86037 Palmeras Circle, Coachella, California 92236, Coachella, 92236 - 4 bed, 2 bath
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Coachella, California 92236
This property presents a Strong Value Opportunity with a List Price of $295,000—positioned well below the $315,760 Fair Market Value by 6%. This valuation gap offers $20,760 in Instant Equity. Featuring a Condition Rating of 4, the home is well-maintained but offers significant upside for cosmetic modernization. With Fee Simple Land Ownership and a large 7,841 sqft lot, this asset provides a stable foundation for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the Coachella market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 86037 Palmeras Circle Subject | $295,000* List Price | 4 | 2 | 1,536 | $206 | - |
A 52425 Las Palmas Pending | $240,000 List Price | 3 | 2 | 1,120 | $214 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1989 (35 years old) and appears to have original interior finishes, including oak cabinetry, laminate countertops, and popcorn ceilings. While the listing and photos confirm it is very clean and well-maintained, the kitchen and bathrooms are significantly dated and exceed the 20-year threshold, requiring modern updates to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1536.
Unlike many manufactured homes in the region, this property includes ownership of the lot, which significantly enhances financing options and long-term investment security.
Priced at $295,000 for a 4-bedroom, 2-bath residence, this home offers a highly competitive entry-level price point for the Coachella Valley market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The local school district performance is a concern, with the assigned middle school holding a 1/10 rating, which may deter families prioritizing education.
As a 1989 manufactured home, it may face more restrictive lending criteria and typically experiences slower appreciation compared to traditional stick-built homes.
Four bedroom, Two baths, manufactured home on Permanent Fouindation, AND you OWN the LAND! Beautiful Home, Great Location, Exceptional Value, Motivated Seller ready to Make a Deal! Don;t wait! This opportunity WON'T LAST LONG! Act fast and schedule your showing today before this Fourth of July promotion ends. Once the holiday is over, this special offer may no longer be available. Contact us now for details or to arrange a private tour. Hurry-homes at this value don't stay on the market long!
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,536 | 1,966.5 |
| Lot Size | 7,841 | 6,458 |
| Price | $295.0K | $472.4K |
| Price per sq ft | $192 | $288 |
| Built year | 1989 | 2005 |
| HOA | $100.0 | $440 |
| Days on market | 26 | 59 |
Jun 26, 2026
$295,000
Initial Listing
Aug 12, 1996
$70,000
Public Record