Market Analysis for 46335 Desert Lily - CloudCMA

Page 1


Desert Lily Drive, Palm Desert, California 92260

DECEMBER 20, 2024

Map of Comparable Listings

46335 Desert Lily Drive

Details

Pr Prop T op Type: ype: Single Family Residence

C County: ounty: Riverside

Ar Area: ea: 323 - South Palm Desert

Features

As Associasociation Y N: tion N: No

A Attached G ttached Gararage Y age Y/N: /N: Y

C Controntract S act Statatus Change tus Change

Da Datte: e: 2024-12-04T00:00:00

C Cooling: ooling: Central Air

Flooring: Flooring: Carpet, Tile

Hea Heating: ting: Central, Forced Air

Subdivision: Not Applicable-1

Full ba Full baths: ths: 2.0

3 3/4 Ba /4 Baths: ths: 2.0

Half ba Half baths: ths: 2.0

A Acrcres: es: 0.59

L Lot Siz ot Size ( e (sqft): sqft): 25,700

G Gararages: ages: 3

Lis List da t datte: e: 12/4/24

Upda Updatted: ed: Dec 18, 2024 9:09 PM

Lis List Pric t Price: e: $1,795,000

Orig lis Orig list pric t price: e: $1,795,000 Lis List/Sqft: t/Sqft: $337

Land F Land Fee/Land L ee/Land Lease: ease: Fee

L Leevvels: els: One

Lis Listing T ting Terms: erms: 1031 Exchange

L Lot F ot Feaeaturtures: es: Sprinkler System

P Parking T arking Total: otal: 3

P Pool F ool Feaeaturtures: es: In Ground, Electric Heat

P Pool Priv ool Privaatte Y N: e Yes

Pr Property A operty Attached Y ttached Yes/ es/ No: No

R Room T oom Type: ype: Family Room, Utility Room, Guest/ Maid's Quarters, Great Room

Senior C Senior Community Y ommunity Yes/ es/ No: No

Spa F Spa Feaeaturtures: es: Heated, In Ground

Special Lis Special Listing C ting Conditions: onditions: Standard

V Vieiew: w: Mountain(s)

Y Year Built Sour ear Built Sourcce: e: Assessor

Remarks

Are you the ''Artist'' this home is looking for???This can be the meeting of you lifetime.A true ''Blank Canvas''

ready for your imagination. The canvas comes with a 5000+square foot frame on almost 2/3 of an acre with south mountain views, an infinity pool/spa, BBQ, loge,lush landscaping and an endless amount of entertaining area,Inside the frame is 4 bedrooms, 6 baths and a large art studio/office/utility room. The 4th bedroom is an attached casita with a separate entrance. In the center of the frame is a large large ''Great Room'' with a bar, fire place and high high ceilings surrounded by a wall of windows. There is also a gourmet kitchen (when you redo it) and a family room.This sounds like a fun project,If you agree come see the frame and visualize your dreams coming to fruition.

Information is deemed reliable but not guaranteed.

Courtesy of Coldwell Banker Realty
Cathi Walter

Bel Air Road

Details

Pr Prop T op Type: ype: Single Family Residence

C County: ounty: Riverside

Ar Area: ea: 323 - South Palm Desert

Subdivision: Subdivision: Not Applicable-1

Features

As Associasociation Y N: tion N: No

A Attached G ttached Gararage Y age Y/N: /N: Y

C Consonstruction Ma truction Matterials: erials: Stucco

C Cooling: ooling: Zoned, Central Air

Flooring: Flooring: Carpet, Stone

Hea Heating: ting: Forced Air

S Style: tyle: Spanish

Full ba Full baths: ths: 4.0

A Acrcres: es: 0.33

L Lot Siz ot Size ( e (sqft): sqft): 14,375

G Gararages: ages: 3

Lis List da t datte: e: 11/21/24

Upda Updatted: ed: Dec 8, 2024 3:36 AM

Lis List Pric t Price: e: $1,295,000

Orig lis Orig list pric t price: e: $1,295,000

Lis List/Sqft: t/Sqft: $364

School Dis School District: trict: Desert Sands Unified

High: High: Palm Desert

Middle: Middle: Palm Desert Charter

Elementary: Elementary: Washington Charter

Int Interior F erior Feaeaturtures: es: Beamed Ceilings, Wet Bar, Recessed Lighting, Pull Down Stairs to Attic, Intercom, High Ceilings, Cathedral Ceiling(s), Bar

