooms, three and a half baths, and a versatile bonus room with a recently added Murphy bed--perfect as an office, den, or fourth bedroom. A highlight of the property is the private casita, complete with newly installed luxury vinyl flooring, its own bathroom, refrigerator, microwave, and coffee bar. Currently operating as a successful Airbnb, it also presents an excellent opportunity for guest accommodations or supplemental income.Sustainability and peace of mind come standard with 36 newly leased solar panels, new Tesla backup batteries, and newly installed energy-efficient windows along the west side of the home. The solar panels combined with the Tesla backup batteries provide low to no electric bills and continuous electricity during power outages. The solar panels can charge an additional electric vehicle and a solar electric pool heater-if desired by the next owner.Additional upgrades include a newer 5-ton HVAC system (2019), natural gas appliances, newer water heater (2020), reverse osmosis system in the kitchen (2023), electric awnings, and a mini-split AC in the casita (2018).Nestled on a quiet cul-de-sac off Hovely Lane, this exceptional property offers close proximity to shopping, dining, golf, and some of the desert's top-rated schools. With its desirable location, thoughtful improvements, and income potential, this Palm Desert gem is a rare opportunity not to be missed.Schedule your private showing today--homes in La Paloma rarely become available.

Nearby schools

8/10
James Earl Carter Elementary School
Public,•K-5•0.6mi
7/10
Palm Desert High School
Public,•9-12•1.9mi

Price History

Date
Event
Price
11/07/25
Listing
$839,999
07/17/23
Sold
$785,000
04/30/15
Sold
$445,000
04/20/00
Sold
$335,000
04/21/99
Sold
$300,000
Condition Rating
Good
This property, built in 1999, is exceptionally well-maintained and boasts numerous significant system upgrades within the last 1-6 years, including a newer HVAC (2019), water heater (2020), solar panels, Tesla backup batteries, energy-efficient windows, and a reverse osmosis system (2023). These updates ensure excellent functionality and energy efficiency, making it truly move-in ready with no immediate renovation required for major systems. While the kitchen features functional granite countertops and light oak cabinetry, and the main bathrooms have tile countertops and oak vanities, their aesthetic style is somewhat dated from the original build era. However, these areas are clean and in good condition, not requiring immediate repair. The casita has newly installed luxury vinyl flooring. The extensive functional updates outweigh the cosmetically dated elements in the kitchen and main bathrooms, placing it firmly in the 'Good' category.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 2477.
Income Potential & Versatility: The property features a private casita with its own amenities, currently operating as a successful Airbnb, offering significant supplemental income or flexible guest accommodations. A bonus room with a Murphy bed further enhances versatility for an office, den, or fourth bedroom.
Exceptional Energy Efficiency: Equipped with 36 newly leased solar panels, new Tesla backup batteries, and newly installed energy-efficient windows, the home promises low to no electric bills and continuous power during outages, providing substantial long-term savings and peace of mind.
Extensive Recent Upgrades: Numerous significant upgrades include a newer 5-ton HVAC system (2019), newer water heater (2020), new pool pump, reverse osmosis system (2023), and a mini-split AC in the casita (2018), reducing immediate maintenance concerns for a new owner.
Desirable Location & Community: Perfectly situated in the heart of Palm Desert on a quiet cul-de-sac with no monthly HOA dues. It offers close proximity to shopping, dining, golf, and top-rated schools, enhancing convenience and lifestyle.
Private Outdoor Oasis: The spacious backyard boasts a large sparkling pool and spa, creating an ideal setting for year-round enjoyment and entertaining in the desert climate.

Cons

Leased Solar Panels: The solar panel system is leased, meaning the buyer will inherit a monthly lease payment or need to assume the lease terms, which represents an ongoing financial commitment rather than an owned asset.
Ongoing Pool & Spa Maintenance: While a desirable amenity, the large pool and spa in the desert climate will require consistent maintenance, chemical treatments, and water usage, leading to ongoing operational costs for the homeowner.
Potential for Older Original Components: Despite numerous significant upgrades, the property was built in 1999, implying that some original components or systems not explicitly mentioned as upgraded might be nearing the end of their typical lifespan and could require future attention.

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