36016 Franklin Drive, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 3 bath

36016 Franklin Drive, Palm Desert, California 92211 home-pic-0
ACTIVE$620,000
36016 Franklin Drive, Palm Desert, California 92211
3Beds
3Baths
1,979Sqft
3,402Lot
Year Built
2022
Close
-
List price
$620K
Original List price
$620K
Price/Sqft
$313
HOA
$291
Days on market
-
Sold On
-
MLS number
219130475DA
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Hills, Mountain(s)
Patio
ViewPark/Greenbelt, Hills, Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,5 Pros. Rank: price - $620.0K(67th), sqft - 1979(55th), beds - 3(50th), baths - 3(57th).

Better Than New Modern Luxury Home with Detached Casita-Style Office in University Park. Modern desert living at its finest! Stunning 2022-built Verve model in Palm Desert's sought-after University Park community - exceptional value, style & versatility. Boasting 3 spacious bedrooms + detached casita-style office, this home is ideal for remote work, a yoga studio, or game room. Step inside to an open-concept layout designed for modern comfort & effortless entertaining. Enjoy soaring ceilings, elegant grey granite countertops, premium Samsung SS appliances, and contemporary cabinets in the chef's kitchen, which flows seamlessly into the bright and airy main living space. Upstairs, a versatile loft area offers additional room to work or unwind, while thoughtful touches like a pocket door enhance guest privacy. The primary suite impresses with stunning mountain views, a walk-in closet & spa-inspired en-suite bathroom. Additional highlights: Upstairs laundry room, EV charger, Owned solar panels for maximum energy efficiency and savings, $25k+ in upgrades, including a concrete patio, ceiling fans, window treatments & appliances. Enjoy access to The Grove--a brand-new private recreation center featuring resort-style pools & spas, state-of-the-art fitness center, clubhouse, playground & more. Residents also have access to scenic trails & a dog-friendly park. With low HOA dues & a 30-day minimum short-term rental policy, this home is perfect as a full-time residence or a savvy investment property. Conveniently located near top-rated schools, shopping, dining, Acrisure Arena, major medical centers & all the best of Palm Desert and Palm Springs. Available for purchase or lease--schedule your private showing today!

Condition Rating
Excellent

This property was built in 2022, making it virtually new. The description highlights 'Better Than New Modern Luxury Home,' 'premium Samsung SS appliances,' 'elegant grey granite countertops,' 'contemporary cabinets,' and a 'spa-inspired en-suite bathroom.' Images confirm a pristine, modern kitchen with white cabinetry, stainless steel appliances, and granite countertops, and bathrooms with modern vanities and subway tile. All components appear new with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Modern New Construction: Built in 2022, this 'Better Than New Modern Luxury Home' features an open-concept layout, soaring ceilings, and contemporary finishes, offering a move-in ready, stylish living experience.
Versatile Detached Casita & Loft: The property includes a detached casita-style office and a versatile upstairs loft, providing highly flexible spaces ideal for remote work, guest accommodations, or recreational use.
Energy Efficiency & Recent Upgrades: Equipped with owned solar panels for significant energy savings and over $25k in recent upgrades, including a concrete patio, ceiling fans, and window treatments, enhancing value and comfort.
Exceptional Community Amenities: Residents enjoy access to 'The Grove' private recreation center, featuring resort-style pools, spas, a state-of-the-art fitness center, clubhouse, scenic trails, and a dog-friendly park.
Strategic Location & Investment Potential: Conveniently located near top-rated schools, shopping, dining, medical centers, and Acrisure Arena, with a 30-day minimum short-term rental policy, making it a savvy investment opportunity.

Cons

Compact Lot Size: The 3,402 sqft lot is relatively small for a single-family residence, offering limited private outdoor space and potentially less appeal for buyers desiring a larger yard.
No Private Pool/Spa: Despite the desert climate and access to community facilities, the property itself does not include a private pool or spa, which may be a desired feature for some buyers in this region.
Ongoing HOA Dues: While described as low, the $291 monthly HOA fee is a consistent recurring cost that adds to homeownership expenses, even with the extensive amenities provided.

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