
Palm Desert, California 92260
This Condominium is a Strong Value Opportunity, listed at $499,000—positioned well below the $457,106 Fair Market Value by -9%. While the list price exceeds the current valuation, the property offers a Good Condition Rating with a Granite Kitchen and Mountain and Valley Views. Located in the prestigious Deep Canyon Tennis Club, the home provides a flexible layout with three-bedroom potential. This residence is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a lifestyle-focused property near Palm Desert High School.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 73188 Bill Tilden Lane Subject | $499,000* List Price | 3 | 2 | 1,119 | $408 | - |
A 72732 Tony Trabert Lane Sold | $440,000 | 3 | 2 | 1,170 | $376 | 0.4 mi |
B 73721 Desert Vista Court Sold | $465,000 | 3 | 2 | 1,248 | $373 | 0.7 mi |
C 48852 Owl Lane Sold | $465,000 | 2 | 2 | 1,202 | $387 | 0.9 mi |
D 72730 Yucca Court Sold | $454,500 | 2 | 2 | 1,350 | $337 | 0.6 mi |
E 45750 San Luis Rey Avenue 24 Sold | $410,000 | 1 | 2 | 1,000 | $410 | 0.9 mi |
F 72869 Don Larson Lane Lane Sold | $420,000 | 2 | 2 | 1,119 | $375 | 0.2 mi |
G 73103 Alice Marble Lane Active | $510,000 List Price | 3 | 2 | 1,170 | $436 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was remodeled approximately 15 years ago, which fits the 'Good' criteria. The kitchen features functional granite countertops, stainless steel appliances, and stone flooring. While some elements like the light box and cabinet style are slightly dated, the home appears well-maintained and move-in ready.
Situated in the desirable Deep Canyon Tennis Club, this property offers a prestigious location known for its active lifestyle and proximity to the high-end shopping and dining of El Paseo.
The condo boasts beautiful views of the surrounding mountains and valley, providing a serene backdrop that enhances the overall value and appeal of the residence.
With a three-bedroom potential, the current layout offers versatility; one room is currently utilized as an expanded living area but retains a closet for easy conversion back to a bedroom.
The monthly association fee of $776 is relatively high, which may impact the overall affordability for some buyers and reduce the net yield for potential investors.
Although the property is described as remodeled, the updates were completed approximately 15 years ago, meaning some fixtures and finishes may soon require modernization to stay competitive.
Come see this beautiful condo -remodeled about 15 years - beautiful views ,great location. One of the bedrooms was turned into a living room , but it has closet could be converted back. Please go aand see this is person.
No exterior & parking available.
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 61% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,119 | 1,548 | 11% |
| Lot Size | 1,241 | 2,613 | 29% |
| Price | $499.0K | $499.0K | 50% |
| Price per sq ft | $446 | $335 | 79% |
| Built year | 1975 | 1979 | 23% |
| HOA | $776.0 | $764 | 53% |
| Days on market | 16 | 157 | 1% |
May 22, 2026
$499,000
Initial Listing
Apr 2, 1999
$98,000
Public Record