45931 Panorama Drive, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath

45931 Panorama Drive, Palm Desert, California 92260 home-pic-0
ACTIVE$810,000
45931 Panorama Drive, Palm Desert, California 92260
3Beds
2Baths
1,444Sqft
7,841Lot
Year Built
1973
Close
-
List price
$810K
Original List price
$825K
Price/Sqft
$561
HOA
-
Days on market
-
Sold On
-
MLS number
25505953PS
Home ConditionExcellent
Features
Good View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

Possibly Over-Priced:The estimated price is 53% below the list price. We found 3 Cons,6 Pros. Rank: price - $810.0K(49th), sqft - 1444(17th), beds - 3(50th), baths - 2(38th).

Welcome to your private oasis in the heart of South Palm Desert, where modern elegance meets effortless entertaining. This meticulously updated 3-bedroom, 2-bathroom residence offers an unparalleled lifestyle, perfect for discerning second home buyers or those seeking refined desert living. Step inside and be captivated by the seamless open-concept design, ideal for hosting gatherings of any size. The living area flows effortlessly into the dining and kitchen spaces, creating an inviting atmosphere bathed in natural light. Recent renovations include stunning updated flooring and exquisitely remodeled bathrooms, reflecting contemporary sophistication. Two sets of elegant French doors seamlessly connect the kitchen to the expansive covered patio, blurring the lines between indoor and outdoor living. Step onto the patio and discover your private resort. The sparkling pool and spa create a serene backdrop for relaxation and entertainment. Imagine hosting unforgettable soires under the desert stars, with ample space for lounging and dining. This corner lot provides enhanced privacy and a sense of spaciousness, a true rarity in this coveted location. This exceptional residence is ideally situated, placing you within easy reach of the renowned El Paseo shopping district, the prestigious Paribas Open tennis tournament, and a plethora of high-end dining and entertainment options. Experience the unparalleled luxury and convenience of this coveted location, perfect for those seeking an active desert lifestyle. Don't miss this opportunity to own a slice of paradise in South Palm Desert. Leased Solar with charging station located in the attached garage

Condition Rating
Excellent

Despite being built in 1973, this property has undergone extensive and meticulous recent renovations, as highlighted in the description and evident in the images. The kitchen features modern white shaker cabinets, stainless steel appliances, and quartz countertops, all appearing new. Both bathrooms are exquisitely remodeled with contemporary marble-look tiling, new vanities, and glass-enclosed showers. The entire home boasts updated wood-look laminate flooring and recessed lighting, creating a fresh, open-concept living space. The property presents as virtually new inside, with no visible deferred maintenance and high-quality finishes throughout.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1444.
Extensive Modern Updates: The residence has been meticulously updated with stunning new flooring and exquisitely remodeled bathrooms, reflecting contemporary sophistication and offering a move-in ready experience.
Private Resort-Style Outdoor Living: The property boasts a sparkling pool and spa, an expansive covered patio, and ample space for lounging and dining, creating a private resort-like oasis perfect for relaxation and entertaining.
Prime South Palm Desert Location: Ideally situated in the heart of South Palm Desert, the home offers easy access to the renowned El Paseo shopping district, the Paribas Open, and a plethora of high-end dining and entertainment options.
Energy Efficiency & EV Ready: Equipped with a leased solar system and an EV charging station in the attached garage, the property offers modern energy solutions and convenience for electric vehicle owners.
Enhanced Privacy & Open Concept: Positioned on a corner lot, the property provides enhanced privacy and a sense of spaciousness, complemented by a seamless open-concept design ideal for hosting gatherings.

Cons

Potential Overpricing: The current listing price of $810,000 is significantly higher than the property's estimated value and most recently sold comparable properties of similar size and age in the immediate vicinity, suggesting a potential overvaluation.
Leased Solar System: The solar system is leased, meaning the buyer will inherit a monthly payment and contractual obligation, which can be less desirable than an owned solar system that provides full energy savings without ongoing lease costs.
Age of Original Construction: Built in 1973, the property is over 50 years old. While extensively updated cosmetically, the underlying original infrastructure (e.g., plumbing, electrical, foundation) may require further inspection and potential future maintenance.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state