72339 Canyon Lane, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
72339 Canyon Lane
Palm Desert, California 92260
Property Price
SUMMARY
Analysis of 72339 Canyon Lane, Palm Desert, California 92260 is currently available with a list price of $449,900. 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.
The property, built in 1978, has been meticulously maintained and features thoughtful upgrades such as granite countertops, stainless steel appliances, and updated bathroom vanities and tiling. The interior is clean, with consistent flooring (tile and carpet) and modern light fixtures/ceiling fans. While the overall aesthetic is very well-kept and move-in ready, the age of the underlying structure (46 years old) and some elements like the popcorn ceilings and general interior styling prevent it from being classified as 'Excellent' (which typically implies recent full renovation or new construction within 10 years). It comfortably fits the 'Good' category as it requires no immediate renovation and major systems appear functional and well-maintained, with minimal wear and tear.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Positioned just moments above world-renowned El Paseo, offering unparalleled access to luxury boutiques, acclaimed restaurants, and celebrated galleries.
- Breathtaking Mountain Views & Natural Light
The south-facing patio captures stunning west-facing mountain views, flooding the home with natural light and enhancing the desert living experience.
- Extensive Community Amenities
The Somerset South community provides 11 sparkling pools and spas, 3 tennis courts, 4 pickleball courts, and lush greenbelts, promoting an active and luxurious lifestyle.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1978, the property's underlying structure and some systems may be older, potentially requiring future maintenance or updates despite recent cosmetic upgrades.
- High Association Fees
The monthly association fee of $660.0 is a significant recurring cost that adds to the overall housing expense and may be a deterrent for some buyers.
- Condominium Living Restrictions
As a condominium, the property comes with shared walls, potential noise considerations, and HOA rules and regulations that may limit personal modifications or freedoms compared to a single-family home.
About 72339 Canyon Lane
72339 Canyon Lane - Where Palm Desert Elegance Meets Everyday LuxuryDiscover your meticulously maintained sanctuary in the coveted Somerset South community, where hillside living and breathtaking mountain views define the authentic Palm Desert experience. This pristine residence offers sophisticated comfort and prime location--just moments above legendary El Paseo.A Home Designed for Desert LivingStep inside to discover a thoughtfully upgraded interior where every detail shines. The coveted south-facing patio captures stunning west-facing mountain views, flooding your home with natural light and the warm desert glow that makes Palm Desert living special. Soaring 9-foot ceilings create an airy ambiance, while elegant crown molding and custom plantation shutters throughout add refined sophistication.The open-concept living and dining areas flow seamlessly--ideal for hosting intimate gatherings or enjoying quiet evenings with mountain vistas as your backdrop. The inviting kitchen features gleaming granite countertops, stainless steel appliances, and generous storage.Front and rear patios provide versatile retreats for morning coffee or sunset cocktails surrounded by serene desert beauty. The two-car attached garage adds everyday convenience to this turnkey residence.The Somerset AdvantageSomerset South elevates desert living with 11 sparkling community pools and spas nestled within lush, rolling greenbelts. Stay active with 3 tennis courts and 4 pickleball courts, or stroll the beautifully landscaped grounds of this distinguished hillside community.Steps to El PaseoYour location is extraordinary. Positioned just above world-renowned El Paseo--the 'Rodeo Drive of the Desert'--you're minutes from over 300 luxury boutiques, acclaimed restaurants, and celebrated galleries. Championship golf, the McCallum Theatre, and year-round festivals complete your Palm Desert lifestyle.Immaculate & ReadyThis pre-loved home has been impeccably maintained as a smoke-free, pet-free sanctuary--ready for you to unpack and start living the Palm Desert dream from day one.This is the home you've been waiting for. Welcome to Somerset living at its finest.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1978
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $660.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Palm Desert High School
Grades 9-12 • 3.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 62% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,654 | 1,550 | 58% |
| Lot Size | - | 2,522 | 15% |
| Price | $449.9K | $489.0K | 42% |
| Price per sq ft | $272 | $323 | 15% |
| Built year | 1978 | 1979 | 36% |
| HOA | $660.0 | $750 | 38% |
| Days on market | 49 | 157 | 7% |
Pricing History
Listed for Sale
Jan 17, 2026
$449,900
Initial Listing
Sold
Jul 31, 2014
$200,000
Public Record
Sold
Aug 23, 2002
$175,000
Public Record