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48665 Moon Terrace Lane, Palm Desert, CA 92260

$510K2bd · 2ba · 1,184 sqft
Lot 2,178 sqft•HOA $642/mo•Condominium•
Active
•32d on market•MLS# 219153550

Property Description

Charming South Palm Desert Condo is NOW on the market! Discover your dream home in the heart of Palm Desert, located just below the prestigious Bighorn Golf Club. This beautifully maintained condo is move-in ready - just bring your suitcase! It is nestled in the charming community of Indian Hills and offers the perfect blend of tranquility and convenience. Surrounded by mature trees and lush greenery, residents enjoy resort-style amenities, including pools, spas, tennis, and pickle-ball courts. Love the outdoors? Hiking, biking, and nature trails are right outside your door. Prefer city life? Upscale shopping and fine dining on El Paseo are just two miles away. Catch a show at the McCallum Theatre or take a scenic drive to Idyllwild--this location has it all! This beautifully appointed condo is offered turn-key furnished. Inside, you'll find: 2 bedrooms, 2 bathrooms - thoughtfully designed for comfort and style: Chef's kitchen - opens to the lovely great-room and perfect for entertaining: Outdoor Living at Its Best: surrounded by breathtaking desert scenery. Fire up the grill, unwind with your beverage of choice and soak in the stunning mountain backdrop. Indian Hills is a hidden gem--don't miss this opportunity! Schedule your visit today.

Features & Amenities

Indian Hills-880FeeBuilt 1974

Property Details

Subdivision
Indian Hills-880
Land Type
Fee
Year Built
1974
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Peek-A-Boo
Flooring
Vinyl, Tile
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byBennion Deville Homes, Tommi Lennon·760-880-4623

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,578.84
Principal & Interest
Loan Amount
$408,000
Total Interest
$520,382
Total Payment Over 30 Years
$928,382
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Indian Hills-880

This property is located in Indian Hills-880, a community in Palm Desert. Explore more listings in this neighborhood to compare options and pricing.

View Indian Hills-880 Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

48665 Moon Terrace Lane, Palm Desert, CA 92260

Indian Hills-880 · Palm Desert · Condominium

$510K
Affordable Tier
Beds
2
Baths
2
Sqft
1,184
Lot
2,178 sqft
Year
1974
$/Sqft
$431
Pool: No✓
Spa: No✓
View: Peek-A-Boo✓
Garage: 1-car✓

Listed 9.0% above the median closed sale of $468,000. Price per sqft ($431) is a 52% premium to closed comps ($283).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $510K· $431/sqft
Total list price
Closed comps
vs closed median $468K
+$42K (+9.0%)
Active comps
vs active median $529K
−$19K (−3.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $391
+$40 (+10.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
72590 Moonridge LanePalm Desert1974221,1842,178$448$530,0002599
72600 Moonridge LanePalm Desert1974221,1841,307$460$544,5001697
48963 Canyon Crest LanePalm Desert1978221,1842,384$421$499,00013996
48435 Alamo DrivePalm Desert1973321,6372,303$305$499,0004574
48245 Racquet LanePalm Desert1973321,6372,178$323$529,00017071
Total: 5 · Average2.42.01,365.22,070$391.4$520,30079
Median1,184$529,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
72580 Moonridge LanePalm Desert197402/24/2026321,5483,679$499,000$468,000$3020.946879
72930 Mesa View DrivePalm Desert197311/28/2025231,6372,178$475,000$439,000$2680.928771
48275 Racquet LanePalm Desert197303/03/2026321,8232,178$499,000$489,000$2680.988269
72509 Sandstone LanePalm Desert197811/26/2025321,6543,049$459,000$440,000$2660.9610268
72516 Sandstone LanePalm Desert197812/29/2025321,6543,049$525,000$517,000$3130.986867
Total: 5 · Average2.82.21,663.22,826.6$470,600$470,600$283.4—81.4
Median1,654$468,000$468,000

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.