74142 Peppergrass Street, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath
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Palm Desert, California 92260
This Remodeled Single Family Residence is a High-Potential Investment Opportunity, listed at $749,999—positioned well below the $773,213 Fair Market Value by 3%. This valuation gap offers $23,214 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home offers a move-in ready interior, a private pool, and scenic mountain views. Located in the Desert Sands Unified district, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey home in a prime school zone.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 74142 Peppergrass Street Subject | $749,999* List Price | 3 | 2 | 1,696 | $456 | - |
A 74614 Yucca Tree Drive Sold | $845,000 | 3 | 2 | 1,850 | $457 | 0.5 mi |
B 74130 Chicory Street Sold | $825,000 | 3 | 2 | 1,722 | $479 | 0.1 mi |
C 74345 Fairway Sold | $560,000 | 3 | 2 | 1,447 | $387 | 0.2 mi |
D 44841 San Jacinto Avenue Sold | $640,000 | 3 | 3 | 1,680 | $381 | 0.5 mi |
E 44243 Silver Canyon Lane Sold | $950,000 | 4 | 2 | 2,078 | $457 | 0.8 mi |
F 45700 Mountain View Avenue Active | $785,000 List Price | 3 | 2 | 1,694 | $463 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1989, the property is explicitly described as 'Remodeled' and appears in mint condition. Based on the criteria for a recent renovation (under 5 years), the home is move-in ready with high curb appeal and no visible maintenance needs.
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 = 1696.
Situated in the highly desirable South Palm Desert area directly across from Washington Charter School, offering exceptional convenience and value for families.
The home features a recently remodeled interior with additional bonus rooms, providing a contemporary aesthetic and flexible square footage for a home office or gym.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The significant list price increase from $499,900 to $749,999 in a single day may lead to appraisal challenges or buyer hesitation regarding the valuation.
With a build date of 1989, major mechanical systems and structural components may be nearing the end of their functional lifespan despite the cosmetic interior updates.
Coming Soon. Remodeled 3 bedroom, 2 bath home with bonus rooms in the highly desirable South Palm Desert and Desert Sands School district. Directly across the street from Washington Charter School with views of San Jacinto and San Gorgonio.
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 | 32% |
| Square foot | 1,696 | 2,426 | 24% |
| Lot Size | 8,276 | 10,019 | 33% |
| Price | $750.0K | $965.2K | 27% |
| Price per sq ft | $442 | $425 | 52% |
| Built year | 1989 | 1979 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 180 | 1% |
Jun 4, 2026
$749,999
Initial Listing
Jun 3, 2026
$499,900
Initial Listing
Jan 18, 2022
$579,000
Public Record