48665 Moon Terrace Lane, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath
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Palm Desert, California 92260
This Turnkey South Palm Desert Condo is listed at $529,000, offering a premium lifestyle opportunity in the Indian Hills community. With a Fair Market Value of $473,048, the valuation reflects the property's Good Condition Rating and its status as a fully furnished, move-in ready residence. The interior features a remodeled Chef's Kitchen and a private patio boasting Mountain Views. Zoned for the highly-rated Palm Desert High School, this residence combines resort-style amenities with immediate proximity to El Paseo. It is an ideal match for vacation home buyers or Owner-Occupants seeking a sophisticated, stress-free desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48665 Moon Terrace Lane Subject | $529,000* List Price | 2 | 2 | 1,184 | $400 | - |
A 72317 Merry Vale Way Sold | $417,000 | 2 | 2 | 1,320 | $316 | 0.2 mi |
B 48756 Desert Flower Drive Sold | $390,000 | 2 | 3 | 1,207 | $323 | 0.2 mi |
C 48624 Sundrop Court Sold | $630,000 | 2 | 2 | 1,278 | $493 | 0.5 mi |
D 72807 Don Larson Lane Sold | $480,000 | 2 | 2 | 1,191 | $403 | 0.9 mi |
E 48747 Sageflower Active | $375,000 List Price | 2 | 2 | 1,184 | $317 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1974, the property is move-in ready and offered turn-key furnished, indicating it has been well-maintained and updated. The description highlights a 'Chef's kitchen' that opens to the great room, suggesting modern cabinetry and appliances. The interior appears to have undergone significant renovations within the last 5-15 years, featuring updated flooring and fixtures that align with current market expectations for a 'Good' condition rating.
The property is offered fully furnished and move-in ready, providing an effortless transition for vacation home buyers or investors seeking a seamless move-in experience.
Situated just below the prestigious Bighorn Golf Club and two miles from El Paseo, the home offers unparalleled access to upscale shopping, fine dining, and premier hiking trails.
Located in the desirable Indian Hills subdivision, residents enjoy extensive amenities including multiple pools, spas, tennis, and pickleball courts set against a stunning mountain backdrop.
The association fee of $604 per month represents a significant recurring cost that may impact the overall affordability and debt-to-income ratio for some buyers.
Built in 1974, the condo may require more frequent maintenance or future capital improvements to aging infrastructure compared to newer developments in the area.
Charming South Palm Desert Condo is NOW on the market! Discover your dream home in the heart of Palm Desert, located just below the prestigious Bighorn Golf Club. This beautifully maintained condo is move-in ready - just bring your suitcase! It is nestled in the charming community of Indian Hills and offers the perfect blend of tranquility and convenience. Surrounded by mature trees and lush greenery, residents enjoy resort-style amenities, including pools, spas, tennis, and pickle-ball courts. Love the outdoors? Hiking, biking, and nature trails are right outside your door. Prefer city life? Upscale shopping and fine dining on El Paseo are just two miles away. Catch a show at the McCallum Theatre or take a scenic drive to Idyllwild--this location has it all! This beautifully appointed condo is offered turn-key furnished. Inside, you'll find: 2 bedrooms, 2 bathrooms - thoughtfully designed for comfort and style: Chef's kitchen - opens to the lovely great-room and perfect for entertaining: Outdoor Living at Its Best: surrounded by breathtaking desert scenery. Fire up the grill, unwind with your beverage of choice and soak in the stunning mountain backdrop. Indian Hills is a hidden gem--don't miss this opportunity! Schedule your visit today.
No exterior & parking available.
Grades 9-12 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,184 | 1,548 | 17% |
| Lot Size | 2,178 | 2,408 | 48% |
| Price | $529.0K | $517.0K | 53% |
| Price per sq ft | $447 | $335 | 81% |
| Built year | 1974 | 1979 | 23% |
| HOA | $604.0 | $760 | 26% |
| Days on market | 79 | 162 | 11% |
Mar 12, 2026
$529,000
$549,000
-4% Price Drop
Initial Listing
Feb 2, 2026
$549,000
Initial Listing
Aug 29, 2012
$235,000
Public Record
Jan 28, 2011
$150,000
Public Record