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 Turnkey Desert Resort Villa is listed at $378,999, positioned competitively near its $364,799 Fair Market Value. Boasting a Good Condition Rating, the residence features a bright open-concept layout, a spa-like ensuite, and a private patio with mountain and pool views. A standout feature is the Rare Short-Term Rental Approval, providing a high-yield opportunity within a gated community. Located near Top-Rated Schools like James Earl Carter Elementary and Palm Desert High, this home balances lifestyle luxury with investment logic. It is an ideal acquisition for Vacation Rental Investors or Seasonal Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 654 Vista Lago Circle N Subject | $378,999* List Price | 2 | 2 | 1,330 | $290 | - |
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 549 Desert Falls Drive E Sold | $345,000 | 2 | 2 | 1,330 | $259 | 0.5 mi |
D 450 Desert Falls Drive N Sold | $412,000 | 2 | 2 | 1,330 | $310 | 0.5 mi |
E 177 Firestone Sold | $325,000 | 2 | 2 | 1,330 | $244 | 0.3 mi |
F 786 Montana Vista Drive Sold | $340,000 | 2 | 2 | 1,360 | $250 | 0.3 mi |
G 696 Vista Lago Circle Active | $484,000 List Price | 2 | 2 | 1,330 | $364 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990 (34 years old), the property is described as meticulously maintained and turnkey with 'modern comfort' and a 'spa-like' ensuite. While the architectural style and mirrored closets reflect its age, the move-in ready status and high level of maintenance elevate it to the Good category.
The rare approval for short-term rentals in a gated Palm Desert community provides a significant advantage for investors seeking high-yield vacation rental income.
Currently listed at $378,999, the property is priced significantly below its 2022 sale price of $475,000, offering substantial immediate equity and a competitive entry point into the Desert Falls market.
Residents have access to world-class facilities including a championship golf course, tennis and pickleball courts, and a state-of-the-art fitness center, all within a highly coveted location.
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 monthly association fee of $849 is relatively high, which may deter budget-conscious buyers and impacts the net cash flow for potential rental investors.
Built in 1990, the property may soon require capital improvements or updates to major mechanical systems and surfaces to remain competitive with newer luxury developments.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,330 | 1,598 | 30% |
| Lot Size | 2,614 | 2,613 | 52% |
| Price | $379.0K | $471.0K | 24% |
| Price per sq ft | $285 | $319 | 33% |
| Built year | 1990 | 1987 | 75% |
| HOA | $849.0 | $849 | 50% |
| Days on market | 41 | 157 | 1% |
Apr 27, 2026
$378,999
Initial Listing
May 23, 2022
$475,000
Public Record
Jul 18, 2016
$225,000
Public Record