45506 Deep Canyon Road, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
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Palm Desert, California 92260
This Turnkey Mid-Century Modern Home represents a Strong Value Opportunity, listed at $849,000—positioned well below the $860,784 Fair Market Value by 1.37%. This valuation gap offers $11,784 in Instant Equity. Featuring an Excellent Condition Rating, the property includes a remodeled kitchen, newer HVAC, and a private pool with panoramic mountain views. With no HOA restrictions and a proven rental history, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45506 Deep Canyon Road Subject | $849,000* List Price | 3 | 2 | 1,440 | $598 | - |
A 45640 Mountain View Avenue Sold | $829,000 | 3 | 2 | 1,376 | $602 | 0.5 mi |
B 74130 Chicory Street Sold | $825,000 | 3 | 2 | 1,722 | $479 | 0.3 mi |
C 74614 Yucca Tree Drive Sold | $845,000 | 3 | 2 | 1,850 | $457 | 0.2 mi |
D 74596 Pepper Tree Drive Sold | $775,000 | 3 | 2 | 1,518 | $511 | 0.1 mi |
E 45930 Panorama Drive Pending | $925,000 List Price | 3 | 2 | 1,416 | $653 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1958, the property has undergone a comprehensive recent renovation (likely within the last 5 years). It features a modern kitchen with stainless steel appliances and stone countertops, updated bathrooms, newer HVAC systems, and contemporary large-format tile flooring throughout. The home is in mint, move-in-ready condition.
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 = 1440.
The property features no HOA restrictions and is offered turnkey furnished with a proven history as a profitable short-term and long-term rental, providing immediate ROI potential.
Located in a highly desirable neighborhood, the home offers quintessential desert living with stunning mountain views and a private pool, all within close proximity to local amenities.
With only 1,440 square feet of living space for a three-bedroom home, the interior layout may feel restrictive for buyers seeking more spacious or open-concept common areas.
Built in 1958, the property may possess inherent era-specific limitations such as smaller closet spaces and older underlying infrastructure compared to newer desert developments.
Located in the heart of desirable South Palm Desert, this quintessential mid-century modern home blends timeless desert charm with exceptional investment potential. Featuring 3 bedrooms and 2 updated bathrooms, the property offers stylish, comfortable living with an updated kitchen, newer HVAC systems, and an attached two-car garage. Step outside to your own private desert retreat complete with a sparkling pool, expansive entertaining backyard, and stunning mountain views that capture the essence of Palm Desert living. With no HOA restrictions, this home has enjoyed a strong history as both a profitable long-term and short-term rental and is being offered turnkey furnished--making it an incredible opportunity for investors, seasonal residents, or full-time homeowners seeking a move-in-ready desert escape.
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 | 1,440 | 2,426 | 14% |
| Lot Size | 7,405 | 10,019 | 25% |
| Price | $849.0K | $965.2K | 43% |
| Price per sq ft | $590 | $425 | 75% |
| Built year | 1958 | 1979 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 181 | 1% |
May 27, 2026
$849,000
Initial Listing
Dec 26, 2024
$855,000
Public Record
Apr 11, 2022
$673,000
Public Record
Sep 29, 2016
$285,000
Public Record
Jul 12, 2001
$182,000
Public Record