72020 Palm Crest Dr, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 4 bath

72020 Palm Crest Dr, Rancho Mirage, California 92270 home-pic-0

72020 Palm Crest Dr

Rancho Mirage, California 92270

ACTIVE
CONDITION: GOOD
3Beds
4Baths
3,668Sq Ft
22,216Lot Size

Property Price

LIST PRICE$1,495,000
EST. MARKET VALUE
$1,502,392

SUMMARY

Analysis of 72020 Palm Crest Dr, Rancho Mirage, California 92270 reveals a Fairly Priced Property with a current list price of $1,495,000  aligned with the estimated $1,502,392 Fair Market Value. This represents a stable investment opportunity at market rate. 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 Rancho Mirage 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.

Estimated Market Value

$1,502,392
Based on Realkey algorithm analyzing recent comparable sales in Rancho Mirage.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
72020 Palm Crest Dr
Subject
$1,495,000*
List Price
343,668$410-
A
39700 Keenan Drive
Sold
$1,700,000343,477$4890.7 mi
B
72116 Clancy Lane
Sold
$1,900,000455,062$3750.5 mi
C
72081 Palm Haven Dr
Active
$1,595,000
List Price
343,668$4350.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready with high-quality travertine flooring and an updated kitchen. It features significant recent mechanical upgrades, including a new HVAC system, water heater, updated piping, and new pool equipment. While the home was built in 1980, these major system updates and the well-maintained resort-style outdoor living space meet the criteria for a 'good' condition rating.

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 = 22216, living area = 3668.

  • Resort-Caliber Outdoor Living

    Set on a rare half-acre lot, the property features an expansive backyard with a resort-style pool, outdoor kitchen, and mature landscaping, offering a level of privacy and scale that is highly coveted in Rancho Mirage.

  • Significant Mechanical Upgrades

    The home provides modern reliability with major recent improvements, including a new HVAC system, updated piping, a new water heater, and new pool equipment, reducing immediate capital expenditure for the buyer.

CONSRISKS & DEFICIENCIES

  • Recently Sold Property

    The property was recently sold within the past year on 2025-04-03. The sold price is $985,000.00.

  • Limited Bedroom Count

    For a residence exceeding 3,600 square feet, the three-bedroom configuration may be perceived as a limitation for larger families or buyers expecting more guest rooms at this price point.

  • 1980s Architectural Vintage

    While the kitchen and mechanicals are updated, the 1980 construction may still possess certain era-specific design elements that require further aesthetic modernization to compete with newer luxury builds.

About 72020 Palm Crest Dr

Rancho Mirage living, elevated. Set across a rare half-acre, this residence blends timeless materials, grand interior scale, and a resort-caliber backyard designed for gathering and retreat. With mature palms, long sightlines, and a setting that feels expansive from the moment you arrive, the property offers a sense of space and privacy that’s increasingly hard to find in the desert. The home is designed to live outward, grounded in openness, proportion, and ease. Inside, the layout unfolds as a true retreat. Massive bedrooms are thoughtfully placed throughout the single-level floorplan, each one feeling more like a private suite than a standard room. Travertine floors run throughout, giving the interiors a natural warmth and timeless simplicity. An updated kitchen sits at the heart of the home, refined yet functional, designed to support both everyday living and effortless entertaining. The architecture remains clean and composed, with tall ceilings, soft transitions, and an openness that allows light to move through the home from morning into evening. The main living areas connect effortlessly outdoors, with wide glass doors opening onto an oversized backyard built for desert living. A resort-style pool anchors the setting, framed by stone hardscape and lush greenery, while the outdoor kitchen creates a natural place to gather, from afternoons in the sun to evenings under the patio lights. What makes the residence even more compelling is the level of care behind the scenes. Major upgrades have already been completed, including a new HVAC system, new water heater, updated piping, and new pool equipment, bringing modern reliability to a property that already feels established and enduring. Positioned in one of Rancho Mirage’s most sought-after pockets, the home offers more than privacy and scale it places you at the center of the desert’s most vibrant lifestyle. Just minutes away, The River at Rancho Mirage anchors the area with open-air dining, boutique shopping, and an effortless sense of activity, from morning coffee runs to evenings spent at some of the Coachella Valley’s best restaurants. World-class golf, hiking, and resort amenities are always within reach, while the city’s rhythm remains refined, relaxed, and distinctly upscale. It’s a location that elevates daily living, blending retreat-like quiet with immediate access to everything that makes Rancho Mirage exceptional.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1980
Lot Size
22,216 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Rancho Mirage Unified Schools

James Earl Carter Elementary School

Grades K-5 • 2.1 mi

8/10

Palm Desert High School

Grades 9-12 • 3.2 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.03.0
53%
Square foot3,6682,771
75%
Lot Size22,21610,454
89%
Price$1.50M$1.10M
65%
Price per sq ft$408$431
42%
Built year19801999
26%
HOA$0$445
13%
Days on market40155
2%

Pricing History

Listed for Sale

Jan 26, 2026

$1,495,000

Initial Listing

Sold

Apr 3, 2025

$985,000

Public Record

Sold

Feb 25, 2000

$360,000

Public Record

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