
Palm Desert, California 92260
This Versatile Mid-Century Spanish Compound is a Strong Value Opportunity, listed at $1,349,000—positioned well below the $1,301,192 Fair Market Value by -3%. While the price reflects current market stability, the property offers significant upside through its Exceptional Versatility as a multi-generational estate or income-generating triplex. Featuring a Condition Rating of 3, the home includes a Pebble-Tec Pool, updated kitchen, and private casita. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, non-HOA desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 74111 Old Prospector Trail Subject 4 bd · 4 ba · 2,845 sqft · $457 | $1,349,000* List Price | 4 | 4 | 2,845 | $457 | - |
A 73570 Grapevine Street Sold 3 bd · 3 ba · 2,548 sqft · $432 · 0.6 mi | $1,100,000 | 3 | 3 | 2,548 | $432 | 0.6 mi |
B 73905 Flagstone Lane Sold 2 bd · 2 ba · 1,840 sqft · $563 · 0.2 mi | $1,035,000 | 2 | 2 | 1,840 | $563 | 0.2 mi |
C 74090 Setting Sun Trail Active 4 bd · 4 ba · 2,893 sqft · $482 · 0.1 mi | $1,395,000 List Price | 4 | 4 | 2,893 | $482 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1957, the property has undergone substantial renovations, likely within the 10-20 year range. The kitchen features updated wood cabinetry, a large center island, and modern countertops. The bathrooms are fully updated with travertine-style tiling and modern fixtures. The home is well-maintained, functional, and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 2845.
This unique mid-century Spanish compound offers incredible flexibility, functioning as a multi-generational estate, duplex, or triplex with separate entrances for all four bedrooms and a fully equipped detached casita.
Situated just blocks from the luxury retail and dining of El Paseo, the property sits in a highly desirable low-wind zone and benefits from the absence of HOA fees or gated community restrictions.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1957, the property may require more frequent maintenance or updates to its original systems compared to newer luxury builds in the area.
As a non-gated residence, the property lacks the communal security patrols and controlled access often sought by high-end buyers in the Palm Desert market.
Quiet and serene South Palm Desert luxury compound, just blocks from El Paseo. What sets this unique and charming property apart from others is its versatility. This distinctive, mid-century Spanish-style compound can be a multi-generational estate, a duplex, or even a triplex. The quiet location includes over 13,000 square feet of land with dozens of flowering plants and majestic palms.There are two primary bedrooms. Split floor plan.All four bedrooms have separate entrances. The detached casita is especially private, with 7' perimeter walls, private, covered parking, its own washer/dryer, kitchenette, and two private patios. The east wing of the property can also function as a separate unit if desired, since it has its own separate entrance, full bath, and kitchenette. The ultra-private, park-like back yard of the main house is nothing short of a tropical paradise, with meandering paths, tall block walls, towering palms, and a large, pebble-tec pool. Not in a gated community. No HOAs. The open floor plan allows for easy entertaining. Abundant closet space throughout. Located in a low wind zone. Must see by appointment only. Welcome to your paradise in the desert!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.9 |
| Square foot | 2,845 | 2,058.132 |
| Lot Size | 13,068 | 7,541.284 |
| Price | $1.35M | $629.6K |
| Price per sq ft | $474 | $309 |
| Built year | 1957 | 1997 |
| HOA | $0 | $398 |
| Days on market | 53 | 79 |
Sep 2, 2026
$1,349,000
Initial Listing
May 3, 2006
$674,500
Public Record