74860 Fairway Drive, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 3 bath
74860 Fairway Drive
Palm Desert, California 92260
Property Price
SUMMARY
Analysis of 74860 Fairway Drive, Palm Desert, California 92260 reveals a Prime Investment Opportunity with a current list price of $800,000—significantly undercutting the $873,557 Fair Market Value by 8%. This valuation gap indicates a +$73,557 Instant Equity potential for buyers. 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 |
|---|---|---|---|---|---|---|
★ 74860 Fairway Drive Subject | $800,000* List Price | 3 | 3 | 2,357 | $371 | - |
A 74582 Fairway Drive Sold | $867,000 | 3 | 3 | 1,987 | $436 | 0.3 mi |
B 44376 Hazel Canyon Lane Sold | $916,000 | 3 | 4 | 2,252 | $407 | 0.9 mi |
C 74372 Fairway Drive Sold | $604,000 | 3 | 3 | 1,480 | $408 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This 1964 mid-century modern home has undergone extensive recent renovations that meet the highest quality standards. Key high-value components are brand new or nearly new, including a roof installed in November 2025, a new HVAC system, a tankless water heater, and owned solar panels. The interior features premium modern finishes such as sleek European cabinetry, quartz countertops in the kitchen and all bathrooms, high-end appliances, and a mix of travertine and engineered wood flooring. The property is move-in ready with no deferred maintenance, effectively functioning as a recently renovated luxury residence.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 2357.
- Comprehensive Modern Upgrades
This 1964 mid-century gem features extensive high-value improvements, including owned solar, a brand-new roof (2025), new HVAC, and premium interior finishes like travertine and quartz.
- Versatile Casita & No HOA
The property includes a permitted 442 sq.ft. private-entry casita and sits on a lot with no HOA fees, offering rare flexibility for guest housing, a home office, or rental potential.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2357, other record living area = 1915.
- Auction Pricing Uncertainty
The 'Luxury Live Auction' format with a starting bid of $800,000 may deter traditional buyers who prefer conventional list-price negotiations and clear market valuations.
- Title Profile Discrepancy
A significant portion of the living space (the 442 sq.ft. casita) is not currently reflected on the title profile, which may present challenges during the appraisal or financing process.
About 74860 Fairway Drive
Luxury Live Auction! Bidding to start from $800,000! Buyers do not need to wait for auction date to submit and offer to stop auction. Loan or Cash. Welcome to 74860 Fairway Dr. Experience the pinnacle of desert living in this iconic South Palm Desert Mid-century modern masterpiece. You will arrive at your front door by way of your circular driveway, ideal for greeting your guests. Offering 2,357 square feet of sophisticated interior space, including many upgrades, this beautifully updated home features 3 bedrooms, 3 bathrooms, and a versatile floor plan that includes a private-entry casita ideal for guests or a home office. Architectural elegance defines the residence, showcasing travertine and engineered wood flooring, custom built-ins, sleek European cabinetry, quartz countertops in kitchen, primary bathroom and guest bathroom, and premium appliances in kitchen. The large primary suite offers a spa-inspired bath complete with a seamless walk-in shower and double vanities. Step outside to an expansive entertainer's backyard featuring stamped concrete, a saltwater Pebble Tec pool, a built-in BBQ station, covered patio and breathtaking south and west-facing mountain views perfect for enjoying the desert's iconic sunsets. Meticulously updated for comfort, efficiency, and peace of mind, this home includes OWNED solar, a brand-new roof (November 2025), new HVAC system, tankless water heater, Ring doorbell, and numerous additional upgrades. The garage includes a dedicated golf cart area with convenient charging access. Ideally located near the renowned El Paseo Shopping District, The Living Desert Zoo and Gardens, and world-class golf courses with NO HOA. This exceptional property seamlessly blends iconic 1964 charm with today's most sought-after modern amenities. Permitted Casita is additional 442 S.F., main house is 1,915 S.F. (assessor), total 2,357 S.F. not shown on title profile.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 10,019 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,357 | 2,309 | 52% |
| Lot Size | 10,019 | 10,019 | 50% |
| Price | $800.0K | $867.0K | 43% |
| Price per sq ft | $339 | $390 | 32% |
| Built year | 1964 | 1983 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 160 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$800,000
Initial Listing
Sold
May 13, 2022
$1,190,000
Public Record
Sold
Oct 21, 2002
$336,500
Public Record
Sold
May 4, 2001
$285,000
Public Record
Sold
Mar 6, 1997
$155,000
Public Record