74140 Aster Drive, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
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Palm Desert, California 92260
This property presents a High-Potential Investment Opportunity with a List Price of $525,000—positioned well below the $545,404 Fair Market Value by 3%. This valuation gap offers $20,404 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home is functional but requires cosmetic updates to modernize its 1959 vintage. With a large 8,276 sqft lot, panoramic views, and a private pool, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build value through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 74140 Aster Drive Subject | $490,000* List Price | 3 | 2 | 1,750 | $288 | - |
A 44734 San Jose Avenue Sold | $510,000 | 3 | 2 | 1,456 | $350 | 0.5 mi |
B 43120 Buttonwood Drive Sold | $450,000 | 4 | 2 | 1,492 | $302 | 0.4 mi |
C 74127 Velardo Drive Sold | $489,000 | 3 | 2 | 1,456 | $336 | 0.0 mi |
D 42570 Stephani Circle Sold | $415,000 | 3 | 2 | 1,232 | $337 | 0.8 mi |
E 45499 Garden Square Sold | $470,000 | 3 | 2 | 1,900 | $247 | 0.8 mi |
F 74450 Candlewood Active | $579,000 List Price | 3 | 3 | 1,695 | $342 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, the home is functional but dated. While the living area features newer tile flooring, the bathroom shows 20+ year old cabinetry, laminate counters, and older fixtures. The property is well-maintained but requires cosmetic updates and likely system overhauls to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1750.
Situated just minutes from El Paseo, world-class golf, and premier dining, this property offers unparalleled access to the best lifestyle amenities Palm Desert has to offer.
The home is beautifully maintained with mature landscaping and a modern exterior, providing an inviting first impression and reducing the need for immediate exterior renovations.
Built in 1959, the property may require updates to major systems or structural components to meet modern energy efficiency standards and contemporary buyer expectations.
At approximately 8,276 square feet, the lot size is standard for the area but may be perceived as a limitation for buyers seeking expansive private grounds or large-scale outdoor additions.
Welcome to 74140 Aster Drive, a beautifully maintained home in the heart of Palm Desert offering comfort, style, and an exceptional central location. This inviting 3-bedroom, 2-bath residence features approximately 1,750 square feet of living space with a functional floor plan designed for everyday living and effortless entertaining.The home offers outstanding curb appeal with a manicured front lawn, mature landscaping, and an attractive modern exterior. Inside, spacious living areas are filled with natural light, creating a warm and welcoming atmosphere. The private backyard provides the perfect setting to relax, entertain, or enjoy the beautiful desert climate year-round.Ideally located just minutes from El Paseo, world-class golf, shopping, dining, entertainment, hiking trails, and everything Palm Desert has to offer, this home is an excellent opportunity as a primary residence, seasonal getaway, or investment property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,750 | 2,040 |
| Lot Size | 8,276 | 7,405 |
| Price | $490.0K | $634.5K |
| Price per sq ft | $280 | $325 |
| Built year | 1959 | 1994 |
| HOA | $0 | $398 |
| Days on market | 22 | 74 |
Jul 17, 2026
$490,000
$525,000
-7% Price Drop
Initial Listing
Jun 30, 2026
$525,000
Initial Listing
Apr 14, 2020
$386,500
Public Record
Apr 5, 2013
$214,000
Public Record
Aug 26, 2010
$150,000
Public Record