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

48521 Olympic Drive, Palm Desert, California 92260 home-pic-0

48521 Olympic Drive

Palm Desert, California 92260

ACTIVE
CONDITION: GOOD
4Beds
5Baths
3,613Sq Ft
15,246Lot Size

Property Price

LIST PRICE$1,700,000
EST. MARKET VALUE
$1,716,302

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

$1,716,302
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
48521 Olympic Drive
Subject
$1,700,000*
List Price
453,613$475-
A
48285 Monterra Circle W
Sold
$1,550,000443,255$4760.3 mi
B
73230 Desert Rose Drive
Sold
$1,425,000333,087$4620.8 mi
C
73086 Monterra Circle N
Sold
$1,300,000353,225$4030.5 mi
D
73042 Galleria Court
Sold
$1,650,000443,225$5120.4 mi
E
48335 Alan Circle
Sold
$1,270,000453,019$4210.2 mi
F
73043 Monterra Circle W
Active
$1,550,000
List Price
353,225$4810.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
57%
Baths5.03.0
83%
Square foot3,6132,309
87%
Lot Size15,24610,019
83%
Price$1.70M$870.5K
81%
Price per sq ft$471$390
69%
Built year20021983
90%
HOA$126.0$0
60%
Days on market8160
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

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