654 Vista Lago Circle N, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath
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Palm Desert, California 92211
This High-Potential Investment Opportunity is listed at $365,000, positioned slightly above the $355,964 Fair Market Value. While the price reflects a premium, the property features Rare Short-Term Rental Approval within a gated community, offering significant income-generating potential. With a Condition Rating of 3, this Turnkey Furnished Villa provides immediate utility for seasonal residents. Access to Championship Golf, Tennis, and Pickleball courts enhances its appeal. This is a strategic acquisition for Buy-and-Hold Investors or Seasonal Residents seeking a high-performing, low-maintenance desert asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 654 Vista Lago Circle N Subject | $365,000* List Price | 2 | 2 | 1,330 | $268 | - |
A 480 Evergreen Ash Sold | $344,000 | 2 | 2 | 1,330 | $259 | 0.5 mi |
B 292 Desert Falls Drive E Sold | $342,000 | 2 | 2 | 1,330 | $257 | 0.5 mi |
C 248 Vista Royale Circle E Sold | $320,000 | 2 | 2 | 1,330 | $241 | 0.4 mi |
D 549 Desert Falls Drive E Sold | $345,000 | 2 | 2 | 1,330 | $259 | 0.5 mi |
E 177 Firestone Sold | $325,000 | 2 | 2 | 1,330 | $244 | 0.3 mi |
F 450 Desert Falls Drive N Sold | $412,000 | 2 | 2 | 1,330 | $310 | 0.5 mi |
G 491 Desert Falls Drive N Sold | $374,250 | 2 | 2 | 1,330 | $281 | 0.4 mi |
H 786 Montana Vista Drive Sold | $340,000 | 2 | 2 | 1,360 | $250 | 0.3 mi |
I 790 Montana Vista Drive Active | $434,995 List Price | 2 | 2 | 1,330 | $327 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990 (34 years old), the property exceeds the 'Poor' age bracket due to being meticulously maintained and marketed as turnkey. The interior features modern comfort, a spa-like primary ensuite, and updated appliances (Samsung laundry), suggesting a renovation or significant refresh within the 5-15 year range, making it fully move-in ready.
The property features rare short-term rental approval in a gated community, making it a high-value opportunity for investors seeking vacation rental income.
Offered fully furnished and meticulously maintained, this villa provides a seamless, move-in-ready experience for seasonal residents or immediate rental use.
Residents enjoy access to a championship golf course, state-of-the-art fitness center, and tennis/pickleball courts, enhancing the desert luxury lifestyle.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2614, other record lot size in square feet = 4007.
The association fee of $849 per month is substantial, which may impact the net ROI for investors and increase the monthly carrying costs for owners.
The property is currently listed significantly below its 2022 sale price of $475,000, suggesting a notable correction in value or difficulty maintaining peak pricing.
Experience the epitome of desert luxury in this stunning, furnished, 2 bedroom, 2 bathroom villa located within the highly coveted, gated community of Desert Falls Country Club. Spanning 1,330 square feet of bright, open concept living space, this home perfectly balances modern comfort with effortless indoor-outdoor lifestyle Palm Desert is famous for. The expansive great room features a cozy fireplace and floor to ceiling glass sliders that lead to an open patio, offering a serene backdrop for morning coffee or evening entertaining. The spacious kitchen is well appointed with ample cabinetry and a breakfast nook, while the primary suite serves as a true retreat with generous closet space and a spa like ensuite bath. Key features includes:-Rare Short Term Rental Approval: A premier opportunity for investors seeking a high performing vacation rental or a second home that generates income.-Prime Location: Just steps away from the community pools and world class amenities. -Exclusive Amenities: Enjoy access to a championship golf course, state of the art fitness center, tennis courts, and pickleball.-Turnkey Potential: Meticulously maintained and completely furnished ready for immediate enjoyment.Nestled in the heart of the Coachella Valley, you are minutes away from the world class shopping and dining on El Paseo, the Acrisure Arena, and renowned local festivals. Whether you are looking for a full time residence, a seasonal escape, or a strategic investment, this Desert Falls gem is a MUST SEE.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,330 | 1,548 |
| Lot Size | 2,614 | 2,178 |
| Price | $365.0K | $473.9K |
| Price per sq ft | $274 | $321 |
| Built year | 1990 | 1983 |
| HOA | $849.0 | $800 |
| Days on market | 87 | 69 |
Jul 4, 2026
$365,000
$378,999
-4% Price Drop
Initial Listing
Apr 27, 2026
$378,999
Initial Listing
May 23, 2022
$475,000
Public Record
Jul 18, 2016
$225,000
Public Record