47 Conejo Circle, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 3 bath
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Palm Desert, California 92260
This All-Original End-Unit Condominium is a High-Potential Investment Opportunity, listed at $499,000—positioned well below the $517,938 Fair Market Value by 3%. This valuation gap offers $18,938 in Instant Equity for buyers. While the Condition Rating of 4 reflects its 1985 finishes, the property boasts premium triple views of the lake, golf course, and mountains. Located near Top-Rated Schools and resort amenities, it balances lifestyle with appreciation potential. This is an ideal match for Owner-Occupants seeking a custom desert retreat or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 47 Conejo Circle Subject | $499,000* List Price | 3 | 3 | 2,056 | $252 | - |
A 142 Camino Arroyo S Sold | $485,000 | 3 | 3 | 2,051 | $236 | 0.2 mi |
B 96 Presidio Place Sold | $489,000 | 3 | 3 | 2,051 | $238 | 0.2 mi |
C 211 Las Lomas Sold | $489,000 | 3 | 2 | 1,670 | $293 | 0.7 mi |
D 314 S Sierra Madre S Sold | $425,000 | 2 | 2 | 1,656 | $257 | 0.4 mi |
E 428 Sierra Madre S Sold | $530,000 | 3 | 2 | 1,800 | $294 | 0.4 mi |
F 265 Calle Del Verano Sold | $370,000 | 2 | 2 | 1,336 | $277 | 0.3 mi |
G 159 Camino Arroyo S Active | $438,000 List Price | 3 | 2 | 1,920 | $228 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is explicitly described as being in 'all-original' 1985 condition, meaning the kitchen, bathrooms, flooring, and mechanical systems are nearly 40 years old and have not undergone major renovations since construction. While the home is located in a well-maintained gated community with premium views, the interior components are aged and show signs of being significantly outdated, requiring minor to moderate updates to meet modern living standards.
As a desirable end-unit, this property offers premium triple views of the lake, golf course, and mountains, with an east-facing patio perfectly positioned for morning sun.
Located within the gated Chaparral C.C., residents benefit from a private golf course, tennis, pickleball, a fitness center, and a clubhouse with a full-service restaurant.
The home is ideally situated near luxury shopping, fine dining, and world-renowned event venues like the Indian Wells Tennis Garden and the Coachella festival grounds.
The property is in 'all-original' 1985 condition, necessitating a significant additional investment for modern renovations and cosmetic upgrades.
The association fee of $805 per month is a substantial recurring expense that may impact the overall affordability and appeal for budget-conscious buyers.
Welcome to a fantastic opportunity to make this home truly your own! This all-original end-unit property is ideally located within a gated community and offers breathtaking views of the lake, golf course, and surrounding mountains.Featuring 3 bedrooms and 3 bathrooms, the home is perfectly positioned to enjoy beautiful morning sun from the east-facing patio--an ideal setting for relaxing or entertaining.Residents enjoy access to a private golf course and an impressive array of amenities, including pickleball and tennis courts, bocce ball, a fully equipped gym, golf facilities, an activity center, and a clubhouse with a restaurant offering happy hour seven days a week.Conveniently located near fine dining, luxury shopping, casinos, theaters, and major entertainment venues, this home is also just a short distance from world-renowned events such as Stagecoach and Coachella, as well as premier destinations like PGA West and the Indian Wells Tennis Garden.Don't miss the chance to transform this well-located property into your perfect desert retreat!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 63% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 2,056 | 1,550 | 85% |
| Lot Size | 3,485 | 2,492 | 70% |
| Price | $499.0K | $517.0K | 49% |
| Price per sq ft | $243 | $333 | 4% |
| Built year | 1985 | 1979 | 87% |
| HOA | $805.0 | $761 | 68% |
| Days on market | 29 | 163 | 1% |
Mar 26, 2026
$499,000
Initial Listing