
Palm Desert, California 92260
This Turnkey Condominium is a High-Potential Investment Opportunity, listed at $549,000—positioned above the $483,915 Fair Market Value. While the list price exceeds the current valuation, the property maintains a Condition Rating of 3, reflecting meticulous updates including a newer HVAC system and dual-pane windows. Located near the prestigious Bighorn Golf Club and top-rated Palm Desert High School, this residence offers a resort-style lifestyle with six pools and tennis courts. It is an ideal acquisition for Second-Home Buyers or Owner-Occupants seeking a move-in ready desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72600 Moonridge Lane Subject | $549,000* List Price | 2 | 2 | 1,184 | $409 | - |
A 48852 Owl Lane Sold | $465,000 | 2 | 2 | 1,202 | $387 | 0.8 mi |
B 72732 Tony Trabert Lane Sold | $440,000 | 3 | 2 | 1,170 | $376 | 0.8 mi |
C 48955 Mariposa Drive Sold | $689,000 | 2 | 2 | 1,164 | $592 | 1.0 mi |
D 48833 Owl Lane Sold | $445,000 | 2 | 2 | 1,271 | $350 | 0.8 mi |
E 48624 Sundrop Court Sold | $630,000 | 2 | 2 | 1,278 | $493 | 0.4 mi |
F 48665 Moon Terrace Lane Active | $529,000 List Price | 2 | 2 | 1,184 | $447 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1974, the property has been meticulously maintained and updated. Key improvements include a newer HVAC system, dual-pane windows, and renovated bathrooms and flooring. The interior finishes and systems suggest a comprehensive renovation within the 5-15 year range, making it move-in ready.
Situated just below the prestigious Bighorn Golf Club and only two miles from El Paseo, the property offers exceptional proximity to world-class shopping, dining, and galleries.
The condo is meticulously maintained with significant updates including new dual-pane windows, an updated HVAC system, and a custom garage with epoxy flooring, ensuring immediate occupancy.
Located in a low-density community, residents enjoy access to six pools and spas, tennis and pickleball courts, and nearby hiking trails, providing a high-value resort lifestyle.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1307, other record lot size in square feet = 2613.
The association fee of $604 per month represents a significant recurring expense that may impact the debt-to-income ratio for some buyers or reduce net yields for investors.
The property features only a 'Peek-A-Boo' view, which may be considered a drawback in a market where expansive mountain or desert vistas are highly coveted and command a premium.
Meticulous Indian Hills Condo in Prime South Palm Desert Location is now on the market and ready for immediate occupancy! Pride of ownership shines throughout this immaculate and beautifully updated condominium, ideally located just below the prestigious Bighorn Golf Club. Thoughtfully maintained and move-in ready, this charming property features new dual-pane windows, an updated HVAC system, a new refrigerator, and washer/dryer included in the sale. Two inviting patios extend the living space outdoors, creating ideal spots to relax, enjoy morning coffee, or take in the peaceful desert surroundings. The custom garage is equally impressive with epoxy flooring and built-in storage, offering both function and a clean, finished look. The Murphy-bed in the guest room adds flexibility for a home-office, craft space or gym. Indian Hills is a charming, low-density community of just 119 condominiums surrounded by mature landscaping and scenic desert beauty. Residents enjoy six pools/spas, tennis and pickle-ball courts, and hiking and biking trails just outside the community. Located approximately two miles from El Paseo, you are moments from upscale shopping, dining, galleries, and all that Palm Desert has to offer. Whether you are looking for a weekend retreat, second home, or year-round desert residence, this outstanding property is one you won't want to miss. Schedule your private showing today!
No exterior & parking available.
Grades 9-12 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,184 | 1,548 | 15% |
| Lot Size | 1,307 | 2,613 | 32% |
| Price | $549.0K | $500.0K | 56% |
| Price per sq ft | $464 | $335 | 81% |
| Built year | 1974 | 1979 | 22% |
| HOA | $604.0 | $764 | 24% |
| Days on market | 30 | 157 | 2% |
May 8, 2026
$549,000
Initial Listing
Aug 2, 2018
$280,000
Public Record
Mar 14, 2014
$275,000
Public Record
Dec 28, 2006
$225,000
Public Record