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312 S Sierra Madre S, Palm Desert, CA 92260

$469K2bd · 2ba · 1,347 sqft
Lot 2,614 sqftHOA $800/moCondominium
Active
95d on marketMLS# 219148758

Property Description

Here is a great investment property that has been generating over $60,000 per year based on the current owners revenue. This is a beautifully updated residence, located on the second fairway of the East Course. Home is equipped with 2 large bedrooms, 2 bathrooms, 2 car attached garage, vaulted ceilings, and an oversized covered back patio offering amazing views. Sold completely turn-key furnished, ideal for any investor. All furnishings including appliances are less than 3 years old, brand new HVAC system installed just 6 months ago, and a new roll up garage door installed just 3 months ago. Monterey Country Club offers 27 holes of Championship Golf, 37 community pools and spas, pickle ball and tennis courts, bocce ball and fitness center, and several social activities at the clubhouse. This is perfect desert living.

Features & Amenities

Property Details

Subdivision
Monterey Country Club
Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Air Conditioning, Central Air
View
Golf Course, Hills, Mountain(s)
Flooring
Carpet, Laminate, Tile
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byDesert Sands Realty, Neal Robinson·916-765-9960

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,371.52
Principal & Interest
Loan Amount
$375,200
Total Interest
$478,547
Total Payment Over 30 Years
$853,747
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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 Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

312 S Sierra Madre S, Palm Desert, CA 92260

Monterey Country Club · Palm Desert · Condominium

$469K
Affordable Tier
Beds
2
Baths
2
Sqft
1,347
Lot
2,614 sqft
Year
1979
$/Sqft
$348
Pool: Yes
Spa: Yes
View: golf
Garage: 2-car

Listed in line with the median closed sale of $460,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $469K· $348/sqft
Total list price
Closed comps
vs closed median $460K
+$9K (+2.0%)
Active comps
vs active median $449K
+$20K (+4.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $354
$6 (1.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
259 Santa Barbara CirclePalm Desert1979221,3032,614$437$570,0005998
298 San VicentePalm Desert1979221,3471,527$370$499,000398
112 Giralda CirclePalm Desert1979221,3032,614$345$449,00011598
254 La Paz WayPalm Desert1979221,4572,614$274$399,0003197
412 Sierra MadrePalm Desert1979221,3032,614$345$449,00014997
Total: 5 · Average2.02.01,342.62,396.6$354.2$473,20071.4
Median1,303$449,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
130 Don Miguel CirclePalm Desert197906/15/2026221,3472,614$379,900$379,900$2821.003899
278 Tolosa CirclePalm Desert197905/21/2026221,3472,613$445,000$425,000$3160.956599
302 Villena WayPalm Desert197908/31/2026221,3470$519,000$460,000$3410.896098
321 San Remo StreetPalm Desert197907/01/2026221,5841,742$825,000$800,000$5050.978592
260 Calle Del VeranoPalm Desert198008/24/2026221,5841,296$499,999$495,000$3120.9910392
Total: 5 · Average2.02.01,441.82,066.25$511,980$511,980$351.270.2
Median1,347$460,000$460,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.