78383 Sterling Lane, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath
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Palm Desert, California 92211
This St. Croix Single Family Residence is a Strong Value Opportunity, listed at $539,000—positioned well below the $542,800 Fair Market Value by 0.7%. This valuation gap offers $3,800 in Instant Equity. Featuring a 2022 TRANE AC and Solar Power, the home maintains a Fair Condition Rating with original finishes ready for cosmetic updates. With a large 7,405 sqft lot and versatile den/3rd bedroom, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential property in Palm Desert.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 78383 Sterling Lane Subject | $539,000* List Price | 2 | 2 | 2,032 | $267 | - |
A 78108 Foxbrook Lane Sold | $580,000 | 3 | 3 | 2,029 | $286 | 0.5 mi |
B 38104 Sunny Days Drive Sold | $650,000 | 3 | 3 | 2,029 | $320 | 0.5 mi |
C 78214 Grape Arbor Avenue Sold | $495,000 | 2 | 2 | 2,102 | $235 | 0.8 mi |
D 78257 Bonanza Drive Sold | $669,000 | 3 | 3 | 2,029 | $330 | 0.6 mi |
E 78985 Lavender Circle Sold | $385,000 | 2 | 2 | 1,616 | $238 | 0.6 mi |
F 39262 Gainsborough Circle Sold | $675,000 | 3 | 3 | 2,432 | $278 | 0.3 mi |
G 78335 Sterling Lane Active | $505,000 List Price | 2 | 2 | 2,032 | $249 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1998 (26 years old) and retains its original kitchen and bathroom finishes, including oak cabinetry and Corian counters, which are functional but dated. While the HVAC system is excellent (replaced in 2022), the overall interior aesthetic and age of the primary systems/surfaces fall into the 'Fair' category requiring cosmetic updates.
The property features a solar power system and a recently installed TRANE AC unit (2022), offering significant utility savings and reliability in the desert climate.
The spacious 2,032 sqft St. Croix floor plan includes a versatile den/office with a closet that can easily function as a third bedroom, providing excellent utility for guests.
Boasting a large 7,405 sqft lot with a serene rock waterfall and gated courtyard, there is ample room to add a private pool or jacuzzi for enhanced entertaining.
The 1998 construction includes original Corian countertops and glass block accents, which may feel dated to buyers seeking a contemporary aesthetic.
The $398 monthly association fee represents a significant recurring expense that may impact the overall affordability for budget-conscious buyers.
This very popular SOLAR St. Croix home with gated front courtyard has lovely curb appeal. TRANE brand AC is 2022! Large eat-in kitchen with Corian Counters, center island, double oven, gas cook top, microwave, plenty of cabinets and built-in desk. Walk into a large living and dining area with plenty of room for entertaining. Turning to the right is a cozy den + office or bonus room with full closet which could be used as a 3rd bedroom. Extra spacious primary suite with large window facing a serene private backyard. Large primary bathroom with glass block natural light above the tub. Large walk-in closet. Guest bedroom with full bath next to it. Separate laundry room, golf cart garage, plenty of storage area. Backyard features a barbecue and a serene rock waterfall with plenty of room to put in a pool or jacuzzi. This is a large backyad which and perfect space for entertaining family & friends who visit you in wonderful Sun City!
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 5.7 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 38% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 2,032 | 1,991.5 | 52% |
| Lot Size | 7,405 | 6,534 | 62% |
| Price | $539.0K | $579.5K | 40% |
| Price per sq ft | $265 | $308 | 18% |
| Built year | 1998 | 1999 | 47% |
| HOA | $398.0 | $398 | 50% |
| Days on market | 13 | 155 | 0% |
May 24, 2026
$539,000
Initial Listing
Mar 12, 2021
$423,000
Public Record
Jul 22, 1998
$218,500
Public Record