40994 Sea Island Lane, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath
40994 Sea Island Lane
Palm Desert, California 92211
Property Price
SUMMARY
Analysis of 40994 Sea Island Lane, Palm Desert, California 92211 is currently available with a list price of $389,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1981, this property is well-maintained and move-in ready but remains largely outdated in style. The kitchen features older tile countertops and white appliances rather than modern stainless steel, and the bathrooms retain older cabinetry and tile work. While the interior benefits from high smooth ceilings and is offered turnkey furnished, the overall finishes and fixtures reflect a home that has been maintained through regular upkeep rather than a recent comprehensive renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Views and Orientation
This highly desirable south-facing unit offers exceptional panoramic views of the mountains, golf course, and water ponds, ensuring optimal natural light and a high-demand desert aesthetic.
- Investment and Rental Potential
The property is sold turnkey furnished and is located in a community that permits short-term rentals with a 3-day minimum, making it an ideal 'lock-and-leave' seasonal home or income-generating asset.
- Extensive Community Amenities
Residents benefit from a robust resort lifestyle including 24-hour guard-gated security, 20 pools and spas, tennis and pickleball courts, and a clubhouse, all maintained by the HOA.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The HOA fee of $759 per month is significant and may impact the debt-to-income ratio for some buyers or reduce the net cash flow for investors.
- Aging Infrastructure
Built in 1981, the property may soon require updates to major mechanical systems or interior modernization to remain competitive with newer luxury developments in the area.
About 40994 Sea Island Lane
Views, Views, Views. Premium location with absolutely fabulous views in the heart of guard gated Palm Desert Resort Country Club. This highly desirable south facing condo is elevated with mountain views, overlooking the golf course, water ponds, & clubhouse. The well laid out Vintage plan has 2 bedrooms and 2 bathrooms, separated by an open living area. The living area & both bedrooms have sliding glass doors providing easy access to the wide patio & expansive views...perfect for entertaining. High smooth ceilings create a bright & airy feeling. Close to the community pool, Clubhouse, tennis & pickle ball courts. This home comes turnkey furnished & is ready for new owners to live here seasonally, full time, or can be used as a Short Term Rental with a 3 day minimum. The laundry room has been modified & is now accessible from both outside & inside the home. The HOA dues cover exterior building maintenance (including roof), landscaping, insurance, trash, and Cable TV. The HOA also includes most of the amenities, including the clubhouse, cafe/bar, 20 pools/spas, tennis courts, dog park, pro-shop, 24 hour security, and much more. Golf & pickleball are available separately.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 1,500 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $759.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Ronald Reagan Elementary School
Grades K-5 • 0.6 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 | 1,500 | 2,613 | 29% |
| Price | $389.0K | $471.0K | 22% |
| Price per sq ft | $331 | $321 | 59% |
| Built year | 1981 | 1988 | 6% |
| HOA | $759.0 | $845 | 32% |
| Days on market | 176 | 155 | 63% |
Pricing History
Listed for Sale
Jan 31, 2026
$389,000
$419,000
-7% Price Drop
Initial Listing
Price Change
Sep 12, 2025
$419,000
Initial Listing