72864 Roy Emerson Lane, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 1 bath
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Palm Desert, California 92260
This townhome represents a High-Potential Investment Opportunity, listed at a List Price of $340,000—positioned well below the $338,037 Fair Market Value by -0.58%. While the property is priced at market, its location in the Deep Canyon Tennis Club offers significant lifestyle value. With a Condition Rating of 4, the unit provides a blank canvas for cosmetic updates to drive appreciation. Featuring Mountain Views and access to extensive resort-style amenities, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72864 Roy Emerson Lane Subject | $340,000* List Price | 2 | 1 | 1,258 | $269 | - |
A 72922 Ken Rosewall Lane Sold | $320,000 | 3 | 2 | 1,170 | $274 | 0.0 mi |
B 72730 Sage Court Sold | $375,000 | 2 | 2 | 1,325 | $283 | 0.7 mi |
C 73750 Desert Vista Court Sold | $349,999 | 3 | 2 | 1,248 | $280 | 1.0 mi |
D 73242 Don Budge Sold | $328,000 | 3 | 2 | 1,170 | $280 | 0.3 mi |
E 73067 Pancho Segura Lane Sold | $275,000 | 2 | 3 | 1,258 | $219 | 0.2 mi |
F 72520 Sandstone Lane Sold | $397,000 | 2 | 2 | 1,440 | $276 | 0.7 mi |
G 72760 Mesquite Court #f Sold | $365,000 | 2 | 3 | 1,325 | $275 | 0.5 mi |
H 72770 Willow Sold | $240,000 | 2 | 1 | 840 | $286 | 0.3 mi |
I 73062 Helen Moody Lane Active | $340,000 List Price | 3 | 2 | 1,170 | $291 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978 (48 years old) with no mention of recent renovations to the kitchen, bathrooms, or major systems like HVAC. While the community is well-maintained, the unit is likely dated and requires cosmetic updates and potential system overhauls to meet modern standards.
Located in the prestigious Deep Canyon Tennis Club, the property offers access to 12 tennis courts, 6 pickleball courts, 12 pools, and a fitness center, providing an unparalleled active lifestyle.
The home is ideally situated minutes from the luxury shopping and dining of El Paseo, championship golf courses, and scenic hiking trails, placing it in one of the desert's most desirable areas.
The monthly fee includes essential services such as earthquake insurance, water, trash, and 24/7 gated security, offering residents a secure and maintenance-free 'lock-and-leave' experience.
The HOA fee of $778 per month is significant and may impact the overall affordability for budget-conscious buyers or affect financing qualifications.
Built in 1978, the property may feature aging infrastructure or original systems that could require future capital improvements compared to newer developments in the area.
Experience the very best of South Palm Desert living in this 2-bedroom, 2.5-bath townhome located in the highly sought-after Deep Canyon Tennis Club. Whether you're searching for a full-time residence, or an exceptional investment opportunity, this home offers the perfect blend of comfort, convenience, and resort-style living.The spacious floor plan features two private en-suite bedrooms, an inviting living area, kitchen, and a great outdoor living that's perfect for relaxing or entertaining while enjoying Palm Desert's year-round sunshine.Deep Canyon Tennis Club is one of South Palm Desert's premier gated communities, offering an incredible array of amenities, including 12 tennis courts, 6 pickleball courts, 12 sparkling pools, multiple spas, a fitness center, clubhouse, putting green, bocce ball courts, dog park, an active social calendar, organized club activities, and an on-site tennis professional.The monthly HOA of $778 provides exceptional value and includes water, sewer, trash service, earthquake insurance, exterior landscaping and gardening, gated security, and access to all of the community's outstanding amenities, making for truly carefree living.Ideally located just minutes from world-renowned El Paseo, championship golf courses, scenic hiking trails, fine dining, upscale shopping, entertainment, and everything the Coachella Valley has to offer, this home places you in the heart of one of the desert's most desirable locations.Properties in Deep Canyon Tennis Club are highly sought after and rarely remain on the market for long. Don't miss your opportunity to own in one of South Palm Desert's most desirable communities. Schedule your private showing today and experience the resort lifestyle that makes Deep Canyon Tennis Club one of the desert's best kept secrets.
No exterior & parking available.
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,258 | 1,548 |
| Lot Size | - | 2,178 |
| Price | $340.0K | $473.9K |
| Price per sq ft | $270 | $321 |
| Built year | 1978 | 1983 |
| HOA | $776.0 | $800 |
| Days on market | 7 | 69 |
Jul 15, 2026
$340,000
Initial Listing
Jul 16, 2021
$290,000
Public Record
May 1, 2013
$185,000
Public Record
Nov 15, 2002
$142,500
Public Record