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

73043 Monterra Circle W
Palm Desert, California 92260
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 73043 Monterra Circle W Subject | $1,550,000* List Price | 3 | 5 | 3,225 | $435 | - |
A 73230 Desert Rose Drive Sold | $1,425,000 | 3 | 3 | 3,087 | $462 | 0.5 mi |
B 48285 Monterra Circle W Sold | $1,550,000 | 4 | 4 | 3,255 | $476 | 0.0 mi |
C 73086 Monterra Circle N Sold | $1,300,000 | 3 | 5 | 3,225 | $403 | 0.2 mi |
D 48521 Olympic Drive Active | $1,700,000 List Price | 4 | 5 | 3,613 | $471 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 5.0 | 3.0 | 83% |
| Square foot | 3,225 | 2,309 | 81% |
| Lot Size | 18,295 | 10,019 | 86% |
| Price | $1.55M | $870.5K | 79% |
| Price per sq ft | $481 | $390 | 70% |
| Built year | 1988 | 1983 | 56% |
| HOA | $375.0 | $0 | 77% |
| Days on market | 38 | 160 | 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


































































