
Palm Desert, California 92260
This property presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well below the $378,637 Fair Market Value by -5%. While the property is currently priced above market, its Condition Rating of 4 and vintage 1979 construction offer significant upside for forced appreciation through modernization. Featuring a private end-unit layout, a community pool, and scenic mountain views, this home is perfectly positioned for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project near the premier El Paseo shopping district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72730 Sage Court Subject | $399,000* List Price | 2 | 2 | 1,325 | $286 | - |
A 72760 Mesquite Court #f Sold | $365,000 | 2 | 3 | 1,325 | $275 | 0.2 mi |
B 72730 Yucca Court Sold | $454,500 | 2 | 2 | 1,350 | $337 | 0.1 mi |
C 72765 Mesquite Court D Sold | $502,500 | 3 | 2 | 1,554 | $323 | 0.2 mi |
D 73464 Shadow Mountain Drive Sold | $390,000 | 2 | 2 | 1,392 | $280 | 0.7 mi |
E 45817 Highway 74 Active | $399,000 List Price | 2 | 2 | 1,392 | $287 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is over 40 years old and shows a mix of conditions. While there are some cosmetic updates like newer luxury vinyl plank flooring, the bathroom is significantly dated with older tile countertops and fixtures likely exceeding 20 years in age. The unit appears functional and move-in ready but requires modernization in the kitchen and baths to meet current market standards.
As a desirable end unit with only a shared garage wall, this property offers superior privacy and a quiet living environment compared to standard condominiums.
Located in South Palm Desert, the home provides convenient access to the world-class shopping, fine dining, and galleries of the renowned El Paseo district.
The unit is perfectly positioned directly in front of the community pool and features impressive mountain views, creating a tranquil resort-like atmosphere.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4356, other record lot size in square feet = 1643.
The monthly HOA fee of $750 is relatively high, which may impact the overall monthly carrying costs and affordability for some buyers.
Built in 1979, the property may require modern cosmetic updates or infrastructure improvements to meet the expectations of contemporary buyers.
Phenomenal Price!!Fabulous end unit. Private, quiet, fabulous community. Easy to Show! Only common wall is the garage wall. Pool is directly behind the unit with mountain views. Tranquil setting and great for entertaining. Close to El Paseo shopping and dining.
No exterior & parking available.
Grades 9-12 • 2.5 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 | 1,325 | 1,548 | 31% |
| Lot Size | 4,356 | 2,613 | 80% |
| Price | $399.0K | $499.0K | 23% |
| Price per sq ft | $301 | $334 | 33% |
| Built year | 1979 | 1979 | 50% |
| HOA | $750.0 | $764 | 45% |
| Days on market | 12 | 157 | 1% |
May 26, 2026
$399,000
Initial Listing
Oct 19, 2004
$330,000
Public Record
Jun 17, 2002
$147,000
Public Record