48963 Canyon Crest Lane, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath
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48963 Canyon Crest Lane
Palm Desert, California 92260
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,184Sq Ft
2,384Lot Size
Property Price
LIST PRICE$519,000
EST. MARKET VALUE
$479,404
8% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $565,000—positioned above the $516,015 Fair Market Value. While currently priced above the estimated market value, the property features a Condition Rating of 2, showcasing a comprehensive designer-quality renovation with a chef's kitchen and spa-inspired bathrooms. Residents enjoy a resort-style lifestyle with spectacular mountain views and access to six community pools. This home is an ideal sanctuary for seasonal retreat seekers or professional owner-occupants desiring a move-in ready residence in South Palm Desert.
Estimated Market Value
$479,404
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 |
|---|---|---|---|---|---|---|
★ 48963 Canyon Crest Lane Subject 2 bd · 2 ba · 1,184 sqft · $405 | $519,000* List Price | 2 | 2 | 1,184 | $405 | - |
A 48980 Wildwood Lane Sold 2 bd · 2 ba · 1,184 sqft · $354 · 0.1 mi | $419,500 | 2 | 2 | 1,184 | $354 | 0.1 mi |
B 48747 Sageflower Lane Sold 2 bd · 2 ba · 1,184 sqft · $312 · 0.1 mi | $369,000 | 2 | 2 | 1,184 | $312 | 0.1 mi |
C 72620 Rolling Knoll Drive Active 2 bd · 2 ba · 1,255 sqft · $414 · 0.1 mi | $519,500 List Price | 2 | 2 | 1,255 | $414 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive designer-quality renovation within the last 5 years, featuring a modern chef's kitchen with quartz countertops and premium KitchenAid appliances, spa-inspired bathrooms with marble tile, a newer HVAC system, and updated windows/flooring throughout.
PROSSTRENGTHS & OPPORTUNITIES
- High-End Designer Renovation
The property features a comprehensive, designer-quality remodel including a chef's kitchen with quartz countertops, premium KitchenAid appliances, and spa-inspired bathrooms with marble tile and Toto fixtures.
- Prime Location and Views
Situated in the desirable South Palm Desert area, this home offers exceptional western mountain views and overlooks one of the community's six pools, providing a quintessential desert resort experience.
- Extensive Community Amenities
Residents benefit from a gated environment with access to six pools and spas, tennis and pickleball courts, and close proximity to the world-class shopping and dining district of El Paseo.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The $604 monthly association fee is a significant recurring expense that may impact the overall affordability and appeal for budget-conscious buyers.
- Extended Market Time
With 64 days on the market and a recent price reduction from the original list price, the property may be facing challenges in buyer perception or initial overpricing relative to its square footage.
About 48963 Canyon Crest Lane
Experience elevated desert living in this stunning Indian Hills condo, featuring a high-end designer remodel completed in 2022. The beautifully appointed kitchen showcases custom cabinetry with soft-close drawers, quartz countertops, premium stainless steel Kitchenaid appliances, including a gas stove. Tile floors throughout, a stacked-stone fireplace, a custom built-in bar area in the living room, clerestory windows, and a vaulted dining area ceiling create a bright, inviting interior. Spa-like bathrooms feature Toto toilets, brushed nickel fixtures, quartz countertop and custom framed mirrors. A new Carrier HVAC system, new sliding glass doors, and a new kitchen window further enhance comfort and appeal.Enjoy fabulous western mountain views and a setting overlooking one of the community pools. A private gated courtyard entry, single-car garage, and separate carport complete this exceptional home. Ideally located in prime South Palm Desert, Indian Hills offers six community pools, five spas, tennis, and pickleball courts--all just minutes from El Paseo's renowned shopping and dining. Discover beautifully finished, move-in-ready living in this sought-after desert community.Please note that some of the property photos have been virtually staged. The seller is related to the listing agent.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1978
- Lot Size
- 2,384 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $604.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Palm Desert High School
Grades 9-12 • 3.7 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,184 | 1,495.459 |
| Lot Size | 2,384 | 2,698.484 |
| Price | $519.0K | $456.9K |
| Price per sq ft | $438 | $309 |
| Built year | 1978 | 1984 |
| HOA | $604.0 | $813 |
| Days on market | 132 | 88 |
Pricing History
Listed for Sale
Sep 14, 2026
$519,000
$565,000
-8% Price Drop
Initial Listing
Price Change
Jul 14, 2026
$565,000
$585,000
-3% Price Drop
Initial Listing
Price Change
Jun 15, 2026
$585,000
Initial Listing
Sold
Mar 31, 2022
$389,500
Public Record
Sold
Jul 16, 2003
$185,000
Public Record