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48963 Canyon Crest Lane, Palm Desert, CA 92260

$499K2bd · 2ba · 1,184 sqft
Lot 2,384 sqft•HOA $642/mo•Condominium•
Active
•141d on market•MLS# 219149017

Property Description

Motivated Seller Just Dropped the price! Experience elevated desert living in this stunning Indian Hills condo, featuring a high-end designer remodel completed in 2022. The beautifully appointed kitchen showcases custom cabinetry with soft-close drawers, quartz countertops, premium stainless steel Kitchenaid appliances, including a gas stove. Tile floors throughout, a stacked-stone fireplace, a custom built-in bar area in the living room, clerestory windows, and a vaulted dining area ceiling create a bright, inviting interior. Spa-like bathrooms feature Toto toilets, brushed nickel fixtures, quartz countertop and custom framed mirrors. A new Carrier HVAC system, new sliding glass doors, and a new kitchen window further enhance comfort and appeal. Enjoy fabulous western mountain views and a setting overlooking one of the community pools. A private gated courtyard entry, single-car garage, and separate carport complete this exceptional home. Ideally located in prime South Palm Desert, Indian Hills offers six community pools, five spas, tennis, and pickleball courts--all just minutes from El Paseo's renowned shopping and dining. Discover beautifully finished, move-in-ready living in this sought-after desert community. Please note that some of the property photos have been virtually staged. The seller is related to the listing agent.

Features & Amenities

Indian Hills-880FeeBuilt 1978

Property Details

Subdivision
Indian Hills-880
Land Type
Fee
Year Built
1978
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
4
Garage Spaces
1
Heating
Forced Air, Natural Gas
Cooling
Central Air
View
Mountain(s), Park/Green Belt, Pool
Flooring
Tile
Roof
Composition
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byHomeSmart, Robin L Black·760-774-7877

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,523.22
Principal & Interest
Loan Amount
$399,200
Total Interest
$509,158
Total Payment Over 30 Years
$908,358
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

48963 Canyon Crest Lane, Palm Desert, CA 92260

Indian Hills-880 · Palm Desert · Condominium

$499K
Affordable Tier
Beds
2
Baths
2
Sqft
1,184
Lot
2,384 sqft
Year
1978
$/Sqft
$421
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 1-car✓

Listed 13.4% above the median closed sale of $440,000. Price per sqft ($421) is a 39% premium to closed comps ($302).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $499K· $421/sqft
Total list price
Closed comps
vs closed median $440K
+$59K (+13.4%)
Active comps
vs active median $510K
−$11K (−2.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $419
+$2 (+0.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
48953 Canyon Crest LanePalm Desert1978221,1842,395$363$430,00017100
72590 Moonridge LanePalm Desert1974221,1842,178$448$530,0002597
48665 Moon Terrace LanePalm Desert1974221,1842,178$431$510,0003195
72600 Moonridge LanePalm Desert1974221,1841,307$460$544,5001694
48940 Phlox PlacePalm Desert1974221,2142,178$395$479,000680
Total: 5 · Average2.02.01,1902,047.2$419.4$498,70019
Median1,184$510,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
48590 Oakwood WayPalm Desert197802/18/2026221,4282,613$439,000$425,000$2980.976578
72580 Moonridge LanePalm Desert197402/24/2026321,5483,679$499,000$468,000$3020.946876
72732 Tony Trabert LanePalm Desert197904/24/2026321,170436$450,000$440,000$3760.985073
72509 Sandstone LanePalm Desert197811/26/2025321,6543,049$459,000$440,000$2660.9610270
72930 Mesa View DrivePalm Desert197311/28/2025231,6372,178$475,000$439,000$2680.928769
Total: 5 · Average2.62.21,487.42,391$442,400$442,400$302—74.4
Median1,548$440,000$440,000

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.