74127 Velardo Drive, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath

74127 Velardo Drive, Palm Desert, California 92260 home-pic-0

74127 Velardo Drive

Palm Desert, California 92260

ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,456Sq Ft
9,148Lot Size

Property Price

LIST PRICE$489,000
EST. MARKET VALUE
$499,398

SUMMARY

Estimated Market Value

$499,398
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
74127 Velardo Drive
Subject
$489,000*
List Price
321,456$343-
A
44734 San Jose Avenue
Sold
$510,000321,456$3500.5 mi
B
43880 Primrose
Sold
$442,000321,353$3270.1 mi
C
74060 Desert Star Boulevard
Sold
$420,000321,344$3130.2 mi
D
43255 Silktree Lane
Sold
$620,000321,618$3830.4 mi
E
74320 Primrose Drive
Sold
$490,000321,288$3800.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property, built in 1961, retains much of its original 'retro charm,' which translates to a significantly dated interior. While it benefits from a newer roof, newer water heater, and leased solar, the kitchen features very old appliances, original-style wood cabinets, and laminate countertops. Bathrooms also show dated vanities, fixtures, and tile work. Flooring is a mix of worn carpet and old-patterned tile. The home is functional and appears well-maintained for its age, but requires substantial cosmetic updates and modernization, particularly in the kitchen and bathrooms, to align with current standards.

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 = 9148, living area = 1456.

  • Desirable Location

    Situated in a prime Palm Desert area, offering convenient access to schools, upscale shopping/dining on El Paseo, and outdoor activities like hiking.

  • Private Pool & Outdoor Oasis

    Features a sparkling pool and a covered back patio, perfect for enjoying the classic Palm Desert lifestyle and entertaining.

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 = 4.

  • Dated Interior & Galley Kitchen

    The 'original personality' and 'adorable galley kitchen' suggest outdated finishes and a potentially less functional layout that may not meet modern buyer expectations.

  • Renovation Required for Modernization

    Described as a 'blank canvas,' indicating that significant updates and investment will likely be needed to modernize the home beyond its vintage charm.

About 74127 Velardo Drive

Welcome home to Palm Desert! Nestled in the heart of the desert, this adorable mid-century modern home is full of retro charm and timeless character. Lovingly cared for and cherished by its longtime owners, it's now ready for its next chapter and the perfect opportunity for you to make it your own.Featuring 3 bedrooms and 2 bathrooms, this home sits on an oversized corner lot with a covered back patio ideal for relaxing or entertaining. Step outside to your sparkling pool and soak in those classic Palm Desert vibes under the sunshine and palm trees.Inside, you'll find an inviting layout with an adorable galley kitchen and plenty of original personality throughout. This home is a true blank canvas, offering endless possibilities to customize and create your dream desert retreat while still preserving its classic vintage charm.Additional highlights include leased solar that helps cover the monthly electric bill, a newer roof, and a newer water heater. Plus, enjoy a prime location close to schools, shopping and dining of El Paseo, and nearby hiking trails.Don't miss your chance to own this fun and charming retro gem in one of Palm Desert's most desirable areas!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1961
Lot Size
9,148 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
32%
Square foot1,4562,252
21%
Lot Size9,14810,018
45%
Price$489.0K$867.0K
14%
Price per sq ft$336$390
32%
Built year19611983
14%
HOA$0$0
50%
Days on market36160
1%

Pricing History

Listed for Sale

Jan 30, 2026

$489,000

Initial Listing

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