74225 Candlewood Street, Palm Desert, CA 92260
74225 Candlewood Street, Palm Desert, CA 92260
Property Description
Fully Renovated, Fully Furnished, and currently operating as a Short Term Rental property. Yes you read that right, this home is setup to allow an owner to short term rent throughout the year, in Palm Desert, just a few blocks away from El Paseo's shopping and dining. This stunning home has 4 bedrooms and 3 full bathrooms, amongst which is a permitted garage conversion to Casita, beautifully designed and decorated; perfect for family, friends and guests in town. Soak up the sun in the ample-sized back patio and pool area, then take a nap in the shaded ''descanso deck'', all with slider access to the primary suite and Casita, both of which have en suite bathrooms. The privately gated horseshoe driveway sets you up for a mid-century modern vibe immediately upon arrival, and that feeling is only further validated when you see the front door. Classic Palm Springs! There is a solar lease on the home. Do not wait to get this incredible value on a fully renovated home, turnkey, just blocks away from El Paseo in South Palm Desert.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Not Applicable · Palm Desert · Single Family Residence
Listed 45.1% above the median closed sale of $565,000. Price per sqft ($358) is a 25% premium to closed comps ($287).
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 74920 Trousdale Drive | Palm Desert | 2026 | 4 | 3 | 1,898 | 5,001 | $358 | $679,000 | 3 | 83 |
| 240 Paseo Vista Circle | Palm Desert | 2005 | 3 | 3 | 1,927 | 6,098 | $332 | $639,900 | 19 | 83 |
| 75179 La Sierra Drive | Palm Desert | 1988 | 3 | 3 | 1,932 | 7,405 | $298 | $575,000 | 62 | 80 |
| 73390 Guadalupe Avenue | Palm Desert | 1991 | 3 | 3 | 2,001 | 6,969 | $369 | $739,000 | 166 | 80 |
| 245 Strada Fortuna | Palm Desert | 1998 | 3 | 3 | 1,940 | 7,405 | $351 | $680,000 | 31 | 79 |
| Total: 5 · Average | 3.2 | 3.0 | 1,939.6 | 6,575.6 | $341.6 | $662,580 | 56.2 | |||
| Median | 1,932 | $679,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 77739 Cape Verde Drive | Palm Desert | 1988 | 06/16/2026 | 3 | 3 | 2,062 | 7,405 | $529,000 | $480,000 | $233 | 0.91 | 30 | 82 |
| 40262 Eastwood Lane | Palm Desert | 1990 | 05/15/2026 | 3 | 3 | 1,941 | 7,405 | $649,000 | $640,000 | $330 | 0.99 | 50 | 80 |
| 73581 Heatherwood Drive | Palm Desert | 1998 | 07/17/2026 | 4 | 2 | 1,896 | 7,405 | $580,000 | $565,000 | $298 | 0.97 | 41 | 79 |
| 35906 Bertain Drive | Palm Desert | 2023 | 06/30/2026 | 3 | 2 | 1,992 | 6,647 | $615,000 | $615,000 | $309 | 1.00 | 32 | 79 |
| 72794 Rancho Grande Drive | Palm Desert | 1987 | 06/15/2026 | 3 | 2 | 2,008 | 7,405 | $527,700 | $528,000 | $263 | 1.00 | 82 | 79 |
| Total: 5 · Average | 3.2 | 2.4 | 1,979.8 | 7,253.4 | $565,600 | $565,600 | $286.6 | — | 47 | ||||
| Median | 1,992 | $565,000 | $565,000 | ||||||||||
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.