
Palm Desert, California 92260
This property presents a High-Potential Investment Opportunity with a List Price of $389,000—positioned well below the $359,700 Fair Market Value by -8%. While the home carries a Condition Rating of 5, the expansive 9,148 sqft lot and Scenic Mountain Views provide a solid foundation for value-add renovations. Located in the Desert Sands Unified district, this asset offers significant upside for those capable of managing a foreclosure acquisition. This is a strategic distressed asset ideal for Fix-and-Flip Investors or Contractors seeking a project with clear equity potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43120 Buttonwood Drive Subject | $389,000* List Price | 4 | 2 | 1,492 | $241 | - |
A 74127 Velardo Drive Sold | $489,000 | 3 | 2 | 1,456 | $336 | 0.4 mi |
B 74060 Desert Star Boulevard Sold | $420,000 | 3 | 2 | 1,344 | $313 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1979 (45+ years old) with no evidence of recent renovations. The listing describes a foreclosure that 'needs a little love' and emphasizes 'potential,' which are industry indicators for significant deferred maintenance and the need for a full rehab. The age exceeds the 30-year threshold for the poor category without major updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1492.
The property features an oversized backyard with exceptional mountain views, providing a premium aesthetic and high desirability for the Palm Desert area.
Situated in the heart of Palm Desert, the home offers convenient proximity to top-rated schools, parks, and major shopping districts, making it ideal for families.
The listing indicates the home needs 'love,' suggesting that substantial cosmetic or structural updates are necessary to reach its full market potential.
As a foreclosure property, the transaction carries inherent risks and a strict timeline, requiring buyers to act quickly and potentially navigate more complex closing procedures.
**HURRY**INCREDIBLE OPPORTUNITY**Fantastic location! 4 bedrooms/ 2 baths with an oversized backyard with VIEWS VIEWS VIEWS of the mountains! All it needs is a little LOVE and the POTENTIAL is AMAZING! Located in the heart of Palm Desert, close to schools, parks, shopping and more! This home is in Foreclosure so time is of the essence!!! PRICED TO SELL QUICKLY!Please call for your private showing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 2.0 | 3.0 | 34% |
| Square foot | 1,492 | 2,426 | 17% |
| Lot Size | 9,148 | 10,019 | 40% |
| Price | $389.0K | $970.0K | 3% |
| Price per sq ft | $261 | $436 | 4% |
| Built year | 1979 | 1979 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 169 | 1% |
May 15, 2026
$389,000
Initial Listing
Oct 30, 2012
$155,000
Public Record
Sep 17, 2004
$339,000
Public Record
Jul 13, 2004
$310,000
Public Record
May 10, 2002
$1,176,500
Public Record
Mar 26, 1996
$95,000
Public Record