346 Crest Lake Drive, Palm Desert, California 92211, Palm Desert, 92211 - 4 bed, 5 bath

346 Crest Lake Drive, Palm Desert, California 92211 home-pic-0
ACTIVE$1,495,000
346 Crest Lake Drive, Palm Desert, California 92211
4Beds
5Baths
5,003Sqft
14,810Lot
Year Built
1991
Close
-
List price
$1.5M
Original List price
$1.59M
Price/Sqft
$299
HOA
$310
Days on market
-
Sold On
-
MLS number
219131185DA
Home ConditionFair
Features
Excellent View: Desert, Park/Greenbelt, Golf Course, Mountain(s), Panoramic, Pool, Trees/Woods
Pool
Spa
Patio
ViewDesert,Park/Greenbelt,Golf Course,Mountain(s),Panoramic,Pool,Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 13% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.50M(97th), sqft - 5003(100th), beds - 4(84th), baths - 5(97th).

Welcome to a one-of-a-kind estate nestled in the prestigious Desert Falls Estates in Palm Desert. This custom-built home is strategically positioned on the golf course and features breathtaking panoramic mountain views. Built in 1991, this meticulously maintained residence boasts 4 spacious bedrooms, 5 luxurious bathrooms, and 5,003 square feet of architectural charm and luxury. From the grand fountain courtyard entryway to the vibrant interior spaces, every detail has been meticulously crafted with vaulted and coffered ceilings, rich architectural details, and custom-built-ins. The home features multiple living areas, each with its own fireplace, and the custom wet bar is perfect for entertaining or relaxing in style. The gourmet kitchen boasts a large island, a gas cooktop, ample cabinetry, and a sunny breakfast nook that opens to the backyard patio. The spacious primary suite is a private retreat complete with a cozy fireplace, golf course views, a spacious walk-in closet, and a spa-like bathroom featuring dual vanities, a jetted soaking tub, an oversized walk-in shower, and a cedar-lined sauna. Each guest bedroom is generously sized and well-appointed, providing comfort and privacy for family or visitors. Step outside to your private backyard oasis, where an infinity-edge pool and spa overlook the lush fairway with a striking panoramic mountain views. The large covered patio offers multiple areas for lounging, dining, and entertaining. A four-car garage is perfect for car collectors, golf cart storage, or accommodating guests with ease. Located behind the gates of Desert Falls Country Club, residents enjoy access to golf, tennis, pickleball, and a full-service clubhouse. Whether you're hosting a lively celebration or enjoying a peaceful morning with coffee and panoramic views, this home offers an unmatched lifestyle in one of Palm Desert's most desirable golf course communities.

Nearby schools

8/10
James Earl Carter Elementary School
Public,K-51.7mi
7/10
Palm Desert High School
Public,9-122.2mi

Price History

Date
Event
Price
08/02/25
$1,495,000
06/11/25
$1,595,000
Condition Rating
Fair

Built in 1991, this property is meticulously maintained and appears to be in good functional condition. However, the interior, especially the kitchen and bathrooms, retains its original 1990s aesthetic with light wood cabinetry, older countertops, dated tile, and brass/gold-tone fixtures. While clean and functional, these areas show significant signs of being outdated and would require substantial cosmetic updates to meet current buyer preferences. The property fits the 'Fair' criteria as it was built over 20 years ago and has not undergone major renovations in the last 15-30 years, showing its age through its style and finishes.
Pros & Cons

Pros

Exceptional Views & Golf Course Location: Strategically positioned on the golf course, the property offers breathtaking panoramic mountain views from multiple vantage points, including the infinity-edge pool and primary suite.
Luxurious & Custom Design: A one-of-a-kind, custom-built estate spanning 5,003 sqft, featuring architectural charm, vaulted/coffered ceilings, rich details, custom built-ins, and multiple fireplaces.
Gourmet Kitchen & Spa-like Primary Suite: Boasts a well-appointed gourmet kitchen with a large island and a private primary suite offering golf course views, a spacious walk-in closet, and a luxurious spa bathroom with a jetted tub and cedar-lined sauna.
Extensive Entertainment & Outdoor Living: Features a custom wet bar, multiple living areas, a private backyard oasis with an infinity-edge pool/spa, and a large covered patio ideal for entertaining.
Premium Community Amenities & Practicality: Located within the gated Desert Falls Country Club, offering access to golf, tennis, pickleball, a full-service clubhouse, and includes a spacious four-car garage.

Cons

Property Age & Potential System Updates: Built in 1991, the home is over 30 years old, which may imply older major systems (HVAC, plumbing, electrical) that could require significant updates or maintenance in the near future, despite being meticulously maintained.
High Monthly Association Fees: The $310.0 monthly association fee adds a significant recurring cost to homeownership, which could be a deterrent for some buyers.
Above Market Estimation Price: The current listing price is 12% higher than the property's estimated value, suggesting it may be priced above current market analytics and could face challenges in attracting offers at its current level.

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