74450 Millennia Way, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath
74450 Millennia Way
Palm Desert, California 92211
Property Price
SUMMARY
Analysis of 74450 Millennia Way, Palm Desert, California 92211 reveals a Fairly Priced Property with a current list price of $545,000 aligned with the estimated $559,500 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Desert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 74450 Millennia Way Subject | $545,000* List Price | 2 | 2 | 1,652 | $339 | - |
A 73606 Raphael Drive Sold | $615,878 | 3 | 2 | 1,750 | $352 | 0.3 mi |
B 74341 Millennia Way Sold | $580,000 | 2 | 2 | 1,652 | $351 | 0.2 mi |
C 73623 Raphael Drive Sold | $611,050 | 3 | 2 | 1,750 | $349 | 0.3 mi |
D 73750 Julie Lane Sold | $532,655 | 2 | 2 | 1,366 | $390 | 0.9 mi |
E 35536 Bains Avenue Sold | $575,000 | 3 | 3 | 1,705 | $337 | 0.8 mi |
F 73770 Julie Lane Sold | $531,250 | 2 | 2 | 1,324 | $401 | 0.8 mi |
G 74358 Millennia Way Active | $579,000 List Price | 2 | 2 | 1,652 | $350 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2017, this property is virtually new. The kitchen features modern white shaker cabinets, stainless steel appliances, quartz countertops, and a stylish backsplash. Bathrooms boast contemporary vanities, an oversized walk-in shower in the primary suite, and modern fixtures. Flooring is a mix of clean tile and well-maintained carpet. All components are current, high-quality, and show no signs of wear or deferred maintenance, aligning perfectly with 'Excellent' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Design & Features
Built in 2017 by award-winning GHA, this home boasts a crisp, clean, and user-friendly Plan 1 with a bright, airy, and open floor plan, generous kitchen with island, stainless steel appliances, soaring ceilings, and a soothing neutral palette.
- Exceptional Community Amenities & Low HOA
The low HOA includes a community gate, front yard maintenance, community pool/spa, fitness center, tranquil walking trails, a dog park, and Direct TV + Internet, providing a comprehensive, resort-like lifestyle.
- Versatile Living & Investment Opportunity
The property presents a 'Triple Option of Opportunity' as a primary residence, a vacation getaway, or a fantastic rental property, appealing to a wide range of potential buyers and investment strategies.
CONSRISKS & DEFICIENCIES
- Leased Solar System Assumption
The buyer(s) will need to assume the existing leased solar system, which entails a recurring monthly payment and a contractual obligation.
- Limited Dedicated Bedrooms
While offering a bonus room convertible to a 3rd bedroom, the property is initially configured with 2 bedrooms, which might be a consideration for buyers specifically seeking three dedicated bedrooms.
- Entry-Level Offering in Community
Marketed as 'The Most AFFORDABLE Option in Genesis,' this may imply it's a smaller unit or has fewer premium upgrades compared to other homes within the same modern community, potentially affecting its relative long-term value appreciation.
About 74450 Millennia Way
The Most AFFORDABLE Option in Genesis - A Modern Community Built by Local Award-Winning GHA. This Crisp and Clean Plan 1 Boasts 2BR's + Bonus Room (which could be converted to a 3rd bedroom) on a Desirable Corner Lot. The User-Friendly Floor Plan Delivers a Functional Flow and has the Everything Today's Buyers Covet; BRIGHT, AIRY and OPEN w/an Abundance of Natural Light. You'll Appreciate the Generous Kitchen w/Island that Flows into the Great Room, Stainless Steel Appliances, Innovative Backsplash, Soaring Ceilings and a Soothing Neutral Palate of Colors Throughout. The Great Room Flows Seamlessly to the Outdoors, Complete with A Firepit, Conversation Area and Peek-a-Boo Mountain Views all with Zero-Maintenance Landscaping. Bedrooms are Adequately Spaced for Privacy and the Primary Suite features an Oversized walk-in Shower, Dual Vanities and a Walk-in Closet. Truly a Triple Option of Opportunity; a Primary Residence, a Vacation Getaway -or- a Fantastic Rental Opportunity that could be Ready for Revenue! Leased Solar System for Energy Efficiencies will need to be Assumed by Buyer(s). Low HOA includes Community Gate, Front Yard Maintenance, Community Pool/Spa, Fitness Center, Tranquil Walking Trails, Dog Park and Direct TV + Internet. BONUS: Centrally Located, Close to Restaurants, Shopping, Schools, Golfing, Acrisure Arena and I-10, which Makes Traversing the Entire Valley a Cinch!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2017
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $320.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Rancho Mirage Elementary School
Grades K-5 • 4.6 mi
Nellie N. Coffman Middle School
Grades 6-8 • 4.8 mi
Rancho Mirage High
Grades 9-12 • 4.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,652 | 1,930 | 32% |
| Lot Size | 4,792 | 6,534 | 15% |
| Price | $545.0K | $557.9K | 48% |
| Price per sq ft | $330 | $312 | 62% |
| Built year | 2017 | 2000 | 83% |
| HOA | $320.0 | $394 | 38% |
| Days on market | 58 | 164 | 8% |
Pricing History
Listed for Sale
Jan 14, 2026
$545,000
$559,500
-3% Price Drop
Initial Listing
Price Change
Jan 8, 2026
$559,500
Initial Listing
Sold
Jun 28, 2017
$398,000
Public Record