
Palm Desert, California 92260
This property presents a High-Potential Investment Opportunity with a List Price of $585,000—positioned well below the $554,210 Fair Market Value by -5%. While the property requires a comprehensive rehab due to its Condition Rating of 5, the 11,326 sqft lot and Mid-Century Modern Architecture provide a rare canvas for value-add renovation. Featuring Scenic Mountain Views and an existing pool, this asset offers significant upside for Fix-and-Flip Investors or Design-Focused Owner-Occupants ready to restore this classic desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45727 Toro Peak Road Subject | $585,000* List Price | 3 | 2 | 1,568 | $353 | - |
A 74402 Candlewood Street Sold | $498,000 | 2 | 2 | 1,274 | $391 | 0.3 mi |
B 74360 Fairway Drive Sold | $586,500 | 3 | 2 | 1,508 | $389 | 0.4 mi |
C 45618 Panorama Drive Active | $540,000 List Price | 3 | 3 | 1,682 | $321 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1958 and described as a fixer-upper available for the first time in 45 years, the property is in mostly original condition. The kitchen and baths are severely dated with 1970s/80s era finishes, and the interior features popcorn ceilings and worn carpeting. It requires a comprehensive rehab of all major systems and finishes.
The property features classic 1958 architecture on an oversized lot, offering a rare opportunity to restore a highly sought-after aesthetic in a prime South Palm Desert location.
With a large 11,326 sqft lot and potential for an ADU, this property provides ample space for expansion and customization to maximize investment returns or create a luxury retreat.
The home offers a spectacular backdrop of mature palms and views toward Toro Peak, providing the quintessential desert atmosphere that is increasingly difficult to find.
As a designated fixer-upper available for the first time in 45 years, the home requires a substantial capital investment to modernize its interior, pool, and structural elements.
Given the long-term ownership and original 1958 construction, buyers should anticipate potential issues with aging infrastructure and systems that likely need full replacement to meet current codes.
Mid-Century Modern charm, Palm Desert location, oversized lot and enormous potential! Available for the first time in 45 years, this distinctive South Palm Desert property is a rare opportunity to restore, reimagine and create something truly special. The classic mid-century architecture, expansive lot and spectacular backdrop of mature palms and surrounding mountains--including a view toward its namesake, Toro Peak--give this property a character that is increasingly difficult to find.This is a fixer-upper with vision, offering an exceptional canvas for the buyer looking to bring back its original mid-century appeal or create a more contemporary desert retreat. The generous lot provides plenty of room to explore possibilities, including the potential addition of an ADU, subject to city approval and buyer verification. The existing pool and spacious rear yard further expand the possibilities for outdoor entertaining and desert living.Low-maintenance desert landscaping and an abundance of towering, mature palms create an unmistakable Palm Desert atmosphere, while the property's location in desirable South Palm Desert puts you close to the area's renowned dining, shopping, golf and recreation.Priced below market to reflect its condition and incredible upside, this is more than a fixer--it is an opportunity. Whether you're an investor, designer, mid-century enthusiast or simply someone who sees what this property could become, the possibilities are substantial. 45 years, one owner, and now ready for its next chapter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,568 | 2,105.901 |
| Lot Size | 11,326 | 7,713.859 |
| Price | $585.0K | $640.1K |
| Price per sq ft | $373 | $315 |
| Built year | 1958 | 1996 |
| HOA | $0 | $398 |
| Days on market | 5 | 78 |
Sep 4, 2026
$585,000
Initial Listing