Land F Land Fee/Land L ee/Land Lease: ease: Fee

Lis Listing T ting Terms: erms: Cash, Cash To New Loan

L Lot F ot Feaeaturtures: es: Sprinklers

Drip System, Sprinklers Timer, Sprinkler System

P Parking T arking Total: otal: 6

P Pool F ool Feaeaturtures: es: In Ground, Private

P Pool Priv ool Privaatte Y N: e Yes

Pr Property A operty Attached Y ttached Yes/ es/ No: No

Pr Property C operty Condition: ondition: Repairs Cosmetic

Ba Bathrthroom F oom Feaeaturtures: es: Bidet, Vanity area

Kit Kitchen F chen Feaeaturtures: es: Kitchen Island, Tile Counters

R Room T oom Type: ype: Living Room, Family Room, Retreat, Walk-In Closet, Primary Suite

Senior C Senior Community Y ommunity Yes/ es/ No: No: No

Spa F Spa Feaeaturtures: es: Heated, Private, In Ground

Special Lis Special Listing C ting Conditions: onditions: Standard

V Vieiew: w: City Lights, Mountain(s)

W Windoindow F w Feaeaturtures: es: Shutters, Skylight(s), Double Pane Windows

Remarks

Y Year Built Sour ear Built Sourcce: e: Assessor

Welcome Home! Immaculate and beautifully designed custom-built estate on one of the best streets in highly coveted south Palm Desert. Enjoy the fabulous views of the valley floor all the way to the hills of Joshua Tree from the back terrace and even take in your own private fireworks show. You will also note the stunning mountain views in all directions with NO powerlines to mar your view. Built in 1986 this home offers a spacious, open floor plan with vaulted wood beamed ceilings in both the formal living room and family room, a large chef's kitchen and expansive formal dining room with built-in wet-bar. There are 3 guest bedrooms (one currently being used as an office), two are ensuite, plus a luxurious master retreat. Nestled on one of the largest lots on the street, this property also includes a large, sparking pool and spa, room for a pickle-ball court or ADU, RV parking, tons of storage and a 3-car garage. Please call for an appointment today to view this well maintained and very special property

Courtesy of Bennion Deville Homes Information is deemed reliable but not guaranteed.

Cathi Walter

Joshua Tree Street

$1,600 $1,600,,000 000

PENDING 11/14/24

Details

Pr Prop T op Type: ype: Single Family Residence

C County: ounty: Riverside

Ar Area: ea: 323 - South Palm Desert

Subdivision: Subdivision: Not Applicable-1

Features

As Associasociation Y N: tion N: No

A Attached G ttached Gararage Y age Y/N: /N: Y

Carport Spac Carport Spaces: es: 3

C Consonstruction Ma truction Matterials: erials: Stucco

C Controntract S act Statatus Change tus Change

Da Datte: e: 2024-11-14T00:00:00

Flooring: Flooring: Carpet, Tile

F Foundaoundation Details: tion Details: Slab

Hea Heating: ting: Central, Fireplace(s)

Full ba Full baths: ths: 4.0

A Acrcres: es: 0.61

L Lot Siz ot Size ( e (sqft): sqft): 26,572

G Gararages: ages: 3

Lis List da t datte: e: 8/14/24

P Pending da ending datte: e: 11/14/24

Off-mark Off-market da et datte: e: 11/16/24

Upda Updatted: ed: Nov 15, 2024 10:12 AM

Lis List Pric t Price: e: $1,600,000

Orig lis Orig list pric t price: e: $1,600,000

Lis List/Sqft: t/Sqft: $461

School Dis School District: trict: Desert Sands Unified

High: High: Palm Desert

Middle: Middle: Palm Desert Charter

Elementary: Elementary: Washington Charter

Int Interior F erior Feaeaturtures: es: Partially Furnished

Land F Land Fee/Land L ee/Land Lease: ease: Fee

Lis Listing T ting Terms: erms: Cash, Conventional

L Lot F ot Feaeaturtures: es: Back Yard, Paved, UtilitiesOverhead, Front Yard, Landscaped, Sprinklers

