3-web-or-mls-DFKilimajoaro_OPMG_0626_069
1 / 40

72828 Joshua Tree Street, Palm Desert, CA 92260

$1.98M3bd · 4ba · 3,468 sqft
Lot 26,572 sqftSingle Family Residence
Active
2d on marketMLS# 219149148

Property Description

Welcome to 72828 Joshua Tree Street, a remarkable estate nestled on 0.61 acres in the heart of Palm Desert. Offering breathtaking valley views and a serene desert setting, this exceptional property presents a rare opportunity to own a piece of Palm Desert history. The expansive outdoor entertaining area provides the perfect backdrop for relaxing afternoons in the sun or memorable gatherings with family and friends. Rich in architectural significance, the residence was originally commissioned for the distinguished Nordstrom family and designed by renowned architects Walling & McCallum. Lovingly maintained through the years by the esteemed Nordstrom family, the home exudes an enduring old-world charm that continues to define the property today. While awaiting renovation, this classic estate offers an extraordinary opportunity for buyers and investors to create something truly special. Conceptual renovation renderings have been thoughtfully designed by acclaimed Palm Springs architect Brandon Newell of Cioffi Designs, showcasing the potential to blend modern amenities with the timeless elegance for which the home is known. Whether envisioned as a full-time residence, a luxurious desert retreat, or an exceptional investment opportunity, this iconic estate is rich with possibilities. With its spectacular views, architectural pedigree, and prime location, 72828 Joshua Tree Street offers a rare chance to restore a landmark property and enjoy all that Palm Desert has to offer. Don't miss the opportunity to own a treasured piece of Palm Desert history--an estate whose beauty, heritage, and location are truly unmatched.

Features & Amenities

Not ApplicableFeeBuilt 1973

Property Details

Subdivision
Not Applicable
Land Type
Fee
Year Built
1973
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central, Forced Air, Natural Gas
Cooling
Air Conditioning, Central Air
View
Mountain(s)
Flooring
Carpet, Tile
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byColdwell Banker Realty, Denise Francis·760-861-9347

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$10,011.96
Principal & Interest
Loan Amount
$1,584,000
Total Interest
$2,020,305
Total Payment Over 30 Years
$3,604,305
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

72828 Joshua Tree Street, Palm Desert, CA 92260

Not Applicable · Palm Desert · Single Family Residence

$1.98M
Luxury Tier
Beds
3
Baths
4
Sqft
3,468
Lot
26,572 sqft
Year
1973
$/Sqft
$571
Pool: Yes
Spa: Yes
View: mountain
Garage: 3-car

Listed 46.7% above the median closed sale of $1,350,000. Price per sqft ($571) is a 32% premium to closed comps ($432). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.98M· $571/sqft
Total list price
Closed comps
vs closed median $1.35M
+$630K (+46.7%)
Active comps
vs active median $1.60M
+$381K (+23.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $587
$16 (2.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
72328 Bajada TrailPalm Desert2006342,98511,326$970$2.90M5072
73042 Willow StreetPalm Desert1957442,91013,068$653$1.90M2371
73198 Loma Vista LanePalm Desert1993443,05411,326$524$1.60M5471
75795 Nelson LanePalm Desert1999443,10211,761$403$1.25M17671
41745 Harrison DrivePalm Desert1993353,12010,454$385$1.20M3371
Total: 5 · Average3.64.23,034.211,587$587$1.77M67.2
Median3,054$1.60M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
43170 Warner TrailPalm Desert197906/03/2026443,12123,087$1.45M$1.39M$4450.965591
73043 Monterra CirclePalm Desert198805/29/2026353,22518,295$1.55M$1.35M$4190.8712079
41653 Via AregioPalm Desert200506/01/2026442,9529,583$985,000$970,000$3290.9824268
72920 Homestead RoadPalm Desert196406/05/2026443,07912,197$2.00M$1.95M$6330.978664
36002 Bertain DrivePalm Desert202105/11/2026442,9255,606$999,990$980,000$3350.986264
Total: 5 · Average3.84.23,060.413,753.6$1.33M$1.33M$432.2113
Median3,079$1.35M$1.35M

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.