74300 Velardo Drive, Palm Desert, California 92260, Palm Desert, 92260 - 4 bed, 2 bath

74300 Velardo Drive, Palm Desert, California 92260 home-pic-0
ACTIVE$699,900
74300 Velardo Drive, Palm Desert, California 92260
4Beds
2Baths
2,306Sqft
10,019Lot

Price Vs. Estimate

The estimated value ($698,634.625) is $1,265.375 (0%) lower than the list price ($699,900). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 10019, living area = 2306.
Top Cons:
Property Age: Built in 1964, while upgraded, the underlying structure and potentially some original systems may be older, which could lead to future maintenance considerations not explicitly addressed.

Compared to the nearby listings

Price:$699.9K vs avg $822.5K ($-122,600)40%
Size:2,306 sqft vs avg 2,165.5 sqft53%
Price/sqft:$304 vs avg $37115%

More Insights

Built in 1964 (61 years old).
Condition: Built in 1964, this property has undergone thoughtful updates over the years. While both bathrooms feature newly remodeled showers and solar panels provide modern energy efficiency, the kitchen appears to have been updated approximately 15-20 years ago, showcasing an older style of wood cabinetry and appliances. The tile flooring throughout is functional but contributes to an overall aesthetic that, while well-maintained, shows signs of being outdated in key areas. It's a well-cared-for home with recent bathroom upgrades, but not a full, extensive renovation that would qualify it as 'Good' given its age.
Year Built
1964
Close
-
List price
$700K
Original List price
$740K
Price/Sqft
$304
HOA
-
Days on market
-
Sold On
-
MLS number
CV25195047
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Pool
Spa
Patio
ViewMountain(s), Neighborhood

About this home

You aren’t interested in this home because it checks all the boxes. Yes, it's perfectly priced with four bedrooms, two bathrooms, solar panels, and a three-car garage finished with storage that could make anyone envious. But that’s not why you’re drawn to it. You’re interested because this home feels like an embrace—warm, textured, and rooted in something deeper than square footage or features. Step inside and the Spanish charm immediately sets the tone. Tile floors cool beneath your feet, archways framing spaces where life naturally unfolds. The dining room is wide and soaring, with plantation shutters that filter the light just so, as if reminding you to slow down and notice the details. Every corner whispers of care, of thoughtful upgrades layered year after year by owners who loved this place enough to nurture it. The primary suite isn’t just a bedroom—it’s a retreat. A walk-in closet with a custom organization system stands ready for the life you’re already envisioning. Both bathrooms gleam with newly remodeled showers, spaces that feel modern yet timeless, a balance struck perfectly. But it’s when you slide open one of the many doors to the backyard that you understand. This isn’t just property; it’s possibility. The sparkling pool and spa invite both laughter and quiet reflection. The covered patio begs for long summer dinners and morning coffee rituals. The landscaping, smart and water-efficient, frames it all without demanding too much of your time—leaving you free to live. This home is a rare mix: old-world Spanish character blended seamlessly with modern convenience and energy efficiency. A house that doesn’t just stand still—it gives back, with solar panels quietly working in the background, lowering bills and lessening your footprint. You don’t come here for the noise of the world. You come here to create your own. To gather. To rest. To celebrate. This is more than a house in Palm Desert. This is a retreat, a sanctuary, and perhaps, the next chapter of your story.

Condition Rating
Fair

Built in 1964, this property has undergone thoughtful updates over the years. While both bathrooms feature newly remodeled showers and solar panels provide modern energy efficiency, the kitchen appears to have been updated approximately 15-20 years ago, showcasing an older style of wood cabinetry and appliances. The tile flooring throughout is functional but contributes to an overall aesthetic that, while well-maintained, shows signs of being outdated in key areas. It's a well-cared-for home with recent bathroom upgrades, but not a full, extensive renovation that would qualify it as 'Good' given its age.
Pros & Cons

Pros

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 = 10019, living area = 2306.
Unique Spanish Character: The property boasts a distinct old-world Spanish charm with tile floors, archways, and thoughtful design elements, offering a unique aesthetic appeal.
Modernized Interiors: Key areas like both bathrooms have been newly remodeled, and the primary suite features a custom organized walk-in closet, indicating significant recent upgrades for modern comfort.
Energy Efficiency: Equipped with solar panels, the home offers reduced utility costs and a smaller environmental footprint, a highly desirable feature for today's buyers.
Private Outdoor Oasis: The backyard features a sparkling pool and spa, a covered patio, and smart, water-efficient landscaping, creating an ideal space for relaxation and entertaining.
Spacious Three-Car Garage: A three-car garage with ample storage provides significant practical utility, offering space for vehicles, hobbies, and additional belongings.

Cons

Property Age: Built in 1964, while upgraded, the underlying structure and potentially some original systems may be older, which could lead to future maintenance considerations not explicitly addressed.
Unspecified Cooling System: Given Palm Desert's climate, the description does not explicitly mention a central air conditioning system, which is a crucial amenity and potential concern for buyers.
Multiple Price Reductions: The property has undergone several price reductions since its initial listing, which might suggest a perceived overvaluation or challenges in attracting buyers at previous price points.

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