73754 Kandinsky Way, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 3 bath

73754 Kandinsky Way, Palm Desert, California 92211 home-pic-0

73754 Kandinsky Way

Palm Desert, California 92211

ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,361Sq Ft
11,326Lot Size

Property Price

LIST PRICE$799,000
EST. MARKET VALUE
$836,519
4% BelowMARKET VALUE

SUMMARY

Analysis of 73754 Kandinsky Way, Palm Desert, California 92211 reveals a Prime Investment Opportunity with a current list price of $799,000—significantly undercutting the $836,519 Fair Market Value by 4%. This valuation gap indicates a +$37,519 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

$836,519 +$37,519 Equity Potential
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
73754 Kandinsky Way
Subject
$799,000*
List Price
332,361$354-
A
74098 Imperial Court W
Sold
$640,000331,991$3210.8 mi
B
74062 Jeri Lane
Sold
$710,000432,563$2770.6 mi
C
74078 W Petunia Place
Sold
$949,000432,800$3390.9 mi
D
74376 Zeppelin
Sold
$930,000342,467$3770.5 mi
E
75157 Radford Drive
Sold
$879,000332,496$3520.8 mi
F
73690 Raphael Drive
Sold
$686,303331,942$3530.3 mi
G
73986 Mondrian Place
Active
$817,000
List Price
331,946$4200.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2012, this property falls within the 10-20 year age bracket for a 'good' rating and is move-in ready with no immediate renovations required. The home is impeccably maintained, featuring a modern kitchen with stainless steel appliances, ceramic tile and wood-like flooring, and significant technological upgrades including 24 owned solar panels, an EV charging station, and a whole-house water filtration system. All major systems and outdoor amenities appear well-maintained and functional.

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 = 11326, living area = 2361.

  • Energy Efficiency & Smart Technology

    The home is equipped with 24 fully owned solar panels, solar pool heating, and an electric vehicle charging station, offering significant long-term savings on utility costs.

  • Exceptional Outdoor Amenities

    The backyard features a 50-foot pool with a grotto waterfall, an above-ground spa, and a cooling mist system, all set against breathtaking panoramic mountain views.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

  • School Proximity and Ratings

    Assigned schools are located over four miles away and carry average to lower ratings (3-6 range), which may be a drawback for families prioritizing education access.

  • Market Value Volatility

    The property was sold for $850,000 in 2022 and is currently listed at $799,000, reflecting a notable decrease in valuation compared to its previous peak sale price.

About 73754 Kandinsky Way

The ideally elevated location of this stunning home in the desirable gated community of the Gallery has breathtaking panoramic sweeping views of the mountains. The VISUAL APPEAL is definitely evident. Now let's check off your next home's FUNCTIONALITY...>Impeccably maintained and smartly configured floorplan of 2361 sqft, 3 spacious bedrooms with woodlike floors, each with their own bathroom. > The Great Room with ceramic tile floors and fireplace opens to the Kitchen and Dining Room becoming the true heart of the home enhancing entertainment. The windows allow natural light and view of the backyard.. AMENITIES INCLUDE..> 24 fully owned Solar Panels, greatly reducing energy costs. > Solar Pool Heating Panels also save pool heating costs. > Under kitchen sink water filter plus whole house water filtration system. >Modern technology includes a smart Ring entry system with app integration and an electric vehicle charging station. BACKYARD FEATURES...> 50 ft. pool with dual waterfall feature, and shallow lounging area. > Cascading Grotto waterfall set in desert landscaping,> Solid Patio Cover. with cooling water mist system.> Above Ground Spa. > BBQ Entertainment Center. Most items shown are to be included. A MUST SEE home to fully appreciate.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2012
Lot Size
11,326 Sq. Ft.

Interior

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

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$170.0 / Month

Neighborhood Insights

Palm Desert Unified Schools

Rancho Mirage Elementary School

Grades K-5 • 4.3 mi

6/10

Nellie N. Coffman Middle School

Grades 6-8 • 4.2 mi

3/10

Rancho Mirage High

Grades 9-12 • 3.9 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.0
53%
Square foot2,3611,931
73%
Lot Size11,3266,534
92%
Price$799.0K$560.0K
83%
Price per sq ft$338$312
68%
Built year20122000
83%
HOA$170.0$394
26%
Days on market8164
1%

Pricing History

Listed for Sale

Feb 27, 2026

$799,000

Initial Listing

Sold

May 19, 2022

$850,000

Public Record

Sold

Apr 20, 2012

$330,000

Public Record

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