73062 Monterra Circle South Circle S, Palm Desert, CA 92260
73062 Monterra Circle South Circle S, Palm Desert, CA 92260
Property Description
HUGE PRICE REDUCTION on this Luxury home in the gated community of Monterra in South Palm Desert. Perched on a premier elevated lot in Monterra, this exceptional luxury residence captures breathtaking down-valley vistas, unforgettable sunrises and sunsets, and sparkling starlit desert evenings. Designed for both elegant entertaining and relaxed resort-style living, this 3-bedroom + office, 4.5-bath home seamlessly blends sophistication with comfort. Inside, Italian travertine flooring, custom-crafted woodwork, and expansive walls of glass create an atmosphere of timeless elegance. The beautifully remodeled chef's kitchen is appointed with premium Dacor appliances and a Miele dishwasher, flowing effortlessly into generous indoor and outdoor gathering spaces. Retreat to the luxurious primary suite featuring a fireplace, spa-inspired bath, and direct access to the pool and spa--your own private sanctuary. Expansive sliding doors open to an extraordinary outdoor setting complete with a resort-style pool and spa, fire pit, lush landscaping, mature palms, magnolia trees, and dramatic natural boulders that create both beauty and tranquility. The private office with French doors opening to a serene courtyard offers an inspiring work-from-home setting. Additional features include a 2-car garage plus golf cart garage and a new water heater. Ideally located minutes from The Living Desert Zoo and Gardens and the renowned El Paseo Shopping District, where couture shopping, world-class art galleries, fine dining, and vibrant desert living await. A home designed to impress, entertain, and experience the very best of South Palm Desert living.
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About Monterra
This property is located in Monterra, a community in Palm Desert. Explore more listings in this neighborhood to compare options and pricing.
View Monterra ListingsComparative Market Analysis
Luxury Tier · 5 active · 5 closed
Monterra · Palm Desert · Single Family Residence
Listed 45.0% above the median closed sale of $1,100,000. Price per sqft ($495) is a 44% premium to closed comps ($343). Closed comps sold at 90% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 157 days on market. Luxury tier — fewer comparable sales widen the confidence range.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 71410 Cholla Way | Palm Desert | 1991 | 3 | 5 | 3,589 | 43,560 | $780 | $2.80M | 282 | 53 |
| 73717 Agave Lane | Palm Desert | 1984 | 4 | 4 | 3,468 | 12,197 | $518 | $1.79M | 110 | 51 |
| 109 Chelsea Circle | Palm Desert | 1988 | 4 | 3 | 2,686 | 10,454 | $335 | $899,900 | 170 | 48 |
| 49257 Jfk Trail | Palm Desert | 2026 | 4 | 5 | 3,983 | 20,787 | $1,067 | $4.25M | 305 | 47 |
| 245 Kiva Court | Palm Desert | 1997 | 3 | 3 | 2,338 | 6,534 | $1,024 | $2.40M | 241 | 46 |
| Total: 5 · Average | 3.6 | 4.0 | 3,212.8 | 18,706.4 | $744.8 | $2.43M | 221.6 | |||
| Median | 3,468 | $2.40M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 46490 Desert Lily Drive | Palm Desert | 1972 | 06/30/2026 | 4 | 4 | 3,400 | 20,038 | $1.59M | $1.40M | $412 | 0.88 | 101 | 51 |
| 73810 Cezanne Drive | Palm Desert | 2009 | 07/02/2026 | 4 | 3 | 2,596 | 8,712 | $800,000 | $775,000 | $299 | 0.97 | 118 | 46 |
| 39705 Tandika Trail | Palm Desert | 1993 | 07/01/2026 | 3 | 4 | 3,355 | 13,504 | $1.15M | $1.10M | $328 | 0.96 | 265 | 41 |
| 73681 Agave Lane | Palm Desert | 1985 | 06/30/2026 | 3 | 4 | 3,156 | 13,939 | $1.26M | $950,000 | $301 | 0.75 | 255 | 41 |
| 505 Indian Ridge Drive | Palm Desert | 1997 | 07/06/2026 | 3 | 4 | 3,082 | 9,583 | $1.25M | $1.16M | $375 | 0.92 | 44 | 40 |
| Total: 5 · Average | 3.4 | 3.8 | 3,117.8 | 13,155.2 | $1.08M | $1.08M | $343 | — | 156.6 | ||||
| Median | 3,156 | $1.10M | $1.10M | ||||||||||
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.