77247 Olympic, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath
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Palm Desert, California 92211
This Turnkey Lakefront Resort Condominium is listed at $369,000, representing a stable and fair valuation at its $369,000 Fair Market Value. Boasting a Mint Condition Rating following a comprehensive modern remodel, the residence features stone countertops, custom cabinetry, and is delivered turnkey furnished for immediate use. Residents enjoy a premium lifestyle with panoramic lake and mountain views and access to resort amenities including pickleball and 20 pools. Located within the Desert Sands Unified district near Top-Rated Schools like Gerald R. Ford Elementary, this move-in-ready sanctuary is the ideal match for Seasonal Residents or Owner-Occupants seeking a sophisticated desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 77247 Olympic Subject | $369,000* List Price | 2 | 2 | 1,177 | $314 | - |
A 77207 Preston Trail Sold | $375,000 | 2 | 2 | 1,177 | $319 | 0.1 mi |
B 41390 Kansas Sold | $450,000 | 2 | 2 | 1,245 | $361 | 0.5 mi |
C 40165 Baltusrol Circle Sold | $380,000 | 2 | 2 | 1,177 | $323 | 0.2 mi |
D 41650 Kansas Sold | $390,000 | 2 | 2 | 1,091 | $357 | 0.7 mi |
E 40649 Inverness Way Sold | $387,000 | 2 | 2 | 1,294 | $299 | 0.2 mi |
F 41457 Woodhaven Drive E Sold | $465,000 | 2 | 3 | 1,404 | $331 | 0.8 mi |
G 77225 Preston Trail Active | $474,999 List Price | 2 | 2 | 1,177 | $404 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1981, the property has undergone a comprehensive modern remodel within the last 5 years. It features a fully updated kitchen with new stone countertops, custom cabinetry, and a contemporary backsplash, along with renovated bathrooms and updated tile flooring throughout. The home is in mint, move-in-ready condition with high-end finishes.
The property boasts a highly desirable southwest-facing orientation with panoramic lake and mountain views, offering premium natural light and exceptional desert sunsets.
Extensively updated with contemporary finishes, custom cabinetry, and stone countertops, the home is offered turnkey furnished, providing a seamless move-in or rental-ready experience.
Located in a short-term rental friendly community with resort-style amenities including pickleball, tennis, and a clubhouse, offering high potential for both personal use and investment income.
The monthly association fee of $845 is substantial for a two-bedroom condo, which may deter budget-conscious buyers or impact net yields for investors.
The current list price of $369,000 is significantly lower than the 2022 sale price of $400,000, suggesting a recent decline in equity or a challenging local market segment.
Welcome to 77247 Olympic Way, an exceptional lakefront retreat located behind the gates of Palm Desert Resort Country Club. Perfectly positioned with a sought-after southwest-facing orientation, this beautifully remodeled Vintage floor plan home captures breathtaking views of the lake, surrounding mountains, and unforgettable desert sunsets. The serene water setting is the perfect backdrop for relaxing on the patio and entertaining. Inside, the home has been thoughtfully updated with modern finishes throughout. Highlights include new stone countertops, sleek contemporary light fixtures, custom cabinetry in both the kitchen and bathrooms, updated tile flooring, and stunning custom tile work in the kitchen and bath areas. The barn-style shower doors add a touch of character while maintaining a clean, modern aesthetic. The furnishings are tastefully curated with a modern design, offering a move-in-ready opportunity. This property will be delivered turnkey furnished. Step outside to a spacious patio overlooking the lake — the perfect space for morning coffee, sunset cocktails, or hosting friends while enjoying panoramic mountain and water views. Residents of Palm Desert Resort Country Club enjoy resort-style amenities including pickleball, tennis, bocce ball, a clubhouse, café, pro shop, and a dog play area. The community also allows short-term rentals, offering excellent flexibility for full-time living, seasonal use, or investment potential. Ideally located just minutes from Acrisure Arena and the fine dining and upscale shopping of El Paseo, this home delivers the perfect blend of luxury, location, and lifestyle. Experience desert living at its finest.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 2.1 mi
Grades 6-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,177 | 1,580.5 | 13% |
| Lot Size | - | 2,613.5 | 21% |
| Price | $369.0K | $470.0K | 17% |
| Price per sq ft | $314 | $318 | 48% |
| Built year | 1981 | 1987 | 3% |
| HOA | $845.0 | $845 | 50% |
| Days on market | 64 | 162 | 8% |
Apr 19, 2026
$369,000
$399,000
-8% Price Drop
Initial Listing
Feb 18, 2026
$399,000
Initial Listing
Mar 16, 2022
$400,000
Public Record