
Palm Desert, California 92260
This Versatile Single Family Residence is a Strong Value Opportunity, listed at $589,000—positioned well below the $615,352 Fair Market Value by 4%. This valuation gap offers $26,352 in Instant Equity. Featuring a Good Condition Rating, the home includes a permitted guest suite and solar panels, providing significant income potential. With its chef-inspired kitchen and mountain views, this property balances financial upside with lifestyle comfort. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sustainable, income-generating home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44470 Acacia Drive Subject | $589,000* List Price | 3 | 2 | 1,804 | $341 | - |
A 465 Monte Vista Sold | $680,000 | 3 | 3 | 1,927 | $353 | 0.4 mi |
B 73330 Royal Palm Drive Active | $675,000 List Price | 3 | 2 | 1,749 | $386 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1961, the property has undergone significant renovations that place it in the 'Good' category. The kitchen features modern upgrades like marble countertops and high-end stainless steel appliances, and the bathrooms have been updated with slate tiles and stone finishes. The addition of a permitted guest suite with a modern kitchen and the installation of solar panels indicate well-maintained systems and move-in ready condition, though some elements like hallway cabinetry appear to be painted originals.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1804.
The property features a permitted, fully self-contained guest suite with its own kitchen and living area, offering significant rental income potential or a perfect multi-generational setup with no HOA restrictions.
The main residence boasts a chef-inspired kitchen with marble countertops and a custom-built home bar featuring a wine cooler and kegerator, creating a high-end environment for entertaining.
Built in 1961, the home may have older underlying infrastructure or systems that require more frequent maintenance compared to newer constructions in the area.
With only two bathrooms serving three bedrooms plus a substantial guest addition, the ratio may be a drawback for high-occupancy use or large families.
Located in the heart of Palm Desert, this versatile 3-bedroom, 2-bathroom home offers a rare combination of desert character and incredible income potential with no HOA. Situated on a quiet cul-de-sac, the main residence features an inviting open floor plan that flows seamlessly from the living area anchored by a warm fireplace into a chef-inspired kitchen. This central hub has been tastefully upgraded with elegant marble countertops, high-end stainless steel appliances, a unique custom-built home bar featuring rich dark cabinetry and a natural wood butcher block countertop. The setup includes a dedicated wine and beverage cooler as well as a kegerator tap for serving fresh brews, the ultimate home for entertaining. All bedrooms in the main house are generously proportioned, including a primary suite that serves as a private retreat with a beautifully updated bathroom featuring slate tiles and a natural stone walk-in shower. A major highlight of the property is the substantial permitted addition: a fully self-contained guest suite complete with its own modern kitchen boasting ample cabinetry and stainless steel appliances. A vast secondary living area perfect for a rental or multi-generational setup. The massive, pool size backyard is an entertainer's paradise, featuring a outdoor barbecue station sheltered under a modern aluminum patio cover for year-round shade and mountain views. Cost saving solar panels, complete with a covered carport. A prime location minutes from top-rated schools and El Paseo shopping, this residence is a standout opportunity to own a flexible, sustainable home with endless possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 1,804 | 2,426 | 26% |
| Lot Size | 8,712 | 10,019 | 36% |
| Price | $589.0K | $965.2K | 15% |
| Price per sq ft | $326 | $423 | 19% |
| Built year | 1961 | 1979 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 181 | 1% |
May 8, 2026
$589,000
Initial Listing
Jun 14, 2017
$300,000
Public Record