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72499 Sandstone Lane, Palm Desert, CA 92260

$370K2bd · 2ba · 1,320 sqft
Lot 3,049 sqftHOA $660/moCondominium
Active
45d on marketMLS# 219151143

Property Description

Prime Location in the Heart of South Palm Desert! Welcome to the highly sought-after Somerset community. This beautifully maintained 2-bedroom, 2-bath offers an inviting open floor plan with spacious living areas and abundant natural light. Upon entry, you'll appreciate the Saltillo tile flooring complemented by neutral carpet, soaring ceilings, ceiling fans throughout, and shutters that enhance the warm desert charm. The kitchen features tile countertops, white appliances, built-in microwave, and a convenient breakfast nook. The flexible floor plan also includes living room and a separate dining area great for working from home, or additional casual dining. The spacious primary suite features dual vanities, mirrored wardrobe closets, and direct access to the south-facing patio, where you can relax and enjoy beautiful mountain views. The updated guest bathroom has been tastefully remodeled with quartz countertops, a custom-tiled shower, and an upgraded glass shower door, offering both style and functionality. Ideally located just steps from the tennis courts and lush greenbelts, Somerset offers resort-style amenities including swimming pools, spa, tennis courts, and beautifully maintained grounds. Surrounded by championship golf courses and scenic hiking trails, and just minutes from El Paseo, you'll enjoy world-class shopping, fine dining, art galleries, and all that South Palm Desert has to offer. Whether you're looking for a primary residence, seasonal retreat, or vacation home, this is an exceptional opportunity to own a piece of Palm Desert real estate at an exceptional price and enjoy the desert lifestyle at its finest.

Features & Amenities

Property Details

Subdivision
Sommerset South Palm Desert
Land Type
Fee
Year Built
1978
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Air Conditioning, Central Air
View
Mountain(s)
Flooring
Carpet, Tile
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byColdwell Banker Realty, Nicole D Smith·760-296-0241

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,870.42
Principal & Interest
Loan Amount
$295,920
Total Interest
$377,430
Total Payment Over 30 Years
$673,350
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

72499 Sandstone Lane, Palm Desert, CA 92260

Sommerset South Palm Desert · Palm Desert · Condominium

$370K
Affordable Tier
Beds
2
Baths
2
Sqft
1,320
Lot
3,049 sqft
Year
1978
$/Sqft
$280
Pool: Yes
Spa: Yes
View: mountain
Garage: 2-car

Listed in line with the median closed sale of $376,000. Price per sqft ($280) is a 14% discount to closed comps ($324).

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $370K· $280/sqft
Total list price
Closed comps
vs closed median $376K
$6K (1.6%)
Active comps
vs active median $395K
$25K (6.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $406
$126 (31.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
42837 Scirocco RoadPalm Desert1985221,1743,049$298$349,9003781
130 Willow Lake DrivePalm Desert1984221,1380$347$394,50011478
144 Verde WayPalm Desert1987221,0703,920$435$465,0003277
48885 Mariposa DrivePalm Desert1974221,1642,139$614$715,0002077
48840 Desert FlowerPalm Desert1973221,1182,279$335$375,0001376
Total: 5 · Average2.02.01,132.82,846.75$405.8$459,88043.2
Median1,138$394,500

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
77401 Sawgrass CirclePalm Desert198106/26/2026221,1770$380,000$370,000$3140.974181
74146 Catalina WayPalm Desert197805/18/2026221,1453,920$450,000$430,000$3760.964780
40345 Bay Hill WayPalm Desert198106/01/2026221,1772,163$399,000$376,000$3190.944180
75225 Vista CoronaPalm Desert198009/01/2026321,1840$320,000$330,000$2791.036079
77337 Preston TrailPalm Desert198106/25/2026221,1772,613$404,000$390,000$3310.962678
Total: 5 · Average2.22.01,1722,898.667$379,200$379,200$323.843
Median1,177$376,000$376,000

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.