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

78883 Waterford Lane, Palm Desert, California 92211 home-pic-0

78883 Waterford Lane

Palm Desert, California 92211

ACTIVE UNDER CONTRACT
CONDITION: GOOD
2Beds
0Baths
1,283Sq Ft
5,227Lot Size

Property Price

LIST PRICE$379,000
EST. MARKET VALUE
$399,000
5% BelowMARKET VALUE

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

$399,000 +$20,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
78883 Waterford Lane
Subject
$379,000*
List Price
21,283$311-
A
38767 Burgundy
Sold
$425,000221,238$3430.2 mi
B
78209 Yucca Blossom Drive
Sold
$361,000221,176$3070.8 mi
C
78441 Desert Willow Drive
Sold
$395,000221,157$3410.6 mi
D
78560 Crystal Falls Road
Sold
$475,000221,304$3640.7 mi
E
78698 Rockwell Circle
Sold
$412,500221,172$3520.7 mi
F
78394 Winsford Circle
Sold
$405,000221,128$3590.7 mi
G
78871 Edgebrook Lane
Active
$490,000
List Price
221,283$3820.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

6/10

Dwight Eisenhower Elementary School

Grades K-5 • 5.4 mi

/10

Desert Ridge Academy

Grades 6-8 • 0.8 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
40%
Baths-2.0
1%
Square foot1,2831,930
12%
Lot Size5,2276,534
21%
Price$379.0K$557.9K
5%
Price per sq ft$295$312
41%
Built year19942000
27%
HOA$398.0$396
50%
Days on market30164
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

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