72935 Deer Grass Drive, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 3 bath
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Palm Desert, California 92260
This Extensively Reimagined Desert Estate is a Strong Value Opportunity, listed at $1,049,000—positioned well below the $1,098,710 Fair Market Value by 4%. This valuation gap provides $49,710 in Instant Equity. Boasting an Excellent Condition Rating, the residence features a remodeled Cambria quartz kitchen, 30 owned solar panels, and a resort-style pool with mountain views. Located near Palm Desert High School, this turnkey sanctuary balances high-end finishes with sustainable living. It is an ideal acquisition for Owner-Occupants or Lifestyle-Driven Buyers seeking a sophisticated, move-in-ready retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72935 Deer Grass Drive Subject | $1,049,000* List Price | 2 | 3 | 2,113 | $520 | - |
A 72890 Amber Street Sold | $825,000 | 3 | 2 | 2,109 | $391 | 0.1 mi |
B 72920 Somera Road Sold | $1,040,000 | 3 | 2 | 1,938 | $537 | 0.1 mi |
C 73501 Broken Arrow Trail Sold | $1,225,000 | 3 | 3 | 2,197 | $558 | 0.7 mi |
D 73409 Little Bend Trail Sold | $1,150,000 | 3 | 3 | 2,180 | $528 | 0.5 mi |
E 45715 Verba Santa Drive Sold | $1,065,000 | 4 | 3 | 2,499 | $426 | 0.9 mi |
F 73308 Salt Cedar Street Sold | $1,325,000 | 4 | 3 | 2,554 | $519 | 0.4 mi |
G 73330 Desert Rose Drive Pending | $1,052,000 List Price | 3 | 2 | 2,053 | $512 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1980-built home has been extensively reimagined and fully renovated within the last five years. The property features a completely remodeled kitchen with custom cabinetry, Cambria quartz countertops, and premium appliances, along with new tile flooring, updated bathrooms, and modern light fixtures. Major systems have been replaced or added, including a new HVAC system, tankless water heater, upgraded electrical, new windows/doors, and 30 owned solar panels, meeting the highest standards for modern quality and efficiency.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 2113.
The residence has been meticulously reimagined with high-end finishes, including a fully remodeled kitchen with Cambria quartz, new HVAC, windows, and 30 owned solar panels for superior energy efficiency.
Set on an expansive south-facing lot, the property features stunning mountain views, a refreshed pool and spa, and professionally designed landscaping certified as a National Wildlife Federation habitat.
Despite having over 2,100 square feet of living space, the home only offers two formal bedrooms, which may limit its appeal to larger families or those requiring more dedicated sleeping quarters.
While extensively renovated, the property was originally built in 1980, which may lead to buyer concerns regarding the age of underlying structural components compared to newer construction.
Situated within the coveted Canyon Cove enclave of Palm Desert, just moments from the boutiques and dining of El Paseo and the renowned Living Desert, this extensively reimagined residence offers refined living with thoughtful upgrades throughout. The home features 2 bedrooms, 2.5 baths, plus a versatile flex space, all complemented by high-end finishes and 30 owned solar panels.Set on an expansive south-facing lot exceeding 12,000 square feet, the outdoor setting captures striking mountain views and has been enhanced with newly installed landscaping, irrigation, ambient lighting, and a dedicated vegetable garden. The refreshed pool and spa include updated equipment, while multiple seating and dining areas create an inviting setting for outdoor entertaining. The front landscape has been carefully designed to qualify as a Certified Wildlife Habitat through the National Wildlife Federation.Inside, the residence has been meticulously updated with new tile flooring, baseboards, and a fully remodeled kitchen featuring custom cabinetry, premium appliances, and Cambria quartz countertops. A thoughtfully added wall creates a charming breakfast nook with a quartz-topped butler's counter, while the spacious flex area functions seamlessly as an office, guest accommodation with a Murphy bed, and home theatre room equipped with upgraded wiring, sound system, projector and projection screen.Additional improvements include a redesigned wet bar, a second bedroom with raised ceilings and en-suite bath finished with new cabinetry and designer tile, and a fully upgraded three-car garage featuring new doors and equipment, an EV charger, air conditioning, and finished ceiling. Further enhancements include new windows and sliding doors, a new HVAC system with updated ductwork, upgraded electrical switches and outlets, new toilets, fresh interior paint and pool deck, and a tankless water heater.Residents of Canyon Cove enjoy access to community amenities including a pool, tennis and pickleball courts, sauna, locker rooms, and showers, with cable and internet services included.
No exterior & parking available.
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 13% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,113 | 2,279 | 45% |
| Lot Size | 12,197 | 10,019 | 70% |
| Price | $1.05M | $908.0K | 59% |
| Price per sq ft | $496 | $408 | 67% |
| Built year | 1980 | 1980 | 50% |
| HOA | $168.0 | $0 | 69% |
| Days on market | 29 | 180 | 1% |
Mar 24, 2026
$1,049,000
Initial Listing
Nov 5, 2021
$740,000
Public Record