
Palm Desert, California 92260
This Versatile Multi-Unit Compound is a Strong Value Opportunity, listed at $1,349,000—positioned slightly above the $1,332,111 Fair Market Value. While not a deep discount, the property’s Condition Rating of 3 ensures it is move-in ready with modern finishes. The expansive 13,068 sq. ft. lot, Pebble-Tec Pool, and flexible triplex potential provide significant long-term utility. Located near El Paseo, this property offers a unique blend of lifestyle and income-generating versatility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a multi-generational estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 74111 Old Prospector Trail Subject | $1,349,000* List Price | 4 | 4 | 2,845 | $468 | - |
A 73570 Grapevine Street Sold | $1,100,000 | 3 | 3 | 2,548 | $432 | 0.6 mi |
B 73905 Flagstone Lane Sold | $1,035,000 | 2 | 2 | 1,840 | $563 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1957, the property has undergone significant renovations likely within the 5-15 year range. The kitchens feature updated cabinetry and stainless steel appliances, bathrooms have been modernized with newer vanities and fixtures, and the pool has a newer pebble-tec finish. The interior shows well-maintained flooring and recessed lighting, indicating the systems and finishes are 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 exceptional flexibility, functioning as a multi-generational estate, duplex, or triplex with a detached casita and separate entrances for all four bedrooms.
Situated just blocks from the luxury shopping and dining of El Paseo, this property offers a prestigious address in a quiet, serene neighborhood without the restrictions or costs of an HOA.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Originally built in 1957, the property may require ongoing maintenance or modernization of its older systems and infrastructure to meet contemporary luxury standards.
While the grounds are beautifully landscaped, the property only offers 'peek-a-boo' views, which may be a drawback for buyers seeking the expansive mountain vistas typical of the region.
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.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 and split floor plan allows for easy entertaining and maximum privacy. Abundant closet space throughout. Must see by appointment. 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 | 3.0 |
| Square foot | 2,845 | 2,105.901 |
| Lot Size | 13,068 | 7,713.859 |
| Price | $1.35M | $640.1K |
| Price per sq ft | $474 | $315 |
| Built year | 1957 | 1996 |
| HOA | $0 | $398 |
| Days on market | 7 | 78 |
Sep 2, 2026
$1,349,000
Initial Listing
May 3, 2006
$674,500
Public Record