45817 Highway 74, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath
45817 Highway 74
Palm Desert, California 92260
Property Price
SUMMARY
Analysis of 45817 Highway 74, Palm Desert, California 92260 is currently available with a list price of $459,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Palm Desert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1973, this property is well-maintained and move-in ready, but it retains many dated stylistic elements. The interior features older carpeting, standard ceramic tile, and mirrored closet doors typical of its original era. While the home is clean and functional with a desirable open floor plan, there is no evidence of a recent comprehensive renovation to the kitchen or bathrooms, placing it in the 'fair' category based on age and lack of modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly desirable South Palm Desert area, this property is within walking distance to the world-class shopping and dining of El Paseo.
- Scenic Views
The condo offers exceptional up-close mountain views and overlooks lush greenbelts and the community pool from multiple vantage points.
- Value Proposition
With a significant price reduction from the original $550,000 to $459,000, the property presents a strong investment opportunity in a sought-after community.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1973, the unit may require modern updates or renovations to compete with newer luxury developments in the area.
- Traffic Proximity
Located directly on Highway 74, the property may experience more ambient road noise than units situated deeper within residential neighborhoods.
- Market Stagnation
The history of multiple price drops since the initial listing suggests the property has faced challenges in attracting buyers at previous price points.
About 45817 Highway 74
Fabulous South Palm Desert Location -- Rarely on the Market! Walking Distance to El Paseo! Discover this beautiful condo in the peaceful Montecito Condos community, just moments from the world-class shopping, dining, and entertainment of El Paseo. This stylish 2-bedroom, 2-bath home offers an open floor plan with a spacious living area overlooking lush greenbelts, up-close mountain views, and a sparkling pool and spa. Enjoy the convenience of a single-car garage plus a private storage room. The low HOA fee of just $525/month covers exterior maintenance, two pools and spas, water, and trash. Multiple outdoor seating areas invite you to embrace the desert lifestyle--relax on the private front patio or unwind on the rear patio with views of the manicured grounds, shimmering pool, and majestic mountains. Don't miss this exceptional opportunity to own a year-round residence or desert retreat in the heart of Palm Desert!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $525.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,392 | 1,548 | 38% |
| Lot Size | - | 2,522 | 15% |
| Price | $459.0K | $489.0K | 43% |
| Price per sq ft | $330 | $324 | 53% |
| Built year | 1973 | 1979 | 19% |
| HOA | $525.0 | $750 | 16% |
| Days on market | 114 | 158 | 29% |
Pricing History
Listed for Sale
Feb 13, 2026
$459,000
$474,900
-3% Price Drop
Initial Listing
Price Change
Feb 5, 2026
$474,900
$489,900
-3% Price Drop
Initial Listing
Price Change
Jan 22, 2026
$489,900
$550,000
-11% Price Drop
Initial Listing
Price Change
Nov 14, 2025
$550,000
Initial Listing