48435 Alamo Drive, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
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Palm Desert, California 92260
This Renovated Resort-Style Condominium is listed at $535,000, offering a stable and fair acquisition price near its $520,450 Fair Market Value. Boasting an Excellent Condition Rating following an extensive renovation, the home features a modernized kitchen with quartz countertops and a brand-new HVAC system. Residents enjoy Mountain Views and elite amenities at the Palm Desert Tennis Club, including eight lighted courts and a heated lap pool. Located near Palm Desert High School, this turnkey sanctuary is ideal for Owner-Occupants or Seasonal Residents seeking a sophisticated desert lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48435 Alamo Drive Subject | $535,000* List Price | 3 | 2 | 1,637 | $318 | - |
A 72975 Grass Court Sold | $499,000 | 3 | 2 | 1,637 | $305 | 0.0 mi |
B 48275 Racquet Lane Sold | $489,000 | 3 | 2 | 1,823 | $268 | 0.1 mi |
C 72580 Moonridge Lane Sold | $468,000 | 3 | 2 | 1,548 | $302 | 0.4 mi |
D 72516 Sandstone Lane Sold | $517,000 | 3 | 2 | 1,654 | $313 | 0.5 mi |
E 48833 Owl Lane Sold | $445,000 | 2 | 2 | 1,271 | $350 | 0.5 mi |
F 73746 Manzanita Court Sold | $460,000 | 3 | 3 | 1,543 | $298 | 0.8 mi |
G 72915 Homestead Road Active | $469,000 List Price | 3 | 2 | 1,568 | $299 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that brings it up to modern standards. The kitchen is fully updated with white shaker cabinetry, quartz countertops, a stylish full-height subway tile backsplash, and high-end stainless steel appliances, including a wine refrigerator. The interior features a brand-new HVAC system, updated recessed and track lighting, and an open-concept layout. While the Saltillo tile flooring reflects the home's 1973 desert heritage, it is well-maintained and integrated into a contemporary design. The property is move-in ready with no signs of deferred maintenance.
The residence features a brand-new HVAC system and a fully renovated kitchen with an open-concept layout, providing immediate move-in readiness and modern energy efficiency.
Located within the Palm Desert Tennis Club, owners have access to elite facilities including eight lighted tennis courts, a 55-foot lap pool, and the valley's only indoor squash court.
Situated just minutes from the upscale El Paseo shopping and dining district, this property offers a high-demand location for both full-time residents and seasonal renters.
The monthly HOA fee of $1,108 is substantial and may impact the overall affordability or net ROI for potential investment buyers.
Originally constructed in 1973, the property may require ongoing attention to older infrastructure and common area maintenance typical of mid-century developments.
Welcome to the highly desirable Palm Desert Tennis Club, where resort-style living meets everyday comfort in the heart of South Palm Desert.This beautifully situated 3-bedroom, 2-bath residence offers 1,637 square feet of thoughtfully designed living space. The home features a brand new HVAC system and an updated open-concept layout filled with natural light, creating a warm and inviting atmosphere that's perfect for both relaxed living and entertaining.The renovated kitchen is light, bright, and well-appointed, seamlessly connecting to the main living areas. The spacious primary suite serves as a private retreat with an en-suite bath, while two additional bedrooms provide flexibility for guests or a home office.Enjoy true indoor-outdoor desert living with two private patio spaces, ideal for morning coffee, evening gatherings, or simply soaking in the peaceful surroundings.As part of the Palm Desert Tennis Club, residents have access to exceptional amenities, including a fully renovated clubhouse overlooking eight lighted tennis courts, a 55-foot heated lap pool, and the valley's only indoor squash court. The community also features indoor and outdoor entertaining areas, a bar and kitchen, library and conference room, recreation spaces with ping pong and pool tables, and a 24-hour fitness center, all set within beautifully maintained grounds.Located just minutes from the upscale shopping and dining of El Paseo, this home offers the perfect blend of convenience, lifestyle, and investment potential, ideal as a full-time residence, seasonal getaway, or income property.
No exterior & parking available.
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 62% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,637 | 1,550 | 57% |
| Lot Size | 2,178 | 2,408 | 48% |
| Price | $535.0K | $502.5K | 53% |
| Price per sq ft | $327 | $332 | 47% |
| Built year | 1973 | 1979 | 21% |
| HOA | $1108.0 | $760 | 94% |
| Days on market | 23 | 166 | 1% |
Mar 30, 2026
$535,000
Initial Listing
Dec 18, 2023
$462,000
Public Record
Dec 2, 2019
$268,000
Public Record
Apr 5, 2011
$280,000
Public Record
Feb 11, 1999
$23,000
Public Record