74186 Storke Drive, Palm Desert, California 92211, Palm Desert, 92211 - 5 bed, 5 bath
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Palm Desert, California 92211
This brand-new 2024 residence is a Prime Investment Opportunity, listed at $724,366—positioned well below the $753,264 Fair Market Value by 3%. This valuation gap provides $28,898 in Instant Equity for buyers. Boasting an Excellent Condition Rating, the home features a rare 5-bedroom, 5-bathroom layout with premium Samsung appliances and seamless indoor-outdoor integration via a covered patio with Mountain Views. Located in the walkable University Park community, it offers modern energy efficiency and lifestyle luxury. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors looking for a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 74186 Storke Drive Subject | $724,366* List Price | 5 | 5 | 2,731 | $278 | - |
A 74231 Becker Street Sold | $624,460 | 5 | 5 | 2,328 | $268 | 0.1 mi |
B 74255 Becker Street Sold | $645,219 | 5 | 5 | 2,328 | $277 | 0.1 mi |
C 35779 Lasuen Street Sold | $925,000 | 4 | 4 | 2,925 | $316 | 0.2 mi |
D 74260 Dexter Street Sold | $654,900 | 4 | 3 | 2,189 | $299 | 0.1 mi |
E 75306 Buckley Drive Sold | $600,000 | 4 | 3 | 2,335 | $257 | 0.4 mi |
F 36145 Cameron Place Sold | $854,100 | 5 | 3 | 2,805 | $304 | 0.4 mi |
G 74236 Dexter Street Active | $699,900 List Price | 5 | 5 | 2,465 | $284 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a brand-new 2024 construction, meeting the highest standards for the 'excellent' category. It features a modern open-concept design with a kitchen island, new Samsung appliances, and contemporary finishes throughout. All structural components, electrical systems, and HVAC are new with zero deferred maintenance or physical depreciation.
Built in 2024, this residence offers the latest in modern design, energy efficiency, and contemporary finishes, ensuring a move-in-ready experience with minimal maintenance.
The rare 5-bedroom, 5-bathroom configuration provides maximum privacy and convenience for large families or multi-generational living, a high-demand feature for this square footage.
The open-concept great room flows seamlessly into a 144-square-foot covered outdoor living space with mountain views, perfectly suited for the Palm Desert lifestyle.
With a lot size of 4,787 square feet for a 2,731-square-foot home, the outdoor yard space is relatively compact, which may limit options for extensive landscaping or a large private pool.
The property has seen multiple price reductions since its initial listing in February 2026, which could suggest a challenging market position or a need for aggressive pricing to attract buyers.
This expansive 5-bedroom, 5-bathroom residence features a well-designed layout and ample square footage, creating a comfortable and functional living environment. The home includes an open-concept great room, complete with kitchen island and Samsung appliances, that connects with the outdoors via a 144 square foot covered outdoor living space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 97% |
| Baths | 5.0 | 2.0 | 95% |
| Square foot | 2,731 | 1,942 | 85% |
| Lot Size | 4,787 | 6,534 | 10% |
| Price | $724.4K | $575.0K | 74% |
| Price per sq ft | $265 | $312 | 17% |
| Built year | 2024 | 1999 | 92% |
| HOA | $164.0 | $398 | 22% |
| Days on market | 78 | 160 | 12% |
Feb 20, 2026
$724,366
$729,366
-1% Price Drop
Initial Listing
Feb 12, 2026
$729,366
$749,366
-3% Price Drop
Initial Listing
Feb 7, 2026
$749,366
$773,366
-3% Price Drop
Initial Listing
Feb 4, 2026
$773,366
Initial Listing