74401 Peppergrass, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath
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74401 Peppergrass
Palm Desert, California 92260
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,152Sq Ft
7,841Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$438,177
8% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $475,000—positioned well above the $434,260 Fair Market Value by 9%. While the property requires a comprehensive renovation due to its Condition Rating of 5, the 7,841 sq. ft. lot and private pool provide a solid foundation for value-add projects. This asset is ideal for Fix-and-Flip Investors or Contractors capable of modernizing the vintage 1957 floor plan to capture the demand for updated desert retreats.
Estimated Market Value
$438,177
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 |
|---|---|---|---|---|---|---|
★ 74401 Peppergrass Subject 2 bd · 2 ba · 1,152 sqft · $380 | $475,000* List Price | 2 | 2 | 1,152 | $380 | - |
A 74073 San Marino Circle Active 3 bd · 2 ba · 1,488 sqft · $380 · 0.6 mi | $565,000 List Price | 3 | 2 | 1,488 | $380 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1957, this property requires a comprehensive rehab. Interior images show significant wear and deferred maintenance, including heavily stained flooring, damaged walls, exposed framing around windows, and an unfinished OSB ceiling. The listing description explicitly notes it is priced for its condition and framed as a renovation project.
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 = 1152.
- Private Pool & Outdoor Living
The property features a private backyard pool, offering the quintessential Palm Desert lifestyle for relaxation and entertaining in a secluded setting.
- Prime Location & Views
Situated in the desirable South Palm Desert area, the home boasts mountain and city light views while providing convenient access to local dining and shopping.
CONSRISKS & DEFICIENCIES
- Dated Condition
Built in 1957, the home retains vintage finishes that may require modern updates or a full renovation to meet contemporary buyer expectations.
- Limited Living Space
With only 1,152 square feet of living area, the compact footprint may feel restrictive for those seeking spacious interiors or open-concept layouts.
About 74401 Peppergrass
Single-Story Desert Oasis in Palm Desert Welcome to this charming 2-bedroom, 2-bathroom pool home in the heart of Palm Desert. Offered at a price that reflects its current condition, this property is a wonderful opportunity for those who appreciate its nostalgic character and vintage-inspired finishes—or envision transforming it into a personalized desert retreat. Move in and enjoy it as-is, or bring your imagination and customize the home to suit your style and vision. Outside, the private backyard pool creates the perfect setting for relaxing, entertaining, and enjoying the quintessential Palm Desert lifestyle. Conveniently located close to local shopping, churches, dining, and entertainment, this home offers both comfort and opportunity in a desirable Palm Desert location. Whether you're looking for a move-in-ready getaway or your next renovation project, this Desert Oasis is ready for its next owner.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | 2.0 | 3.0 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,152 | 2,058.132 |
| Lot Size | 7,841 | 7,541.284 |
| Price | $475.0K | $629.6K |
| Price per sq ft | $412 | $309 |
| Built year | 1957 | 1997 |
| HOA | $0 | $398 |
| Days on market | 40 | 79 |
Pricing History
Listed for Sale
Sep 15, 2026
$475,000
Initial Listing