73043 Monterra Circle W, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 5 bath

73043 Monterra Circle W, Palm Desert, California 92260 home-pic-0

73043 Monterra Circle W

Palm Desert, California 92260

ACTIVE
CONDITION: FAIR
3Beds
5Baths
3,225Sq Ft
18,295Lot Size

Property Price

LIST PRICE$1,550,000
EST. MARKET VALUE
$1,403,126
10% AboveMARKET VALUE

SUMMARY

Analysis of 73043 Monterra Circle W, Palm Desert, California 92260 reveals a property with a current list price of $1,550,000, which is 10% above the estimated $1,403,126 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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

$1,403,126
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
73043 Monterra Circle W
Subject
$1,550,000*
List Price
353,225$435-
A
73230 Desert Rose Drive
Sold
$1,425,000333,087$4620.5 mi
B
48285 Monterra Circle W
Sold
$1,550,000443,255$4760.0 mi
C
73086 Monterra Circle N
Sold
$1,300,000353,225$4030.2 mi
D
48521 Olympic Drive
Active
$1,700,000
List Price
453,613$4710.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1988, this property is well-maintained and move-in ready, but the interior aesthetics, particularly in the kitchen and bathrooms, are significantly dated. The kitchen features black louvered cabinets and a granite backsplash that reflect its original era, while the bathrooms showcase extensive use of granite, vessel sinks, and a heavily mirrored design that would require substantial updates to meet contemporary preferences. While major systems like the zoned HVAC are functional, the property aligns with the 'Fair' category due to its age and the need for aesthetic renovations in key areas, rather than being extensively renovated within the last 15 years.

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 = 18295, living area = 3225.

  • Exclusive Guard-Gated Community & Prime Location

    Positioned within Monterra, a high-end, guard-gated enclave in South Palm Desert, offering security, prestige, and proximity to world-class amenities.

  • Expansive & Private Corner Lot

    Sited on a rare, nearly half-acre private corner lot, providing exceptional space, seclusion, and significant outdoor potential.

CONSRISKS & DEFICIENCIES

  • Property Age (1988)

    Built in 1988, the home's original design and some systems may reflect an older aesthetic or technology, potentially requiring updates to meet contemporary preferences.

  • High Ongoing Maintenance & Utility Costs

    The large lot with extensive landscaping, pool, and spa, combined with the desert climate, suggests significant ongoing expenses for utilities and property upkeep.

  • Turn-Key Furnished (Limited Customization)

    While convenient, the 'turn-key furnished' offering may limit a buyer's immediate ability to personalize the interior design or negotiate a lower price for an unfurnished property.

About 73043 Monterra Circle W

Fantastic and RARE opportunity to own one of the largest lots inside guard-gated Monterra, a high-end enclave of approx. 95 homes. This former model home for the community is sited on an extremely private, corner lot nearly 1/2 acre in size. Prime South Palm Desert real estate! The largest and most coveted floor plan in Monterra, this super spacious home is offered turn-key furnished and its layout is one of the most versatile you'll find anywhere. A private, quiet courtyard with burbling fountain leads directly into a charming entry foyer and then into the open living space that defines Monterra living. Cozy living room with raised hearth gas fireplace and adjacent wet bar provide intimate conversation areas. All three bedrooms are well-separated and are ensuite with their own private baths. The primary bedroom is oversized with its own gas fireplace and TWO full separate bathrooms as well as TWO separate walk-in closets. There is a separate family room off the kitchen and a nearby hall half-bath. Many oversized windows and double-doors surround the house and inside several large skylights and a solar tube bring all the light in for true desert ambiance. Outside is truly magical. Sparkling pool is large and refreshing with spa, waterfalls and surrounded with square marble tile decking. Plenty of room to entertain lavishly year round under the large covered patio - even has space heaters installed above for winter nights. Explore your own entire arborium of magnificent ficus trees, olive trees, swaying palms, shrubs - and many citrus specimens: orange, lemon, meyer lemon, grapefruit, more. Relax playing a round of petanque on your own private lighted court. The side yard features an enormous marble clad pavilion, with more trees, desertscape - and more than enough room for your own private sculpture garden or putting green. A truly remarkable find! Lavishly entertain 300 people with ease in this large home and surrounding property. Large 3-car garage & zoned HVAC. Monterra is a golf-cart ride away from some of the top golfing venues in the desert and is literally adjacent to famed Ironwood CC for those who want club access without high HOAs. Just minutes to world-class dining, shopping, galleries, and services on Palm Desert's famed El Paseo. Nearby are the McCallum Theater and College of the Desert. Walk to the Living Desert! 25 minutes to PS Int'l. Monterra's LOW HOAs cover the guard gate and all common areas.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1988
Lot Size
18,295 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$375.0 / Month

Neighborhood Insights

Palm Desert Unified Schools

Palm Desert High School

Grades 9-12 • 3.1 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths5.03.0
83%
Square foot3,2252,309
81%
Lot Size18,29510,019
86%
Price$1.55M$870.5K
79%
Price per sq ft$481$390
70%
Built year19881983
56%
HOA$375.0$0
77%
Days on market38160
2%

Pricing History

Listed for Sale

Mar 4, 2026

$1,550,000

$1,695,000

-9% Price Drop

Initial Listing

Price Change

Jan 28, 2026

$1,695,000

Initial Listing

Sold

Feb 10, 2010

$410,000

Public Record

Sold

Apr 7, 2006

$850,000

Public Record

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