
Palm Desert, California 92260
This Spacious Traditional Ranch is a Strong Value Opportunity, listed at $698,000—positioned well below the $706,024 Fair Market Value by 1%. This valuation gap offers $8,024 in Instant Equity. The property maintains a Condition Rating of 3, featuring a renovated kitchen, 39 solar panels, and a Tesla Powerwall. With a private pool and proximity to El Paseo, it balances modern energy efficiency with lifestyle appeal. This is an ideal acquisition for Owner-Occupants seeking a turnkey desert retreat or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72795 Pitahaya Street Subject 3 bd · 3 ba · 1,580 sqft · $447 | $698,000* List Price | 3 | 3 | 1,580 | $447 | - |
A 46310 Burroweed Lane Sold 2 bd · 2 ba · 1,896 sqft · $343 · 0.8 mi | $650,000 | 2 | 2 | 1,896 | $343 | 0.8 mi |
B 73071 Guadalupe Avenue Sold 3 bd · 3 ba · 1,400 sqft · $350 · 0.7 mi | $490,000 | 3 | 3 | 1,400 | $350 | 0.7 mi |
C 72629 Pitahaya Street Active 2 bd · 2 ba · 1,300 sqft · $476 · 0.1 mi | $619,000 List Price | 2 | 2 | 1,300 | $476 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1972 but features a renovated kitchen with stone countertops and stainless appliances. Significant modern system upgrades include central HVAC, 39 solar panels, and a Tesla Powerwall. The home is well-maintained and move-in ready, though some interior finishes like carpeting and mirrored closets reflect an older renovation style.
Situated just blocks from the luxury shopping, dining, and galleries of El Paseo, this property offers a highly desirable lifestyle in a premium neighborhood with the added benefit of no HOA fees.
The home is equipped with 39 solar panels and a Tesla Powerwall, providing significant utility cost savings and energy resilience, which is a major value-add in the desert climate.
The property features a private in-ground pool, mountain views, and a gated entry with additional off-street parking, creating a secure and inviting environment for entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The solar panels are under a lease agreement rather than being owned outright, which requires the buyer to assume a monthly financial obligation and navigate the lease transfer process.
Built in 1972, the traditional ranch-style layout and modest 1,580 square footage may require further modernization to compete with newer, more expansive luxury builds in the area.
Ideally located in South Palm Desert just blocks from El Paseo, this 3-bedroom, 3-bath home offers 1,580 sq. ft. of living space, plus an approximately 240 sq. ft. enclosed sunroom. Built in 1972, the traditional ranch-style residence sits behind a private entry gate, offering privacy and additional off-street parking.Originally configured with four bedrooms, two have been combined to create a spacious primary suite and comfortable three-bedroom floor plan. The updated kitchen features stone countertops, updated cabinetry and included stainless steel appliances. The enclosed sunroom provides flexible additional space for relaxing, entertaining, an office or studio.Additional features include central air and heat, an attached two-car garage, 39 leased solar panels and a Tesla Powerwall. An additional bath in the garage has a private entrance, providing convenient access for pool guests.Outdoors, the private in-ground pool creates an inviting setting for entertaining and enjoying the desert lifestyle. With no HOA fees and a desirable location minutes from El Paseo, the home is close to renowned shopping, dining, galleries and all that South Palm Desert has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.9 |
| Square foot | 1,580 | 2,058.132 |
| Lot Size | 6,534 | 7,541.284 |
| Price | $698.0K | $629.6K |
| Price per sq ft | $442 | $309 |
| Built year | 1972 | 1997 |
| HOA | $0 | $398 |
| Days on market | 18 | 79 |
Oct 7, 2026
$698,000
Initial Listing
Apr 28, 2009
$170,000
Public Record