332 S Sierra Madre, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath

332 S Sierra Madre, Palm Desert, California 92260 home-pic-0
ACTIVE$599,000
332 S Sierra Madre, Palm Desert, California 92260
2Beds
2Baths
1,303Sqft
1,150Lot
Year Built
1979
Close
-
List price
$599K
Original List price
$639K
Price/Sqft
$460
HOA
$761
Days on market
-
Sold On
-
MLS number
219136385DA
Home ConditionExcellent
Features
Good View: Golf Course, Lake
Patio
ViewGolf Course,Lake

About this home

We found 3 Cons,5 Pros. Rank: price - $599.0K(68th), sqft - 1303(27th), beds - 2(50th), baths - 2(50th).

Experience resort-style living in this beautifully updated 2-bedroom, 2-bath condo located in the heart of Palm Desert's Monterey Country Club--a premier golf course community offering short-term rental (STR) eligibility, 27 holes of championship golf, tennis, pickleball, and over 35 pools and spas. Situated along a lush, private greenbelt, this 1,303 sq ft single-level home combines comfort, investment potential, and a highly walkable location near El Paseo, shopping, dining, and seasonal events.The open-concept floor plan features vaulted ceilings, abundant natural light, and modern finishes throughout. The living room opens to an expansive patio through wide sliding glass doors, creating seamless indoor-outdoor living ideal for entertaining or relaxing. The kitchen is outfitted with updated appliances, generous cabinetry, and ample counter space, making it fully functional for everyday living or accommodating vacation guests.The spacious primary suite offers direct patio access, an en-suite bath with double vanity, and excellent closet storage. A secondary bedroom is thoughtfully positioned for privacy and flexibility--perfect for hosting visitors, remote work, or creating a hobby room. Both bathrooms include modern fixtures, clean lines, and a neutral color palette designed to appeal to today's buyers and renters.Outside, enjoy a peaceful patio setting with greenbelt views and mature desert landscaping, ideal for morning coffee or unwinding after a day of golf or hiking. An attached garage offers convenience, while the home's location within the community puts it just steps from pools, spas, and recreational amenities.Monterey Country Club's rare STR-friendly policy makes this property a standout opportunity for investors seeking vacation rental income in Palm Desert, especially during peak season. With low-maintenance living, strong rental demand, and a central location near Palm Desert attractions, 332 Sierra Madre South is perfectly suited for a primary residence, seasonal getaway, or income-producing vacation home.

Nearby schools

8/10
James Earl Carter Elementary School
Public,K-50.4mi
6/10
Abraham Lincoln Elementary School
Public,K-51.1mi
7/10
Palm Desert High School
Public,9-121.6mi

Price History

Date
Event
Price
11/19/25
Price Change
$599,000-3.2%
11/07/25
Price Change
$619,000-3.1%
10/06/25
Listing
$639,000
Condition Rating
Excellent

Despite being built in 1979, this property has undergone an extensive and very recent renovation, likely within the last 5 years. The kitchen features new white shaker cabinets, modern gold hardware, light countertops, and updated stainless steel appliances. Both bathrooms are completely modernized with floating vanities, contemporary fixtures, and tiled showers with glass enclosures. New, consistent plank flooring runs throughout the home, complemented by modern light fixtures and fresh paint. All visible components appear virtually new and meet current quality standards, making it move-in ready with no deferred maintenance.
Pros & Cons

Pros

STR Eligibility & Investment Potential: Rare short-term rental (STR) friendly policy makes this property a standout opportunity for investors seeking vacation rental income in Palm Desert.
Resort-Style Community Amenities: Located in a premier golf course community offering 27 holes of championship golf, tennis, pickleball, and over 35 pools and spas.
Prime Walkable Location: Highly walkable location near El Paseo, shopping, dining, and seasonal events, central to Palm Desert attractions.
Updated Interior & Modern Finishes: Beautifully updated with modern finishes, vaulted ceilings, abundant natural light, and updated kitchen appliances and bathroom fixtures.
Golf Course & Greenbelt Views: Situated along a lush, private greenbelt with peaceful patio views, and the community offers golf course and lake views.

Cons

High Association Fee: The monthly association fee of $761.0 is substantial and impacts overall ownership costs and potential rental income profitability.
Property Age: Built in 1979, the property and community infrastructure are older, which could lead to potential future maintenance concerns or special assessments despite recent updates.
Recent Price Reductions: Multiple price reductions from the original list price may indicate initial overpricing or a slower market, potentially affecting perceived value or future appreciation.

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