
Palm Desert, California 92260
This property presents a High-Potential Investment Opportunity with a List Price of $695,000—positioned slightly above the $693,142 Fair Market Value. While the equity gap is minimal, the home’s Condition Rating of 4 and status as a cosmetic fixer offer significant upside through strategic renovations. Located in a prime school district near top-rated schools, this 4-bedroom, 4-bath home features a spacious layout and no HOA fees. It is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build long-term value through sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 74505 Daylily Circle Subject | $675,000* List Price | 4 | 4 | 2,745 | $246 | - |
A 74 Rocio Court Sold | $850,000 | 3 | 3 | 3,001 | $283 | 0.2 mi |
B 74629 Lavender Way Sold | $750,000 | 3 | 3 | 2,599 | $289 | 0.2 mi |
C 74609 Moss Rose Drive Sold | $739,900 | 3 | 3 | 2,705 | $274 | 0.2 mi |
D 74300 Velardo Drive Sold | $670,000 | 4 | 2 | 2,306 | $291 | 0.3 mi |
E 74616 Waterlily Circle Active | $759,000 List Price | 3 | 3 | 2,599 | $292 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005 (19 years old), the property is at the age threshold where systems and finishes become dated. The listing explicitly identifies it as a 'cosmetic fixer' and former rental needing work. Images show original 2000s-era kitchen and baths with granite tile counters and basic cabinetry that require updating and minor repairs.
The property is situated in a highly sought-after family neighborhood within walking distance to top-rated elementary, middle, and high schools, ensuring strong long-term demand.
Rare for the area, this home features no HOA fees and is positioned on a private corner lot within a quiet cul-de-sac, offering increased autonomy and privacy.
With 2,745 square feet, high ceilings, and four bedrooms—three of which feature private ensuite baths—the home offers an expansive and versatile floor plan ideal for families.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Previously used as a rental, the home requires cosmetic repairs and 'sweat equity,' necessitating additional immediate capital investment from the buyer.
Current tenant occupancy and the use of model photos instead of actual interior images create uncertainty regarding the specific extent of work required before a physical viewing.
INVESTORS DREAM ! Or buyer with 'sweat equity' Cosmetic Fixer. Great ARV. One of the highest sought after family locations in the valley, due to being adjacent and walking distance to the top schools: Elementary, Highschool, Middle NO HOA's. Corner unit open concept design , high ceiling expansive home . 4 Bedrooms , 4 Baths ( 3 bedrooms have their own private ensuite baths). 3 car garage ( 2 car spaces, 1 golf cart garage). Corner unit home on a quiet cul-de-sac. Private Backyard, ,block wall safe for pets and possible pool. Open island kitchen with sit up bar, opening to informal den with fireplace. Kitchen has amazing amount of cupboards. Granite tile counters, stainless steel appliances. Formal dining room open to great room , flanked by sliding doors ( feels like wall of glass). Covered outside lengthy patio. This home has been a rental home and will need cosmetic fixes. Perfect for home buyer open to improving over time, perfect for Flipper. Owner/builder is motivated to sell. Bring all offers. Call for detail list of potential improvements. Pictures are part of this home and other identical models built by owner. Buyer to view property for actual look. Tenants are in home and pictures cannot clearly show work needed yet. Tenants move out Sept 15. Showings can be booked thereafter. Call us today for more details !
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,745 | 2,105.901 |
| Lot Size | 7,841 | 7,713.859 |
| Price | $675.0K | $640.1K |
| Price per sq ft | $246 | $315 |
| Built year | 2005 | 1996 |
| HOA | $0 | $398 |
| Days on market | 11 | 78 |
Sep 7, 2026
$675,000
$695,000
-3% Price Drop
Initial Listing
Aug 29, 2026
$695,000
Initial Listing
Feb 11, 2004
$495,000
Public Record