42635 Adalin Way, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 3 bath
42635 Adalin Way
Palm Desert, California 92211
Property Price
SUMMARY
Analysis of 42635 Adalin Way, Palm Desert, California 92211 is currently available with a list price of $349,900. 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 1991, this property is well-maintained and offered turnkey furnished, but it remains largely in its original condition. The kitchen and bathrooms feature dated oak cabinetry, older white appliances, and fluorescent box lighting typical of the early 90s. While functional and move-in ready, the lack of modern renovations and the age of the major systems align with the 'Fair' classification.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Financing Opportunity
The property features a $245,000 FHA assumable loan at a 2.88% interest rate, providing a rare and significant financial advantage in the current high-interest rate environment.
- Turnkey Furnished Condition
Sold fully furnished with high-quality furniture and featuring high vaulted ceilings, this home is move-in ready, making it an ideal choice for seasonal residents or immediate rental use.
- Premium Resort Amenities
Located within the Oasis Country Club, residents have access to an impressive array of amenities including 18 swimming pools, golf, tennis, pickleball, and on-site dining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4356, other record lot size in square feet = 1668.
- High Monthly Carrying Costs
The association fee of $998 per month is substantial and may be a deterrent for budget-conscious buyers or those looking to maximize investment cash flow.
- Recent Price Instability
The property has undergone three price reductions since its initial listing, which may suggest a lack of initial market traction or a need for further valuation adjustments.
About 42635 Adalin Way
$245,000 FHA assumable loan at 2.88%(25 years remaining with monthly payments of $1,666 including PITI).This home is what you have been looking for.............2 bedroom & 3 baths at a great price.Short term rentals are OK with 30 day minimum stay.Everything stays.....Turnkey furnished.Private patio off master bedroom.Large living room with high vaulted ceilings.Quality furniture throughout.Walk-in pantry.Golf.......tennis.......pickleball.......18 swimming pools & Chef's Choice dining all available to you.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1991
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $998.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Gerald R. Ford Elementary School
Grades K-5 • 1.1 mi
Ronald Reagan Elementary School
Grades K-5 • 1.5 mi
Colonel Mitchell Paige Middle School
Grades 6-8 • 1.3 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 | 3.0 | 2.0 | 60% |
| Square foot | 1,576 | 1,598 | 48% |
| Lot Size | 4,356 | 2,613 | 89% |
| Price | $349.9K | $471.0K | 11% |
| Price per sq ft | $222 | $320 | 2% |
| Built year | 1991 | 1988 | 78% |
| HOA | $998.0 | $845 | 83% |
| Days on market | 110 | 154 | 22% |
Pricing History
Listed for Sale
Mar 6, 2026
$349,900
$365,000
-4% Price Drop
Initial Listing
Price Change
Feb 28, 2026
$365,000
$384,900
-5% Price Drop
Initial Listing
Price Change
Feb 20, 2026
$384,900
$389,900
-1% Price Drop
Initial Listing
Price Change
Jan 27, 2026
$389,900
$394,900
-1% Price Drop
Initial Listing
Price Change
Jan 22, 2026
$394,900
$399,900
-1% Price Drop
Initial Listing
Price Change
Nov 17, 2025
$399,900
Initial Listing
Sold
Jul 28, 2021
$275,000
Public Record