45451 Lupine Lane 29, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 3 bath
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Palm Desert, California 92260
This property presents a High-Potential Investment Opportunity with a List Price of $400,000—positioned above the $384,170 Fair Market Value. While currently priced slightly above market, the property’s Short-Term Rental Allowance and prime location in South Palm Desert offer significant income-generating potential. Featuring a Fair Condition Rating (1973 build), the unit provides a blank canvas for cosmetic modernization. With access to community pool and tennis courts and proximity to the Indian Wells Tennis Gardens, this is an ideal acquisition for Buy-and-Hold Investors or seasonal vacation homeowners.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45451 Lupine Lane 29 Subject | $400,000* List Price | 2 | 3 | 1,250 | $307 | - |
A 72760 Mesquite Court #f Sold | $365,000 | 2 | 3 | 1,325 | $275 | 0.8 mi |
B 73464 Shadow Mountain Drive Sold | $390,000 | 2 | 2 | 1,392 | $280 | 0.1 mi |
C 72869 Don Larson Lane Lane Sold | $420,000 | 2 | 2 | 1,119 | $375 | 0.9 mi |
D 72917 Arthur Ashe Lane Sold | $385,000 | 2 | 2 | 1,136 | $339 | 0.9 mi |
E 73340 Shadow Mountain Drive 41 Active Under Contract | $389,000 List Price | 2 | 3 | 1,250 | $311 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this property is in a well-maintained but dated condition. The interior features popcorn ceilings, mirrored walls, and older carpeting throughout. The kitchen and bathrooms show signs of being 20+ years old with basic white cabinetry and laminate countertops. While functional and move-in ready for a buyer seeking a 'time capsule' or investment, it requires significant cosmetic updates and modernization to meet current market standards for an 'Excellent' or 'Good' rating.
Situated in highly sought-after South Palm Desert, this property is within walking distance to the luxury shopping and world-class dining of El Paseo.
The allowance of short-term rentals makes this an exceptional investment opportunity for buyers looking to generate passive income in a popular resort destination.
As a two-story end unit, the home benefits from increased natural light and privacy, complemented by scenic mountain and wood views.
Built in 1973, the property may require modern cosmetic or structural updates to meet the expectations of contemporary buyers and maximize its value.
Recent price reductions within a short period on the market suggest a need for strategic positioning to align with current buyer demand.
Enter to an open and light two story condo end unit in Sandroc 1. Located in a very popular area in South Palm Desert. Just a short distance to the very intriguing shops and dining on El Paseo. It offers charm and convenience.The life of a desert resort style is offered with a sparkling community pool and well maintained tennis courts. Located within easy driving distance to the Indian Wells Tennis Gardens and the Empire Polo Club--home to the world renowned Coachella Valley Music and Arts Festivals and Stagecoach Festival. Perfect location to enjoy all that the desert has to offer! If you are searching for a full-time home, a seasonal get-away, or an investment opportunity, this home is for you! **Short term rentals are allowed.**
No exterior & parking available.
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 1,250 | 1,548 | 21% |
| Lot Size | 500 | 2,613 | 26% |
| Price | $400.0K | $499.0K | 24% |
| Price per sq ft | $320 | $334 | 44% |
| Built year | 1973 | 1979 | 19% |
| HOA | $465.0 | $764 | 8% |
| Days on market | 50 | 157 | 4% |
May 6, 2026
$400,000
$415,000
-4% Price Drop
Initial Listing
Apr 29, 2026
$415,000
$425,000
-2% Price Drop
Initial Listing
Apr 18, 2026
$425,000
Initial Listing
Dec 24, 2008
$195,000
Public Record