48747 Sageflower Lane, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath
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Palm Desert, California 92260
This property presents a High-Potential Investment Opportunity with a List Price of $369,900—positioned well below the $257,568 Fair Market Value by -43%. Featuring a Condition Rating of 5, the home requires significant interior completion, including flooring and appliance installation. Located in a prime Palm Desert area with Mountain Views, this asset offers a strategic value-add project for Fix-and-Flip Investors or Contractors. While the association fee is notable, the location near Palm Desert High School ensures long-term demand for this renovation-ready project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48747 Sageflower Lane Subject | $369,900* List Price | 2 | 2 | 1,184 | $275 | - |
A 72922 Ken Rosewall Lane Sold | $320,000 | 3 | 2 | 1,170 | $274 | 0.9 mi |
B 72520 Sandstone Lane Sold | $397,000 | 2 | 2 | 1,440 | $276 | 0.2 mi |
C 72308 Valley Crest Lane Sold | $457,000 | 3 | 2 | 1,654 | $276 | 0.2 mi |
D 72957 Arthur Ashe Lane Active | $299,000 List Price | 2 | 3 | 1,258 | $238 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1974 (50 years old), the property is currently in a state of partial rehab. While the kitchen cabinets and bathroom tile have been updated within the last 10-15 years, the home features unfinished concrete floors, missing kitchen appliances, and exposed wall sections with unfinished electrical/plumbing, making it not move-in ready.
Situated in the desirable Indian Hills subdivision, this property offers close proximity to world-class golf, El Paseo shopping, and fine dining, making it a highly sought-after address.
The property features picturesque mountain views that enhance the desert living experience and provide a serene, high-value backdrop for the outdoor living spaces.
Listed at $369,900, the property is priced competitively below its 2021 sale price of $390,000, offering an excellent entry point or investment opportunity in a premium market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1184, other record lot size in square feet = 2178.
The monthly association fee of $582 is relatively high for a 1,184-square-foot condominium, which may impact the debt-to-income ratio for some buyers.
Built in 1974, the property may feature aging infrastructure or original systems that could require future capital improvements compared to newer developments in the area.
Welcome to this beautifully maintained Palm Desert residence offering the perfect blend of comfort, style, and desert living. Situated in a desirable location, this home features an open and inviting floor plan with abundant natural light, spacious living areas, and seamless indoor-outdoor flow. Enjoy the desert lifestyle from the private outdoor spaces, perfect for relaxing, dining, or taking in the picturesque surroundings. Conveniently located near world-class golf, dining, shopping, entertainment, and all that Palm Desert has to offer. Whether you're seeking a primary residence, vacation home, or investment opportunity, this exceptional property is not to be missed.
No exterior & parking available.
Grades 9-12 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,184 | 1,548 |
| Lot Size | 1,184 | 2,178 |
| Price | $369.9K | $473.9K |
| Price per sq ft | $312 | $321 |
| Built year | 1974 | 1983 |
| HOA | $582.0 | $800 |
| Days on market | 43 | 69 |
Jun 9, 2026
$369,900
Initial Listing
Nov 30, 2021
$390,000
Public Record
May 2, 2016
$249,000
Public Record
Jun 17, 2011
$147,000
Public Record
Apr 19, 2005
$307,000
Public Record
Nov 5, 2003
$195,000
Public Record
Mar 1, 2001
$126,000
Public Record