71600 Painted Canyon Road, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath
71600 Painted Canyon Road
Palm Desert, California 92260
Property Price
SUMMARY
Analysis of 71600 Painted Canyon Road, Palm Desert, California 92260 is currently available with a list price of $1,250,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1954, the property is aged but functional, currently serving as a high-yield rental. While the garage has been renovated into living space and solar panels have been added, the listing describes the main structures as ideal for temporary residence or guest housing while building a 'dream home.' The lack of interior photos and the emphasis on land value and development potential indicate that while the home is maintained, it lacks modern updates and is nearing the end of its primary lifecycle.
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 = 217800, living area = 1263.
- Expansive Lot Size
The property features 5 acres of flat, buildable land in the prestigious Cahuilla Hills, offering rare privacy and ample space for equestrian facilities, gardens, or a custom estate.
- Immediate Rental Income
Currently generating $5,900 per month in rental income on a month-to-month basis, providing excellent cash flow for an investor or an owner-builder during the permitting process.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1954, the existing structures may require significant updates or may be viewed primarily as temporary residences rather than modern luxury living spaces.
- Square Footage Verification
The listing explicitly requires the buyer to verify actual square footage, particularly regarding the garage conversion, which could present challenges during the appraisal or financing process.
- High Development Entry Cost
At a $1.25M price point for what is essentially a development site, buyers must have significant additional capital ready to realize the 'endless potential' mentioned in the listing.
About 71600 Painted Canyon Road
Endless potential on 5 Acres.Discover this charming home nestled in the highly sought after community of Cahuilla Hills. Offering the perfect blend of comfort, privacy and opportunity. The existing home is ideal as a guest home, rental, or temporary residence while you design and build your dream home.The property features flat, buildable land, ample space for horses, gardens or workshops, and breathtaking mountain and sunset views. Conveniently located yet private, this property gives flexibility to live, build, and invest all in one.*** Currently leased Month-to-Month with rental income regenerating $5,900 a month.Main Home is 2bedroom 1.5 bath Casita - studio with kitchenette approx. 5 Car Garage has been renovated to a 3 bedroom/ 1.25 bath and kitchenette 1200 sf.Buyer to verify actual square footage
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 217,800 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Palm Desert High School
Grades 9-12 • 4.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 1,263 | 2,252 | 6% |
| Lot Size | 217,800 | 10,019 | 99% |
| Price | $1.25M | $870.5K | 73% |
| Price per sq ft | $990 | $390 | 96% |
| Built year | 1954 | 1983 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 117 | 160 | 22% |
Pricing History
Listed for Sale
Nov 10, 2025
$1,250,000
Initial Listing
Sold
Mar 23, 2021
$473,000
Public Record