62 Laken Lane, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 3 bath
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Palm Desert, California 92211
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $825,000—positioned slightly above the $807,873 Fair Market Value. While the property currently reflects a Fair Condition Rating due to its 1990s-era finishes, the expansive 12,632 sq ft corner lot and private pool/spa retreat provide significant upside for cosmetic modernization. Located near top-rated schools like James Earl Carter Elementary, this home offers a versatile floor plan for Value-Add Investors or Owner-Occupants seeking to build long-term equity through strategic interior updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 62 Laken Lane Subject | $825,000* List Price | 3 | 3 | 2,820 | $286 | - |
A 73 Amalfi Drive Sold | $950,000 | 3 | 3 | 2,912 | $326 | 0.0 mi |
B 39870 Sweetwater Drive Sold | $880,000 | 3 | 4 | 2,750 | $320 | 0.9 mi |
C 75775 Armour Way Sold | $813,500 | 3 | 3 | 2,570 | $317 | 0.3 mi |
D 39935 Sweetwater Drive Sold | $810,000 | 3 | 3 | 2,209 | $367 | 0.8 mi |
E 39390 Tandika Trail S Active | $985,900 List Price | 3 | 4 | 2,676 | $368 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, this 25-year-old home falls into the 'Fair' category as it is over 20 years old and retains mostly original finishes. While well-maintained and functional, the kitchen cabinetry and black appliances are dated, and the bathrooms reflect late-90s builder standards, suggesting a need for cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 2820.
Situated on a generous 12,000+ sq ft corner lot within a gated community, providing exceptional privacy and space rarely found in standard desert subdivisions.
The 2,820 sq ft layout features a dedicated office and excellent bedroom separation, catering perfectly to modern work-from-home needs and guest privacy.
Multiple price reductions from the original $875,000 list price within 55 days suggest the property is still searching for its market value in a shifting environment.
With a 1999 build date, certain interior elements may feel dated to contemporary buyers, potentially requiring additional capital for modern cosmetic upgrades.
Located within the gated community of Tierra Vista in Palm Desert, this residence offers the space, privacy, and indoor-outdoor living many desert buyers are searching for. Positioned on an expansive 12,000+ sq ft corner lot, the home welcomes you with a driveway that creates an inviting sense of arrival. Inside, light-filled living spaces are designed for both everyday comfort and entertaining. The thoughtful floor plan provides excellent bedroom separation and features three bedrooms plus a dedicated office and 2.5 bathrooms. The private primary suite includes a generous walk-in closet and spacious en-suite bath. At the center of the home, the kitchen opens to the family room, creating a natural gathering space complete with granite countertops, center island, and abundant cabinetry. Additional highlights include plantation shutters and a two-car garage. Step outside and you begin to appreciate what makes desert living special. The north-facing backyard offers a private retreat with pool, spa, extended covered patio, and multiple areas to relax or entertain while enjoying peekaboo mountain views.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 1.9 mi
Grades 6-8 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,820 | 1,992 | 88% |
| Lot Size | 12,632 | 6,534 | 93% |
| Price | $825.0K | $580.0K | 82% |
| Price per sq ft | $293 | $309 | 37% |
| Built year | 1999 | 1999 | 50% |
| HOA | $282.0 | $398 | 32% |
| Days on market | 58 | 156 | 4% |
May 9, 2026
$825,000
$850,000
-3% Price Drop
Initial Listing
May 6, 2026
$850,000
$875,000
-3% Price Drop
Initial Listing
Apr 10, 2026
$875,000
Initial Listing
Jun 16, 2006
$860,000
Public Record
Jan 16, 2003
$535,000
Public Record
Dec 8, 2000
$534,000
Public Record