
Palm Desert, California 92260
This property presents a High-Potential Investment Opportunity with a List Price of $589,000—positioned well above the $509,535 Fair Market Value by -15%. While the current list price exceeds the estimated value, the 10,454 sqft lot, in-ground pool, and mountain views provide a strong foundation for value-add renovations. With a Condition Rating of 4, the home requires significant modernization to reach its full potential. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants focused on long-term appreciation in a prime Palm Desert location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 74361 Erin Street Subject | $589,000* List Price | 4 | 2 | 1,300 | $392 | - |
A 74127 Velardo Drive Sold | $489,000 | 3 | 2 | 1,456 | $336 | 0.2 mi |
B 42570 Stephani Circle Sold | $415,000 | 3 | 2 | 1,232 | $337 | 0.6 mi |
C 43880 Primrose Sold | $442,000 | 3 | 2 | 1,353 | $327 | 0.2 mi |
D 44734 San Jose Avenue Sold | $510,000 | 3 | 2 | 1,456 | $350 | 0.7 mi |
E 43255 Silktree Lane Sold | $620,000 | 3 | 2 | 1,618 | $383 | 0.2 mi |
F 74402 Candlewood Street Sold | $498,000 | 2 | 2 | 1,274 | $391 | 0.9 mi |
G 43260 Silktree Lane Active Under Contract | $625,000 List Price | 4 | 2 | 1,492 | $419 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this property is over 50 years old but has received some mid-life updates including wood-look flooring and stainless steel appliances. While functional and move-in ready, the listing's call for someone to 'bring it fully to life' and the dated appearance of the kitchen and sunroom suggest it needs significant cosmetic modernization and likely system overhauls to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1300.
Situated in the heart of Palm Desert, this property offers exceptional walkability to Palm Desert High School and is minutes away from the luxury shopping and dining of El Paseo.
The expansive 10,454 sqft lot features an in-ground pool, mountain views, and a large sunroom, providing a strong foundation for a premium desert lifestyle.
The property is noted as needing someone to 'bring it fully to life,' suggesting that significant cosmetic or structural updates are required to modernize the 1971 original condition.
With four bedrooms configured within only 1,300 square feet, the individual room sizes and common living areas may feel cramped compared to modern residential standards.
Situated in the heart of Palm Desert, this 4-bedroom, 2-bath single-story pool home puts you within walking distance of Palm Desert High School, minutes from El Paseo, the Shops at Palm Desert, dining, golf, and everything this city has to offer. Location is the headline here -- and it delivers.The home itself has good bones and honest character. Vaulted ceilings and wood floors give the living room an open, airy feel anchored by a fireplace that makes the space feel grounded. The layout flows naturally from living to dining to kitchen -- white cabinetry, ample storage, stainless dishwasher and gas range. Nothing pretentious, just functional and ready for your vision.The sunroom bonus room is a genuine surprise -- a large enclosed space with slider to the backyard and pool views that blurs the line between inside and out. It's the kind of room that becomes whatever you need it to be.The primary bedroom offers private slider access to the backyard, a dual sink vanity, and a walk-in shower. Three additional bedrooms share a full hall bath -- a floor plan that gives everyone their own space.Out back, the in-ground pool is the anchor -- surrounded by a pergola-covered patio, a grassy area, and side yard space that makes the property feel larger than its footprint. Mountain views frame the backdrop, giving the outdoor space a sense of openness that's hard to put a price on. A leased solar system keeps energy costs in check year-round.This is a home that needs someone ready to bring it fully to life. The location will reward every dollar you put into it.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 1,300 | 2,426 | 5% |
| Lot Size | 10,454 | 10,236.5 | 50% |
| Price | $589.0K | $965.2K | 15% |
| Price per sq ft | $453 | $425 | 54% |
| Built year | 1971 | 1979 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 181 | 1% |
May 27, 2026
$589,000
Initial Listing
Jun 22, 2009
$219,000
Public Record