700 Summit, Palm Desert, California 92260, Palm Desert, 92260 - 4 bed, 7 bath

700 Summit
Palm Desert, California 92260
Property Price
SUMMARY
Analysis of 700 Summit, Palm Desert, California 92260 is currently available with a list price of $12,650,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2008, this luxury estate falls within the 10-20 year age bracket for a 'good' rating. The property is in move-in ready condition with high-end architectural finishes, floor-to-ceiling glass, and premium materials. It has been well-maintained with significant recent updates, including a brand-new roof and solar system installed this year, ensuring major systems are within their expected lifespan.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 74803, living area = 9255.
- Architectural Pedigree
Designed by renowned architect Guy Dreier, this sculptural residence serves as a unique work of art, offering a level of prestige and custom detail that appeals to high-end collectors.
- Seamless Indoor-Outdoor Flow
The home features floor-to-ceiling curved glass walls and pocketing sliders that effortlessly merge the sophisticated interior with expansive outdoor living spaces, waterfalls, and an entertainer's pool.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =74803, other record lot size in square feet = 74923.
- Substantial Carrying Costs
Between the $1,812 monthly association fee and the maintenance requirements of a 9,255-square-foot custom estate with complex water features, the ongoing ownership expenses are significant.
- Niche Design Aesthetic
The highly specific, sculptural architectural style is visionary but may limit the buyer pool to those specifically seeking a contemporary, avant-garde living environment.
About 700 Summit
A sculptural work of architecture set into a private hillside, this extraordinary residence is the result of the visionary imagination of renowned designer Guy Dreier. Thoughtfully integrated into its natural surroundings, the home embraces the terrain and uses the landscape itself as living art. Private gated courtyard with desert landscape sets the stage as you approach an oversized glass pivot door that opens to a world of exquisite detail--floor-to-ceiling curved glass walls, pocketing sliders, and expansive windows that frame breathtaking views and define the home's unparalleled lifestyle. Sophisticated yet serene, the residence offers quiet luxury at its finest, balancing open spaces with intimate seating areas anchored by a custom-designed fireplace and a discreetly concealed pop-up television. A sleek, understated sit-up wet bar flows effortlessly to the outdoors, where, at the touch of a button, indoor living extends seamlessly into an exceptional outdoor environment. Waterfalls, an additional fireplace, and multiple entertaining areas create an inviting setting for both grand gatherings and relaxed evenings. The primary suite is a private sanctuary, featuring its own lounging area, a dramatic wall of glass that brings nature indoors, and a beautiful fireplace that enhances the sense of calm and also includes separate his and her bathrooms. A private study with a view that is only experienced at this elevation looking over multiple fairways and the mountain range beyond. Three generously sized and impeccably appointed guest suites with full bathrooms and walk--in closets complete the home, including a detached hillside casita with spectacular views, a seating area, and dual bathrooms--so comfortable, guests may never want to leave. An entertainer's pool and spa further elevate the outdoor experience, completing a residence that is as livable as it is visually stunning. A new roof and solar were installed this year.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2008
- Lot Size
- 74,803 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1812.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Rancho Mirage Elementary School
Grades K-5 • 4.3 mi
Gerald R. Ford Elementary School
Grades K-5 • 5.4 mi
Nellie N. Coffman Middle School
Grades 6-8 • 8.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 7.0 | 3.0 | 98% |
| Square foot | 9,255 | 2,309 | 99% |
| Lot Size | 74,803 | 10,019 | 99% |
| Price | $12.65M | $870.5K | 99% |
| Price per sq ft | $1.4K | $390 | 99% |
| Built year | 2008 | 1983 | 95% |
| HOA | $1812.0 | $0 | 94% |
| Days on market | 9 | 160 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$12,650,000
Initial Listing




















