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40729 Preston Trail, Palm Desert, CA 92211

$345K2bd · 2ba · 1,184 sqft
Lot 2,441 sqftHOA $891/moCondominium
Active
29d on marketMLS# 219151745

Property Description

Beautiful Forest Hills floor plan condo now available in Palm Desert Resort community. This charming 2 bedroom 2 bath home offers views from the 13th fairway. The open concept kitchen features granite countertops, a large bar sitting area, recessed and under cabinet lighting, and a seamless flow into the spacious living room area with vaulted ceilings. Enjoy this fully furnished home with tile flooring throughout, window shutters, ceiling fans, a tiled patio with pergola, and many more upgrades. Palm Desert Resort offers its residents many community amenities, including 20 pools, spas, 28 pickle ball courts, 7 tennis courts, bocce ball, an 18 hole golf course, pro shop, clubhouse, on site restaurant & café and 24/7 gated security. Whether you're looking for a full time residence, seasonal retreat, or investment, this property allows short term rentals, making and outstanding opportunity in one of Palm Desert's most desirable resort communities.

Features & Amenities

Property Details

Subdivision
Palm Desert Resort Country Club
Land Type
Fee
Year Built
1983
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Heating
Central
Cooling
Air Conditioning, Central Air
View
Golf Course
Flooring
Tile
City
Palm Desert
Zip Code
92211
County
Riverside
Listed byHomeSmart, Hector A Gonzalez·760-808-4617

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,744.51
Principal & Interest
Loan Amount
$276,000
Total Interest
$352,023
Total Payment Over 30 Years
$628,023
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Palm Desert Resort Country Club

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

View Palm Desert Resort Country Club Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

40729 Preston Trail, Palm Desert, CA 92211

Palm Desert Resort Country Club · Palm Desert · Condominium

$345K
Affordable Tier
Beds
2
Baths
2
Sqft
1,184
Lot
2,441 sqft
Year
1983
$/Sqft
$291
Pool: Yes
Spa: Yes
View: golf

Listed 5.5% below the median closed sale of $365,000. Closed comps sold at 94% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 124 days on market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $345K· $291/sqft
Total list price
Closed comps
vs closed median $365K
$20K (5.5%)
Active comps
vs active median $399K
$54K (13.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $326
$35 (10.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
40432 Bay Hill WayPalm Desert1981221,1772,614$340$400,0004498
41790 Resorter BoulevardPalm Desert1984221,1840$337$399,00012498
77009 Preston TrailPalm Desert1981221,1772,613$297$350,00014097
40209 Baltusrol CirclePalm Desert1981221,1772,178$292$344,00013297
40360 Bay Hill WayPalm Desert1981221,1772,613$364$429,0003795
Total: 5 · Average2.02.01,178.42,504.5$326$384,40095.4
Median1,177$399,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
77050 Pauma Valley WayPalm Desert198405/08/2026221,1840$359,000$340,000$2870.9520098
77247 OlympicPalm Desert198105/12/2026221,1770$369,000$365,000$3100.998297
41495 Preston TrailPalm Desert198708/03/2026221,1412,614$395,000$340,000$2980.8613695
77277 Olympic WayPalm Desert198106/29/2026221,1770$379,000$365,000$3100.9617894
77337 Preston TrailPalm Desert198106/25/2026221,1772,613$404,000$390,000$3310.962694
Total: 5 · Average2.02.01,171.22,613.5$360,000$360,000$307.2124.4
Median1,177$365,000$365,000

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.