74616 Waterlily Circle, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 3 bath
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74616 Waterlily Circle
Palm Desert, California 92260
ACTIVE
CONDITION: FAIR
3Beds
3Baths
2,599Sq Ft
8,712Lot Size
Property Price
LIST PRICE$759,000
EST. MARKET VALUE
$760,481
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $769,000—positioned slightly above the $757,228 Fair Market Value. While the price reflects current market stability, the property offers significant lifestyle appeal with a private pool, waterfall spa, and mountain views. Featuring a Fair Condition Rating, the home provides a spacious 2,599 sqft layout with a dedicated den, perfect for remote work. Located near top-rated Palm Desert schools, this property is an ideal acquisition for Owner-Occupants or growing families seeking a well-maintained, no-HOA desert sanctuary.
Estimated Market Value
$760,481
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 |
|---|---|---|---|---|---|---|
★ 74616 Waterlily Circle Subject | $759,000* List Price | 3 | 3 | 2,599 | $293 | - |
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 | 0.1 mi |
C 44300 Indian Canyon Lane Sold | $925,000 | 4 | 3 | 2,716 | $341 | 0.5 mi |
D 74609 Moss Rose Drive Sold | $739,900 | 3 | 3 | 2,705 | $274 | 0.1 mi |
E 74300 Velardo Drive Sold | $670,000 | 4 | 2 | 2,306 | $291 | 0.4 mi |
F 44476 Hazel Canyon Lane Active | $849,000 List Price | 4 | 4 | 2,620 | $324 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2000, this 24-year-old home falls into the 'Fair' category as it is over 20 years old and remains largely dated. While meticulously maintained with some cosmetic refreshes like painted cabinetry and updated bathroom faucets, the kitchen retains older black appliances and original tile work. The property is functional and move-in ready but requires modern updates to the kitchen and baths to move out of the dated classification.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & No HOA
Situated in the desirable Canyon Crest neighborhood, this property offers the rare benefit of no HOA fees while being within walking distance to top-rated Palm Desert schools.
- Private Outdoor Oasis
The backyard is perfectly designed for desert living, featuring a private pool with a waterfall spa, a covered patio, and scenic mountain views on a meticulously landscaped lot.
- Spacious & Versatile Floor Plan
With nearly 2,600 sqft of living space, the home includes a split-bedroom layout for privacy, a dedicated den for remote work, and an expansive kitchen with a large center island.
CONSRISKS & DEFICIENCIES
- Long-term Solar Obligation
The property includes a solar system with a fixed monthly payment of $212.43 until 2036, which represents a significant long-term financial commitment for the buyer.
- Potential for Modernization
Built in 2000, the home may require cosmetic updates to its original finishes to align with the aesthetic preferences of modern luxury buyers in the Palm Desert market.
About 74616 Waterlily Circle
Canyon Crest is a quiet, hidden neighborhood located off Deep Canyon and Fred Waring, conveniently close to all Palm Desert schools. This home features no HOA fees and reflects significant pride of ownership, from the decorative driveway pavers to the meticulously landscaped front yard and mature shade tree. Inside, an expansive living, family, and dining area offers versatile layout options, complemented by a large center-island kitchen with abundant storage and counter space. The central living area overlooks the pool, waterfall spa, grassy yard, and covered patio. A private den near the entryway includes built-ins and street views, perfect for a quiet workspace. The primary suite is situated for privacy at the opposite end of the home from the guest rooms and second bath. It features a large walk-in closet, direct slider access to the spa, and an adjacent half-bath. The home also includes a generous two-car garage with direct access and an adjacent laundry area. A solar system, under contract at $212.43 through June 2036, provides significant relief during summer heat.At $292 a square foot - this is the bargain!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Abraham Lincoln Elementary School
Grades K-5 • 0.6 mi
6/10
Palm Desert High School
Grades 9-12 • 0.2 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,599 | 2,105.901 |
| Lot Size | 8,712 | 7,713.859 |
| Price | $759.0K | $640.1K |
| Price per sq ft | $292 | $315 |
| Built year | 2000 | 1996 |
| HOA | $0 | $398 |
| Days on market | 71 | 78 |
Pricing History
Listed for Sale
Jul 17, 2026
$759,000
$769,000
-1% Price Drop
Initial Listing
Price Change
Jun 30, 2026
$769,000
Initial Listing
Sold
Sep 22, 2000
$233,000
Public Record