73411 Bursera Way, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath

73411 Bursera Way, Palm Desert, California 92260 home-pic-0
ACTIVE$899,000
73411 Bursera Way, Palm Desert, California 92260
3Beds
2Baths
1,800Sqft
14,810Lot
Year Built
1957
Close
-
List price
$899K
Original List price
$925K
Price/Sqft
$499
HOA
-
Days on market
-
Sold On
-
MLS number
219133480DA
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $899.0K(58th), sqft - 1800(31th), beds - 3(50th), baths - 2(38th).

Prime Opportunity - Mid-Century Post & Beam in South Palm DesertThis property offers strong upside potential in one of Palm Desert's most desirable neighborhoods. Key capital improvements have already been completed: a new foam roof, resurfaced pool with durable pebble finish, new variable-speed pool pump, resurfaced pool decking, new HVAC systems, and a new awning--reducing immediate maintenance concerns for investors. The home features a spacious layout with floor-to-ceiling windows that bring in natural light and maximize indoor-outdoor appeal--a major draw for long-term tenants. Interior upgrades include redone concrete floors with gray overlay, new kitchen appliances, and an expansive 22 feet of counter space--ideal for hosting or staging. The large 18x36 pool, covered patio and generous pool deck create an ideal setting for outdoor entertaining. There's ample room for adding a jacuzzi, firepit, or luxury furnishings to enhance rental value. A natural gas hookup simplifies the addition of a high-end outdoor kitchen or grilling station. Sitting on a private oversized lot, this property offers room for further development or customization. Located minutes from El Paseo's premium shopping and dining district, this home checks the box for location, lifestyle, and long-term appreciation. Sitting on a private oversized lot, this property offers room for ADU, further development or customization.

Price History

Date
Event
Price
08/18/25
Price Change
$899,000-2.8%
08/01/25
$925,000
Condition Rating
Excellent

Despite being built in 1957, this property has undergone extensive and high-quality renovations, bringing it to a virtually new condition. The description explicitly states 'new foam roof, resurfaced pool... new HVAC systems,' and 'Interior upgrades include redone concrete floors with gray overlay, new kitchen appliances.' The images confirm a modern, clean aesthetic throughout, particularly in the kitchen with its new stainless steel appliances, white cabinetry, and light countertops, and the bathroom with its fresh white penny tile and updated fixtures. All major components appear new or recently updated, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Prime Location & Appreciation Potential: Situated in a highly desirable South Palm Desert neighborhood, minutes from El Paseo's premium shopping and dining, ensuring strong long-term appreciation and lifestyle appeal.
Extensive Capital Improvements: Recent major upgrades including a new foam roof, resurfaced pool/decking, new HVAC systems, and a new awning significantly reduce immediate maintenance concerns for investors and enhance property value.
Significant Development & Upside Potential: The oversized private lot offers ample room for further customization, expansion, or the addition of an ADU, maximizing future value and investment returns.
Desirable Mid-Century Modern Design: Features a spacious post & beam layout with floor-to-ceiling windows, maximizing natural light and indoor-outdoor flow, appealing to a broad range of tenants or homeowners.
Exceptional Outdoor Living Space: Boasts a large 18x36 pool, covered patio, generous pool deck, and natural gas hookup, creating an ideal setting for entertaining and enhancing rental appeal.

Cons

Original Construction Age: Despite significant recent upgrades, the core structure dates back to 1957, which may imply potential for older, un-upgraded systems (e.g., plumbing, electrical not explicitly mentioned) that could require future attention.
Modest Interior Size for Lot: At 1800 sqft, the interior living space is relatively modest compared to the expansive 14,810 sqft lot, which might not meet the needs of buyers seeking a larger primary residence without further expansion.
Niche Architectural Style: While appealing to many, the specific Mid-Century Post & Beam aesthetic may not resonate with all potential buyers, potentially limiting the market to those who appreciate this particular design.

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