73197 Rod Laver Lane, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath
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Palm Desert, California 92260
This Condominium represents a Strong Value Opportunity, listed at $279,900—positioned well below the $282,000 Fair Market Value by 0.75%. This valuation gap offers $2,100 in Instant Equity for the buyer. Featuring a Fair Condition Rating and stunning mountain views from a private patio, the property offers a lifestyle-focused layout within the Deep Canyon Tennis Club. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 73197 Rod Laver Lane Subject | $279,900* List Price | 2 | 2 | 1,088 | $259 | - |
A 73242 Don Budge Sold | $328,000 | 3 | 2 | 1,170 | $280 | 0.1 mi |
B 73750 Desert Vista Court Sold | $349,999 | 3 | 2 | 1,248 | $280 | 0.8 mi |
C 72770 Willow Sold | $240,000 | 2 | 1 | 840 | $286 | 0.4 mi |
D 73067 Pancho Segura Lane Sold | $275,000 | 2 | 3 | 1,258 | $219 | 0.1 mi |
E 72922 Ken Rosewall Lane Sold | $320,000 | 3 | 2 | 1,170 | $274 | 0.3 mi |
F 46943 Highway 74 4 Sold | $230,000 | 2 | 1 | 924 | $249 | 0.5 mi |
G 72694 Eagle Road 3 Sold | $239,000 | 2 | 1 | 840 | $285 | 0.5 mi |
H 46183 Highway 74 20 Sold | $270,000 | 2 | 2 | 1,104 | $245 | 0.5 mi |
I 73062 Helen Moody Lane Active | $340,000 List Price | 3 | 2 | 1,170 | $291 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, the property shows signs of a previous renovation that is likely 20-25 years old. The kitchen features dated tile countertops with blue trim and older white appliances. While the home is well-maintained and move-in ready as described, the age of the finishes and the 50-year building age without a recent (under 15 years) overhaul place it in the Fair category.
Situated in the desirable Deep Canyon Tennis Club in South Palm Desert, the property offers a gated community lifestyle with walking distance to El Paseo shopping and access to premium amenities including tennis, pickleball, and multiple pools.
The condo comes fully furnished and features a significant price reduction, making it an ideal, hassle-free opportunity for seasonal residents or first-time buyers looking for an immediate move-in.
The private covered patio provides stunning mountain views, enhancing the living experience and providing a high-value aesthetic that is highly sought after in the Palm Desert market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 542. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The association fee of $740 per month is relatively high for a 1,088-square-foot unit, which may impact buyer affordability and overall investment yield.
Built in 1974, the property features a 1.5-bath layout rather than two full bathrooms, which may be seen as a limitation for families or guests compared to more modern condominium designs.
SIGNIFICANT PRICE REDUCTION!! Fully furnished and ready to move in, two story 2 bedroom, 1.5 bath condo in the desirable Deep Canyon Tennis Club in South Palm Desert! Its bright, thoughtfully laid-out, and easy to maintain. Picture a warm living room with plenty of natural light, a well appointed kitchen, and a private covered patio where you can sip your morning coffee with stunning mountain views. You're part of a great gated neighborhood with lush landscaping, walking paths, several pools and spas, tennis, pickleball and bocce ball courts. Walking distance to the prestige stores in El Paseo and hiking trails.
No exterior & parking available.
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,088 | 1,548 |
| Lot Size | 436 | 2,178 |
| Price | $279.9K | $473.9K |
| Price per sq ft | $257 | $321 |
| Built year | 1974 | 1983 |
| HOA | $740.0 | $800 |
| Days on market | 7 | 69 |
Jul 15, 2026
$279,900
Initial Listing
Mar 8, 2024
$310,000
Public Record
Dec 23, 2013
$185,000
Public Record
Aug 14, 2007
$205,000
Public Record
Feb 27, 2004
$169,500
Public Record
Sep 16, 1999
$75,000
Public Record