Drip System, Sprinkler System, Sprinklers Timer

P Parking T arking Total: otal: 6

P Pool F ool Feaeaturtures: es: Diving Board, In Ground, Private

P Pool Priv ool Privaatte Y N: e Yes

P Posossessession: sion: Negotiable

Pr Property A operty Attached Y ttached Yes/ es/ No: No

Pr Property C operty Condition: ondition: Fixer, Repairs Cosmetic

R Room T oom Type: ype: Bonus Room, Living Room, Den

Security F Feaeaturtures: es: Closed Circuit Camera(s)

Senior C Senior Community Y ommunity Yes/ es/ No: No: No

Spa F Spa Feaeaturtures: es: Private, In Ground

Special Lis Special Listing C ting Conditions: onditions: Standard

V Vieiew: w: City Lights

Y Year Built Sour ear Built Sourcce: e:

Assessor

Z Zoning: oning: R-1

Remarks

Welcome to 72828 Joshua Tree Street, a remarkable estate nestled on .61 acres in the heart of Palm Desert. This property boasts breathtaking views of the valley, providing a serene backdrop for your desert lifestyle. The highlight of the outdoor space is the expansive diving pool, perfect for leisurely afternoons soaking up the sun or entertaining friends and family.Rich in history, this home was originally built and lovingly maintained by the esteemed Nordstrom family, reflecting an old-world charm that still permeates the property today. While the home awaits renovation, it presents a unique opportunity for investors and buyers looking to put their personal touch on a classic estate in a highly desirable location.Imagine the potential to restore this gem to its former glory, combining modern comforts with the timeless elegance it was known for Whether you're looking for a permanent residence, a vacation getaway, or a profitable investment, this estate is brimming with possibilities.Don't miss your chance to own a piece of Palm Desert history, complete with stunning views and a large diving pool, all in a prime location that's sure to appreciate in value

Courtesy of Coldwell Banker Realty Information is deemed reliable but not guaranteed.

46380 Desert Lily Drive

$1,290,,000 000

PENDING 12/9/24

Details

Pr Prop T op Type: ype: Single Family Residence

C County: ounty: Riverside

Ar Area: ea: 323 - South Palm Desert

Features

As Associasociation Y N: tion N: No

A Attached G ttached Gararage Y age Y/N: /N: Y

C Controntract S act Statatus Change tus Change Da Datte: e:

2024-12-09T00:00:00

C Cooling: ooling: Central Air

Flooring: Flooring: Carpet, Tile

Hea Heating: ting: Central, Natural Gas

Subdivision: Not Applicable-1

Full ba Full baths: ths: 4.0

A Acrcres: es: 0.48

L Lot Siz ot Size ( e (sqft): sqft): 20,909

G Gararages: ages: 2

Lis List da t datte: e: 10/7/24

P Pending da ending datte: e: 12/9/24

Off-mark Off-market da et datte: e: 12/15/24

Upda Updatted: ed: Dec 16, 2024 3:34 AM

Lis List Pric t Price: e: $1,290,000

Orig lis Orig list pric t price: e: $1,290,000 Lis List/Sqft: t/Sqft: $340

Land F Land Fee/Land L ee/Land Lease: ease: Fee

Lis Listing T ting Terms: erms: Conventional, Cash

L Lot F ot Feaeaturtures: es: Sprinkler System

P Parking T arking Total: otal: 4

P Pool F ool Feaeaturtures: es: In Ground

P Pool Priv ool Privaatte Y N: e Y Yes

Pr Property A operty Attached Y ttached Yes/ es/ No: Yes

Pr Property C operty Condition: ondition: Fixer

R Room T oom Type: ype: Guest/Maid's Quarters

Senior C Senior Community Y ommunity Yes/ es/ No: No

Spa F Feaeaturtures: es: Private, In Ground

Special Lis Special Listing C ting Conditions: onditions: Standard

V Vieiew: w: Mountain(s)

Y Year Built Sour ear Built Sourcce: e: See Remarks

Remarks

Located in the highly coveted South Palm Desert, this nearly 4,000 sq.ft. mid-century home, complete with a Cathi Walter • (760) 218 - 5752 • DRE#: 01346930

separate guest house, presents a rare opportunity for those with a vision to renovate and restore its former glory. This fixer-upper boasts 4 bedrooms and 4 full baths in the main house, with expansive living spaces including a living room, dining room, and family room, all enhanced by floor-to-ceiling windows that showcase the large pool, spa, and lush surroundings.A covered patio, perfect for outdoor entertaining, connects the main house to the guest house, which includes a bedroom, full bath, and flexible space suitable for use as an ADU, office, art studio, or workout room. Situated on nearly half an acre, the property offers a sense of privacy and tranquility, yet is just minutes from the shops and dining of El Paseo. With its spacious layout and prime location, this home is an ideal canvas for creating a one-of-a-kind desert retreat.

