
Palm Desert, California 92260
This Turnkey 55+ Condominium is a Strong Value Opportunity, listed at $699,000—positioned well below the $701,377 Fair Market Value by 0.34%. This property offers $2,377 in Instant Equity. Featuring an Excellent Condition Rating, the home includes a Viking Professional kitchen, owned solar, and a private patio with mountain views. Located in the amenity-rich Villa Portofino, it provides a maintenance-free lifestyle near El Paseo. This residence is an ideal fit for active retirees or downsizing owner-occupants seeking luxury and efficiency.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4517 Via Veneto Subject 2 bd · 3 ba · 2,341 sqft · $300 | $699,000* List Price | 2 | 3 | 2,341 | $300 | - |
A 3455 Via Leonardo Sold 3 bd · 3 ba · 2,249 sqft · $298 · 0.1 mi | $670,000 | 3 | 3 | 2,249 | $298 | 0.1 mi |
B 4023 Via Fragante 1 Sold 2 bd · 2 ba · 1,915 sqft · $334 · 0.1 mi | $640,000 | 2 | 2 | 1,915 | $334 | 0.1 mi |
C 6381 Via Stasera Sold 3 bd · 2 ba · 1,867 sqft · $351 · 0.3 mi | $655,000 | 3 | 2 | 1,867 | $351 | 0.3 mi |
D 2 Maximo Way Sold 3 bd · 3 ba · 2,056 sqft · $277 · 0.7 mi | $570,000 | 3 | 3 | 2,056 | $277 | 0.7 mi |
E 99 Conejo Circle Sold 3 bd · 3 ba · 2,156 sqft · $336 · 0.9 mi | $724,900 | 3 | 3 | 2,156 | $336 | 0.9 mi |
F 245 San Remo Street Sold 3 bd · 2 ba · 1,670 sqft · $377 · 0.3 mi | $630,000 | 3 | 2 | 1,670 | $377 | 0.3 mi |
G 6345 Via Stasera Sold 3 bd · 3 ba · 2,278 sqft · $263 · 0.4 mi | $600,000 | 3 | 3 | 2,278 | $263 | 0.4 mi |
H 109 Verde Way Sold 2 bd · 2 ba · 1,421 sqft · $348 · 0.7 mi | $495,000 | 2 | 2 | 1,421 | $348 | 0.7 mi |
I 3479 Via Leonardo Active 2 bd · 3 ba · 2,341 sqft · $308 · 0.2 mi | $719,900 List Price | 2 | 3 | 2,341 | $308 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property is in mint condition and less than 10 years old. It features a high-end upgraded kitchen with Viking Professional appliances and quartz countertops, modern systems including owned solar, and requires no maintenance.
The home features a high-end kitchen with Viking Professional appliances and owned solar panels, offering both luxury finishes and significant long-term utility savings.
As a freestanding condominium with no shared walls, this property provides the privacy and quiet of a single-family home while maintaining the convenience of a managed community.
Residents enjoy access to an expansive 30,000-square-foot clubhouse with resort-style facilities, located in a prime Palm Desert location near El Paseo shopping.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2456, other record lot size in square feet = 3263.
The monthly association fee of $885 is substantial and may be a deterrent for buyers sensitive to recurring monthly overhead.
Being situated in a 55+ community limits the potential buyer pool to a specific age group, which can impact long-term resale flexibility.
Enjoy refined desert living in the desirable 55+ community of Villa Portofino. This beautifully appointed, freestanding condominium with no shared walls offers the privacy and feel of a single-family home, along with soaring ceilings, abundant natural light, and a spacious, open floor plan designed for comfortable living and entertaining. A particularly appealing feature is the unique private rear patio, offering a peaceful setting to relax and enjoy lovely mountain views. The upgraded kitchen features expanded cabinetry, attractive hardware, a generous center island, quartz countertops with butcher block ends, and a Viking Professional range and hood. Custom-made shutters throughout and a contemporary smart electric fireplace add warmth and character to the inviting living spaces. A versatile formal dining room with pocket doors offers the flexibility of a private den, occasional guest room, or additional entertaining space, complemented by an adjacent office or sitting area. Owned solar adds energy efficiency and long-term value. Residents of Villa Portofino enjoy an impressive 30,000-square-foot clubhouse featuring dining, a fitness center, theater, billiards, bocce ball, resort-style pool, and spa. Conveniently located near El Paseo's exceptional shopping and dining, this beautifully upgraded residence represents one of Villa Portofino's most compelling values. Priced for immediate sale.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,341 | 1,495.459 |
| Lot Size | 2,456 | 2,698.484 |
| Price | $699.0K | $456.9K |
| Price per sq ft | $299 | $309 |
| Built year | 2022 | 1984 |
| HOA | $885.0 | $813 |
| Days on market | 5 | 88 |
Oct 20, 2026
$699,000
Initial Listing