
Palm Desert, California 92260
This property presents a High-Potential Investment Opportunity with a List Price of $695,000—positioned well below the $680,555 Fair Market Value by -2%. Featuring a Fair Condition Rating, this 1966 mid-century home requires a comprehensive remodel, offering significant upside for forced appreciation. Key assets include a large 7,841 sqft lot, private pool and spa, and unobstructed golf course views. Located in a prime South Palm Desert cul-de-sac with no HOA dues, this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 73358 Grapevine Lane Subject 2 bd · 2 ba · 1,652 sqft · $412 | $695,000* List Price | 2 | 2 | 1,652 | $412 | - |
A 45700 Mountain View Avenue Sold 3 bd · 2 ba · 1,694 sqft · $377 · 0.7 mi | $638,750 | 3 | 2 | 1,694 | $377 | 0.7 mi |
B 73940 Mountain View Avenue Sold 2 bd · 2 ba · 1,450 sqft · $466 · 0.7 mi | $675,000 | 2 | 2 | 1,450 | $466 | 0.7 mi |
C 48240 Birdie Way B Sold 2 bd · 2 ba · 1,316 sqft · $505 · 1.0 mi | $665,000 | 2 | 2 | 1,316 | $505 | 1.0 mi |
D 46310 Burroweed Lane Sold 2 bd · 2 ba · 1,896 sqft · $343 · 0.1 mi | $650,000 | 2 | 2 | 1,896 | $343 | 0.1 mi |
E 73465 Silver Moon Trail Sold 3 bd · 3 ba · 1,978 sqft · $364 · 0.8 mi | $720,000 | 3 | 3 | 1,978 | $364 | 0.8 mi |
F 44841 San Jacinto Avenue Sold 3 bd · 3 ba · 1,680 sqft · $381 · 0.9 mi | $640,000 | 3 | 3 | 1,680 | $381 | 0.9 mi |
G 73329 Buckboard Trail Sold 2 bd · 2 ba · 1,500 sqft · $436 · 0.9 mi | $654,333 | 2 | 2 | 1,500 | $436 | 0.9 mi |
H 72795 Pitahaya Street Active 3 bd · 3 ba · 1,580 sqft · $442 · 0.7 mi | $698,000 List Price | 3 | 3 | 1,580 | $442 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1966 build with a kitchen and bathroom renovation that appears to be 20+ years old (honey oak cabinetry, white appliances, and older tile). While functional and well-kept, the interior features dated finishes like popcorn ceilings and older carpeting. The listing agent explicitly markets the home as a 'project to remodel,' which aligns with the Fair criteria for a dated home needing updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1652.
Situated on a private cul-de-sac in a highly sought-after neighborhood, this property offers exceptional proximity to the luxury shopping and dining of El Paseo.
The home features a private pool and spa with direct views of the Historic Shadow Mountain Golf Course and surrounding mountains, providing a premium desert lifestyle.
Built in 1966 and marketed as a 'project to remodel,' the property likely requires a substantial capital investment to update its original mid-century systems and finishes.
Being an attached single-family residence, the property shares a common wall, which may be a drawback for buyers seeking the total privacy of a fully detached home.
Fabulous Mid-Century Home in the Heart of South Palm Desert! This 1,652 square foot home has 2 bedrooms, plus a den/3rd bedroom, 2 bathrooms, and a laundry room inside. The spacious backyard has a private pool, spa and outdoor living area along with golf course and mountain views. Highly sought after neighborhood conveniently located on a private cul-de-sac, close to El Paseo, shopping and dining. This attached single family home overlooks the Historic Shadow Mountain Golf Course and has no HOA Dues. There's also a 2 car garage. This is a great opportunity for an investor or someone looking for a great project to remodel and make their own!
No exterior & parking available.
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,652 | 2,058.132 |
| Lot Size | 7,841 | 7,541.284 |
| Price | $695.0K | $629.6K |
| Price per sq ft | $421 | $309 |
| Built year | 1966 | 1997 |
| HOA | $0 | $398 |
| Days on market | 18 | 79 |
Oct 7, 2026
$695,000
Initial Listing
Nov 9, 1995
$215,000
Public Record