78783 Fortuna Place, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath
78783 Fortuna Place
Palm Desert, California 92211
Property Price
SUMMARY
Analysis of 78783 Fortuna Place, Palm Desert, California 92211 reveals a Fairly Priced Property with a current list price of $475,000 aligned with the estimated $475,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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 |
|---|---|---|---|---|---|---|
★ 78783 Fortuna Place Subject | $475,000* List Price | 2 | 2 | 1,732 | $274 | - |
A 78880 Amare Way Sold | $500,000 | 2 | 3 | 1,592 | $314 | 0.1 mi |
B 78772 Amare Way Sold | $455,000 | 2 | 3 | 1,592 | $286 | 0.1 mi |
C 78643 Palm Tree Avenue Sold | $549,000 | 2 | 2 | 1,578 | $348 | 0.4 mi |
D 78855 Fortuna Place Sold | $460,000 | 3 | 2 | 1,732 | $266 | 0.1 mi |
E 78854 Ballare Parkway Sold | $534,500 | 3 | 2 | 1,865 | $287 | 0.1 mi |
F 78832 Amare Way Sold | $505,000 | 3 | 3 | 1,862 | $271 | 0.1 mi |
G 39912 Felicita Parkway Active | $583,000 List Price | 2 | 2 | 1,732 | $337 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2022, making it virtually new. The description and images confirm a contemporary design with high ceilings, light porcelain tile floors, and immaculate white cabinetry and countertops throughout. The gourmet kitchen features upgraded Whirlpool stainless appliances, and both bathrooms are modern with new fixtures and finishes. All components are new or virtually new, with no deferred maintenance, perfectly aligning with 'Excellent' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction & Modern Design
Built in 2022, this home features an innovative and contemporary design with high ceilings, an open floor plan, light porcelain tile floors, and immaculate white cabinetry and countertops throughout, offering a move-in ready modern aesthetic.
- Gourmet Kitchen & Upgrades
The property boasts a gourmet kitchen with spacious countertops, upgraded Whirlpool stainless appliances, an island with bar seating, and a pantry, ideal for cooking and entertaining.
- Extensive Community Amenities
Located in the Domani community, residents have access to a clubhouse, pool, spa, fitness center, pickleball, and bocce court, providing a resort-like lifestyle.
CONSRISKS & DEFICIENCIES
- Ongoing HOA Fees
The property is subject to a monthly association fee of $220.0, which adds to the recurring cost of homeownership.
- Multiple Price Reductions
The listing has undergone several price reductions from an original list price of $545,000 down to $475,000, which may indicate a slower market response or initial overpricing.
- Modest Lot Size
With a lot size of 4792 sqft, the private outdoor space may be considered modest for a single-family residence in Palm Desert, potentially limiting extensive landscaping or additional outdoor features.
About 78783 Fortuna Place
Innovative and Contemporary, this Comfortable Modern Design Features High Ceilings, Open Floor Plan, Light Porcelain Tile Floors, and Immaculate White Cabinetry and Countertops throughout. Gourmet Kitchen with Spacious Countertops, Upgraded Whirlpool Stainless Appliances, Island with Bar Seating and Pantry. Primary Bedroom with En-Suite Bath and Luxurious Oversized Walk-In Closet. Secondary Guest Room Privately Located away from Primary. This Popular Silver Creek Plan also features a Generous Sized Office which could easily be made into a Third Bedroom. Surround Sound and Motorized Shades in Great Room. Glass Sliders Open Great Room/Dining/Kitchen to Covered Patio--Perfect for Indoor Outdoor Entertaining with Family and Friends. Professionally Designed Backyard Landscape with Lighting and Irrigation. Owned Solar Panels. So many upgrades and Move-in Ready! Seize the Day and get into the Fun that this Community has to offer! Community Club House, Pool, Spa, Fitness, Pickle Ball and Bocce Court! Furnishings Negotiable outside of Escrow.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2022
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $220.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,732 | 1,930 | 38% |
| Lot Size | 4,792 | 6,534 | 15% |
| Price | $475.0K | $557.9K | 27% |
| Price per sq ft | $274 | $312 | 25% |
| Built year | 2022 | 2000 | 87% |
| HOA | $220.0 | $394 | 32% |
| Days on market | 176 | 165 | 56% |
Pricing History
Listed for Sale
Nov 25, 2025
$475,000
$510,000
-7% Price Drop
Initial Listing
Price Change
Oct 6, 2025
$510,000
$545,000
-6% Price Drop
Initial Listing
Price Change
Sep 12, 2025
$545,000
Initial Listing