74450 Candlewood, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 3 bath
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Palm Desert, California 92260
This South Palm Desert Fixer-Upper is a high-potential asset listed at $579,000, currently positioned relative to a $479,762 Fair Market Value. Marketed for its exceptional upside, the property carries a Fixer Condition Rating and requires a comprehensive value-add renovation to reach its peak valuation. The Flexible Floor Plan includes two primary suites and a private guest entrance, complemented by stunning Mountain Views and a large lot with pool potential. Located near El Paseo and major festival grounds, it is an ideal acquisition for Fix-and-Flip Investors or Short-Term Rental Strategists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 74450 Candlewood Subject | $579,000* List Price | 3 | 3 | 1,695 | $308 | - |
A 74402 Candlewood Street Sold | $498,000 | 2 | 2 | 1,274 | $391 | 0.1 mi |
B 74450 Peppergrass Street Sold | $495,250 | 3 | 2 | 1,408 | $352 | 0.1 mi |
C 74360 Fairway Drive Sold | $586,500 | 3 | 2 | 1,508 | $389 | 0.2 mi |
D 45416 Panorama Drive Sold | $740,000 | 4 | 3 | 1,819 | $407 | 0.1 mi |
E 44734 San Jose Avenue Sold | $510,000 | 3 | 2 | 1,456 | $350 | 0.7 mi |
F 74127 Velardo Drive Sold | $489,000 | 3 | 2 | 1,456 | $336 | 0.9 mi |
G 74073 San Marino Circle Active | $565,000 List Price | 3 | 2 | 1,488 | $380 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1966 and explicitly marketed as a 'fixer' or 'flipper' opportunity, this property requires substantial rehabilitation and modernization. The listing description emphasizes 'upside potential' and the need to 'customize to your vision,' indicating that the kitchen, bathrooms, and major systems likely require significant repair or replacement to meet current living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1695.
Situated in highly desirable South Palm Desert near world-class golf and tennis resorts, this property offers significant short-term rental income potential due to its proximity to major music festivals and sporting events.
The floor plan includes two primary-style suites and a separate family room with a private entrance and bath, allowing it to easily function as a four-bedroom home or a private guest wing.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1695, other record living area = 1297.
Built in 1966 and marketed as a 'fixer,' the property likely requires a substantial capital investment to modernize the interior and address potential age-related maintenance issues.
The listing has undergone multiple price reductions since its initial debut, indicating that the market has been sensitive to its current condition relative to the original asking price.
Spacious South Palm Desert home offering exceptional upside potential. This 3-bedroom, 3-bath residence features a flexible floor plan with both a formal living room and a separate family/TV room that can easily function as a guest suite or potential 4th bedroom, complete with its own bath and private entrance. Multiple patios and a generous backyard provide ample space to add a pool or design a standout outdoor living and entertaining area. Two primary-style suites offer ensuite baths and private patios, enhancing privacy and rental flexibility. Situated in a desirable South Palm Desert location near renowned golf and tennis resorts, this property presents a rare opportunity to add value and customize to your vision. Ideal for first-time buyers, fixers, flippers, or income property investors. Additionally, the home also presents a fantastic opportunity for short-term rental income, with world-renowned music festivals and major sporting events within close proximity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,695 | 2,426 | 24% |
| Lot Size | 7,405 | 10,019 | 25% |
| Price | $579.0K | $965.2K | 14% |
| Price per sq ft | $342 | $423 | 23% |
| Built year | 1966 | 1979 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 143 | 181 | 36% |
Feb 7, 2026
$579,000
$599,000
-3% Price Drop
Initial Listing
Jan 27, 2026
$599,000
$620,000
-3% Price Drop
Initial Listing
Jan 15, 2026
$620,000
Initial Listing
Feb 27, 2023
$550,000
Public Record
Jan 3, 2001
$129,500
Public Record