
Palm Desert, California 92211
This Turnkey Waterfront Condominium is a Strong Value Opportunity, listed at $279,000—positioned well below the $300,480 Fair Market Value by 7%. This valuation gap offers $21,480 in Instant Equity. Featuring a Mint Condition Rating with modern granite finishes and a private lake-view patio, the home provides a low-maintenance lifestyle with resort-style pool and tennis amenities. Located just 0.27 miles from the highly-rated Palm Desert High School, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43376 Cook Street 107 Subject | $269,000* List Price | 2 | 2 | 1,005 | $278 | - |
A 43376 Cook Street 195 Sold | $205,000 | 1 | 1 | 703 | $292 | 0.0 mi |
B 43376 Cook St 220 Sold | $332,000 | 2 | 2 | 1,005 | $330 | 0.1 mi |
C 448 Tava Lane Sold | $315,000 | 3 | 2 | 1,288 | $245 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1987, the interior shows evidence of a comprehensive renovation within the last 5 years. The kitchen and bathrooms have been fully updated with granite countertops, white cabinetry, and stainless steel appliances. New laminate flooring, modern paint, and updated fixtures throughout indicate a mint-condition, move-in-ready property with no immediate maintenance required.
This lower-level unit features a private patio overlooking a tranquil lake with mountain views, offering a premium aesthetic and relaxing atmosphere that is highly desirable in the desert.
The HOA fee provides a low-maintenance lifestyle by covering water, sewer, and trash, while granting access to resort-style amenities including tennis, pickleball, and a sparkling pool.
Located just 0.27 miles from the highly-rated Palm Desert High School, this property holds significant appeal for families and long-term rental investors.
The reliance on virtual staging in marketing materials suggests the interior may require modern updates or renovations to reach its full aesthetic potential.
Being a ground-floor unit, the property may be subject to more ambient noise from upper-level neighbors and potentially less privacy than top-floor alternatives.
Discover this inviting waterfront condominium in the desirable Palm Lake neighborhood of Palm Desert. Situated on the lower level, this 2-bedroom, 2-bathroom residence features a warm and welcoming living area with a gas fireplace and a private patio that overlooks the tranquil lake, creating the perfect setting to relax and unwind.The property includes two designated carport parking spaces, with one covered and one uncovered for added convenience. Palm Lake residents enjoy a variety of community amenities, including tennis and pickleball courts, a sparkling pool, and a spa, all surrounded by lush, well-kept landscaping.Located in a prime central Palm Desert location, this home is well suited for year-round living, a vacation retreat, or a rental investment. Affordable HOA fees cover water, sewer, trash service, exterior landscaping, and pool and spa upkeep, offering excellent value and a low-maintenance lifestyle in one of the desert's most convenient settings.Please note: Some listing photos have been virtually staged to help illustrate the property's potential and possible furniture placement.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,005 | 1,548 |
| Lot Size | 1,157 | 2,178 |
| Price | $269.0K | $473.9K |
| Price per sq ft | $268 | $321 |
| Built year | 1987 | 1983 |
| HOA | $414.0 | $800 |
| Days on market | 29 | 69 |
Jul 15, 2026
$269,000
$279,000
-4% Price Drop
Initial Listing
Jun 23, 2026
$279,000
Initial Listing
Apr 12, 2022
$330,000
Public Record
Mar 17, 2006
$219,500
Public Record