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72955 Deer Grass Drive, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 3 bath

72955 Deer Grass Drive, Palm Desert, California 92260 home-pic-0
ACTIVE$1,050,000
72955 Deer Grass Drive, Palm Desert, California 92260
3Beds
3Baths
2,615Sqft
11,761Lot

Price Vs. Estimate

The estimated value ($957,641.665) is $92,358.335 (8%) lower than the list price ($1,050,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 11761, living area = 2615.
Top Cons:
Age of Construction: Built in 1980, the property may have original systems (HVAC, plumbing, electrical, roof) that could be nearing the end of their typical lifespan, potentially requiring future capital expenditures for replacement or upgrades.

Compared to the nearby listings

Price:$1.05M vs avg $825.0K (+$225,000)68%
Size:2,615 sqft vs avg 2,165.5 sqft58%
Price/sqft:$402 vs avg $37357%

More Insights

Built in 1980 (45 years old).
Condition: Built in 1980, this property has undergone significant updates, particularly in the kitchen and bathrooms, which appear to have been renovated within the last 5-15 years. The kitchen features stainless steel appliances, granite countertops, and a large island, while all three bathrooms boast updated vanities, granite, and tiled showers/tubs. The flooring, a mix of tile and carpet, is well-maintained. The home is move-in ready with no immediate renovation required, aligning with the 'Good' condition criteria, despite the underlying age of the original construction.
Year Built
1980
Close
-
List price
$1.05M
Original List price
$1.15M
Price/Sqft
$402
HOA
$168
Days on market
-
Sold On
-
MLS number
219129037DA
Home ConditionGood
Features
Excellent View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

Located in the highly sought-after Canyon Cove neighborhood of South Palm Desert, this charming 3-bedroom + den, 3-bathroom home offers breathtaking mountain views and an ideal desert lifestyle. Step inside and you're welcomed by a spacious atrium that fills the home with natural light and opens into a generous living and dining area--perfect for entertaining. At the rear of the home, the kitchen and family room overlook the backyard. The kitchen is outfitted with stainless steel appliances, a large island with utility sink, and a cozy breakfast nook for casual meals. The adjacent family room features a fireplace, built-in shelving, a beamed ceiling, and a sliding door leading to the patio. The bedrooms are separated on the opposite side of the atrium for added privacy. The expansive primary suite offers 2 closets and a spacious en-suite bathroom featuring a double vanity, step-in tub, and separate shower. The second bedroom boasts double doors and a walk-in closet, while the third bedroom includes its own private en-suite bath. Off the laundry room is a dedicated office, ideal for working from home. Additional features include vaulted ceilings and two-car garage. Step outside to your own desert oasis--perfect for relaxing or entertaining. Enjoy a large patio, sparkling pool and spa, lush lawn, and mature citrus trees, all framed by stunning south and west-facing mountain views. Canyon Cove has low HOA fees for the community pool, 2 tennis courts, and 2 pickleball courts. Well located off Hwy 74, you are just minutes away from the world class shopping, dining, galleries on El Paseo, and near the McCallum Theater and great golf and tennis courts.

Nearby schools

7/10
Palm Desert High School
Public,•9-12•2.9mi
Condition Rating
Good
Built in 1980, this property has undergone significant updates, particularly in the kitchen and bathrooms, which appear to have been renovated within the last 5-15 years. The kitchen features stainless steel appliances, granite countertops, and a large island, while all three bathrooms boast updated vanities, granite, and tiled showers/tubs. The flooring, a mix of tile and carpet, is well-maintained. The home is move-in ready with no immediate renovation required, aligning with the 'Good' condition criteria, despite the underlying age of the original construction.
Pros & Cons

Pros

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 = 11761, living area = 2615.
Prime Location & Views: Located in the highly sought-after Canyon Cove neighborhood of South Palm Desert, offering breathtaking south and west-facing mountain views and proximity to world-class shopping, dining, and entertainment on El Paseo.
Exceptional Outdoor Living: Features a private desert oasis with a large patio, sparkling pool and spa, lush lawn, and mature citrus trees, ideal for relaxation and entertaining.
Spacious & Functional Layout: A charming 3-bedroom + den, 3-bathroom home with a spacious atrium, generous living/dining areas, a dedicated office, and a private primary suite, providing ample space and privacy.
Community Amenities & Low HOA: Part of the Canyon Cove community with low HOA fees, granting access to a community pool, two tennis courts, and two pickleball courts.
Desirable Interior Features: The kitchen is outfitted with stainless steel appliances and a large island, complemented by a family room with a fireplace, built-in shelving, beamed ceilings, and vaulted ceilings throughout the home.

Cons

Age of Construction: Built in 1980, the property may have original systems (HVAC, plumbing, electrical, roof) that could be nearing the end of their typical lifespan, potentially requiring future capital expenditures for replacement or upgrades.
Price Reduction History: The property has undergone a significant price reduction from its original list price of $1.15M to $1.05M, which could indicate initial overpricing or a longer time on market, potentially signaling buyer hesitation.
Lack of Modern Energy Efficiency Upgrades: In a desert climate, the absence of explicit mention of recent energy-efficient windows, updated insulation, or a modern HVAC system could lead to higher utility costs compared to newer constructions.

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