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72302 Merry Vale Way, Palm Desert, CA 92260

$460K2bd · 2ba · 1,428 sqft
Lot 0 sqftHOA $660/moCondominium
Active
46d on marketMLS# 219150652

Property Description

Nestled on a quiet cul-de-sac in the highly desirable Sommerset community of South Palm Desert, this beautifully updated single-level residence offers the perfect blend of style, comfort, and effortless desert living. Spanning 1,428 square feet, this inviting home features two spacious bedrooms and two beautifully remodeled bathrooms, thoughtfully designed with contemporary finishes. The bright, open-concept kitchen has been tastefully renovated with sleek quartz countertops, abundant cabinetry, and a generous island ideal for casual dining and entertaining. An adjoining breakfast nook with a built-in desk provides the perfect space for morning coffee or a convenient home office. Polished concrete floors add a sophisticated modern touch while enhancing the home's clean, airy aesthetic. At the heart of the home, a tranquil interior atrium welcomes natural light and features a soothing fountain, creating a peaceful retreat. Step outside to the expansive rear patio, where breathtaking mountain views and lush landscaping provide the perfect setting for outdoor dining, entertaining, or simply relaxing in complete privacy. An enclosed patio offers additional versatile living space and is ideal for pets. Enjoy the exceptional lifestyle Sommerset is known for, with an abundance of community pools, beautifully landscaped grounds, with pickleball and tennis courts, one of the community pools just moments away, and nearby hiking trails showcasing the beauty of the surrounding desert landscape. Additional highlights include custom window treatments, an attached one-car garage plus carport,, and convenient access to Highway 74, minutes from El Paseo's renowned shopping and dining, premier golf, and all that South Palm Desert has to offer.Whether you're looking for a full-time home, seasonal getaway, or investment opportunity, this South Palm Desert condo offers location, views, and updated living in one of the valley's most desirable areas.

Features & Amenities

Property Details

Subdivision
Sommerset South Palm Desert
Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
4
Garage Spaces
1
Heating
Central
Cooling
Air Conditioning, Ceiling Fan(s)
View
Hills, Mountain(s)
Flooring
Concrete
Roof
Foam
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byCompass, Susan J Thomas·310-251-4344

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,326.01
Principal & Interest
Loan Amount
$368,000
Total Interest
$469,364
Total Payment Over 30 Years
$837,364
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Sommerset South Palm Desert

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

View Sommerset South Palm Desert Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

72302 Merry Vale Way, Palm Desert, CA 92260

Sommerset South Palm Desert · Palm Desert · Condominium

$460K
Affordable Tier
Beds
2
Baths
2
Sqft
1,428
Lot
0 sqft
Year
1979
$/Sqft
$322
Pool: Yes
Spa: Yes
View: mountain
Garage: 1-car

Listed 10.6% above the median closed sale of $416,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $460K· $322/sqft
Total list price
Closed comps
vs closed median $416K
+$44K (+10.6%)
Active comps
vs active median $395K
+$66K (+16.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $375
$53 (14.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
45711 Verba Santa DrivePalm Desert1979221,1792,892$372$439,0002579
48885 Mariposa DrivePalm Desert1974221,1642,139$614$715,0001377
42837 Scirocco RoadPalm Desert1985221,1743,049$298$349,9003076
130 Willow Lake DrivePalm Desert1984221,1380$347$394,50010775
77910 Michigan DrivePalm Desert1965221,13869,260$245$279,0005075
Total: 5 · Average2.02.01,158.619,335$375.2$435,48045
Median1,164$394,500

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
45632 Ocotillo DrivePalm Desert198006/18/2026221,2301,306$489,000$480,000$3900.985280
72793 Fleetwood CirclePalm Desert197908/27/2026221,2233,485$475,000$470,000$3840.997680
72760 Mesquite Ct Unit APalm Desert197408/24/2026221,2432,355$350,000$361,156$2911.036078
73851 Ocotillo CourtPalm Desert197607/23/2026221,1410$429,000$416,000$3650.977478
77401 Sawgrass CirclePalm Desert198106/26/2026221,1770$380,000$370,000$3140.974177
Total: 5 · Average2.02.01,202.82,382$419,431.2$419,431.2$348.860.6
Median1,223$416,000$416,000

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.