48700 Paisano Rd, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
48700 Paisano Rd
Palm Desert, California 92260
Property Price
SUMMARY
Analysis of 48700 Paisano Rd, Palm Desert, California 92260 is currently available with a list price of $2,200,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1979, the property shows significant signs of age and deferred maintenance. The exterior features dated pink stucco, mismatched architectural additions, and visible clutter/debris around the structure. The complete absence of interior kitchen or bathroom photos in a high-priced listing strongly suggests the interior is in original, outdated, or deteriorating condition. The listing description itself identifies the home as a 'canvas for a major renovation,' confirming that the value is primarily in the 3.35-acre lot rather than the existing structure.
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 = 145926, living area = 1875.
- Expansive Acreage
The property sits on a rare 3.35-acre lot in Cahuilla Hills, providing unparalleled privacy and significant potential for creating a massive custom outdoor estate.
- Prime Location
Situated just minutes from the world-class El Paseo Shopping District and surrounded by elite clubs like Big Horn and Ironwood, the location is highly prestigious.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1979, the home likely requires substantial modernization and updates to meet the expectations of contemporary luxury buyers.
- High Price per Square Foot
At a $2.2M list price for 1,875 square feet, the valuation is heavily weighted on the land, resulting in a very high cost per square foot for the existing structure.
- Limited Interior Living Space
The 3-bedroom, 2-bathroom footprint is relatively modest for this price point, which may be a drawback for buyers seeking grander interior proportions.
About 48700 Paisano Rd
3-bedroom / 2-bathroom 1,875 SF home in desirable Cahuilla Hills, just south of Palm Desert. Situated on 3.35 scenic acres with a pool. Large lot perfect for creating an outdoor oasis and ensuring privacy and optimum views. Exclusive and tranquil setting offers privacy nestled into the natural desert surroundings. Minutes away from the renowned El Paseo Shopping District, home to Gucci, Louis Vuitton, Saks Fifth Avenue, Mastro's Steakhouse, and more. Surrounded by prestigious, exclusive communities such as Big Horn Golf Club, Ironwood County Club, and The Reserve Club. *Brochure can be downloadable in the ''Document'' tab.* Appointment only. Please call Claire Harvey at (760) 636-3501 to set up an appointment.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 145,926 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Palm Desert High School
Grades 9-12 • 4.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 1,875 | 2,252 | 34% |
| Lot Size | 145,926 | 10,019 | 99% |
| Price | $2.20M | $870.5K | 86% |
| Price per sq ft | $1.2K | $390 | 97% |
| Built year | 1979 | 1983 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 393 | 162 | 96% |
Pricing History
Listed for Sale
Feb 7, 2025
$2,200,000
Initial Listing