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45830 Ocotillo Dr, Palm Desert, CA 92260

$550K3bd · 2ba · 1,500 sqft
Lot 1,500 sqftHOA $690.3/moCondominium
Active
130d on marketMLS# IG-26052245

Property Description

Welcome to this beautifully located 3-bedroom, 2-bathroom condo offering approximately 1,500 sq. ft. of comfortable living space in the heart of Palm Desert. This inviting home features a spacious layout, abundant natural light, and a private 1-car garage, providing both convenience and functionality. Residents enjoy access to a community pool and spa, perfect for relaxing and enjoying the desert lifestyle year-round. The condo also features renewable clean energy with solar and a new roof, helping avoid costly future assessments for years to come. The system offers long-term protection and stability for the next 25 years, while supporting clean energy, an important advantage as solar requirements are expected to become increasingly common in California homes in the coming years. The location truly sets this property apart. Just walking distance to the world-famous El Paseo, you’ll have easy access to Palm Desert’s premier dining, shopping, and art galleries. Tennis enthusiasts will love being only 14 minutes from the Indian Wells Tennis Garden, home to the prestigious BNP Paribas Open, often called the “5th Grand Slam” of tennis. Luxury resorts including Marriott's Desert Springs Villas and Grand Hyatt Indian Wells Resort & Villas are just 12 minutes away, along with hospitals and top desert amenities. The highly anticipated Cotino, A Storyliving by Disney community, set to become a major destination in the Coachella Valley is approximately 22 minutes away. Enjoy convenient access to California State Route 111, connecting you throughout the valley, and California State Route 74, offering a scenic route to the Southern California coast and San Diego in about two hours. Entertainment and sports are close by as well, with Acrisure Arena home of the Coachella Valley Firebirds and major concerts and events just 25 minutes away. This is more than a home, it’s an opportunity to enjoy the best location, lifestyle, and energy-efficient living Palm Desert has to offer.

Features & Amenities

Shar-DonFeeBuilt 1973

Property Details

Subdivision
Shar-Don
Land Type
Fee
Year Built
1973
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Mountain(s)
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byPONCE & PONCE REALTY, INC, Jose Ponce

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,781.10
Principal & Interest
Loan Amount
$440,000
Total Interest
$561,196
Total Payment Over 30 Years
$1,001,196
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Shar-Don

This property is located in Shar-Don, a community in Palm Desert. Explore more listings in this neighborhood to compare options and pricing.

View Shar-Don Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

45830 Ocotillo Dr, Palm Desert, CA 92260

Shar-Don · Palm Desert · Condominium

$550K
Residential Tier
Beds
3
Baths
2
Sqft
1,500
Lot
1,500 sqft
Year
1973
$/Sqft
$367
Pool: Yes
Spa: Yes
View: mountain
Garage: 1-car

Listed 57.1% above the median closed sale of $349,999. Price per sqft ($367) is a 25% premium to closed comps ($293). Closed comps sold at 93% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $550K· $367/sqft
Total list price
Closed comps
vs closed median $350K
+$200K (+57.1%)
Active comps
vs active median $412K
+$138K (+33.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $357
+$10 (+2.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
73188 Bill Tilden LanePalm Desert1975321,1191,306$446$499,0005770
73062 Helen Moody LanePalm Desert1975321,170871$291$340,0006468
72853 Don Larson LanePalm Desert1978221,1700$372$435,0007865
40963 Interlachen LanePalm Desert1980221,1770$316$372,5007665
130 Willow Lake DrivePalm Desert1984221,138871$362$411,9005764
Total: 5 · Average2.42.01,154.81,016$357.4$411,68066.4
Median1,170$411,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
45632 Ocotillo DrivePalm Desert198006/18/2026221,2301,306$489,000$480,000$3900.985270
319 Tava LanePalm Desert198405/26/2026321,2882,178$330,000$305,000$2370.924668
77401 Sawgrass CirclePalm Desert198106/26/2026221,1770$380,000$370,000$3140.974166
73750 Desert Vista CourtPalm Desert197605/18/2026321,2482,613$399,000$349,999$2800.882165
46183 Highway 74Palm Desert196006/22/2026221,1041,104$295,000$270,000$2450.9219065
Total: 5 · Average2.42.01,209.41,800.25$354,999.8$354,999.8$293.270
Median1,230$349,999$349,999

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.