48521 Olympic Drive, Palm Desert, California 92260, Palm Desert, 92260 - 4 bed, 5 bath

48521 Olympic Drive
Palm Desert, California 92260
Property Price
SUMMARY
Analysis of 48521 Olympic Drive, Palm Desert, California 92260 reveals a Fairly Priced Property with a current list price of $1,700,000 aligned with the estimated $1,716,302 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Palm Desert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48521 Olympic Drive Subject | $1,700,000* List Price | 4 | 5 | 3,613 | $475 | - |
A 48285 Monterra Circle W Sold | $1,550,000 | 4 | 4 | 3,255 | $476 | 0.3 mi |
B 73230 Desert Rose Drive Sold | $1,425,000 | 3 | 3 | 3,087 | $462 | 0.8 mi |
C 73086 Monterra Circle N Sold | $1,300,000 | 3 | 5 | 3,225 | $403 | 0.5 mi |
D 73042 Galleria Court Sold | $1,650,000 | 4 | 4 | 3,225 | $512 | 0.4 mi |
E 48335 Alan Circle Sold | $1,270,000 | 4 | 5 | 3,019 | $421 | 0.2 mi |
F 73043 Monterra Circle W Active | $1,550,000 List Price | 3 | 5 | 3,225 | $481 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition and has been meticulously maintained since its construction in 2002. The kitchen features high-quality granite countertops and stainless steel appliances that remain functional and stylish. While some finishes reflect the original build date, the home offers significant upgrades including a fully paid-for solar system and well-preserved ensuite bathrooms. The overall quality of the flooring, soaring ceilings, and resort-style exterior indicates a high level of upkeep with no immediate need for major renovations.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 15246, living area = 3613.
- Energy Efficiency
The property includes a fully paid-for solar system, offering substantial long-term energy savings and a sustainable luxury amenity that is highly valued in the desert climate.
- Ensuite Accommodations
All four bedrooms are thoughtfully designed as private ensuites, providing superior comfort and ideal separation for guests or multi-generational living.
CONSRISKS & DEFICIENCIES
- Limited Views
The property features only 'peek-a-boo' views, which may be a disadvantage for luxury buyers in South Palm Desert who prioritize unobstructed mountain or valley vistas.
- Dated Aesthetic Potential
Built in 2002, the interior finishes—such as the granite countertops and architectural styling—may require modern updates to compete with the contemporary aesthetics of newer luxury builds.
About 48521 Olympic Drive
Located in the highly desirable Summit community of South Palm Desert, this exceptional residence blends architectural presence, generous scale, and refined luxury with remarkable privacy. Featuring 4 bedrooms and 5 bathrooms, each bedroom is thoughtfully designed as a private ensuite, offering elevated comfort and ideal separation for both residents and guests.Spanning approximately 3,613 square feet, the home is defined by soaring ceilings, and an abundance of natural light that enhances the sense of volume throughout. The well-appointed chef's kitchen showcases granite countertops, stainless steel appliances, a substantial center island, and seamless connectivity to the main living spaces--perfectly suited for sophisticated entertaining and everyday elegance.The expansive 15,246 square foot lot creates a true resort-style setting, offering generous outdoor living areas with exceptional privacy. Whether hosting intimate gatherings or larger events, the grounds provide flexibility and ambiance in a serene desert backdrop.Adding to the home's value and efficiency, the property is equipped with fully paid-for solar, delivering long-term energy savings while supporting a modern, sustainable lifestyle--an increasingly desirable luxury amenity.Meticulously maintained and thoughtfully cared for, this residence presents a rare opportunity to own a refined home in one of South Palm Desert's most sought-after communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 15,246 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $126.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Palm Desert High School
Grades 9-12 • 3.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 5.0 | 3.0 | 83% |
| Square foot | 3,613 | 2,309 | 87% |
| Lot Size | 15,246 | 10,019 | 83% |
| Price | $1.70M | $870.5K | 81% |
| Price per sq ft | $471 | $390 | 69% |
| Built year | 2002 | 1983 | 90% |
| HOA | $126.0 | $0 | 60% |
| Days on market | 8 | 160 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,700,000
Initial Listing
Sold
Jun 1, 2012
$750,000
Public Record
Sold
Jun 22, 2004
$950,000
Public Record
Sold
Jun 20, 2002
$740,000
Public Record
Sold
Jul 10, 2000
$137,000
Public Record




































































































