72950 Amber Street, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
72950 Amber Street
Palm Desert, California 92260
Property Price
SUMMARY
Analysis of 72950 Amber Street, Palm Desert, California 92260 reveals a property with a current list price of $1,045,000, which is 3% above the estimated $1,012,561 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Desert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72950 Amber Street Subject | $1,045,000* List Price | 3 | 2 | 1,863 | $544 | - |
A 72920 Somera Road Sold | $1,040,000 | 3 | 2 | 1,938 | $537 | 0.2 mi |
B 73501 Broken Arrow Trail Sold | $1,225,000 | 3 | 3 | 2,197 | $558 | 0.7 mi |
C 73466 Salt Cedar Sold | $975,000 | 4 | 3 | 1,983 | $492 | 0.5 mi |
D 73308 Salt Cedar Street Sold | $1,325,000 | 4 | 3 | 2,554 | $519 | 0.4 mi |
E 45715 Verba Santa Drive Sold | $1,065,000 | 4 | 3 | 2,499 | $426 | 0.8 mi |
F 46075 Verba Santa Drive Active | $899,000 List Price | 3 | 2 | 1,560 | $576 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1985, this property has undergone an extensive, high-end contemporary renovation within the last few years that qualifies it for an excellent rating. The interior features a completely reimagined chef's kitchen with premium cabinetry, modern hardware, and new stainless steel appliances. Both bathrooms have been fully updated with modern fixtures and tiling. The home boasts new large-format floor tile throughout, designer light fixtures, and new dual-pane windows. Additionally, the exterior systems, including the pool and spa, have been fully refurbished, leaving the property in like-new condition with no deferred maintenance.
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 = 11326, living area = 1863.
- Prime Location
Situated within walking distance of El Paseo, Palm Desert's premier shopping and dining district, offering unparalleled access to luxury boutiques and art galleries.
- Comprehensive Modern Renovation
The property has been extensively reimagined with high-end finishes, including a chef's kitchen, updated bathrooms, and new dual-pane glass, ensuring a move-in-ready experience.
CONSRISKS & DEFICIENCIES
- Market Pricing History
Multiple price reductions since the initial listing suggest the property may have struggled to meet market expectations or faced valuation challenges.
- Limited Interior Square Footage
At 1,863 square feet, the interior living space may feel compact for buyers seeking a larger luxury footprint at the million-dollar price point.
About 72950 Amber Street
PRICE REDUCTION. Elegant Modern Contemporary home located in Palm Desert's desirable Canyon Cove. Entire property has been artfully restored and reimagined far beyond its original concept. Built in 1985 it has 3 beds, 2 baths. Its huge expansive living room, dining room and sitting room while maintaining their own private locations all flow to one gorgeous light filled space. Situated withing skipping distance from El Paseo (Palm Desert's Rodeo Drive) with its chic shops, dining establishments and art galleries. This the property has NEW "almost" everything, a partial list; Kitchen, Bathrooms, Dual Pane Glass Throughout, Doors, Floor Tile, ALL Appliances, Pool and Spa plaster, Tile and Motors. Extra unique features include a Gazebo, Putting Green, Bocce Ball Court, Large wooden open air Deck with seating under a gorgeous shade tree, a pass thru bar from kitchen for refreshing cocktails after strenuous putting session. 3 car garage with separate doors. The entire house is exquisite, the kitchen is a chef's delight, with beautiful cabinetry, hardware and countertops. A huge island that seconds as a breakfast bar and a unique set of metal shelves flanking the stove. The light fixtures throughout the entire house are movie set quality. Come see, you'll love it. It is Truly SMASHING
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 11,326 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
Palm Desert Unified Schools
Palm Desert High School
Grades 9-12 • 2.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 1,863 | 2,252 | 33% |
| Lot Size | 11,326 | 10,019 | 60% |
| Price | $1.04M | $870.5K | 63% |
| Price per sq ft | $561 | $390 | 80% |
| Built year | 1985 | 1983 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 161 | 161 | 50% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,045,000
$1,070,000
-2% Price Drop
Initial Listing
Price Change
Dec 25, 2025
$1,070,000
$1,095,000
-2% Price Drop
Initial Listing
Price Change
Nov 12, 2025
$1,095,000
$1,120,000
-2% Price Drop
Initial Listing
Price Change
Nov 6, 2025
$1,120,000
$1,145,000
-2% Price Drop
Initial Listing
Price Change
Sep 27, 2025
$1,145,000
Initial Listing