
Palm Desert, California 92260
This mid-century High-Potential Investment Opportunity is listed at $749,000, positioned slightly above the $732,565 Fair Market Value. Featuring a Mint Condition Rating, this property offers rare R-3 Zoning for short-term rentals, a private pool, and owned solar. The fully remodeled interior and prime location near El Paseo ensure immediate rental readiness. With its unique combination of high-demand zoning and turn-key finishes, this asset is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators seeking a high-performing, low-maintenance desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45468 Panorama Drive Subject | $749,000* List Price | 2 | 2 | 1,114 | $658 | - |
A 45640 Mountain View Avenue Sold | $829,000 | 3 | 2 | 1,376 | $602 | 0.4 mi |
B 74596 Pepper Tree Drive Sold | $775,000 | 3 | 2 | 1,518 | $511 | 0.2 mi |
C 45604 Quailbrush Street Active | $745,000 List Price | 3 | 2 | 1,040 | $716 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1957, this property has been newly remodeled and is in mint, turn-key condition. It features updated flooring, kitchen, and bathrooms, along with modern systems including owned solar and a new pool heater, meeting the criteria for a recent high-end renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1114.
The rare R-3 zoning provides a significant investment advantage, allowing for short-term rental opportunities in a market where such permits are often highly restricted.
This mid-century home is fully renovated with a professionally designed interior, owned solar, and a new pool heater, offering a move-in ready experience for owners or guests.
At just 1,114 square feet, the compact interior layout may feel restrictive for larger groups or buyers seeking more spacious living areas.
While the home is beautifully remodeled, the 1957 original construction may involve underlying aged infrastructure that requires more frequent maintenance than a newer build.
Attention Investors! Discover this newly remodeled mid-century gem, perfect for short-term rentals in Palm Desert. One of the few properties in the area with unique R-3 zoning, allowing for short-term rental opportunities. This stylish 2 bed/2 bath home features a private pool with a new heater, owned solar, and extensive updates that will impress any guest.Enjoy updated flooring, kitchen and bathrooms, all complemented by a professionally designed interior and new furniture. Every detail is crafted to welcome guests into your beautifully appointed retreat. The chic backyard boasts a large pool and stunning views, ideal for soaking up the sun and entertaining. Conveniently located just minutes from El Paseo, with access to the best shopping and dining in town, this property is a prime investment opportunity. Don't miss out on this turn-key, rental-ready home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,114 | 2,040 |
| Lot Size | 7,405 | 7,405 |
| Price | $749.0K | $634.5K |
| Price per sq ft | $672 | $325 |
| Built year | 1957 | 1994 |
| HOA | $0 | $398 |
| Days on market | 41 | 74 |
Jun 11, 2026
$749,000
Initial Listing
Apr 6, 2023
$850,000
Public Record
Mar 7, 2022
$712,000
Public Record
May 8, 2019
$1,600,000
Public Record
May 5, 2016
$308,000
Public Record
Sep 26, 2014
$183,000
Public Record