77739 Cape Verde Drive, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 3 bath
77739 Cape Verde Drive
Palm Desert, California 92211
Property Price
SUMMARY
Analysis of 77739 Cape Verde Drive, Palm Desert, California 92211 reveals a Fairly Priced Property with a current list price of $549,000 aligned with the estimated $549,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 77739 Cape Verde Drive Subject | $549,000* List Price | 3 | 3 | 2,062 | $266 | - |
A 76937 California Drive Sold | $500,000 | 3 | 2 | 1,975 | $253 | 0.8 mi |
B 76809 New York Avenue Sold | $594,000 | 4 | 3 | 1,974 | $301 | 1.0 mi |
C 76797 California Drive Sold | $560,000 | 2 | 3 | 1,925 | $291 | 0.9 mi |
D 43685 Warner Trail Sold | $480,000 | 3 | 2 | 1,538 | $312 | 0.3 mi |
E 77145 Minnesota Avenue Sold | $440,000 | 3 | 3 | 1,570 | $280 | 0.9 mi |
F 76835 Oklahoma Avenue Sold | $494,000 | 3 | 2 | 1,550 | $319 | 1.0 mi |
G 77730 Missouri Drive Active | $550,000 List Price | 2 | 3 | 1,916 | $287 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1988, the property is over 30 years old. While it features newer carpeting and wood laminate flooring, the kitchen and bathrooms, though clean and functional, show outdated styles with traditional wood cabinets, white appliances, and dated light fixtures. These areas would benefit from minor updates to meet current aesthetic preferences, aligning with the 'fair' condition criteria of being aged but maintained, with functional but outdated major components.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Views
Situated on a corner lot in a highly desirable area, one block from the I.W. Tennis Garden, with peek-a-boo Santa Rosa Mountain views from the backyard.
- Private Pool & Spa
Features a private pool and spa in a lushly landscaped backyard, offering an ideal setting for relaxation and entertainment.
- Extensive Community Amenities
Access to gated Desert Breezes Resort amenities including a clubhouse, fully equipped gym, tennis, pickleball, and basketball courts, all included in the HOA fee.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7405, other record lot size in square feet = 6534.
- High Monthly HOA Fee
The $435 monthly HOA fee, while covering amenities and some exterior maintenance, represents a substantial ongoing expense for homeowners.
- Property Age & Potential for Deferred Maintenance
Built in 1988, the property is over three decades old. While some updates are noted, other major systems or components may be original or nearing end-of-life, potentially requiring future investment.
About 77739 Cape Verde Drive
Lovely 3 bedroom, 2 1/2 bath, pool/spa home, situated on a corner lot, in one of the best locations in Palm Desert, one block from I.W. Tennis Garden. Lushly landscaped backyard features pool/spa, and peek-a-boo views of the Santa Rosa Mountains. Spacious living room w/ fireplace, vaulted ceiling, with patio and pool views. Large Master bedroom, vaulted ceiling, large double sink vanity and plenty of cabinets, step-in shower, large walk in closet, Third bedroom has been converted to office (w/built-ins) plus, a built-in Murphy bed for extra guests. Newer carpeting and wood laminate flooring throughout. Spacious kitchen w/large, butcher block top island, oversize pantry w/ pull-outs and adjacent morning room plus, an adjacent formal dining room. Separate laundry room. Two-car attached garage, built-in cabinets and direct access. Shutters throughout. Gated, Desert Breezes Resort features a club house with fully equipped gym, tennis, pickleball and basketball courts. No additional membership required, included in HOA fee. Monthly HOA also includes front yard maintenance and irrigation. Plus, weekly trash pickup.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $435.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Gerald R. Ford Elementary School
Grades K-5 • 0.5 mi
Colonel Mitchell Paige Middle School
Grades 6-8 • 0.4 mi
Palm Desert High School
Grades 9-12 • 2.8 mi
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 | 2.0 | 53% |
| Square foot | 2,062 | 1,931 | 59% |
| Lot Size | 7,405 | 6,534 | 62% |
| Price | $549.0K | $557.9K | 49% |
| Price per sq ft | $266 | $312 | 22% |
| Built year | 1988 | 2000 | 16% |
| HOA | $435.0 | $396 | 83% |
| Days on market | 98 | 164 | 18% |
Pricing History
Listed for Sale
Mar 1, 2026
$549,000
$599,000
-8% Price Drop
Initial Listing
Price Change
Nov 29, 2025
$599,000
Initial Listing
Sold
Sep 21, 2020
$391,500
Public Record
Sold
Mar 30, 2011
$315,000
Public Record
Sold
Mar 19, 2004
$317,000
Public Record
Sold
Jul 1, 2003
$290,000
Public Record