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
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49659 N Canyon View Drive Subject | $4,980,000* List Price | 4 | 6 | 6,187 | $857 | - |
A 73890 Desert Garden Trail Sold | $4,700,000 | 4 | 5 | 5,345 | $879 | 0.8 mi |
B 49967 Ridge View Way Active | $5,999,000 List Price | 4 | 4 | 6,265 | $958 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 6.0 | 3.0 | 94% |
| Square foot | 6,187 | 2,309 | 97% |
| Lot Size | 16,988 | 10,019 | 86% |
| Price | $4.98M | $870.5K | 96% |
| Price per sq ft | $805 | $390 | 92% |
| Built year | 2007 | 1983 | 94% |
| HOA | $633.0 | $0 | 82% |
| Days on market | 12 | 160 | 1% |
Pricing History
Listed for Sale
Feb 23, 2026
$4,980,000
Initial Listing
Sold
Jul 7, 2005
$1,305,000
Public Record





















































































