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74225 Candlewood Street, Palm Desert, California 92260, Palm Desert, 92260 - 4 bed, 3 bath

74225 Candlewood Street, Palm Desert, California 92260 home-pic-0
ACTIVE$925,000$2,288/sqft
Est. Value: $983,837
6%
BelowEstimate
74225 Candlewood Street, Palm Desert, California 92260
4Beds
3Baths
2,288Sqft
6,098Lot

Price Vs. Estimate

The estimated value ($983,836.525) is $58,836.525 (6%) higher than the list price ($925,000). This property may be underpriced.

Key pros and cons

Top Pros:
Prime El Paseo Location: Exceptional walkability to prestigious El Paseo's dining, shopping, and entertainment, offering a highly desirable lifestyle and strong rental appeal.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$925.0K vs avg $829.0K (+$96,000)55%
Size:2,288 sqft vs avg 2,298.5 sqft50%
Price/sqft:$404 vs avg $37357%

More Insights

Built in 1964 (62 years old).
Condition: Despite being built in 1964, this property has undergone extensive, high-end renovations, with over $130,000 in upgrades since May 2025 (assuming a typo and meaning recent past). The description explicitly states 'all new bathrooms and kitchen' and 'fully curated interiors.' The images confirm a virtually new and modern aesthetic throughout, featuring contemporary kitchen cabinetry, stainless steel appliances, marble-look backsplashes, and stylish light fixtures. All bathrooms are completely updated with modern vanities, fixtures, and tiling. The flooring is a consistent, new herringbone pattern. The property is presented as 'finished to perfection' and 'move-in ready,' aligning with the 'Excellent' criteria for a property extensively renovated within the last 5 years, with all components being new or virtually new.
Year Built
1964
Close
-
List price
$925K
Original List price
$985K
Price/Sqft
$404
HOA
-
Days on market
-
Sold On
-
MLS number
219139851PS
Home ConditionExcellent
Features
Good View:
Pool
Patio
View-

About this home

Luxury, income potential, LOCATION and finished to perfection PLUS walking-distance to all the restaurants, shopping and entertainment of prestigious El Paseo! This spacious 2,288 sq foot pool residence reflects curated materials, elevated style, and designer-level craftsmanship. Seller has made upgrades to the property valued at over $130,000 since May 2025. Step outside to your private oasis featuring a sparkling pool, stylish outdoor lounge area, room for your dogs, a newly refinished high-end epoxy driveway, and an impressive $45K custom sliding gate system that elevates both security and curb appeal. A spacious attached (and permitted) casita with private entrance accommodates your guests in comfort or generates income. Quality and pride of ownership are exhibited throughout--from all new bathrooms and kitchen to the fully curated interiors by owner and renowned interior designer. Benefit from low energy costs with 32 leased solar panels with a monthly payment of $252. Everything is complete, polished, and move-in ready. The current owner has a city short-term rental permit, and the casita has a proven rental history. This bespoke property is truly one-of-a-kind at this price point.

D
Darryl Keene
Listing Agent

Price History

Date
Event
Price
05/23/25
Sold
$775,000
12/13/21
Sold
$615,000
07/14/20
Sold
$400,000
07/15/19
Sold
$510,000
11/30/16
Sold
$427,500
Condition Rating
Excellent
Despite being built in 1964, this property has undergone extensive, high-end renovations, with over $130,000 in upgrades since May 2025 (assuming a typo and meaning recent past). The description explicitly states 'all new bathrooms and kitchen' and 'fully curated interiors.' The images confirm a virtually new and modern aesthetic throughout, featuring contemporary kitchen cabinetry, stainless steel appliances, marble-look backsplashes, and stylish light fixtures. All bathrooms are completely updated with modern vanities, fixtures, and tiling. The flooring is a consistent, new herringbone pattern. The property is presented as 'finished to perfection' and 'move-in ready,' aligning with the 'Excellent' criteria for a property extensively renovated within the last 5 years, with all components being new or virtually new.
Pros & Cons

Pros

Prime El Paseo Location: Exceptional walkability to prestigious El Paseo's dining, shopping, and entertainment, offering a highly desirable lifestyle and strong rental appeal.
Significant Income Generation: Features a permitted casita with a private entrance and a proven short-term rental history, supported by a city permit, providing substantial income potential.
Extensive High-End Renovations: Over $130,000 in recent upgrades, including new bathrooms, kitchen, and designer-curated interiors, ensuring a luxurious and move-in ready condition.
Private Outdoor Oasis & Security: Boasts a sparkling pool, stylish outdoor lounge, dog-friendly space, a newly refinished epoxy driveway, and a $45K custom sliding gate system enhancing both curb appeal and security.
Energy Efficient with Solar: Equipped with 32 leased solar panels, significantly reducing energy costs and promoting sustainable living.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Recently Sold Property: The property was recently sold within the past year on 2025-05-23. The sold price is $775,000.00.
Leased Solar Panel Obligation: While beneficial for energy costs, the solar panels are leased, incurring a fixed monthly payment of $252, which is an ongoing financial commitment rather than an owned asset.
Original Construction Year: Built in 1964, the property's core structure is older, which, despite extensive modern renovations, may still carry potential for age-related maintenance concerns or higher insurance costs compared to newer constructions.
Recent Price Adjustment: The property has seen a recent price reduction from its original listing, which could suggest initial overpricing or a need to attract more buyer interest in the current market.
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