
Palm Desert, California 92260
This townhome represents a Prime Investment Opportunity, listed at a List Price of $340,000—positioned well below the $349,312 Fair Market Value by 2%. This valuation gap provides $9,312 in Instant Equity. With a Condition Rating of 4, the property is move-in ready but offers significant potential for cosmetic modernization. Featuring Mountain Views and access to extensive resort-style amenities, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-value lifestyle in South Palm Desert.
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 | 3 | 1,258 | $278 | - |
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 72760 Mesquite Court #f Sold | $365,000 | 2 | 3 | 1,325 | $275 | 0.5 mi |
D 73750 Desert Vista Court Sold | $349,999 | 3 | 2 | 1,248 | $280 | 1.0 mi |
E 73242 Don Budge Sold | $328,000 | 3 | 2 | 1,170 | $280 | 0.3 mi |
F 72520 Sandstone Lane Sold | $397,000 | 2 | 2 | 1,440 | $276 | 0.7 mi |
G 72317 Merry Vale Way Sold | $417,000 | 2 | 2 | 1,320 | $316 | 1.0 mi |
H 48652 Desert Flower Drive Sold | $350,000 | 3 | 3 | 1,348 | $260 | 0.9 mi |
I 73062 Helen Moody Lane Active | $390,000 List Price | 3 | 2 | 1,170 | $333 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, the property appears well-maintained and move-in ready but is dated. The kitchen features older white appliances, basic cabinetry, and finishes consistent with a renovation older than 20 years, falling into the category of needing cosmetic updates.
Located in the Deep Canyon Tennis Club, the property offers unparalleled access to 12 tennis courts, 6 pickleball courts, 12 pools, and a fitness center, providing a high-value lifestyle.
The home is situated in a highly desirable area just minutes from the luxury shopping, fine dining, and entertainment of El Paseo, enhancing its long-term investment potential.
The monthly fee includes essential services such as earthquake insurance, water, trash, and exterior maintenance, offering owners a truly carefree and predictable living experience.
The $778 monthly HOA fee is a significant recurring expense that may impact buyer affordability and overall debt-to-income ratios.
Built in 1978, the property may require additional capital investment for modernizing interior finishes or upgrading older mechanical systems to meet current standards.
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 | 3.0 | 2.0 |
| Square foot | 1,258 | 1,519.896 |
| Lot Size | - | 2,713.504 |
| Price | $340.0K | $465.1K |
| Price per sq ft | $270 | $313 |
| Built year | 1978 | 1984 |
| HOA | $776.0 | $815 |
| Days on market | 56 | 81 |
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