RealKey
‪(213) 433-7766‬

44530 San Carlos Avenue, Palm Desert, California 92260, Palm Desert, 92260 - 5 bed, 5 bath

44530 San Carlos Avenue, Palm Desert, California 92260 home-pic-0
ACTIVE$1,800,000
44530 San Carlos Avenue, Palm Desert, California 92260
5Beds
5Baths
3,640Sqft
33,541Lot
Year Built
1948
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$495
HOA
-
Days on market
-
Sold On
-
MLS number
219131243DA
Home ConditionGood
Features
Excellent View: Desert, Mountain(s)
Pool
Spa
Patio
ViewDesert, Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 28% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.80M(85th), sqft - 3640(89th), beds - 5(92th), baths - 5(83th).

A remarkable opportunity to own a one acre property located in the heart of Palm Desert! This spacious home gets lots of natural light and the open floor plan with a well appointed gourmet kitchen is a true dream! Make it your own or an investment. The possibilities are endless. With two casitas, attached and detached, you can continue to rent those out or simply use them for guests who visit. Enjoy the tennis court or simply soak in the sunshine and wonderful weather by the private pool and tub. Close distance to El Paseo shopping and other businesses in the area as well as a peaceful and well maintained park nearby... what is there not to like? Investor? Per city, property can be subdivided and tennis court can be made a separate lot. Max three additonal units can be added. Make an appointment to visit and check this spectacular home out. Call now to inquire on other features about this home!

Condition Rating
Good
Built in 1948, this property has undergone significant renovations, making it move-in ready. The kitchen features modern stainless steel appliances, black granite countertops, and well-maintained wood cabinetry, aligning with the 'gourmet kitchen' description. Bathrooms are updated with tiled showers and built-in tubs, though some tile styles and fixtures may appear slightly dated (likely renovated 15-25 years ago), they are clean and fully functional. Consistent stone tile flooring throughout the main living areas and bedrooms is durable and in good condition. While the property's age is a factor, the extensive updates ensure major systems are functional and the home requires no immediate renovations, fitting the 'Good' category.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33541, living area = 3640.
Significant Development Potential: The property offers exceptional investment and development opportunities, with city approval to subdivide, create a separate lot for the tennis court, and add up to three additional units.
Prime Palm Desert Location: Situated in the heart of Palm Desert, the property boasts close proximity to upscale El Paseo shopping, various businesses, and a peaceful, well-maintained park, enhancing its lifestyle appeal and value.
Luxury Recreational Amenities: The property features extensive on-site leisure facilities, including a private pool, tub, and a dedicated tennis court, providing ample entertainment and relaxation options.
Versatile Guest/Rental Accommodations: With two casitas (one attached and one detached), the property offers flexible options for generating rental income or providing private, comfortable quarters for guests.
Spacious & Modernized Living: The main home is spacious, benefits from abundant natural light, features an open floor plan, and includes a well-appointed gourmet kitchen, catering to contemporary living standards.

Cons

Substantial Overpricing Relative to Estimate: The listing price of $1.8 million is significantly higher than the estimated property value of approximately $1.29 million, which may present challenges in market valuation and buyer acceptance.
Advanced Age of Construction: Built in 1948, the property is over 75 years old, potentially indicating a need for significant updates to foundational systems, infrastructure, and general maintenance beyond the mentioned kitchen remodel.
Lack of Mentioned Cooling System: Given Palm Desert's hot climate, the property description does not explicitly mention the presence or condition of a cooling system (e.g., air conditioning), which could be a critical missing amenity or require substantial investment.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state