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40729 Preston Trail, Palm Desert, CA 92211

$345K2bd · 2ba · 1,184 sqft
Lot 2,441 sqft•HOA $891/mo•Condominium•
Active
•72d on market•MLS# 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: No✓
Spa: No✓
View: golf✓

Listed 5.5% below the median closed sale of $365,000.

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 $359K
−$14K (−3.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $307
−$16 (−5.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
40523 Preston TrailPalm Desert1983221,1842,516$312$369,9002299
77409 Preston TrailPalm Desert1981221,1772,317$297$349,0003097
40432 Bay Hill WayPalm Desert1981221,1772,614$331$390,0001796
40209 Baltusrol CirclePalm Desert1981221,1772,365$292$344,0002496
40289 Preston TrailPalm Desert1983221,1842,471$303$359,0005295
Total: 5 · Average2.02.01,179.82,456.6$307$362,38029
Median1,177$359,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
77247 OlympicPalm Desert198105/12/2026221,1770$369,000$365,000$3100.998395
41495 Preston TrailPalm Desert198708/03/2026221,1412,614$395,000$340,000$2980.8613792
77277 Olympic WayPalm Desert198106/29/2026221,1770$379,000$365,000$3100.9617992
77337 Preston TrailPalm Desert198106/25/2026221,1772,613$404,000$390,000$3310.962790
77401 Sawgrass CirclePalm Desert198106/26/2026221,1770$380,000$370,000$3140.974290
Total: 5 · Average2.02.01,169.82,613.5$366,000$366,000$312.6—93.6
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.