78883 Waterford Lane, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, bath

78883 Waterford Lane
Palm Desert, California 92211
Property Price
SUMMARY
Analysis of 78883 Waterford Lane, Palm Desert, California 92211 reveals a Prime Investment Opportunity with a current list price of $379,000—significantly undercutting the $399,000 Fair Market Value by 5%. This valuation gap indicates a +$20,000 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 78883 Waterford Lane Subject | $379,000* List Price | 2 | 1,283 | $311 | - | |
A 38767 Burgundy Sold | $425,000 | 2 | 2 | 1,238 | $343 | 0.2 mi |
B 78209 Yucca Blossom Drive Sold | $361,000 | 2 | 2 | 1,176 | $307 | 0.8 mi |
C 78441 Desert Willow Drive Sold | $395,000 | 2 | 2 | 1,157 | $341 | 0.6 mi |
D 78560 Crystal Falls Road Sold | $475,000 | 2 | 2 | 1,304 | $364 | 0.7 mi |
E 78698 Rockwell Circle Sold | $412,500 | 2 | 2 | 1,172 | $352 | 0.7 mi |
F 78394 Winsford Circle Sold | $405,000 | 2 | 2 | 1,128 | $359 | 0.7 mi |
G 78871 Edgebrook Lane Active | $490,000 List Price | 2 | 2 | 1,283 | $382 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1994, the property has undergone extensive high-end renovations including ebony marble flooring, Caesarstone kitchen countertops, and a fully upgraded guest bathroom with marble wall finishes. The home is move-in ready with modern features like a custom wet bar and a functional home office conversion, though the 30-year age and garage-located laundry prevent an 'excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Interior Upgrades
The home features high-end finishes including ebony marble flooring, Caesarstone countertops, and a custom wet bar, offering a luxury aesthetic that exceeds standard community models.
- Versatile Living Spaces
A thoughtful conversion of the laundry room into a functional home office, combined with a split-bedroom floor plan, provides excellent utility and privacy for modern lifestyle needs.
- Enhanced Outdoor Living
The property boasts exceptional curb appeal and a private backyard retreat featuring an extended patio cover, flagstone surfacing, and low-maintenance desert landscaping perfect for entertaining.
CONSRISKS & DEFICIENCIES
- Garage-Located Laundry
The relocation of the washer and dryer to the garage may be a drawback for buyers who prioritize the convenience and climate control of an indoor laundry room.
- Compact Square Footage
At 1,283 square feet, the home is relatively small for the price point, which may limit its appeal to buyers seeking more expansive living areas or larger secondary bedrooms.
About 78883 Waterford Lane
Spectacular Sun City Palm Desert home ideally located and enhanced with numerous custom upgrades. Exceptional curb appeal welcomes you with a paved driveway and stacked-stone accents. Step inside to an open, inviting living space featuring a built-in wet bar with beverage refrigerator, elegant ebony marble flooring, and French door that opens to a serene backyard retreat.The kitchen offers Caesarstone countertops, a breakfast bar, see-through pantry, convenient pass-through to the living room, and a sun-filled dining alcove surrounded by windows. A sliding glass door provides easy access to the outdoor living areas.Enjoy desert living at its best on the spacious patio with extended cover, flagstone, and low-maintenance landscaping. The private primary suite features charming French doors that look onto the walled rear yard. The ensuite bath includes a dual-sink vanity, tub/shower combination, and a custom walk-in closet.The guest bedroom is positioned on the opposite side of the home for maximum privacy. The highly upgraded guest bath showcases marble wall finishes, a step-in bath and shower, and custom vanity with upgraded fixtures.Additional highlights include custom flooring throughout, ceiling fans, and upgraded closets. The former laundry room has been converted into a functional office with built-in desk and cabinetry, while the washer and dryer have been relocated to the garage. The two-car garage is complete with attractive built-in storage cabinetry, a quiet garage motor, and coded entry.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1994
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- -
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 • 1.7 mi
Dwight Eisenhower Elementary School
Grades K-5 • 5.4 mi
Desert Ridge Academy
Grades 6-8 • 0.8 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 | 1% |
| Square foot | 1,283 | 1,930 | 12% |
| Lot Size | 5,227 | 6,534 | 21% |
| Price | $379.0K | $557.9K | 5% |
| Price per sq ft | $295 | $312 | 41% |
| Built year | 1994 | 2000 | 27% |
| HOA | $398.0 | $396 | 50% |
| Days on market | 30 | 164 | 1% |
Pricing History
Listed for Sale
Feb 21, 2026
$379,000
$399,000
-5% Price Drop
Initial Listing
Price Change
Feb 5, 2026
$399,000
Initial Listing





























