
Palm Desert, California 92260
This South Palm Desert Value-Add Asset is listed at $850,000, reflecting a location-driven premium relative to its $815,140 Fair Market Value. Currently holding a Dated Interior Condition Rating, the expansive 2,660 sq. ft. floorplan with vaulted ceilings and mountain views provides a robust architectural foundation for modernization. With comparable area sales reaching the $1,000,000 mark, this property offers substantial upside through forced appreciation. Featuring a refinished pool and spa in the Washington Charter school district, it is a strategic opportunity for Renovation Specialists or Owner-Occupants looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72795 Somera Road Subject | $775,000* List Price | 3 | 3 | 2,660 | $316 | - |
A 48320 Beverly Drive Sold | $1,000,000 | 3 | 3 | 3,046 | $328 | 0.3 mi |
B 48485 Prairie Drive Sold | $835,000 | 4 | 3 | 2,378 | $351 | 0.4 mi |
C 73117 Haystack Road Sold | $970,000 | 5 | 4 | 2,904 | $334 | 0.4 mi |
D 72775 Homestead Road Sold | $750,000 | 3 | 3 | 2,076 | $361 | 0.2 mi |
E 72817 Skyward Way Active | $699,000 List Price | 3 | 4 | 2,762 | $253 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 'time capsule' from 1979, held by the original owner. While the home appears structurally sound and the pool has been refinished, the interior is entirely original. The kitchen, bathrooms, flooring, and fixtures are significantly dated and require a full cosmetic overhaul to meet modern luxury standards.
Situated in the highly coveted South Palm Desert area within the prestigious Washington Charter school district, offering significant long-term value and desirability.
The property features a private, south-facing rear yard with a refinished pool and spa, perfectly positioned to capture stunning mountain and hill views.
With 2,660 sq. ft. of living space, vaulted ceilings, and a large master suite, the floorplan provides an excellent foundation for a high-end custom renovation.
Being offered by the original owner since 1979, the home requires a full cosmetic overhaul to update its original finishes to modern luxury standards.
Due to the 1979 construction, buyers should anticipate the need for potential updates to major mechanical systems and infrastructure that may be nearing the end of their lifespan.
100% available as of 4/14- no one in 1st position - Original owner - great opportunity to reimagine a south palm desert gem. Excellent location with private south facing rear yard. Refinished pool and spa. Excellent floorplan with large master bedroom suite , and 2 additional bedrooms. Family room, dining room, and huge living room with vaulted ceilings, loads of natural light, and full sunken wet bar. Separate laundry room with access to backyard and bathroom Located in prestigious /coveted Washington Charter school district
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,660 | 2,307.5 | 60% |
| Lot Size | 10,454 | 10,019 | 55% |
| Price | $775.0K | $908.0K | 35% |
| Price per sq ft | $291 | $408 | 7% |
| Built year | 1979 | 1979 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 180 | 8% |
Apr 15, 2026
$775,000
$799,995
-3% Price Drop
Initial Listing
Apr 1, 2026
$799,995
$839,995
-5% Price Drop
Initial Listing
Mar 18, 2026
$839,995
$850,000
-1% Price Drop
Initial Listing
Feb 19, 2026
$850,000
Initial Listing