72603 Edgehill Drive 2, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 1 bath
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72603 Edgehill Drive 2
Palm Desert, California 92260
ACTIVE
CONDITION: GOOD
2Beds
1Baths
840Sq Ft
436Lot Size
Property Price
LIST PRICE$239,000
EST. MARKET VALUE
$244,525
SUMMARY
This Prime Investment Opportunity is a 2-bedroom, 1-bath condominium listed at $239,000, positioned well below the $244,525 Fair Market Value by 2%. This valuation gap offers $5,525 in Instant Equity. Featuring a Condition Rating of 3, the unit is move-in ready with updated laminate flooring and stone countertops. With direct access to the Homestead Trail and proximity to El Paseo, this property is ideal for Buy-and-Hold Investors or first-time buyers seeking a high-demand desert location.
Estimated Market Value
$244,525
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72603 Edgehill Drive 2 Subject 2 bd · 1 ba · 840 sqft · $291 | $239,000* List Price | 2 | 1 | 840 | $291 | - |
A 72694 Eagle Road 3 Sold 2 bd · 1 ba · 840 sqft · $285 · 0.1 mi | $239,000 | 2 | 1 | 840 | $285 | 0.1 mi |
B 72770 Willow Sold 2 bd · 1 ba · 840 sqft · $286 · 0.2 mi | $240,000 | 2 | 1 | 840 | $286 | 0.2 mi |
C 46183 Highway 74 20 Sold 2 bd · 2 ba · 1,104 sqft · $245 · 0.3 mi | $270,000 | 2 | 2 | 1,104 | $245 | 0.3 mi |
D 46181 California 74 17 Sold 2 bd · 2 ba · 1,104 sqft · $254 · 0.3 mi | $280,000 | 2 | 2 | 1,104 | $254 | 0.3 mi |
E 46185 California 74 23 Sold 2 bd · 2 ba · 1,140 sqft · $258 · 0.3 mi | $294,000 | 2 | 2 | 1,140 | $258 | 0.3 mi |
F 72770 Willow Street 4 Active 2 bd · 1 ba · 924 sqft · $259 · 0.2 mi | $239,000 List Price | 2 | 1 | 924 | $259 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1971, the unit has undergone significant cosmetic renovations within the 5-15 year range. It features updated laminate flooring, stone countertops, and modern neutral paint. The kitchen cabinets appear to be refreshed older units, and the overall condition is well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Outdoor Access
Tucked away at the rear of the community, this unit offers direct access to the Homestead Trail system, providing over 26 miles of scenic hiking and biking trails right at your doorstep.
- Proximity to El Paseo
The property is ideally located just minutes from the world-class shopping, dining, and entertainment of El Paseo, offering high lifestyle value in the heart of South Palm Desert.
- Investment Potential
With a competitive price point under $250,000 and a proven rental history, this home represents an excellent opportunity for first-time buyers or investors seeking an income-producing asset.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Facilities
The residence features only one bathroom to serve two bedrooms, which may be a significant drawback for families, roommates, or those hosting guests.
- Lack of In-Unit Laundry
The property relies on shared on-site laundry facilities rather than private in-unit hookups, which may impact convenience and appeal for modern buyers.
About 72603 Edgehill Drive 2
Open House Saturday 11-2 PM 10/24/2026 Premier Location in Indian Creek Villas! Tucked away at the rear of the community, this charming townhome-style condo enjoys a highly desirable setting overlooking the Homestead Trail system, with more than 26 miles of scenic hiking and biking trails right outside your door. Enjoy a short stroll to one of two sparkling pools and spas, all surrounded by beautifully maintained landscaping.This inviting two-bedroom, one-bath residence features a comfortable living and dining area on the main level, while both bedrooms are located upstairs and offer beautiful mountain views. The functional floor plan provides a perfect blend of comfort and convenience for full-time living, seasonal enjoyment, or investment purposes.Ideally located just minutes from the world-class shopping, dining, and entertainment of El Paseo, you'll enjoy the best of desert living with everything you need close by.Additional amenities include on-site laundry facilities, a shared garage with private storage areas, and HOA dues that cover water, trash service, landscaping, and pool maintenance.Whether you're a first-time homebuyer, seeking a desert retreat, or looking for a proven income-producing property, this home is an outstanding opportunity. With a strong rental history and exceptional location, it offers both lifestyle and investment appeal.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 436 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $429.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Palm Desert High School
Grades 9-12 • 2.8 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 840 | 1,495.459 |
| Lot Size | 436 | 2,698.484 |
| Price | $239.0K | $456.9K |
| Price per sq ft | $285 | $309 |
| Built year | 1971 | 1984 |
| HOA | $429.0 | $813 |
| Days on market | 32 | 88 |
Pricing History
Listed for Sale
Oct 3, 2026
$239,000
$249,000
-4% Price Drop
Initial Listing
Price Change
Sep 23, 2026
$249,000
Initial Listing
Sold
Feb 28, 2017
$127,500
Public Record
Sold
Sep 30, 2003
$116,500
Public Record
Sold
Apr 27, 1999
$43,000
Public Record