
Palm Desert, California 92260
This Multi-Unit Desert Compound is a Strong Value Opportunity, listed at $1,485,000—positioned well below the $1,556,303 Fair Market Value by 4%. This valuation gap offers $71,303 in Instant Equity. Featuring a 3-bedroom main residence plus four permitted ADUs, this property boasts a Condition Rating of 3, offering immediate rental income potential of $6,600/month. With a private pool, spa, and mountain views, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 74431 De Anza Way Subject | $1,485,000* List Price | 8 | 7 | 5,100 | $305 | - |
A 44755 Deep Canyon Road Pending | $1,300,000 List Price | 7 | 7 | 4,162 | $312 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1973 but shows evidence of significant maintenance and mid-range renovations. Features updated travertine flooring, stainless steel appliances, and an owned solar system. While kitchen cabinetry and tile countertops are dated, the property is move-in ready, functional, and includes well-maintained outdoor living spaces and permitted ADUs.
With four fully permitted additional residences including ADUs and a guest house, the property offers a projected rental income of $6,600 per month, providing a significant hedge against mortgage costs.
The unique configuration of a main house plus four separate units on a single 0.41-acre lot is a rare find in Palm Desert, making it an ideal compound for multi-generational living or a private home office setup.
Located just minutes from the luxury shopping and dining of El Paseo, this property offers the freedom of no HOA restrictions while maintaining proximity to the Coachella Valley's premier amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5100, other record living area = 3013. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 4.
Built in 1973, the property and its multiple structures may require more intensive maintenance or updates to mechanical systems compared to newer residential developments.
Operating five distinct living units on one parcel entails higher management responsibility, including tenant oversight, utility coordination, and increased wear and tear on the grounds.
Welcome to your own private desert compound. Set on an expansive 0.41-acre lot with no HOA, 74431 De Anza Way offers something rarely found in the heart of Palm Desert--exceptional space, privacy, and unmatched versatility.The main residence is a beautifully maintained 2,700 sq. ft., 3-bedroom, 2-bath home featuring an attached two-car garage, private lap pool, in-ground spa, and built-in BBQ, creating the perfect setting for year-round indoor-outdoor desert living.What truly sets this property apart is everything beyond the main home. Four fully permitted additional residences--including a detached 2-bedroom, 1.5-bath guest house with its own owned solar system, two detached ADUs, and an attached casita--offer endless possibilities. Whether you envision space for extended family, a private home office, guest accommodations, or rental income, this property adapts to your lifestyle. The additional units offer projected rental income of up to $6,600 per month, providing an opportunity to significantly offset monthly housing costs.For multi-generational living, it's hard to imagine a better setup. Parents, adult children, grandparents, or long-term guests can each enjoy their own private living space and entrance while remaining close together. Few properties offer this level of independence without sacrificing the feeling of home.Located in the heart of Palm Desert, you're just minutes from the renowned shopping, dining, and entertainment of El Paseo, as well as the conveniences along Highway 111. Enjoy morning walks to coffee, evenings at award-winning restaurants, and some of the Coachella Valley's finest boutiques--all just moments away.Whether you're searching for your forever home, a private family compound, or a residence that offers the flexibility to generate supplemental income, 74431 De Anza Way presents a truly rare opportunity unlike anything else on the market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 3.0 |
| Baths | 7.0 | 3.0 |
| Square foot | 5,100 | 2,105.901 |
| Lot Size | 16,117 | 7,713.859 |
| Price | $1.49M | $640.1K |
| Price per sq ft | $291 | $315 |
| Built year | 1973 | 1996 |
| HOA | $0 | $398 |
| Days on market | 47 | 78 |
Jul 24, 2026
$1,485,000
Initial Listing