Courtesy of Coldwell Banker Realty Information is deemed reliable but not guaranteed.

Cathi Walter
Cathi Walter

Details

Pr Prop T op Type: ype: Single Family Residence

C County: ounty: Riverside

Ar Area: ea: 323 - South Palm Desert

Features

As Associasociation Y N: tion N: No

A Attached G ttached Gararage Y age Y/N: /N: Y

C Controntract S act Statatus Change tus Change Da Datte: e: 2024-03-01T00:00:00

C Cooling: ooling: Electric

Flooring: Flooring: Tile

Hea Heating: ting: Central, Fireplace(s), Forced Air, Zoned, Natural Gas

Int Interior F erior Feaeaturtures: es: Bar, Partially Furnished

Subdivision: Not Applicable-1

Full ba Full baths: ths: 4.0

Half ba Half baths: ths: 1.0

A Acrcres: es: 0.48

L Lot Siz ot Size ( e (sqft): sqft): 20,909

G Gararages: ages: 2

Lis List da t datte: e: 11/29/23

Sold da datte: e: 3/1/24

Off-mark Off-market da et datte: e: 12/20/23

Upda Updatted: ed: Oct 15, 2024 2:29 PM

Lis List Pric t Price: e: $1,595,000

Orig lis Orig list pric t price: e: $1,595,000 Lis List/Sqft: t/Sqft: $483

Land F Land Fee/Land L ee/Land Lease: ease: Fee

L Leevvels: els: One

Lis Listing T ting Terms: erms: Cash, Conventional

L Lot F ot Feaeaturtures: es: Landscaped

P Parking T arking Total: otal: 4

P Pool F ool Feaeaturtures: es: In Ground

P Pool Priv ool Privaatte Y N: e Y Yes

P Posossessession: sion: Negotiable

Pr Property A operty Attached Y ttached Yes/ es/ No: No

Pr Property C operty Condition: ondition: Repairs Cosmetic, Updated/Remodeled

R Room T oom Type: ype: Bonus Room, Entry, Utility Room

Security F Feaeaturtures: es: Wired for Alarm System

Senior C Senior Community Y ommunity Yes/ es/ No: No

Spa F Feaeaturtures: es: Heated, In Ground

Special Lis Listing C ting Conditions: onditions: Standard

V Vieiew: w: City Lights, Desert, Hills, Mountain(s), Panoramic

V Virtual T irtual Tour: our: View

Y Year Built Sour ear Built Sourcce: e: Assessor

Remarks

Best Value in South Palm Desert | Unigue and spectacular estate on huge ( 1/2 acre ) corner lot| Unobstructed 180 degree valley views ( utilities ans power lines have been burried ) | All bedrooms/rooms have outside acces through custom wooden doors | Serene , tranquil private zen garden off spacious primary bedroom | Newer AC and furnace units (2) and 2 new tankless water heater sytems service the property | Upgraded 400 AMP service ahs been brought to the property | Large private sparkling pool and seperate spa - Both have their own heaters | Long lasting concrete tile roofing | The lush private grounds feature numerous fruit trees, roses and healthy palms | Approx 15 foot wide easement behind proeprty is perfect for a garden |

Updated spacious sunny kitchen with updaded appliances | Bar area that opens up to the pool deck | Rarely available property walking distance to World Class shopping and dining on El Paseo

Courtesy of Desert Properties of Coachella Valley Information is deemed reliable but not guaranteed.

Cathi Walter
Cathi Walter

Comparable Property Statistics

$483 Sqft.

Comparable homes sold for an average of $483 / sq. ft. Many factors such as location, use of space, condition, quality, and amenities determine the market value per square foot, so reviewing each comp carefully is important.

Homes sold for an average of 9718% of their list price

Days on market It took an average of 21 days for a home to sell. ANALYSIS

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