72794 Rancho Grande Drive, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
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Palm Desert, California 92260
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, with a List Price of $595,000—positioned well below the $679,523 Fair Market Value by 12%. This significant valuation gap provides $84,523 in Instant Equity. Boasting a Condition Rating of 3, the home features an updated Butcher Block Kitchen and a private backyard oasis with a Pool, Spa, and Mountain Views. Located minutes from El Paseo with No HOA, it is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72794 Rancho Grande Drive Subject | $575,000* List Price | 3 | 2 | 2,008 | $296 | - |
A 72815 Tampico Drive Sold | $590,000 | 3 | 2 | 1,999 | $295 | 0.0 mi |
B 465 Monte Vista Sold | $680,000 | 3 | 3 | 1,927 | $353 | 0.4 mi |
C 73390 Guadalupe Avenue Active | $739,000 List Price | 3 | 3 | 2,001 | $369 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant updates, including a remodeled kitchen with newer stainless steel appliances and butcher block countertops, as well as a renovated primary bathroom with a jacuzzi tub. While the 1987 construction is still visible through popcorn ceilings and some older carpeting, the home has been freshly painted and the major living areas and outdoor pool/spa are well-maintained, fitting the 'good' criteria.
Ideally situated near El Paseo's luxury shopping and dining, this property offers the rare benefit of no HOA fees, providing greater financial freedom and flexibility for the homeowner.
The private backyard oasis features a sparkling pool, spa, and stunning mountain views, creating a perfect environment for relaxation and high-end desert entertaining.
The home boasts a remodeled primary suite with a luxury jacuzzi, an updated kitchen with butcher block countertops, and fresh interior/exterior paint, ensuring a move-in-ready experience.
Built in 1987, the property may soon require capital improvements to major systems like the roof or HVAC if they have not been replaced alongside the cosmetic renovations.
With a lot size of approximately 7,405 square feet, the outdoor space is largely occupied by the pool and spa, leaving limited room for additional landscaping or expansive lawn areas.
Prime Palm Desert Location - No HOA!Ideally situated in the heart of Palm Desert, just minutes from El Paseo, world-class shopping, and top-rated dining, this charming single-family home offers the perfect blend of comfort, style, and convenience.This spacious 3-bedroom, 2-bath residence features approximately 2,008 square feet of well-designed living space with a highly desirable floor plan. The updated kitchen showcases newer appliances, warm butcher block countertops, and a stylish backsplash--perfect for both everyday living and entertaining.The remodeled primary bathroom is a true retreat, complete with a walk-in shower and a luxurious jacuzzi tub. Both the living room and primary suite feature striking floor-to-ceiling brick fireplaces, adding warmth and character throughout the home.Freshly painted inside and out.Step outside to your private backyard oasis, where you'll enjoy beautiful mountain views, multiple seating areas, and a sparkling pool and spa--ideal for relaxing or hosting guests.No HOA, prime location, and exceptional indoor-outdoor living--this home has it all.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 2,008 | 2,279 | 39% |
| Lot Size | 7,405 | 10,018.5 | 26% |
| Price | $575.0K | $908.0K | 18% |
| Price per sq ft | $286 | $408 | 6% |
| Built year | 1987 | 1980 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 180 | 1% |
Apr 19, 2026
$575,000
$595,000
-3% Price Drop
Initial Listing
Mar 23, 2026
$595,000
Initial Listing