72900 Skyward, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
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72900 Skyward
Palm Desert, California 92260
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,443Sq Ft
10,454Lot Size
Property Price
LIST PRICE$1,350,000
EST. MARKET VALUE
$1,225,495
10% AboveMARKET VALUE
SUMMARY
This property represents a High-Potential Investment Opportunity, listed at a List Price of $1,350,000—positioned above the $1,225,495 Fair Market Value. While the current structure maintains a Condition Rating of 2 with high-end interior renovations, the primary value lies in the fully approved plans for a 4,700 SF contemporary estate. This development-ready Asset allows buyers to bypass lengthy permitting processes in a prime South Palm Desert location. It is an ideal acquisition for Luxury Developers or Owner-Occupants seeking to build a custom desert sanctuary.
Estimated Market Value
$1,225,495
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72900 Skyward Subject | $1,350,000* List Price | 3 | 2 | 1,443 | $849 | - |
A 73501 Little Bend Trail Sold | $950,000 | 2 | 2 | 1,328 | $715 | 0.6 mi |
B 73620 Buckboard Trail Sold | $1,400,000 | 3 | 3 | 1,944 | $720 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Despite the 1978 original build date, the interior has undergone a high-end renovation within the last 5 years. The kitchen and bathrooms are in mint condition with modern flat-panel cabinetry, quartz countertops, stainless steel appliances, and updated fixtures. The living areas feature new wide-plank flooring and recessed lighting, making the interior move-in ready, although the exterior lot is currently unlandscaped.
PROSSTRENGTHS & OPPORTUNITIES
- Development Ready
The property includes fully approved plans for a 4,700 SF contemporary estate, allowing a buyer to bypass the typically lengthy and complex design and permitting process.
- Prime South Palm Desert Location
Situated in a highly desirable area just minutes from El Paseo, providing immediate access to world-class dining, luxury shopping, and premier golf courses.
- Modern Architectural Vision
The proposed design features high-demand luxury elements including 10–14 ft. ceilings, floor-to-ceiling glass, and a resort-inspired backyard with a sunken fire-pit and entertainment pavilion.
CONSRISKS & DEFICIENCIES
- High Entry Price for Existing Improvements
The $1.35M list price is significantly elevated for the current 1,443 SF structure built in 1978, as the value is heavily weighted in the land and approved plans.
- Substantial Capital Requirement
To realize the property's full potential, the buyer must commit to the significant additional costs associated with ground-up luxury construction.
About 72900 Skyward
LUXURY HOMESITE + FULLY APPROVED PLANS | BUILD WITHOUT THE WAIT Rare opportunity in desirable South Palm Desert featuring an existing residence plus fully approved plans for an exceptional contemporary desert estate. The proposed design features an approximately 4700 SF of living space, an oversized 1,128 SF garage, and dramatic 10–14 ft. ceilings. Designed around the Palm Desert lifestyle, the home features expansive floor-to-ceiling glass, a private courtyard entry, open-concept living spaces, and seamless indoor-outdoor entertaining. The resort-inspired backyard is envisioned with a pool and spa, sunken fire-pit lounge, covered outdoor living, entertainment pavilion and outdoor bar, complemented by privacy walls and professionally designed desert landscaping. Located just minutes from El Paseo, world-class dining and shopping, golf and hiking. Enjoy the existing property today or move forward with an extraordinary approved vision—without starting the lengthy design and approval process from scratch. The plans are approved. The vision is ready. Bring it to life. Some images are digitally generated architectural renderings provided for illustrative purposes only. Renderings depict the proposed residence and are conceptual in nature; actual construction, finishes, landscaping and improvements may vary.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 10,454 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,443 | 2,105.901 |
| Lot Size | 10,454 | 7,713.859 |
| Price | $1.35M | $640.1K |
| Price per sq ft | $936 | $315 |
| Built year | 1978 | 1996 |
| HOA | $0 | $398 |
| Days on market | 19 | 78 |
Pricing History
Listed for Sale
Aug 21, 2026
$1,350,000
Initial Listing
Sold
Mar 31, 2023
$690,000
Public Record