
Palm Desert, California 92260
This Condominium represents a Strong Value Opportunity, listed at $325,000—positioned above the $302,115 Fair Market Value. While the price reflects a premium, the property offers a Condition Rating of 4, featuring a functional layout with vaulted ceilings and stainless steel appliances. Located within walking distance of Palm Desert High School, this unit provides a stable lifestyle for residents. With its end-unit privacy and community amenities, this property is an ideal acquisition for first-time buyers or owner-occupants seeking a well-maintained, move-in ready home in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 74800 Sheryl Avenue 1-4 Subject | $325,000* List Price | 2 | 2 | 817 | $370 | - |
A 74800 Sheryl Avenue 11-1 Active | $359,000 List Price | 3 | 2 | 960 | $374 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the property falls into the dated category. While the description notes newer stainless appliances, the visual evidence shows original 1990s-style oak cabinetry, a dated fluorescent light box in the kitchen, and older carpeting. It is functional and move-in ready but requires cosmetic updates to bathrooms and the kitchen to meet modern standards.
As a single-story end unit elevated above street level, this property offers superior privacy and convenience with two assigned parking spaces located directly in front of the entrance.
The interior boasts vaulted ceilings that enhance the sense of space, along with a large kitchen featuring practically new stainless steel appliances and updated primary suite amenities.
The property is ideally located within walking distance (0.3 miles) of Palm Desert High School and near James Earl Carter Elementary, both of which carry high academic ratings.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1200, other record lot size in square feet = 841.
At just 817 square feet for a two-bedroom, two-bathroom configuration, the interior footprint is relatively small, which may limit furniture options and storage.
The $425 monthly association fee represents a significant recurring cost relative to the purchase price, which could impact the overall affordability for budget-conscious buyers.
Very Desirable location in the community. This End unit, single story, has a small front patio, elevated above street level with two parking assigned spaces directly in front of the unit. There are multiple guest parking spaces near by. Vaulted ceilings add to the open environment of the living room, dinning room area. Kitchen is large for this size unit with practically new appliances, all stainless. The primary bedroom, suite is large with north facing window, walk in shower and large closet. The second bedroom has a direct access to hallway full bath and a walk-in closet. Two community swimming pools, a spa with changing rooms and a central mail box station. Welcome to a friendly well maintained community.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 817 | 1,548 |
| Lot Size | 1,200 | 2,178 |
| Price | $325.0K | $473.9K |
| Price per sq ft | $398 | $321 |
| Built year | 1990 | 1983 |
| HOA | $425.0 | $800 |
| Days on market | 14 | 69 |
Jul 8, 2026
$325,000
Initial Listing