
Palm Desert, California 92260
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.
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, featuring high-end architectural details like curved glass walls, custom fireplaces, and premium stone flooring. It has been exceptionally well-maintained with significant recent capital improvements, including a brand-new roof and solar system installed this year. While the kitchen and bathrooms retain their original high-end designer finishes from the 2008 construction, the overall quality and lack of deferred maintenance place it at the top of the 'good' category.
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.
Designed by renowned architect Guy Dreier, this sculptural residence features unique curved glass walls and bespoke finishes that thoughtfully integrate the home into its natural hillside setting.
The property offers an unparalleled lifestyle with pocketing sliders, a sleek wet bar, and expansive outdoor entertaining areas featuring waterfalls and a pool, all framing breathtaking mountain and golf course views.
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.
With a monthly association fee of $1,812 and over 9,200 square feet of high-end architectural space, the ongoing maintenance and ownership costs are substantial.
The property is located several miles from local schools, and the assigned middle school has a lower performance rating, which may be a consideration for families with children.
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.
No exterior & parking available.
Grades K-5 • 4.3 mi
Grades K-5 • 5.4 mi
Grades 6-8 • 8.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 7.0 | 3.0 | 98% |
| Square foot | 9,255 | 2,307.5 | 99% |
| Lot Size | 74,803 | 10,019 | 99% |
| Price | $12.65M | $920.5K | 99% |
| Price per sq ft | $1.4K | $412 | 99% |
| Built year | 2008 | 1980 | 96% |
| HOA | $1812.0 | $0 | 95% |
| Days on market | 55 | 180 | 5% |
Feb 26, 2026
$12,650,000
Initial Listing