42635 Adalin Way, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 3 bath
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Palm Desert, California 92211
This Turnkey Resort Condominium is a Strong Value Opportunity listed at $345,000, aligning perfectly with its $345,000 Fair Market Value. The property’s primary financial advantage is a $245,000 FHA assumable loan at 2.88%, offering a rare hedge against current market interest rates. Maintaining a Condition Rating of 4, the residence features high vaulted ceilings, mountain views, and comes turnkey furnished for immediate use. Situated in the Oasis Country Club near the 8/10 rated Gerald R. Ford Elementary, it balances financial utility with premium resort living. This is an ideal acquisition for Owner-Occupants or seasonal residents.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42635 Adalin Way Subject | $345,000* List Price | 2 | 3 | 1,576 | $219 | - |
A 41351 Kansas Street Sold | $387,000 | 2 | 2 | 1,360 | $285 | 0.7 mi |
B 76914 Scimitar Way Sold | $395,000 | 3 | 2 | 1,585 | $249 | 0.1 mi |
C 41721 Woodhaven Drive W Sold | $382,000 | 2 | 2 | 1,392 | $274 | 0.8 mi |
D 42215 Sultan Avenue Sold | $350,000 | 3 | 2 | 1,432 | $244 | 0.3 mi |
E 42558 Sand Dune Drive Sold | $430,000 | 2 | 3 | 1,576 | $273 | 0.4 mi |
F 76645 Sheba Way Active | $348,000 List Price | 2 | 3 | 1,350 | $258 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
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.
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.
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.
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.
$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.
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 | 60% |
| Square foot | 1,576 | 1,580.5 | 50% |
| Lot Size | 4,356 | 2,614 | 91% |
| Price | $345.0K | $470.0K | 13% |
| Price per sq ft | $219 | $318 | 2% |
| Built year | 1991 | 1987 | 82% |
| HOA | $998.0 | $845 | 78% |
| Days on market | 157 | 162 | 47% |
Mar 10, 2026
$345,000
$349,900
-1% Price Drop
Initial Listing
Mar 6, 2026
$349,900
$365,000
-4% Price Drop
Initial Listing
Feb 28, 2026
$365,000
$384,900
-5% Price Drop
Initial Listing
Feb 20, 2026
$384,900
$389,900
-1% Price Drop
Initial Listing
Jan 27, 2026
$389,900
$394,900
-1% Price Drop
Initial Listing
Jan 22, 2026
$394,900
$399,900
-1% Price Drop
Initial Listing
Nov 17, 2025
$399,900
Initial Listing
Jul 28, 2021
$275,000
Public Record