40785 Avenida Rosario, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 4 bath
Loading property details...
Palm Desert, California 92260
This Turnkey Desert Residence with Income Potential is listed at $799,999, providing a stable and secure entry point at its $799,999 Fair Market Value. Holding a Good Condition Rating, the property is significantly enhanced by a private casita currently generating Airbnb revenue, 36 solar panels with Tesla backup batteries, and a resort-style pool and spa. Situated within the Desert Sands Unified district near James Earl Carter Elementary, the home offers premium lifestyle amenities with the rare benefit of no monthly HOA dues. This is a premier opportunity for Owner-Occupants or lifestyle-driven buyers seeking a high-utility desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40785 Avenida Rosario Subject | $799,999* List Price | 3 | 4 | 2,477 | $323 | - |
A 40747 Palm Court Sold | $775,000 | 3 | 3 | 2,727 | $284 | 0.3 mi |
B 40399 Corte Placitas Sold | $850,000 | 4 | 4 | 2,781 | $306 | 0.1 mi |
C 40810 Centennial Circle Sold | $875,000 | 4 | 4 | 2,648 | $330 | 0.2 mi |
D 40840 Centennial Circle Sold | $840,000 | 4 | 4 | 2,505 | $335 | 0.2 mi |
E 74048 Via Vittorio Sold | $930,000 | 3 | 4 | 2,774 | $335 | 0.7 mi |
F 41728 Via Treviso Sold | $820,000 | 3 | 3 | 2,474 | $331 | 0.8 mi |
G 40817 Sandpiper Court Active | $879,000 List Price | 4 | 4 | 2,714 | $324 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property, built in 1999, is in good condition due to extensive and recent system upgrades, including a newer HVAC (2019), water heater (2020), energy-efficient windows, new pool pump, and newly installed luxury vinyl flooring in the casita, along with new solar panels and Tesla backup batteries. While the kitchen and main bathrooms are exceptionally clean and functional, their light wood cabinetry and tile countertops reflect the original build era and appear aesthetically dated, preventing an 'Excellent' score. However, the home is move-in ready with no immediate renovations required for functionality.
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.
Features 36 leased solar panels and new Tesla backup batteries, significantly reducing electricity costs and ensuring continuous power during outages.
A private, fully-equipped casita currently operating as a successful Airbnb, offering excellent potential for supplemental income or guest accommodations.
The solar panels are leased, meaning the new owner will assume a lease agreement and associated monthly payments, which may not appeal to all buyers.
A recent price reduction from $839,999 to $799,999 could indicate a need to adjust to market demand or initial overpricing.
Built in 1999, while extensively upgraded, the property's original construction date might imply some older design elements or components not covered by recent renovations.
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.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 64% |
| Square foot | 2,477 | 2,307.5 | 54% |
| Lot Size | 10,019 | 10,019 | 50% |
| Price | $800.0K | $908.0K | 36% |
| Price per sq ft | $323 | $408 | 16% |
| Built year | 1999 | 1980 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 167 | 181 | 45% |
Jan 13, 2026
$799,999
$839,999
-5% Price Drop
Initial Listing
Nov 7, 2025
$839,999
Initial Listing
Jul 17, 2023
$785,000
Public Record
Apr 30, 2015
$445,000
Public Record
Apr 20, 2000
$335,000
Public Record
Apr 21, 1999
$300,000
Public Record