74174 Velardo, Palm Desert, California 92260, Palm Desert, 92260 - 4 bed, 2 bath
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74174 Velardo
Palm Desert, California 92260
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,456Sq Ft
7,841Lot Size
Property Price
LIST PRICE$650,000
EST. MARKET VALUE
$604,997
7% AboveMARKET VALUE
SUMMARY
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $650,000—positioned above the $604,998 Fair Market Value. While priced slightly above market, the property offers a Condition Rating of 3, featuring a 2016 roof and on-demand hot water. The versatile floor plan, including a private primary suite with a separate entrance, provides significant flexibility for multi-generational living or rental income. Located near El Paseo Drive, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready Palm Desert lifestyle.
Estimated Market Value
$604,997
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 74174 Velardo Subject 4 bd · 2 ba · 1,456 sqft · $416 | $650,000* List Price | 4 | 2 | 1,456 | $416 | - |
A 45506 Deep Canyon Road Sold 3 bd · 2 ba · 1,440 sqft · $573 · 0.9 mi | $824,900 | 3 | 2 | 1,440 | $573 | 0.9 mi |
B 74161 Erin Street Sold 3 bd · 2 ba · 1,288 sqft · $408 · 0.0 mi | $525,000 | 3 | 2 | 1,288 | $408 | 0.0 mi |
C 44331 San Jose Avenue Sold 3 bd · 2 ba · 1,350 sqft · $393 · 0.4 mi | $530,000 | 3 | 2 | 1,350 | $393 | 0.4 mi |
D 74567 Gary Avenue Sold 3 bd · 2 ba · 1,567 sqft · $348 · 0.6 mi | $545,000 | 3 | 2 | 1,567 | $348 | 0.6 mi |
E 43260 Silktree Lane Sold 4 bd · 2 ba · 1,492 sqft · $399 · 0.4 mi | $595,000 | 4 | 2 | 1,492 | $399 | 0.4 mi |
F 73940 Mountain View Avenue Sold 2 bd · 2 ba · 1,450 sqft · $466 · 1.0 mi | $675,000 | 2 | 2 | 1,450 | $466 | 1.0 mi |
G 44841 San Jacinto Avenue Sold 3 bd · 3 ba · 1,680 sqft · $381 · 0.6 mi | $640,000 | 3 | 3 | 1,680 | $381 | 0.6 mi |
H 74429 Buttonwood Drive Sold 3 bd · 2 ba · 1,288 sqft · $380 · 0.3 mi | $490,000 | 3 | 2 | 1,288 | $380 | 0.3 mi |
I 43700 Buena Circle Active 3 bd · 2 ba · 1,166 sqft · $401 · 0.3 mi | $468,000 List Price | 3 | 2 | 1,166 | $401 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1961, the property is well-maintained and move-in ready with significant updates. Key systems are relatively modern, including a roof replaced in 2016 and an on-demand hot water system. Interior photos show stone tile flooring and bathrooms renovated with granite countertops and updated fixtures, placing the renovation age likely within the 5-15 year range.
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 = 7841, living area = 1456.
- Versatile Living Arrangement
The primary suite features a separate entrance and is privately positioned at the opposite end of the home, making it ideal for a home office, guest quarters, or multi-generational living.
- Turnkey Furnished Condition
The property is offered fully furnished and includes significant upgrades such as a 2016 Timberline roof with a 35-year warranty and on-demand hot water, providing a seamless move-in experience.
CONSRISKS & DEFICIENCIES
- Compact Interior Space
With four bedrooms configured within 1,456 square feet, the individual room sizes and common areas may feel constrained for buyers seeking a more spacious layout.
- Vintage Infrastructure
Originally built in 1961, the property may require ongoing maintenance or future modernization of older systems and structural elements typical of mid-century homes.
About 74174 Velardo
THE UNEXPECTED! Your own private oasis awaits in the heart of Palm Desert! This inviting 4-bedroom, 2-bathroom home offers privacy, space, character, and a wonderful opportunity to enjoy the Palm Desert lifestyle. A grand courtyard entrance welcomes you into a fully fenced setting designed for privacy and relaxation. The home offers a comfortable and versatile floor plan with plenty of space for everyday living and entertaining. The primary suite is privately positioned at the opposite end of the home and features its own separate entrance, offering flexibility for guests, a home office, extended family, or a private retreat. Additional features include a Timberline roof installed in April 2016 with a reported 35-year warranty, on-demand hot water, and established landscaping. The property is being offered fully furnished, providing a convenient opportunity for a buyer looking for a move-in-ready Palm Desert home, second residence, or getaway. Conveniently located near Palm Desert schools, public transportation, College of the Desert, Civic Park, and the shopping, dining, and entertainment of renowned El Paseo Drive. With its desirable location, private setting, flexible floor plan, and furnishings included, this Palm Desert property is ready for its next chapter!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,456 | 2,058.132 |
| Lot Size | 7,841 | 7,541.284 |
| Price | $650.0K | $629.6K |
| Price per sq ft | $446 | $309 |
| Built year | 1961 | 1997 |
| HOA | $0 | $398 |
| Days on market | 20 | 79 |
Pricing History
Listed for Sale
Oct 5, 2026
$650,000
Initial Listing
Sold
Jul 26, 2017
$290,000
Public Record
Sold
Jul 26, 2011
$174,000
Public Record
Sold
Apr 14, 2011
$90,000
Public Record