48882 Quercus Lane, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 3 bath
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48882 Quercus Lane
Palm Desert, California 92260
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,857Sq Ft
2,513Lot Size
Property Price
LIST PRICE$500,000
EST. MARKET VALUE
$478,886
4% AboveMARKET VALUE
SUMMARY
This 3-bedroom, 3-bath Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $500,000—positioned slightly above the $494,804 Fair Market Value. While the property requires modernization due to its Fair Condition Rating (1974 original elements), its location in the gated Ironwood Country Club offers significant upside. The flexible floor plan and HOA-approved short-term rental potential make this an ideal Value-Add Asset for Buy-and-Hold Investors or Second-Home Buyers seeking to capitalize on mountain views and proximity to El Paseo.
Estimated Market Value
$478,886
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48882 Quercus Lane Subject 3 bd · 3 ba · 1,857 sqft · $258 | $500,000* List Price | 3 | 3 | 1,857 | $258 | - |
A 48747 Sageflower Lane Sold 2 bd · 2 ba · 1,184 sqft · $312 · 0.9 mi | $369,000 | 2 | 2 | 1,184 | $312 | 0.9 mi |
B 73439 Foxtail Lane Active 2 bd · 3 ba · 1,502 sqft · $280 · 0.1 mi | $420,000 List Price | 2 | 3 | 1,502 | $280 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1974 and maintained in mostly original condition, the property features dated elements such as popcorn ceilings, older carpeting, and mid-century fixtures. While functional and 'ready to enjoy,' the 50-year age and lack of recent renovations necessitate cosmetic updates and likely system overhauls to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The 1,853 sq. ft. layout features a rare 3-bedroom, 3-bath configuration with a main-floor bedroom and dual upstairs en-suites, ideal for multigenerational living or hosting guests.
- Prime Location & Views
Situated in the prestigious Ironwood Country Club, the property offers stunning mountain views and immediate proximity to a community pool and El Paseo’s luxury amenities.
- Investment Potential
The HOA allows short-term rentals, providing significant flexibility for owners looking to generate income or offset costs for a seasonal desert retreat.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2513, other record lot size in square feet = 2613. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- As-Is Condition
The property is sold in as-is condition with no seller repairs or cosmetic credits, which may necessitate additional immediate capital for modernizing the 1974 interiors.
- High Carrying Costs
A substantial $790 monthly HOA fee, combined with the fact that club membership is separate and not included, results in high recurring ownership expenses.
About 48882 Quercus Lane
Fall in love with the Desert Lifestyle. Set against the Santa Rosa Mountains in South Palm Desert's coveted Ironwood Country Club community, this spacious Garden Villa offers something increasingly hard to find: a flexible 3-bedroom, 3-bath floor plan designed for gathering together while still giving everyone their own space.With 1,853 sq. ft., the home lives generously. A convenient main-floor bedroom offers flexibility for guests, extended family or everyday living, while two private en-suite bedrooms upstairs create comfortable, separate retreats--an especially appealing layout for multigenerational living, visiting family and friends, or a second home where everyone has room to stay. An upstairs nook with mountain views provides the perfect spot for a desk or quiet workspace, without giving up a bedroom to create a home office.Light-filled living spaces capture beautiful mountain views, and the community pool is just steps away--making it easy to settle into the relaxed indoor-outdoor lifestyle Palm Desert is known for. Indoor laundry adds everyday convenience. Lovingly maintained by its longtime owners as a cherished desert retreat, the home is ready to enjoy now or offers the opportunity to update over time and create your own vision.Located within the private, gated Ironwood Country Club community in the Santa Rosa foothills, you're just minutes from El Paseo's renowned shopping and dining, The Living Desert, hiking and all that South Palm Desert has to offer. Whether you're searching for a seasonal escape, a gathering place for family and friends, an investment opportunity, or you're ready to make the desert your year-round home, this is a property that can evolve with the way you live.The HOA allows short-term rentals, subject to its rules, regulations and governing documents, adding another layer of flexibility for second-home ownership. Ironwood Country Club membership is separate, is not included with the property, and is not required for homeownership.Seller can accommodate a quick close. Property is offered as-is, with no seller repairs or cosmetic credits.Buyer and Buyer's agent to independently verify all information, including square footage, room count, HOA rules and approvals, rental requirements and restrictions, and Ironwood Country Club membership terms.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 2,513 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $790.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Palm Desert High School
Grades 9-12 • 3.2 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,857 | 1,495.459 |
| Lot Size | 2,513 | 2,698.484 |
| Price | $500.0K | $456.9K |
| Price per sq ft | $269 | $309 |
| Built year | 1974 | 1984 |
| HOA | $790.0 | $813 |
| Days on market | 51 | 88 |
Pricing History
Listed for Sale
Sep 15, 2026
$500,000
Initial Listing
Price Change
Sep 4, 2026
$535,000
Initial Listing
Sold
Feb 7, 2001
$232,000
Public Record
Sold
Dec 16, 1998
$165,000
Public Record