72904 Bursera Way, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 4 bath
Loading property details...
72904 Bursera Way
Palm Desert, California 92260
ACTIVE
CONDITION: FAIR
3Beds
4Baths
2,465Sq Ft
13,504Lot Size
Property Price
LIST PRICE$1,250,000
EST. MARKET VALUE
$1,155,432
8% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,250,000—positioned above the $1,155,433 Fair Market Value. While the property requires a capital-intensive refresh, its Fair Condition Rating is offset by a massive 13,504 sqft lot and a private tropical swimming pool. The home offers significant architectural character for those seeking a value-add project in a prime South Palm Desert location. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to customize a unique estate.
Estimated Market Value
$1,155,432
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 |
|---|---|---|---|---|---|---|
★ 72904 Bursera Way Subject 3 bd · 4 ba · 2,465 sqft · $469 | $1,250,000* List Price | 3 | 4 | 2,465 | $469 | - |
A 46310 Shadow Mountain Drive Sold 3 bd · 3 ba · 2,186 sqft · $492 · 0.2 mi | $1,075,000 | 3 | 3 | 2,186 | $492 | 0.2 mi |
B 72890 Homestead Road Sold 4 bd · 3 ba · 2,856 sqft · $422 · 0.6 mi | $1,205,000 | 4 | 3 | 2,856 | $422 | 0.6 mi |
C 73430 Desert Rose Drive Sold 3 bd · 2 ba · 1,863 sqft · $472 · 0.6 mi | $880,000 | 3 | 2 | 1,863 | $472 | 0.6 mi |
D 73097 Galleria Court Sold 3 bd · 3 ba · 2,550 sqft · $608 · 0.8 mi | $1,550,000 | 3 | 3 | 2,550 | $608 | 0.8 mi |
E 73043 Monterra Circle W Sold 3 bd · 5 ba · 3,225 sqft · $419 · 0.8 mi | $1,350,000 | 3 | 5 | 3,225 | $419 | 0.8 mi |
F 112 Chelsea Circle Active 3 bd · 3 ba · 2,198 sqft · $407 · 0.5 mi | $895,000 List Price | 3 | 3 | 2,198 | $407 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1961, the home is well-maintained but dated. The kitchen features stainless steel appliances and stone countertops from a renovation likely performed 15-20 years ago, and the listing description explicitly states the property is 'ready for a thoughtful refresh.' While functional and move-in ready, the finishes and Saltillo tile flooring reflect an older aesthetic that requires updating to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13504, living area = 2465.
- Prime South Palm Desert Location
Situated in the highly sought-after South Palm Desert area, this estate occupies a generous 13,504 sqft lot with mature tropical landscaping and mountain views, offering rare privacy and a resort-like atmosphere.
- Architectural Character
Built in 1961, this residence stands out with its unique eclectic charm and distinctive single-level design, providing a one-of-a-kind canvas for buyers who value architectural originality over cookie-cutter homes.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2465, other record living area = 1442. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Renovation Required
The home is explicitly noted as needing a 'thoughtful refresh,' suggesting that buyers will need to invest additional capital into cosmetic updates and modernization to realize the property's full potential.
- Vintage Infrastructure
Given the 1961 construction date, the property may require upgrades to aging systems such as plumbing, electrical, or HVAC to meet modern efficiency standards and buyer expectations.
About 72904 Bursera Way
No showings until Nov 2. A Rare and Remarkably Distinctive South Palm Desert EstateDiscover a truly one-of-a-kind residence tucked away in the heart of South Palm Desert, surrounded by mature trees and lush tropical landscaping. This exceptional single-level home offers 3 bedrooms, 31/2 baths, and an inviting tropical swimming pool that creates a private resort-like setting.From the moment you arrive, it's clear this is not an ordinary home. Rich with character, individuality, and eclectic charm, the residence offers an extraordinary canvas for someone with a discerning eye and an appreciation for architecture, design, and originality.The home is ready for a thoughtful refresh, but it needs far less than you might imagine. With its exceptional setting, generous floor plan, lush surroundings, and unmistakable personality, the possibilities are truly exciting.Homes with this kind of character, privacy, and setting rarely come available. This is a property you simply must experience in person.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 13,504 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 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 | 4.0 | 2.9 |
| Square foot | 2,465 | 2,058.132 |
| Lot Size | 13,504 | 7,541.284 |
| Price | $1.25M | $629.6K |
| Price per sq ft | $507 | $309 |
| Built year | 1961 | 1997 |
| HOA | $0 | $398 |
| Days on market | 27 | 79 |
Pricing History
Listed for Sale
Sep 28, 2026
$1,250,000
Initial Listing