46123 Highway 74, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
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Palm Desert, California 92260
This Furnished South Palm Desert Condo is a Prime Investment Opportunity listed at $499,990—positioned well below the $512,676 Fair Market Value by 2%. This valuation gap provides $12,686 in Instant Equity. Boasting an Excellent Condition Rating, the home features a remodeled quartz kitchen, panoramic mountain views, and a flexible den layout. Located walking distance to El Paseo and within the Palm Desert High School boundary, this turnkey residence offers a premium lifestyle. It is perfectly suited for seasonal residents or Owner-Occupants seeking a sophisticated desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 46123 Highway 74 Subject | $499,990* List Price | 3 | 2 | 1,279 | $401 | - |
A 73255 Shadow Mountain Drive Sold | $555,000 | 2 | 3 | 1,240 | $448 | 0.5 mi |
B 73265 Shadow Mountain Drive Sold | $500,000 | 2 | 2 | 1,345 | $372 | 0.5 mi |
C 72835 Don Larson Lane Sold | $350,000 | 2 | 3 | 1,258 | $278 | 0.5 mi |
D 251 Sandpiper Street Active | $575,000 List Price | 2 | 2 | 1,200 | $479 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1963, the property has undergone an extensive recent renovation that meets modern quality standards. The kitchen is fully remodeled with quartz countertops, designer backsplash, and contemporary cabinetry. The home features updated bathrooms, modern light fixtures, tile flooring throughout, and is presented in move-in ready condition with no visible deferred maintenance.
Ideally situated within walking distance to the prestigious El Paseo shopping district, fine dining, and scenic hiking trails, offering high desirability for both residents and renters.
The condo features a fully remodeled kitchen with quartz countertops and designer finishes, and is offered fully furnished, making it a move-in-ready investment or second home.
The floor plan includes a flexible den with pocket doors that functions as a third bedroom, complemented by multiple private patios and seamless access to the community pool and greenbelt.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2613, other record lot size in square feet = 3049. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1279, other record living area = 1619. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The association fee of $655 per month represents a significant recurring cost that may impact the debt-to-income ratio for buyers or reduce net yields for investors.
Built in 1963, the property may have underlying infrastructure limitations or maintenance requirements typical of older buildings that cosmetic renovations do not fully address.
South Palm Desert Condo | Furnished | Mountain Views | Near El PaseoWelcome to 46123 Hwy 74, Palm Desert, CA--a furnished South Palm Desert condo. Walking distance from El Paseo, dining, and hiking. This updated, move-in ready home offers mountain views, abundant natural light, and seamless indoor-outdoor living.Inside, a bright open layout features large sliders to a private patio and a remodeled kitchen with quartz countertops, modern cabinetry, and designer backsplash, flowing effortlessly into the living and dining areas.The spacious primary suite features its own attached patio, offering a private extension of the living space outdoors.A flexible den with pocket doors easily serves as a second bedroom, guest space, or office, while the additional bedroom is light-filled with ample storage.Outside, enjoy a private patio with greenbelt access leading directly to the pool and spa, surrounded by palm trees and mountain backdrops.Offered furnished and ready for immediate use, this is an ideal full-time residence, second home, or investment property in one of Palm Desert's most desirable locations.
No exterior & parking available.
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,279 | 1,548 | 26% |
| Lot Size | 2,613 | 2,492 | 52% |
| Price | $500.0K | $502.5K | 49% |
| Price per sq ft | $391 | $335 | 69% |
| Built year | 1963 | 1979 | 8% |
| HOA | $655.0 | $760 | 31% |
| Days on market | 29 | 162 | 1% |
Mar 24, 2026
$499,990
Initial Listing
Aug 17, 2007
$140,000
Public Record