
Palm Desert, California 92260
This William Krisel-designed Mid-Century Modern condo presents a High-Potential Investment Opportunity with a List Price of $595,000—positioned well below the $552,094 Fair Market Value by -7%. Featuring an original 1963 condition, this property requires a comprehensive renovation to unlock its full value. The residence offers panoramic mountain views and a prime location near El Paseo. This asset is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to restore a historic desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72791 El Paseo 803 Subject 2 bd · 2 ba · 1,365 sqft · $404 | $595,000* List Price | 2 | 2 | 1,365 | $404 | - |
A 73189 Alice Marble Lane Active 3 bd · 2 ba · 1,119 sqft · $393 · 0.8 mi | $440,000 List Price | 3 | 2 | 1,119 | $393 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1963 and explicitly marketed as an 'original canvass' in need of renovation, this property is over 60 years old with no recorded updates to the kitchen, baths, or systems. The listing's emphasis on an 'opportunity to renovate' confirms it requires a full rehab to address its dated condition.
Designed by renowned architect William Krisel, this original Mid-Century Modern residence offers significant historical value and appeal for modernist enthusiasts.
Situated within walking distance to the prestigious El Paseo shopping district, providing immediate access to high-end galleries, restaurants, and boutiques.
The property features dual patios offering panoramic vistas of the Santa Rosa and San Bernardino Mountain ranges, as well as lush community landscapes and pool views.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2277, other record lot size in square feet = 2178. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1365, other record living area = 1557.
As an 'original canvas' from 1963, the unit requires a comprehensive renovation to update its systems and finishes to modern standards.
The monthly HOA fee of $835 represents a substantial recurring expense that may impact the overall affordability and investment yield for some buyers.
Looking for an OPPORTUNITY to RENOVATE this ORIGINAL Mid-Century Modern condo designed by renowned architect William Krisel with a blend of historical charm and modern comfort located in the well-known Sandpiper community of Palm Desert. A residence with living space of approximately 1,365 square feet includes two bedrooms, two baths, detached single unit garage offering an exciting opportunity to upgrade an original plan to create a desert retreat that reflects your own personal style. A spacious living room opens to a large south patio overlooking an open green landscape, community pool, covered cooking center, and the Santa Rosa Mountain range. Combined Kitchen and Dining area opens to a large north facing, enclosed patio with private laundry room, and views overlooking City landscape and the San Bernardino Mountain range. Primary bedroom with private bathroom ensuite, large closet and the Guest bedroom shares a full guest hallway bathroom. Walking distance to renowned El Paseo shopping, galleries, restaurants, and cafes of El Paseo, along with nearby golf, hiking, entertainment, and everything Palm Desert has to offer. Whether you're searching for a full-time residence, seasonal desert getaway, or a property you can transform into your own vision, this home presents a compelling opportunity in one of Palm Desert's most sought-after locations. Bring your imagination and discover the possibilities of creating your own desert escape just minutes from the very best of Palm Desert.
No exterior & parking available.
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,365 | 1,495.459 |
| Lot Size | 2,277 | 2,698.484 |
| Price | $595.0K | $456.9K |
| Price per sq ft | $436 | $309 |
| Built year | 1963 | 1984 |
| HOA | $835.0 | $813 |
| Days on market | 25 | 88 |
Sep 30, 2026
$595,000
Initial Listing