49659 N Canyon View Drive, Palm Desert, California 92260, Palm Desert, 92260 - 4 bed, 6 bath

49659 N Canyon View Drive, Palm Desert, California 92260 home-pic-0

49659 N Canyon View Drive

Palm Desert, California 92260

ACTIVE
CONDITION: GOOD
4Beds
6Baths
6,187Sq Ft
16,988Lot Size

Property Price

LIST PRICE$4,980,000
EST. MARKET VALUE
$5,302,159
6% BelowMARKET VALUE

SUMMARY

Analysis of 49659 N Canyon View Drive, Palm Desert, California 92260 reveals a Prime Investment Opportunity with a current list price of $4,980,000—significantly undercutting the $5,302,159 Fair Market Value by 6%. This valuation gap indicates a +$322,159 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$5,302,159 +$322,159 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
49659 N Canyon View Drive
Subject
$4,980,000*
List Price
466,187$857-
A
73890 Desert Garden Trail
Sold
$4,700,000455,345$8790.8 mi
B
49967 Ridge View Way
Active
$5,999,000
List Price
446,265$9580.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2007, this estate falls within the 10-20 year age bracket for a 'Good' condition rating. The property is move-in ready and features high-end, well-maintained components including a gourmet kitchen with Subzero and Wolf appliances, hand-chiseled limestone flooring, and Venetian plaster. While the styling is timeless and elegant, it has not undergone a full recent renovation to meet the 'Excellent' criteria, though it remains in superior, well-preserved condition.

PROSSTRENGTHS & OPPORTUNITIES

  • Panoramic Views & Prime Location

    Situated on a premium elevated lot within the Ironwood Country Club, the property offers breathtaking 180-degree views of the golf course and mountains, complemented by an infinity pool and spa.

  • Superior Craftsmanship & Design

    Built by Cherokee Homes with an artist's inspiration, the estate features high-end finishes including Venetian plaster, hand-distressed wood beams, Weiland sliders, and a gourmet kitchen with Subzero and Wolf appliances.

  • Versatile Guest Accommodations

    The property includes a substantial, private two-bedroom casita with its own kitchen, living area, and laundry, providing an ideal setup for multi-generational living or long-term guests.

CONSRISKS & DEFICIENCIES

  • Multi-Level Casita Layout

    While the main house is conveniently single-level, the casita is split across two levels with bedrooms on the lower floor, which may pose accessibility challenges for some occupants.

  • High Maintenance Complexity

    The expansive 6,187-square-foot floor plan and specialized materials like hand-chiseled limestone and Venetian plaster require significant upkeep and higher-than-average maintenance costs.

About 49659 N Canyon View Drive

An Artist owned and inspired the design of this classic, timelessly elegant view home. This estate home has a European elegance and sophisticated feeling throughout. The views are stunning as the home sits on a premium elevated lot with 180 degree views of the Ironwood Country Club's golf course & the mountains. It built with superior quality by Cherokee homes with their customary attention to every detail. Enter through the private gate into a courtyard with a charming fountain. The formal entry leads to the gourmet kitchen. Perfect for a great cook and for entertaining family and friends, the kitchen has a solid marble farmhouse sink, honed granite island, granite slab countertops, breakfast bar, top of the line Subzero, Wolf and Bosch appliances, a pantry & great light. There is a wine room, artist's studio, & breakfast room. The family, living & formal dining rooms have high, hand-distressed wooden beamed ceilings. Venetian plastered walls decorate the spacious & elegant formal dining room. The doors in the main house are 8 foot solid wood. The floors are slate, hand chiseled limestone & carpeted. Tall Weiland sliders disappear into the walls of the huge living room & open to the covered patio, infinity pool, spa & the sweeping views. The main house has two bedrooms with ensuite baths. Antique doors open to the primary bedroom with its cozy fireplace, & adjoining private office. French doors lead from the primary bedroom to the spa. The guest bedroom has an office area & doors that open to a private patio. Enter the charming two bedroom, two bath private casita from the front courtyard. The main house is all one level. The Casita has a main level living area and lower level with two ensuite bedrooms and a private patio. The ground level of the Casita has a great room, kitchen, powder room and laundry with wood engineered & travertine floors. The driveway leads to the 2 car golf cart garage, directly across from the oversized 2 car garage. The exterior of the home was recently painted.This home is a timeless classic. It has privacy and a warm & inviting ambiance. Shown by appointment, easy to show.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2007
Lot Size
16,988 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
6 (6 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$633.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
57%
Baths6.03.0
94%
Square foot6,1872,309
97%
Lot Size16,98810,019
86%
Price$4.98M$870.5K
96%
Price per sq ft$805$390
92%
Built year20071983
94%
HOA$633.0$0
82%
Days on market12160
1%

Pricing History

Listed for Sale

Feb 23, 2026

$4,980,000

Initial Listing

Sold

Jul 7, 2005

$1,305,000

Public Record

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