78804 Platinum Drive, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 2 bath
78804 Platinum Drive
Palm Desert, California 92211
Property Price
SUMMARY
Analysis of 78804 Platinum Drive, Palm Desert, California 92211 reveals a Prime Investment Opportunity with a current list price of $399,000—significantly undercutting the $412,411 Fair Market Value by 3%. This valuation gap indicates a +$13,411 Instant Equity potential for buyers. 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 |
|---|---|---|---|---|---|---|
★ 78804 Platinum Drive Subject | $399,000* List Price | 2 | 2 | 1,622 | $254 | - |
A 38650 Orangecrest Road Sold | $455,000 | 2 | 2 | 1,647 | $276 | 0.2 mi |
B 78954 78954 Nectarine Sold | $375,000 | 3 | 2 | 1,664 | $225 | 0.2 mi |
C 38608 Bent Palm Drive Sold | $485,000 | 2 | 2 | 1,576 | $308 | 0.2 mi |
D 78302 Silver Sage Drive Sold | $390,000 | 2 | 2 | 1,647 | $237 | 0.8 mi |
E 78976 Apricot Lane Sold | $405,000 | 3 | 2 | 1,664 | $243 | 0.3 mi |
F 38707 Burgundy Lane Sold | $449,000 | 2 | 2 | 1,660 | $270 | 0.2 mi |
G 38781 Brandywine Avenue Active | $375,000 List Price | 2 | 2 | 1,475 | $254 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1998, this property is well-maintained and move-in ready but retains its original finishes from 26 years ago. The kitchen features dated white appliances, raised-panel cabinetry, and Corian countertops, while the overall aesthetic reflects the late 90s construction without significant modern renovations. It meets the 'fair' criteria as a functional, aged home that shows signs of being outdated and requires cosmetic updates to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Popular Open Floor Plan
The Morocco great room layout features 10-foot ceilings and transom windows, creating a bright, airy, and modern living space that feels larger than its square footage.
- Enhanced Outdoor Living
A north-facing rear yard with an extended patio and a gated front courtyard provide multiple private spaces for relaxation while offering peekaboo mountain views.
- Custom Storage Solutions
Extensive custom built-ins in the great room, den, and guest bedroom, along with a walk-in closet organizer, maximize functionality and add premium value.
CONSRISKS & DEFICIENCIES
- Dated Interior Finishes
With original Corian countertops and 1990s-style cabinetry, the home requires cosmetic modernization to meet current luxury market standards.
- Inconsistent Flooring
The transition from tile to alternative flooring in the guest bedroom disrupts the visual flow and may necessitate a full flooring upgrade for a seamless aesthetic.
- Modified Garage Utility
The current workspace configuration restricts traditional golf cart parking, which may require removal and additional expense to restore full garage functionality for active residents.
About 78804 Platinum Drive
Sun City Palm Desert - Morocco. This popular great room floor plan offers exceptional potential and is attractively priced to allow you to update and personalize to your taste. The spacious north-facing rear yard features an extended patio, low-maintenance desert landscaping, and peekaboo mountain views--ideal for relaxed desert living. A gated front courtyard with patio adds both curb appeal and everyday functionality. Inside, 10-foot ceilings and transom windows create a light, open atmosphere. Tile flooring extends throughout the home except for the guest bedroom. The kitchen is equipped with Corian countertops, raised-panel cabinetry, and a chef's island, and flows seamlessly into the great room. Custom built-ins enhance the great room, den/office, and guest bedroom, adding style and storage. Double doors lead to the primary suite, featuring a bay window and a spacious walk-in closet with built-in organizers. The primary bath includes dual sinks and a glass-enclosed stall shower, while the guest bathroom offers a tub/shower combination. The two-car garage includes an enclosed, air-conditioned workspace that can easily be removed to restore golf cart parking if desired.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $398.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Ronald Reagan Elementary School
Grades K-5 • 1.5 mi
Dwight Eisenhower Elementary School
Grades K-5 • 5.3 mi
Desert Ridge Academy
Grades 6-8 • 0.9 mi
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 | 1,622 | 1,930 | 30% |
| Lot Size | 5,663 | 6,534 | 29% |
| Price | $399.0K | $557.9K | 9% |
| Price per sq ft | $246 | $312 | 12% |
| Built year | 1998 | 2000 | 42% |
| HOA | $398.0 | $396 | 50% |
| Days on market | 29 | 164 | 1% |
Pricing History
Listed for Sale
Feb 28, 2026
$399,000
$429,000
-7% Price Drop
Initial Listing
Price Change
Feb 6, 2026
$429,000
Initial Listing
Sold
Oct 31, 2005
$415,000
Public Record
Sold
Mar 16, 1998
$194,500
Public Record