
Palm Desert, California 92260
This Turnkey Condominium represents a Strong Value Opportunity, listed at $495,000—positioned well above the $460,225 Fair Market Value by 7%. Despite the premium, the property features a Mint Condition Rating following a high-end designer remodel, including a gourmet kitchen and luxury finishes. With rare fee-simple ownership and short-term rental flexibility, this asset offers significant income potential. Located near top-rated schools like James Earl Carter Elementary, it is an ideal acquisition for Buy-and-Hold Investors or seasonal residents seeking a move-in-ready desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72793 Fleetwood Circle Subject | $475,000* List Price | 2 | 2 | 1,223 | $358 | - |
A 130 Don Miguel Circle Sold | $379,900 | 2 | 2 | 1,347 | $282 | 0.8 mi |
B 164 S Castellana Sold | $507,500 | 2 | 3 | 1,656 | $306 | 0.4 mi |
C 271 Tolosa Circle Active | $559,900 List Price | 2 | 2 | 1,303 | $430 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1979, the property has undergone a comprehensive, high-end renovation within the last 5 years. It features a fully remodeled gourmet kitchen with premium Samsung Bespoke and Bosch appliances, a redesigned primary bathroom with custom tile, new luxury vinyl flooring, updated electrical outlets, and new thermopane windows. The HOA also recently replaced the roof, placing the home in mint, move-in-ready condition.
The rare combination of fee simple ownership (owning the land) and a 2-night minimum short-term rental policy makes this a premier opportunity for high-yield investment or seasonal use.
The property features meticulous upgrades including a gourmet kitchen with Samsung Bespoke and Bosch appliances, luxury vinyl flooring, and energy-efficient thermopane windows and sliders.
Situated in the heart of Palm Desert, the home offers immediate proximity to El Paseo's luxury shopping and dining, world-class golf courses, and popular hiking trails.
The $580 monthly association fee represents a significant recurring carrying cost that may impact the net ROI for investors and overall affordability for full-time residents.
Despite the extensive interior renovations, the 1979 construction may present long-term maintenance challenges associated with aging community infrastructure and systems.
Rarely available in today's market, Monterey Sands allows short-term rentals with just a 2-night minimum, and unlike many desert condo communities, you own the land. That combination of fee simple ownership and exceptional rental flexibility makes this an outstanding opportunity for investment, seasonal use, or full-time desert living in the heart of Palm Desert.Discover this beautifully upgraded 2-bedroom, 2-bath condo that has been meticulously reimagined with tasteful designer finishes throughout. Upgrades include new luxury vinyl flooring, fresh interior paint, upgraded thermopane windows and sliders, custom tile work, new lighting, updated electrical outlets and switches, and a stunning remodeled primary bathroom.The fully remodeled gourmet kitchen showcases quartz countertops, custom soft-close cabinetry, a porcelain farm sink, designer backsplash, and a suite of stainless Samsung Bespoke, Bosch, and Cosmo appliances. The inviting living room centers around a redesigned gas fireplace featuring porcelain tile accents, a refinished firebox, new burner, and modern fire glass.Additional improvements include updated bathroom exhaust vents, smoke and carbon monoxide detectors, professionally cleaned and deodorized ductwork, and an upgraded rear patio, while the HOA has recently completed a new roof and patio concrete improvements.Ideally situated in central Palm Desert, Monterey Sands is just minutes from El Paseo shopping and dining, world-class golf courses, hiking trails, The Living Desert, entertainment, and everyday conveniences , offering the ultimate desert lifestyle with both convenience and flexibility.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,223 | 1,548 |
| Lot Size | 3,485 | 2,178 |
| Price | $475.0K | $473.9K |
| Price per sq ft | $388 | $321 |
| Built year | 1979 | 1983 |
| HOA | $580.0 | $800 |
| Days on market | 41 | 69 |
Jul 15, 2026
$475,000
$495,000
-4% Price Drop
Initial Listing
Jun 11, 2026
$495,000
Initial Listing