45468 Panorama Drive, Palm Desert, CA 92260
45468 Panorama Drive, Palm Desert, CA 92260
Property Description
Attention Investors! Discover this newly remodeled mid-century gem, perfect for short-term rentals in Palm Desert. One of the few properties in the area with unique R-3 zoning, allowing for short-term rental opportunities. This stylish 2 bed/2 bath home features a private pool with a new heater, owned solar, and extensive updates that will impress any guest. Enjoy updated flooring, kitchen and bathrooms, all complemented by a professionally designed interior and new furniture. Every detail is crafted to welcome guests into your beautifully appointed retreat. The chic backyard boasts a large pool and stunning views, ideal for soaking up the sun and entertaining. Conveniently located just minutes from El Paseo, with access to the best shopping and dining in town, this property is a prime investment opportunity. Don't miss out on this turn-key, rental-ready home!
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Not Applicable · Palm Desert · Single Family Residence
Listed 85.4% above the median closed sale of $374,900. Price per sqft ($624) is a 129% premium to closed comps ($272). Closed comps sold at 81% of list — buyers have negotiating leverage.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 43255 Illinois Avenue | Palm Desert | 1962 | 2 | 2 | 1,262 | 6,098 | $341 | $430,000 | 136 | 88 |
| 42660 Iowa Street | Palm Desert | 1961 | 2 | 2 | 1,064 | 6,534 | $383 | $408,000 | 260 | 85 |
| 72629 Pitahaya Street | Palm Desert | 1962 | 2 | 2 | 1,253 | 6,970 | $498 | $624,000 | 140 | 82 |
| 77570 California Drive | Palm Desert | 1961 | 3 | 2 | 1,547 | 6,098 | $265 | $410,000 | 107 | 78 |
| 40560 Golden Way | Palm Desert | 1980 | 2 | 2 | 1,248 | 4,792 | $328 | $409,900 | 182 | 77 |
| Total: 5 · Average | 2.2 | 2.0 | 1,274.8 | 6,098.4 | $363 | $456,380 | 165 | |||
| Median | 1,253 | $410,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 43415 Illinois Avenue | Palm Desert | 1962 | 09/08/2026 | 2 | 2 | 1,140 | 6,098 | $399,900 | $395,000 | $346 | 0.99 | 35 | 91 |
| 42605 Warner | Palm Desert | 1961 | 09/16/2026 | 2 | 2 | 1,064 | 7,405 | $340,000 | $40,000 | $38 | 0.12 | 14 | 89 |
| 38406 Brandywine Avenue | Palm Desert | 1994 | 09/04/2026 | 2 | 2 | 1,157 | 6,534 | $374,900 | $374,900 | $324 | 1.00 | 63 | 79 |
| 78637 Rockwell Circle | Palm Desert | 2003 | 08/28/2026 | 2 | 2 | 1,128 | 4,356 | $329,000 | $319,000 | $283 | 0.97 | 36 | 77 |
| 78458 Winsford Circle | Palm Desert | 2002 | 08/31/2026 | 2 | 2 | 1,080 | 4,356 | $407,000 | $400,000 | $370 | 0.98 | 54 | 77 |
| Total: 5 · Average | 2.0 | 2.0 | 1,113.8 | 5,749.8 | $305,780 | $305,780 | $272.2 | — | 40.4 | ||||
| Median | 1,128 | $374,900 | $374,900 | ||||||||||
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.