72996 Bursera Way 12, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 3 bath
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Palm Desert, California 92260
This architecturally significant Mid-Century Modern Home is listed at $1,100,000, representing a stable investment aligned with its $1,097,052 Fair Market Value. Boasting an Excellent Condition Rating, the residence features a new roof, HVAC, and a resurfaced PebbleTec pool. Designed by noted architect John Moyer, the property offers a rare 2.5% Assumable VA Loan, providing a massive financial advantage in today's market. With its mountain views and putting green, this turnkey sanctuary requires zero immediate maintenance. It is the ultimate acquisition for Design-Conscious Homeowners or VA-Eligible Buyers seeking a historic desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72996 Bursera Way 12 Subject | $1,100,000* List Price | 3 | 3 | 2,232 | $492 | - |
A 73308 Salt Cedar Street Sold | $1,325,000 | 4 | 3 | 2,554 | $519 | 0.3 mi |
B 45715 Verba Santa Drive Sold | $1,065,000 | 4 | 3 | 2,499 | $426 | 0.5 mi |
C 72928 Tamarisk Street Sold | $925,000 | 4 | 3 | 2,495 | $371 | 0.1 mi |
D 73409 Little Bend Trail Sold | $1,150,000 | 3 | 3 | 2,180 | $528 | 0.7 mi |
E 72890 Amber Street Sold | $825,000 | 3 | 2 | 2,109 | $391 | 0.3 mi |
F 72920 Somera Road Sold | $1,040,000 | 3 | 2 | 1,938 | $537 | 0.5 mi |
G 73330 Desert Rose Drive Pending | $1,052,000 List Price | 3 | 2 | 2,053 | $512 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This mid-century home has undergone extensive recent renovations that meet the highest quality standards. Major systems are virtually new, including a roof installed in 2023, an HVAC system from 2024, and a water heater from 2022. The interior features modern wood flooring, updated bathrooms with contemporary tiling and a whirlpool tub, and a kitchen equipped with modern induction appliances. The outdoor space was also recently upgraded with a resurfaced PebbleTec pool and a new putting green in 2025, leaving no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13939, living area = 2232.
Designed by noted mid-century architect John Moyer, this home offers authentic historical character and a unique aesthetic that is highly coveted in the Palm Desert market.
The property features significant recent upgrades including a new roof (2023), a new HVAC system (2024), and a resurfaced PebbleTec saltwater pool, ensuring reduced immediate maintenance costs for the buyer.
Despite modern surface updates, the 1961 construction date suggests potential limitations in original plumbing or electrical configurations common in homes of this era.
The primary financial draw of the 2.5% assumable loan is restricted to qualified buyers, which may limit the pool of applicants who can fully leverage this specific benefit.
This thoughtfully updated 3-bedroom, 3-bathroom South Palm Desert mid-century home, built in 1961 with no HOA fees, perfectly blends classic mid-century character with meaningful modern upgrades. Designed by noted mid-century architect John Moyer, known for the Spider House in Pinyon Crest and his collaborations with builder Jack Meiselman in Palm Springs and Palm Desert, the home carries a piece of the region's architectural history. Recent improvements provide peace of mind, including a new roof installed in December 2023, a new HVAC system installed in February 2024, and a water heater replaced around early 2022. The backyard was enhanced in 2025 with a new putting green, while the saltwater pool was retiled and resurfaced with PebbleTec, creating a refreshed outdoor space ideal for relaxing or entertaining. Additional features include a Culligan water filtration and softening system, induction oven and cooktop, and a primary bathroom with a whirlpool soaking tub and jets. A full cabana bathroom with direct pool access adds convenience for outdoor living, and French drains installed in the front yard provide optimal drainage. An added opportunity for qualified buyers: the existing VA loan may be assumable at approximately 2.5% interest.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,232 | 2,279 | 49% |
| Lot Size | 13,939 | 10,019 | 80% |
| Price | $1.10M | $908.0K | 63% |
| Price per sq ft | $493 | $408 | 65% |
| Built year | 1961 | 1980 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 180 | 1% |
Mar 25, 2026
$1,100,000
Initial Listing
Aug 2, 2021
$930,000
Public Record
Jun 14, 2019
$600,000
Public Record
May 31, 2013
$397,500
Public Record
May 13, 2011
$292,000
Public Record
Aug 12, 2003
$385,000
Public Record