47402 Marrakesh Drive, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 3 bath

47402 Marrakesh Drive, Palm Desert, California 92260 home-pic-0
ACTIVE$1,695,000
47402 Marrakesh Drive, Palm Desert, California 92260
3Beds
3Baths
2,482Sqft
4,356Lot
Year Built
1971
Close
-
List price
$1.7M
Original List price
$1.79M
Price/Sqft
$683
HOA
$1,270
Days on market
-
Sold On
-
MLS number
219122799DA
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Mountain(s)
ViewPark/Greenbelt, Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 46% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.70M(84th), sqft - 2482(56th), beds - 3(50th), baths - 3(50th).

Welcome to Marrakesh Country Club, the '' Jewell of The Desert''. This extensively updated 3BA 3BR villa was designed by John Elgin Woolf, the patriarch of the Hollywood Regency Design and is currently owned by a prominent interior designer as evidenced by the many high quality upgrades. It overlooks a quiet greenbelt area, steps away from one of 14 community pools with spas and off street parking. The large private front European style courtyard has a fountain, a sitting area with great views of Eisenhower Mountain and filled with Lush plantings including fruit trees to enjoy. All the original floor plans at Marrakesh have an attached atrium. This atrium has an outside shower that is accessible from the master bathroom. The Pullman style main entry doors open to a luxuriously appointed large living room which features a traditional fireplace and ten foot ceilings throughout. The interior features a formal dining room, three en-suits, one of which has been converted to a cozy den, a small office and lots of closet space. The garage has an air cooling unit and soft water equipment. The photos tell the story. The Marrakesh Club House recently completed a major renovation designed by the renowned designer Tom Scheere. It has an up to date fitness center , a fully staffed golf pro shop , casual and fine dining with great golf course and mountain views,. It is spectacular. This is your chance to to become a part of the acclaimed Marrakesh Country Club Lifestyle

Nearby schools

7/10
Palm Desert High School
Public,9-122.4mi
Condition Rating
Excellent

Despite being built in 1971, this property has undergone extensive, high-quality renovations, as evidenced by the description and images. The kitchen features modern white shaker cabinets, high-end stainless steel appliances (Viking range, Viking microwave, Miele coffee maker), and pristine countertops. Bathrooms are equally updated with contemporary vanities, fixtures, and finishes. The overall condition, flooring, and light fixtures throughout the home appear virtually new and meet current quality standards, reflecting the 'prominent interior designer' ownership and recent upgrades.
Pros & Cons

Pros

Exclusive Community & Lifestyle: Located within the 'Jewell of The Desert', Marrakesh Country Club, offering an acclaimed lifestyle with world-class amenities including a newly remodeled clubhouse, fitness center, golf pro shop, casual and fine dining, tennis, and pickleball.
Designer Pedigree & High-Quality Upgrades: The villa was designed by John Elgin Woolf, a patriarch of Hollywood Regency Design, and is currently owned by a prominent interior designer, evidenced by extensive updates and high-quality finishes throughout.
Private Outdoor Oasis & Views: Features a large private front European-style courtyard with a fountain, sitting area, lush plantings, fruit trees, and great views of Eisenhower Mountain, complemented by an overlook of a quiet greenbelt area.
Luxurious Interior Appointments: Boasts a luxuriously appointed large living room with a traditional fireplace, ten-foot ceilings throughout, a formal dining room, three en-suites (one converted to a den), and a small office, providing a sophisticated and functional living space.
Convenient Amenity Access: The property is steps away from one of 14 community pools with spas and offers easy access to the recently renovated Marrakesh Club House facilities.

Cons

Significant Overpricing & Valuation Gap: The current list price of $1.695M is substantially higher than the estimated property value of $903,731.96 and a comparable property within the same subdivision listed for $1.44M, suggesting a potential overvaluation.
High Monthly Association Fees: The monthly association fee of $1270.0 is considerable and represents a significant ongoing cost for ownership, which may deter some potential buyers.
Age of Property & Potential System Concerns: Built in 1971, despite extensive updates, the property's age may raise questions about the condition of underlying systems (e.g., plumbing, electrical, central HVAC) not explicitly mentioned as fully replaced or upgraded, especially given the mention of only a garage air cooling unit.

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