
276 Serena Drive, Palm Desert, CA 92260
276 Serena Drive, Palm Desert, CA 92260
Property Description
Attention Investors: Turnkey income property with a pristine, 5-star rental track record! This highly lucrative property generated $31,000 in gross revenue over just 110 nights this season. Walk into immediate cash flow with over $17,000 in pre-booked seasonal revenue secured for January–March 2027 (bookings must be honored through March 2027). Welcome to this turn-key, fully furnished home located on the golf course of the gated Monterey Country Club. This one-story, 2 bed/2 bath condo features panoramic views of the golf course with a resort-like community pool located just around the corner. An ideal opportunity to own a versatile property that serves as a successful 5-star rental home or a gorgeous personal sanctuary. The home was completely remodeled in 2020 with luxury vinyl floors, gourmet kitchen and beautifully appointed bathrooms. The spacious living room and dining area features vaulted ceilings, clerestory windows, and an oversized sliding glass door to the patio that provides ample natural light and is great for indoor/outdoor living. The gorgeous kitchen features breakfast bar seating, included stainless steel appliances and charming views of the enclosed courtyard. Retreat to the large primary suite, which offers direct patio access overlooking the fairways, a private ensuite bathroom with dual sinks, and a spacious walk-in shower. The second bedroom features private slider access to the front courtyard and a separate full-size bathroom. Additional practical amenities include convenient in-unit laundry, a 2-car garage, new HVAC system, and professional duct cleaning. Enjoy the exclusive Monterey Country Club lifestyle with access to 27 holes of Championship golf, 19 tennis courts, pickleball, a fitness center and 37 community pools with spas. The HOA includes cable/streaming TV, internet, security, trash and maintenance. Ideally located just minutes from The El Paseo Shopping District, The Shops at Palm Desert, and Acrisure Arena.
Features & Amenities
Property Details
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About Monterey Country Club
This property is located in Monterey Country Club, a community in Palm Desert. Explore more listings in this neighborhood to compare options and pricing.
View Monterey Country Club ListingsComparative Market Analysis
Affordable Tier · 5 active · 5 closed
Monterey Country Club · Palm Desert · Condominium
Listed 19.3% above the median closed sale of $460,000. Price per sqft ($421) is a 20% premium to closed comps ($351).
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 279 San Remo Street | Palm Desert | 1979 | 2 | 2 | 1,303 | 1,217 | $314 | $409,500 | 16 | 100 |
| 248 La Paz | Palm Desert | 1979 | 2 | 2 | 1,303 | 1,114 | $345 | $449,900 | 23 | 99 |
| 298 San Vicente | Palm Desert | 1979 | 2 | 2 | 1,347 | 1,527 | $370 | $499,000 | 3 | 97 |
| 259 Santa Barbara Circle | Palm Desert | 1979 | 2 | 2 | 1,303 | 2,614 | $437 | $570,000 | 59 | 94 |
| 265 Calle Del Verano | Palm Desert | 1980 | 2 | 2 | 1,303 | 2,225 | $499 | $650,000 | 120 | 93 |
| Total: 5 · Average | 2.0 | 2.0 | 1,311.8 | 1,739.4 | $393 | $515,680 | 44.2 | |||
| Median | 1,303 | $499,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 302 Villena Way | Palm Desert | 1979 | 08/31/2026 | 2 | 2 | 1,347 | 0 | $519,000 | $460,000 | $341 | 0.89 | 60 | 97 |
| 260 Calle Del Verano | Palm Desert | 1980 | 08/24/2026 | 2 | 2 | 1,584 | 1,296 | $499,999 | $495,000 | $312 | 0.99 | 103 | 93 |
| 130 Don Miguel Circle | Palm Desert | 1979 | 06/15/2026 | 2 | 2 | 1,347 | 2,614 | $379,900 | $379,900 | $282 | 1.00 | 38 | 92 |
| 278 Tolosa Circle | Palm Desert | 1979 | 05/21/2026 | 2 | 2 | 1,347 | 2,613 | $445,000 | $425,000 | $316 | 0.95 | 65 | 92 |
| 321 San Remo Street | Palm Desert | 1979 | 07/01/2026 | 2 | 2 | 1,584 | 1,742 | $825,000 | $800,000 | $505 | 0.97 | 85 | 90 |
| Total: 5 · Average | 2.0 | 2.0 | 1,441.8 | 2,066.25 | $511,980 | $511,980 | $351.2 | — | 70.2 | ||||
| Median | 1,347 | $460,000 | $460,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.