48700 Paisano Rd, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
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Palm Desert, California 92260
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.
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absence of interior kitchen or bathroom photos in a high-priced listing strongly suggests the interior is in original, outdated, or deteriorating condition.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.
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.
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.
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.
Built in 1979, the home likely requires substantial modernization and updates to meet the expectations of contemporary luxury buyers.
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.
The 3-bedroom, 2-bathroom footprint is relatively modest for this price point, which may be a drawback for buyers seeking grander interior proportions.
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.
No exterior & parking available.
Grades 9-12 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 1,875 | 2,279 | 31% |
| Lot Size | 145,926 | 10,019 | 99% |
| Price | $2.20M | $920.5K | 88% |
| Price per sq ft | $1.2K | $412 | 98% |
| Built year | 1979 | 1979 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 440 | 182 | 98% |
Feb 7, 2025
$2,200,000
Initial Listing