
Palm Desert, California 92260
This Renovated Mountainback Townhome is a Prime Investment Opportunity, listed at $399,000—positioned well below the $408,042 Fair Market Value by 2%. This valuation gap provides $9,042 in Instant Equity for buyers. Featuring a Condition Rating of 3, the residence boasts a quartz galley kitchen, remodeled boutique-style bathrooms, and mountain views. Located near El Paseo and the 7-rated Palm Desert High School, it offers a turnkey lifestyle with resort amenities. This is an ideal acquisition for Seasonal Residents or Owner-Occupants seeking a high-value desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48652 Desert Flower Drive Subject | $399,000* List Price | 3 | 3 | 1,348 | $303 | - |
A 48724 Desert Flower Drive Sold | $313,500 | 2 | 2 | 1,207 | $260 | 0.0 mi |
B 72580 Moonridge Lane Sold | $468,000 | 3 | 2 | 1,548 | $302 | 0.3 mi |
C 72317 Merry Vale Way Sold | $417,000 | 2 | 2 | 1,320 | $316 | 0.0 mi |
D 48756 Desert Flower Drive Sold | $390,000 | 2 | 3 | 1,207 | $323 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone stylish renovations, particularly in the kitchen and bathrooms. It features modern quartz countertops, updated laundry appliances, and a fully remodeled primary walk-in shower. While the building was constructed in 1972, the interior finishes, including plantation shutters and neutral paint, are well-maintained and meet current aesthetic standards, though some kitchen appliances and flooring appear to be from a slightly older update cycle.
This move-in ready condo features a stylishly updated interior, including a galley kitchen with quartz countertops and fully remodeled bathrooms with a boutique hotel aesthetic.
Ideally situated on a coveted corner lot, the property is just minutes from the luxury shopping and dining of El Paseo, as well as top local attractions like The Living Desert Zoo.
Residents enjoy access to premium community features including sparkling pools, spas, and tennis/pickleball courts, all while benefiting from relatively low HOA fees.
Originally built in 1972, the property may have underlying infrastructure or common area elements that reflect its age despite the modern interior updates.
With only two assigned parking spaces for a three-bedroom residence, parking may become a challenge for households with multiple vehicles or frequent guests.
VIEWS, VIBES & DESERT DREAMING! Soak up the sun of Palm Desert in this stylishly renovated 3 bedroom condo, perfectly situated on a coveted corner lot, just minutes from the iconic El Paseo scene. A front entry, and two private patios, set the tone for effortless indoor–outdoor living. Enjoy a morning latte, or golden hour under the warm desert sky. Inside, you'll find this is the largest of the floorplans, offering 1348 sqft. The home blends clean design with relaxed California living. The galley kitchen shines with quartz countertops, a gas range, dishwasher, refrigerator, plus laundry! The open dining space flows seamlessly to a shaded side patio, creating a calm private retreat, and dining flexibility. From the living room, take in some killer views, framed by your wall to wall sliding door, plantation shutters, and a spacious layout that invites you to unwind. The remodeled downstairs powder bath is fresh and modern. Upstairs, three generous bedrooms offer comfort, privacy, and room to relax. The primary suite features its own en-suite bath with a fully renovated walk in shower that's giving boutique hotel energy. Family and friends will enjoy another full bathroom, with tub/shower and separate vanity. Whether you’re freshening up after a day on the courts, or prepping to head out on the town, this space, is perfect. Located in the sought after Mountainback community, you’ll have the convenience of two assigned parking spaces (including a covered carport) plus resort style amenities: sparkling pools, spa, tennis, and pickleball courts—all with low HOA fees. Moments from El Paseo’s luxury shopping and dining, The Living Desert Zoo & Gardens, and Civic Center Park’s 70 acres of trails, art, dog park, and rose garden. This is your chance to own a move in ready desert escape in one of Palm Desert’s most desirable pockets.
No exterior & parking available.
Grades 9-12 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 62% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 1,348 | 1,550 | 35% |
| Lot Size | - | 2,408 | 17% |
| Price | $399.0K | $500.0K | 23% |
| Price per sq ft | $296 | $332 | 29% |
| Built year | 1972 | 1979 | 17% |
| HOA | $449.0 | $760 | 9% |
| Days on market | 13 | 166 | 1% |
Apr 9, 2026
$399,000
Initial Listing
Apr 1, 1999
$98,500
Public Record