72927 Arthur Ashe Lane, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 3 bath
Loading property details...
Palm Desert, California 92260
This Strong Value Opportunity is listed at $335,000, positioned well below the $351,062 Fair Market Value by 4%. This valuation gap provides $16,062 in Instant Equity. Featuring a Condition Rating of 3, the unit includes a private patio and modern granite finishes. Located in the Deep Canyon Tennis Club, the property offers an active lifestyle near El Paseo. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72927 Arthur Ashe Lane Subject | $335,000* List Price | 2 | 3 | 1,258 | $279 | - |
A 72835 Don Larson Lane Sold | $350,000 | 2 | 3 | 1,258 | $278 | 0.1 mi |
B 73242 Don Budge Sold | $328,000 | 3 | 2 | 1,170 | $280 | 0.3 mi |
C 72760 Mesquite Court #f Sold | $365,000 | 2 | 3 | 1,325 | $275 | 0.4 mi |
D 73750 Desert Vista Court Sold | $349,999 | 3 | 2 | 1,248 | $280 | 0.9 mi |
E 72520 Sandstone Lane Sold | $397,000 | 2 | 2 | 1,440 | $276 | 0.8 mi |
F 46185 California 74 23 Sold | $294,000 | 2 | 2 | 1,140 | $258 | 0.4 mi |
G 72954 Ken Rosewall Lane Active | $369,000 List Price | 2 | 3 | 1,258 | $293 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1979 but shows evidence of a mid-range renovation (likely 5-15 years ago) including granite countertops in the kitchen and bathrooms, updated white cabinetry, and neutral tile flooring. The unit is well-maintained, functional, and move-in ready.
The community offers an exceptional active lifestyle with 12 tennis courts, pickleball, and professional instruction, making it a premier choice for sports enthusiasts.
Located just minutes from El Paseo, residents have immediate access to world-class shopping, dining, and entertainment in the heart of Palm Desert.
The allowance of monthly rentals provides excellent flexibility for owners to use the property as a seasonal retreat or a consistent income-generating investment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1258, other record lot size in square feet = 489.
At $775 per month, the association fees are relatively high, which could impact the overall affordability and net ROI for potential investors.
Built in 1979, the property may require capital improvements or aesthetic updates to meet the expectations of modern buyers looking for contemporary finishes.
Welcome to Deep Canyon Tennis Club! This well-maintained 2-bedroom, 2.5-bath condominium offers comfortable desert living in the heart of Palm Desert. The spacious floor plan features generously sized bedrooms, modern bathrooms, indoor laundry, and a bright kitchen and dining area that open to a private patio--perfect for relaxing or entertaining.The property includes one covered carport parking space with a locked storage cabinet. Additional parking spaces are available throughout the community, with one additional space available for the resident's full-time use.Deep Canyon Tennis Club offers an active lifestyle with 12 tennis courts, pickleball courts, professional instruction, and a friendly, welcoming community. Conveniently located just minutes from El Paseo's premier shopping and dining, grocery stores, and everyday amenities.Monthly rentals are permitted, making this an excellent option for a full-time residence, seasonal retreat, or investment opportunity. Don't miss your chance to own a piece of the desert lifestyle!
No exterior & parking available.
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,258 | 1,548 |
| Lot Size | 1,258 | 2,178 |
| Price | $335.0K | $473.9K |
| Price per sq ft | $266 | $321 |
| Built year | 1979 | 1983 |
| HOA | $775.0 | $800 |
| Days on market | 27 | 69 |
Jun 25, 2026
$335,000
Initial Listing
Oct 24, 2024
$310,000
Public Record
Jun 17, 2021
$284,000
Public Record
Jul 19, 2005
$318,000
Public Record
Oct 3, 2003
$166,000
Public Record