45618 Panorama Drive, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 3 bath
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45618 Panorama Drive
Palm Desert, California 92260
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,682Sq Ft
6,970Lot Size
Property Price
LIST PRICE$540,000
EST. MARKET VALUE
$553,995
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $540,000—positioned well below the $553,995 Fair Market Value by 2%. This valuation gap offers $13,995 in Instant Equity. Featuring a Fair Condition Rating, the home offers a gated perimeter and mountain views, though it requires cosmetic updates to modernize its 1953 vintage infrastructure. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-located asset in South Palm Desert.
Estimated Market Value
$553,995
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45618 Panorama Drive Subject | $540,000* List Price | 3 | 3 | 1,682 | $329 | - |
A 74360 Fairway Drive Sold | $586,500 | 3 | 2 | 1,508 | $389 | 0.2 mi |
B 44841 San Jacinto Avenue Sold | $640,000 | 3 | 3 | 1,680 | $381 | 0.6 mi |
C 74345 Fairway Sold | $560,000 | 3 | 2 | 1,447 | $387 | 0.2 mi |
D 74402 Candlewood Street Sold | $498,000 | 2 | 2 | 1,274 | $391 | 0.0 mi |
E 44331 San Jose Avenue Sold | $530,000 | 3 | 2 | 1,350 | $393 | 0.8 mi |
F 46310 Burroweed Lane Sold | $650,000 | 2 | 2 | 1,896 | $343 | 1.0 mi |
G 74127 Velardo Drive Sold | $489,000 | 3 | 2 | 1,456 | $336 | 0.9 mi |
H 74450 Candlewood Active | $579,000 List Price | 3 | 3 | 1,695 | $342 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1953 and shows signs of a renovation that is likely 15-25 years old. While the kitchen is functional with granite-style counters and updated appliances, the overall aesthetic, including the tray lighting and carpet, is dated. It appears well-maintained and move-in ready but requires cosmetic updates and likely system overhauls to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime South Palm Desert Location
The property is ideally situated near El Paseo, offering residents immediate access to world-class dining, high-end shopping, and essential services in a highly desirable neighborhood.
- Enhanced Privacy and Security
The entire perimeter of the property is gated, providing a rare level of privacy and peace of mind for a residential home in this price point.
- Scenic Mountain Views
The home features desirable mountain views, adding significant aesthetic value and a quintessential desert atmosphere to the living experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Vintage Infrastructure
Originally built in 1953, the property may require updates to its aging mechanical, electrical, or plumbing systems to meet modern efficiency standards.
- Dated Interior Finishes
The combination of tile and carpet flooring may be perceived as dated by contemporary buyers who often prefer uniform, modern hard-surface flooring throughout.
About 45618 Panorama Drive
This home features an inviting layout! The property is gated all around, providing added privacy and peace of mind. Interior finishes include a blend of tile and carpet, offering both durability and comfort throughout the living spaces.Situated in the center of South Palm Desert, this home places you close to everything--El Paseo, restaurants, banks, the post office, schools, shopping, and more. It's an ideal fit for anyone seeking a well-maintained home in a safe, friendly community with great neighbors and unbeatable convenience. Please call for a private showing!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,682 | 2,105.901 |
| Lot Size | 6,970 | 7,713.859 |
| Price | $540.0K | $640.1K |
| Price per sq ft | $321 | $315 |
| Built year | 1953 | 1996 |
| HOA | $0 | $398 |
| Days on market | 51 | 78 |
Pricing History
Listed for Sale
Jul 20, 2026
$540,000
Initial Listing
Sold
Oct 19, 2011
$131,000
Public Record
Sold
Apr 5, 1994
$17,000
Public Record