40862 Sea Island Lane, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath
40862 Sea Island Lane
Palm Desert, California 92211
Property Price
SUMMARY
Analysis of 40862 Sea Island Lane, Palm Desert, California 92211 is currently available with a list price of $399,000. 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.
Built in 1981, this property has undergone significant recent updates, including a new A/C system, new split A/C, and a new water heater, ensuring major systems are within their expected lifespan. The kitchen features updated white shaker cabinets and granite countertops, though appliances are older white models. Bathrooms have updated vanities and fixtures. Consistent tile flooring throughout and modern light fixtures contribute to a move-in ready condition with no immediate renovations required, aligning with a 'Good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Premier View Location
The property boasts one of the most desirable vantage points in the community, offering unobstructed views of the 18th green, mountains, and lake from an expansive rear patio, ideal for outdoor living.
- Turnkey & Modern Comfort
Offered turnkey and furnished, this property provides immediate enjoyment. Recent updates include a new A/C system, split A/C, and water heater, ensuring modern comfort and peace of mind.
- Resort-Style Gated Community
Located within a guard-gated community, residents benefit from enhanced security and access to a wealth of amenities including a clubhouse with dining, pool/spa (less than a minute walk), golf, pickleball, tennis, and bocce ball.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1981, the property is over 40 years old. While key systems have been updated, other components of the structure or interior finishes may reflect its age and potentially require future maintenance or upgrades.
- Condominium & Association Fees
As a condominium, the property is subject to an association fee of $845.0 per month, which is a significant ongoing cost and may come with community rules and restrictions on property use or modifications.
- Recent Price Reductions
The listing has undergone multiple price reductions, from an initial $415,000 to the current $399,000, which could suggest a challenge in market valuation or buyer interest at previous price points.
About 40862 Sea Island Lane
Exceptional Resort Property with Premier View Location Situated on a premium lot, this residence offers one of the most desirable vantage points in the community. The expansive and oversized rear patio provides an ideal setting for outdoor dining and lounging, with unobstructed views of the 18th green framed by dramatic mountain and lake backdrops. Tinted sliders enhance comfort and energy efficiency while preserving the stunning scenery. This highly sought-after floor plan is offered turnkey/furnished, providing immediate enjoyment and convenience. Recent updates include a new A/C system, new split A/C, and a new water heater, ensuring peace of mind and modern comfort. The property is located within a guard-gated community, offering security and a true resort-style lifestyle. Residents enjoy close proximity to the clubhouse, which features dining, cocktails, and scheduled entertainment. The community pool and spa are less than a one-minute walk away. Golf, pickleball, tennis, and bocce ball are all accessible within the resort. Beyond the grounds, the location is ideal for desert living—near world-class dining, shopping, and major event venues such as the BNP Paribas Open and Coachella/Stagecoach festivals. Short-term rental potential with prior history adds an attractive investment component. Downtown Palm Springs is approximately 14 miles away, offering additional dining, culture, and entertainment. This property seamlessly blends an exceptional setting, desirable amenities, and a refined resort lifestyle—an opportunity not to be missed.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- -
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 • 0.5 mi
Gerald R. Ford Elementary School
Grades K-5 • 1.8 mi
Colonel Mitchell Paige Middle School
Grades 6-8 • 1.7 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 | 1,177 | 1,598 | 16% |
| Lot Size | - | 2,613 | 19% |
| Price | $399.0K | $471.0K | 27% |
| Price per sq ft | $339 | $321 | 63% |
| Built year | 1981 | 1988 | 6% |
| HOA | $845.0 | $845 | 50% |
| Days on market | 103 | 154 | 20% |
Pricing History
Listed for Sale
Jan 10, 2026
$399,000
$409,000
-2% Price Drop
Initial Listing
Price Change
Dec 13, 2025
$409,000
$415,000
-1% Price Drop
Initial Listing
Price Change
Nov 24, 2025
$415,000
Initial Listing
Sold
Mar 20, 2024
$325,000
Public Record
Sold
Feb 19, 1999
$109,000
Public Record