42635 Adalin Way, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 3 bath
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Palm Desert, California 92211
This Value-Add Resort Condominium is listed at $345,000, currently positioned above the $298,767 Fair Market Value due to its original interior state. The property’s standout feature is a rare 2.88% Assumable Loan, providing a significant financial hedge in a high-interest market. Holding a Condition Rating of 5, the residence requires a full modernization of its 1991 finishes to reach its full potential. Located in the Oasis Country Club near the 8/10 rated Gerald R. Ford Elementary, it offers a Dual Primary Suite Layout and access to 18 community pools. This is a strategic acquisition for Value-Add Investors or Owner-Occupants seeking a renovation project with exceptional financing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42635 Adalin Way Subject | $310,000* List Price | 2 | 3 | 1,576 | $147 | - |
A 41572 Resorter Boulevard Sold | $310,000 | 2 | 2 | 1,360 | $228 | 0.8 mi |
B 76914 Scimitar Way Sold | $395,000 | 3 | 2 | 1,585 | $249 | 0.1 mi |
C 76955 Turendot Street Sold | $325,000 | 2 | 1 | 1,380 | $236 | 0.3 mi |
D 42764 Sand Dune Drive Sold | $260,000 | 3 | 3 | 1,796 | $145 | 0.4 mi |
E 41629 Woodhaven Drive W Sold | $382,500 | 3 | 3 | 1,808 | $212 | 0.8 mi |
F 41651 Resorter Blvd. Sold | $327,000 | 2 | 2 | 1,337 | $245 | 0.6 mi |
G 76645 Sheba Way Active | $345,000 List Price | 2 | 3 | 1,350 | $256 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1991, making it 33 years old. Visuals confirm original builder-grade finishes, including dated white square tile countertops and 90s-era cabinetry in the bathrooms. Per the criteria for homes over 30 years old with original systems and dated aesthetics, it requires a full rehab to meet modern standards.
The property features a rare assumable loan at a 2.88% interest rate, offering significant long-term savings and a major competitive advantage in the current high-interest market.
The thoughtfully designed floor plan includes two full primary suites plus a guest powder room, providing optimal privacy and functionality for both owners and visitors.
Located in the Oasis Country Club, residents have access to 18 pools and spas, golf, pickleball, and a full-service clubhouse, offering a premium resort-style lifestyle.
At $962 per month, the association fees are substantial and may impact the overall affordability and debt-to-income ratio for prospective buyers.
Built in 1991 with no mention of recent interior renovations, the property may require additional capital investment to update finishes and compete with modernized units in the area.
.This spacious and thoughtfully designed 2-bedroom, 3-bath residence offers dual primary suites, each providing comfort and privacy, complemented by a convenient powder room for guests. One of the suites features a private patio with direct access to the garage, creating a seamless blend of indoor and outdoor living.The kitchen opens naturally to the dining area, supporting both everyday living and effortless entertaining. A second, generously sized rear patio offers a secluded setting with ample space for outdoor gatherings or quiet relaxation.A well-balanced floor plan, private outdoor spaces, and favorable financing potential make this property a compelling offering.Just steps away, you can enjoy one of 18 sparkling pools and spas, or take a leisurely walk to the clubhouse, which offers both casual and formal dining, a library, and a fitness center. The community also features 8 lighted pickleball courts, 1 lighted tennis court, an 18-hole executive golf course, and an 18-hole putting course. Conveniently close to world-class dining, shopping, recreation, and entertainment,
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.5 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 1,576 | 1,591.5 | 50% |
| Lot Size | - | 2,613 | 22% |
| Price | $310.0K | $470.0K | 8% |
| Price per sq ft | $197 | $318 | 1% |
| Built year | 1991 | 1987 | 83% |
| HOA | $962.0 | $849 | 70% |
| Days on market | 49 | 164 | 2% |
Jun 12, 2026
$310,000
$320,000
-3% Price Drop
Initial Listing
Jun 4, 2026
$320,000
$345,000
-7% Price Drop
Initial Listing
Apr 30, 2026
$345,000
Initial Listing
Jul 28, 2021
$275,000
Public Record