47200 Desert Lily Drive, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 5 bath
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Palm Desert, California 92260
This Custom Single Family Residence is a Strong Value Opportunity, listed at $2,150,000—positioned well below the $2,156,455 Fair Market Value by 0.3%. Featuring a 3,550 sq ft layout with a pool, spa, and panoramic mountain views, the home maintains a Condition Rating of 3. While the property includes a partial land lease, the expansive 20,000 sq ft lot and proximity to Palm Desert High School offer significant lifestyle appeal. This is an ideal acquisition for Owner-Occupants seeking a luxury desert retreat or lifestyle-focused buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 47200 Desert Lily Drive Subject | $2,150,000* List Price | 3 | 5 | 3,550 | $607 | - |
A 73062 Galleria Court Sold | $2,050,000 | 3 | 5 | 3,225 | $636 | 0.5 mi |
B 73165 Fiddleneck Lane Sold | $1,835,550 | 4 | 3 | 3,696 | $497 | 0.5 mi |
C 73286 Goldflower Street Sold | $2,060,000 | 4 | 3 | 3,040 | $678 | 0.1 mi |
D 132 Vista Monte Sold | $1,650,000 | 4 | 5 | 3,783 | $436 | 0.9 mi |
E 48651 Shady View Drive Sold | $2,150,000 | 3 | 4 | 3,474 | $619 | 0.9 mi |
F 48285 Monterra Circle W Sold | $1,550,000 | 4 | 4 | 3,255 | $476 | 0.6 mi |
G 46490 Desert Lily Drive Active Under Contract | $1,595,000 List Price | 4 | 4 | 3,400 | $469 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003, this custom home is approximately 21 years old and remains in well-maintained, move-in ready condition. The kitchen and bathrooms feature high-end finishes like Dacor appliances and custom cabinetry that, while stylistically dated to the early 2000s, are fully functional. The addition of leased solar and remote-controlled systems indicates consistent maintenance of the home's infrastructure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20038, living area = 3550.
The property sits on a massive 20,000 sq ft lot featuring a pool, built-in BBQ, dual gas firepits, and ample space for RV parking, making it a premier choice for desert living.
This 3,550 sq ft custom home offers a sophisticated open floor plan with high-end Dacor appliances, a double-sided fireplace, and a private guest wing with independent outdoor access.
A portion of the lot is leased from the adjacent HOA, which may complicate full ownership rights and impact future resale considerations.
The solar system is leased rather than owned, requiring the buyer to assume an existing contract and its associated monthly financial obligations.
47200 Desert Lily offers the chance to own a custom-built 3,550 sq ft home on a 20,000 sq ft lot with 1,000 sq ft of garage space in South Palm Desert, built in 2003. The second owner is selling it furnished. Guests enter through a formal entry with an etched glass door into a spacious, open living room featuring a double-sided fireplace shared with the family room. The dining area is perfect for hosting holiday dinners, while the expansive kitchen and family room are ideal for casual gatherings. The kitchen boasts an oversized Dacor range and oven, built-in fridge, step-in pantry, and under-counter microwave. Remote-controlled blinds and exterior solar shades are found in the primary bedroom, family room, and den, along with a rear patio awning. The primary bedroom includes two bathrooms, two closets, and a large tub under an etched glass window. On the opposite side of the house is the guest wing; two suites with private baths and doors to access the outside. Additionally, there's a den with views to the west and a powder room tucked away near the entry. In the rear yard is the expansive patio entertaining area and pool. Theres a built in bbq, TV hook ups, double gas firepits and awning. Part of the land is leased from the adjacent HOA, and leased solar is in place and ready for transfer. Enough yard space to park an RV.
No exterior & parking available.
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 5.0 | 3.0 | 81% |
| Square foot | 3,550 | 2,428 | 82% |
| Lot Size | 20,038 | 10,236.5 | 85% |
| Price | $2.15M | $970.0K | 85% |
| Price per sq ft | $606 | $425 | 75% |
| Built year | 2003 | 1979 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 180 | 1% |
May 14, 2026
$2,150,000
Initial Listing
Oct 31, 2014
$915,000
Public Record
Oct 18, 2002
$153,000
Public Record
Oct 21, 1999
$133,000
Public Record