74140 Scholar Lane E, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 2 bath
Loading property details...
Palm Desert, California 92211
This Spacious Single-Family Residence is a Prime Investment Opportunity listed at $625,000—positioned well below the $651,843 Fair Market Value by 4%. This valuation gap provides $26,843 in Instant Equity. Boasting a Move-In Ready Condition Rating, the home features a grand chef's kitchen, panoramic mountain views, and a private pool and spa on fee land with no HOA fees. Located in the desirable College View Estates, it offers a perfect blend of lifestyle and value. This is an ideal match for Owner-Occupants or seasonal residents seeking a polished desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 74140 Scholar Lane E Subject | $625,000* List Price | 3 | 2 | 1,838 | $355 | - |
A 74101 E Academy Lane E Sold | $648,000 | 3 | 2 | 1,838 | $353 | 0.4 mi |
B 74119 Academy Lane E Sold | $649,000 | 3 | 2 | 2,275 | $285 | 0.4 mi |
C 74098 Imperial Court W Sold | $640,000 | 3 | 3 | 1,991 | $321 | 0.5 mi |
D 73620 Heatherwood Drive Drive Sold | $620,000 | 3 | 2 | 1,513 | $410 | 0.9 mi |
E 73690 Raphael Drive Sold | $686,303 | 3 | 3 | 1,942 | $353 | 0.1 mi |
F 37762 Drexell Drive Sold | $540,000 | 4 | 2 | 1,724 | $313 | 0.9 mi |
G 73909 Mondrian Place Active | $645,000 List Price | 3 | 3 | 1,946 | $331 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained for its 2001 build date. It features several recent updates including brand new bedroom carpeting, new LED recessed lighting, and new ceiling fans throughout. While the kitchen appliances and bathroom fixtures (such as the glass block window) reflect the original construction period, the kitchen remains high-end with granite countertops and a center island, and the overall condition shows minimal wear and tear.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1838.
The property features stunning mountain views and a private backyard with a pool, spa, and covered patio, perfectly designed for the quintessential desert lifestyle.
Ownership on fee land with no HOA fees provides significant monthly savings and greater flexibility for the homeowner compared to many neighboring Palm Desert communities.
The property's convenient location near freeways may result in some ambient traffic noise, which could affect the quietude of the outdoor pool area.
As a 2001 build, major components such as the roof and HVAC system may be approaching the end of their functional life cycles, potentially requiring future investment.
* 3BR/2BA detached Single Family Home with pano mountain views on fee land with no HOA* Open floor plan with vaulted ceiling living room/dining area, gas fireplace and direct access to a covered patio and gorgeous pool & spa; perfect for indoor/outdoor living and entertaining* Grand chef's kitchen with center island and 2nd sink and a 5-burner gas cooktop* Large primary bedroom, with direct access to the covered patio and pool deck, ensuite spa-like bath with soaking tub and separate shower and walk in closet* 2 additional excellent sized bedrooms* 2nd bath with shower over tub* Separate laundry room * Private yard with beautiful pool & spa and panoramic mountain views* Covered patio with recessed lighting and ceiling fans* Tiled floors throughout, brand new carpet in the bedrooms* New ceiling fans and new LED recessed lights throughout * Double paned windows throughout* 2-car side by side garage* Fantastic Palm Desert location close to freeways, schools, shopping center and renowned golf courses
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,838 | 1,972 | 41% |
| Lot Size | 9,583 | 6,534 | 82% |
| Price | $625.0K | $575.0K | 59% |
| Price per sq ft | $340 | $313 | 69% |
| Built year | 2001 | 1999 | 61% |
| HOA | $0 | $398 | 10% |
| Days on market | 14 | 166 | 0% |
Apr 8, 2026
$625,000
Initial Listing
Aug 29, 2002
$245,000
Public Record