
Palm Desert, California 92260
This High-Potential Investment Opportunity is listed at a List Price of $400,000, positioned slightly above the $388,201 Fair Market Value. While the property requires cosmetic updates to its 1973 interiors, its Fair Condition Rating and allowance for short-term rentals provide significant upside. Featuring dual primary suites, panoramic mountain views, and a community pool, this end-unit asset offers high walkability to El Paseo. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating property in a prime Palm Desert location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45451 Lupine Lane 29 Subject 2 bd · 3 ba · 1,250 sqft · $311 | $400,000* List Price | 2 | 3 | 1,250 | $311 | - |
A 72760 Mesquite Ct Unit A Sold 2 bd · 2 ba · 1,243 sqft · $291 · 0.8 mi | $361,156 | 2 | 2 | 1,243 | $291 | 0.8 mi |
B 45570 San Luis Rey Avenue 271 Sold 2 bd · 2 ba · 1,176 sqft · $374 · 0.4 mi | $440,000 | 2 | 2 | 1,176 | $374 | 0.4 mi |
C 45780 Ocotillo Drive Sold 3 bd · 2 ba · 1,500 sqft · $293 · 0.4 mi | $440,000 | 3 | 2 | 1,500 | $293 | 0.4 mi |
D 72760 Mesquite Court #f Sold 2 bd · 3 ba · 1,325 sqft · $275 · 0.8 mi | $365,000 | 2 | 3 | 1,325 | $275 | 0.8 mi |
E 73242 Don Budge Sold 3 bd · 2 ba · 1,170 sqft · $280 · 0.8 mi | $328,000 | 3 | 2 | 1,170 | $280 | 0.8 mi |
F 72730 Sage Court Sold 2 bd · 2 ba · 1,325 sqft · $283 · 0.7 mi | $375,000 | 2 | 2 | 1,325 | $283 | 0.7 mi |
G 73188 Bill Tilden Lane Sold 3 bd · 2 ba · 1,119 sqft · $402 · 0.9 mi | $450,000 | 3 | 2 | 1,119 | $402 | 0.9 mi |
H 73062 Helen Moody Lane Active 3 bd · 2 ba · 1,170 sqft · $333 · 0.9 mi | $390,000 List Price | 3 | 2 | 1,170 | $333 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property is over 50 years old but remains functional and well-maintained. The kitchen and bathrooms are significantly dated, featuring older white tile countertops and basic cabinetry that require modernization. While the unit is move-in ready, the 'bring your personal touches' description and virtually staged photos confirm it needs cosmetic updates to meet current market standards.
Situated just moments from El Paseo, the desert's premier shopping and dining district, offering an unparalleled lifestyle and high walkability to boutiques and galleries.
The allowance of short-term rentals makes this property a rare and flexible asset, ideal for a full-time residence, seasonal getaway, or income-generating investment.
As an end unit with dual primary suites, the home provides enhanced privacy, additional natural light, and a functional floor plan perfect for hosting guests.
The call for 'personal touches' and the use of virtually staged photos suggest the interior may require additional capital investment to update its 1973 aesthetic.
The monthly association fee of $530 is relatively high for the price point, which may impact the overall affordability and net cash flow for investors.
Live the El Paseo lifestyle! This light-filled, two-story end unit in sought-after Sandroc 1 sits moments from El Paseo, the desert's premier shopping district. Stroll to boutique shopping, art galleries, and some of the valley's best restaurants, then come home to your own resort-style retreat. Two spacious primary suites offer comfort and privacy for owners, guests, or seasonal visitors. Step onto your balcony to enjoy mountain and tree views, or relax by the sparkling community pool and tennis courts. As an end unit, it offers extra light and privacy. It's also an easy drive to the Indian Wells Tennis Garden, the Empire Polo Club, and world-famous Coachella and Stagecoach festivals. Short-term rentals are allowed, making this an outstanding full-time residence, seasonal escape, or investment opportunity. Bring your personal touches and make this Palm Desert Gem your own! Photos with furnishings have been virtually staged. Contact me today for your private showing!
No exterior & parking available.
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,250 | 1,495.459 |
| Lot Size | 500 | 2,698.484 |
| Price | $400.0K | $456.9K |
| Price per sq ft | $320 | $309 |
| Built year | 1973 | 1984 |
| HOA | $530.0 | $813 |
| Days on market | 25 | 88 |
Sep 30, 2026
$400,000
Initial Listing
Dec 24, 2008
$195,000
Public Record