
Palm Desert, California 92211
This Turnkey Golf Course Residence is a High-Potential Investment Opportunity, listed at $1,250,000—positioned well below the $1,281,434 Fair Market Value by 2%. This valuation gap offers $31,434 in Instant Equity. Maintaining a Good Condition Rating, the home features a west-facing pool and spa, granite countertops, and a Tesla charger. With a built-in tenant generating $40,000 annually and proximity to top-rated schools like Gerald R. Ford Elementary, this property balances lifestyle with financial upside. It is ideal for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 727 Arrowhead Drive Subject | $1,250,000* List Price | 3 | 4 | 2,430 | $527 | - |
A 400 Tomahawk Drive Sold | $1,020,000 | 3 | 4 | 2,430 | $420 | 0.7 mi |
B 606 Mesa Grande Drive Sold | $1,324,340 | 3 | 4 | 2,430 | $545 | 0.8 mi |
C 840 Hawk Hill Trail Sold | $1,580,000 | 3 | 4 | 2,742 | $576 | 0.2 mi |
D 682 Elk Clover Circle Sold | $1,600,000 | 3 | 4 | 3,255 | $492 | 0.3 mi |
E 944 Mesa Grande Drive Active | $1,120,000 List Price | 3 | 4 | 2,430 | $461 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained. Although built in 2001, it has been recently refreshed with new paint throughout, including the cabinetry. The kitchen and bar feature granite countertops and stainless steel appliances. The home includes modern upgrades such as a Tesla charger and a well-kept pool/spa area. While the flooring and architectural style reflect its original build date, the lack of deferred maintenance and the 'turnkey' furnished status align with a 'good' condition rating.
Perfectly positioned on the 14th fairway of the Arroyo Course with a west-facing orientation, offering breathtaking sunset views and premium golf course frontage.
The property is offered fully furnished and move-in ready, featuring a built-in returning tenant that generates approximately $40,000 in annual income.
The private backyard retreat includes a heated pool and spa with multi-color lighting, a built-in BBQ, and a Tesla charger, catering to a modern luxury lifestyle.
The $619 monthly association fee represents a significant recurring expense that buyers must factor into their long-term ownership budget.
Built in 2001, the property may require upcoming capital improvements for major mechanical systems or roof components that are nearing the end of their typical lifecycle.
Welcome to one of the most desirable opportunities in Indian Ridge. This highly sought-after west-facing Bougainvillea 1 floor plan is perfectly positioned on the 14th fairway of the Arroyo Course, capturing breathtaking sunsets and delivering the ultimate desert lifestyle. Designed for effortless indoor-outdoor living, this home offers your own private retreat, complete with a heated pool and spa with multi-color lighting, built-in BBQ, and even a Tesla charger. Whether you're entertaining or unwinding under the stars, every detail has been thoughtfully curated. Spanning 2,430 square feet, the home features three spacious en-suite bedrooms and 3.5 baths, offering ideal privacy with separated guest suites. The generous primary suite opens directly to the spa, perfect for a quiet evening soak after a day on the course. Offered furnished and move-in ready, the home has been freshly painted throughout including cabinetry, and features granite countertops in both the kitchen and bar area. Lush citrus trees add charm and character to your outdoor space. And for those looking at investment potential, this property comes with a built-in returning tenant, generating approximately $40,000 annually. This is more than a home, it's a lifestyle, an income opportunity, and a place to truly enjoy everything desert living has to offer.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.6 mi
Grades K-5 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 83% |
| Square foot | 2,430 | 1,942 | 75% |
| Lot Size | 8,276 | 6,534 | 72% |
| Price | $1.25M | $575.0K | 92% |
| Price per sq ft | $514 | $312 | 95% |
| Built year | 2001 | 1999 | 61% |
| HOA | $619.0 | $398 | 92% |
| Days on market | 24 | 160 | 0% |
Mar 30, 2026
$1,250,000
Initial Listing
May 27, 2004
$644,000
Public Record
Dec 19, 2003
$620,000
Public Record
Feb 28, 2003
$486,818
Public Record