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45468 Panorama Drive, Palm Desert, CA 92260

$695K2bd · 2ba · 1,114 sqft
Lot 7,405 sqftSingle Family Residence
Active
89d on marketMLS# 219149091

Property Description

Attention Investors! Discover this newly remodeled mid-century gem, perfect for short-term rentals in Palm Desert. One of the few properties in the area with unique R-3 zoning, allowing for short-term rental opportunities. This stylish 2 bed/2 bath home features a private pool with a new heater, owned solar, and extensive updates that will impress any guest. Enjoy updated flooring, kitchen and bathrooms, all complemented by a professionally designed interior and new furniture. Every detail is crafted to welcome guests into your beautifully appointed retreat. The chic backyard boasts a large pool and stunning views, ideal for soaking up the sun and entertaining. Conveniently located just minutes from El Paseo, with access to the best shopping and dining in town, this property is a prime investment opportunity. Don't miss out on this turn-key, rental-ready home!

Features & Amenities

Not ApplicableFeeBuilt 1957

Property Details

Subdivision
Not Applicable
Land Type
Fee
Year Built
1957
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
Canyon, Mountain(s)
Flooring
Vinyl
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byCompass, Lauren Malo Casado·760-774-5281

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,514.30
Principal & Interest
Loan Amount
$556,000
Total Interest
$709,147
Total Payment Over 30 Years
$1,265,147
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

45468 Panorama Drive, Palm Desert, CA 92260

Not Applicable · Palm Desert · Single Family Residence

$695K
Affordable Tier
Beds
2
Baths
2
Sqft
1,114
Lot
7,405 sqft
Year
1957
$/Sqft
$624
Pool: Yes
Spa: No
View: mountain

Listed 80.5% above the median closed sale of $385,000. Price per sqft ($624) is a 57% premium to closed comps ($398).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $695K· $624/sqft
Total list price
Closed comps
vs closed median $385K
+$310K (+80.5%)
Active comps
vs active median $430K
+$265K (+61.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $366
+$258 (+70.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
43255 Illinois AvenuePalm Desert1962221,2626,098$341$430,00012289
42660 Iowa StreetPalm Desert1961221,0646,534$383$408,00024685
72629 Pitahaya StreetPalm Desert1962221,2536,970$498$624,00012682
77570 California DrivePalm Desert1961321,5476,098$278$429,9009378
40560 Golden WayPalm Desert1980221,2484,792$328$409,90016878
Total: 5 · Average2.22.01,274.86,098.4$365.6$460,360151
Median1,253$429,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
42280 Kansas StreetPalm Desert196108/14/2026221,0645,663$389,000$385,000$3620.996589
77180 Minnesota AvenuePalm Desert196108/24/2026221,0646,098$419,000$439,000$4131.059487
45604 Quailbrush StreetPalm Desert195608/13/2026321,0406,970$650,000$630,000$6060.979886
38406 Brandywine AvenuePalm Desert199409/04/2026221,1576,534$374,900$374,900$3241.006379
78637 Rockwell CirclePalm Desert200308/28/2026221,1284,356$329,000$319,000$2830.973678
Total: 5 · Average2.22.01,090.65,924.2$429,580$429,580$397.671.2
Median1,064$385,000$385,000

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.