42635 Adalin Way, Palm Desert, California 92211, Palm Desert, 92211 - 2 bed, 3 bath
ACTIVE$399,900
42635 Adalin Way, Palm Desert, California 92211
2Beds
3Baths
1,576Sqft
4,356Lot
Year Built
1991
Close
-
List price
$400K
Original List price
$400K
Price/Sqft
$254
HOA
$998
Days on market
-
Sold On
-
MLS number
219138877DA
Home ConditionFair
Features
Patio
View-
About this home
We found 4 Cons,5 Pros. Rank: price - $399.9K(34th), sqft - 1576(56th), beds - 2(50th), baths - 3(68th).
$288,000 FHA assumable loan at 2.93%This home is what you have been looking for.............2 bedroom & 3 baths at a great price.Short term rentals are OK with 30 day minimum stay.Everything stays.....Turnkey furnished.Private patio off master bedroom.Large living room with high vaulted ceilings.Quality furniture throughout.Walk-in pantry.Golf.......tennis.......pickleball.......18 swimming pools & Chef's Choice dining all available to you.
Nearby schools
8/10
Gerald R. Ford Elementary School
Public,•K-5•1.1mi
6/10
Ronald Reagan Elementary School
Public,•K-5•1.5mi
5/10
Colonel Mitchell Paige Middle School
Public,•6-8•1.3mi
7/10
Palm Desert High School
Public,•9-12•2.0mi
Price History
Date
Event
Price
11/17/25
Listing
$399,900
07/28/21
Sold
$275,000
Condition Rating
Fair
Built in 1991, this property is over 30 years old. While appearing well-maintained and offered turnkey furnished, the kitchen features dated tile countertops, older light-wood cabinets, and black appliances. The bathrooms also show signs of age with tile countertops, older shower enclosures, and terracotta-colored floor tiles, consistent with its original construction or a renovation from 20-30+ years ago. It is functional but requires minor updates to meet modern aesthetic standards.
Pros & Cons
Pros
Assumable FHA Loan: The property offers an assumable FHA loan at an exceptionally low interest rate of 2.93%, providing a significant financial advantage for potential buyers in the current market.
Short-Term Rental Potential: Approved for short-term rentals with a 30-day minimum stay, this property presents an excellent opportunity for income generation or flexible personal use.
Turnkey Furnished: The home is sold fully furnished with quality furniture throughout, making it ready for immediate occupancy or rental without additional setup costs or effort.
Extensive Community Amenities: Located within Oasis Country Club, residents have access to a wide array of amenities including golf, tennis, pickleball, 18 swimming pools, and Chef's Choice dining.
Spacious Living Area: Features a large living room with high vaulted ceilings, enhancing the sense of space and openness within the home.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4356, other record lot size in square feet = 1668.
High Monthly Association Fee: The property carries a substantial monthly association fee of $998.0, which significantly adds to the overall cost of ownership.
Property Age: Built in 1991, the property is over 30 years old, which may imply older systems or finishes that could require future maintenance, updates, or renovations to meet modern standards.
Limited Bedroom Count: With only 2 bedrooms, the property may not accommodate larger families or those requiring additional guest rooms or dedicated office space, potentially narrowing the buyer pool.