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48700 Paisano Rd, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath

48700 Paisano Rd, Palm Desert, California 92260 home-pic-0
ACTIVE$2,200,000
48700 Paisano Rd, Palm Desert, California 92260
3Beds
2Baths
1,875Sqft
145,926Lot
Year Built
1979
Close
-
List price
$2.2M
Original List price
$2.2M
Price/Sqft
$1,173
HOA
-
Days on market
-
Sold On
-
MLS number
219124422DA
Home ConditionPoor
Features
Excellent View: City Lights, Desert, Golf Course, Hills, Mountain(s), Panoramic
Deck
Pool
Spa
ViewCity Lights,Desert,Golf Course,Hills,Mountain(s),Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $2.20M(88th), sqft - 1875(37th), beds - 3(50th), baths - 2(38th).

3-bedroom / 2-bathroom 1,875 SF home in desirable Cahuilla Hills, just south of Palm Desert. Situated on 3.35 scenic acres with a pool. Large lot perfect for creating an outdoor oasis and ensuring privacy and optimum views. Exclusive and tranquil setting offers privacy nestled into the natural desert surroundings. Minutes away from the renowned El Paseo Shopping District, home to Gucci, Louis Vuitton, Saks Fifth Avenue, Mastro's Steakhouse, and more. Surrounded by prestigious, exclusive communities such as Big Horn Golf Club, Ironwood County Club, and The Reserve Club. *Brochure can be downloadable in the ''Document'' tab.* Appointment only. Please call Claire Harvey at (760) 636-3501 to set up an appointment.

Nearby schools

7/10
Palm Desert High School
Public,•9-12•4.0mi

Price History

Date
Event
Price
02/07/25
Listing
$2,200,000
Condition Rating
Poor
Built in 1979, this property is 45 years old and shows no evidence of significant renovations. The kitchen features original or very old cabinets, dated white appliances, and fluorescent lighting, requiring a complete overhaul. Bathrooms are similarly outdated with old vanities, fixtures, and tile, also necessitating full renovation. While the structure appears sound, the interior, especially the kitchen and bathrooms, requires substantial rehabilitation to meet modern living standards, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Expansive & Private Lot: Situated on 3.35 scenic acres, the property offers exceptional privacy and significant space for future development or a custom outdoor oasis.
Prime & Exclusive Location: Located in desirable Cahuilla Hills, this tranquil setting is minutes from the renowned El Paseo Shopping District and surrounded by prestigious golf clubs like Big Horn and Ironwood.
Diverse Panoramic Views: The property boasts stunning and diverse views, including city lights, desert landscapes, golf courses, hills, and mountains, enhancing its aesthetic and value.
Private Pool: A private pool is included, providing a highly desirable amenity for relaxation and entertainment, especially in the Palm Desert climate.
Significant Development Potential: The large lot is explicitly noted as 'perfect for creating an outdoor oasis,' offering substantial potential for customization, expansion, or even a new build.

Cons

Age of Residence: Built in 1979, the home is 45 years old, which may imply outdated systems, finishes, or a need for significant renovations to meet modern luxury standards expected in this exclusive area.
Modest Home Size Relative to Lot: At 1,875 sqft on 3.35 acres, the existing home is relatively small for such an expansive and valuable parcel, suggesting that the primary value is in the land and location, potentially requiring a buyer to consider expansion or rebuilding.
Unspecified Interior Condition: The description focuses heavily on the lot, views, and location, with no specific mention of recent interior upgrades, which could indicate the interior may require substantial investment to align with contemporary luxury expectations.

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