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1 Verde Way, Palm Desert, CA 92260

$499K3bd · 2ba · 1,350 sqft
Lot 3,485 sqftHOA $880/moCondominium
Active
229d on marketMLS# PS-25626581

Property Description

Price reduction! Renovated Silver Sands Racquet Club home corner lot with mountain views. Move-in ready 2 bedroom, 3 bath Palm Desert home plus bonus room on a premium corner lot in Silver Sands Racquet Club. Bright open great room features vaulted ceilings, fireplace, and walls of windows framing southwest mountain views. Two primary suites for privacy, each with ensuite bath and generous closets. Updated kitchen with plentiful cabinetry, pantry storage, and open layout ideal for entertaining. Covered patio perfect for outdoor dining or morning coffee with sweeping desert vistas. Community highlights: 15 heated pools and spas, 8 lighted tennis courts, clubhouse, fitness center, library, and active social calendar. Prime Palm Desert location close to El Paseo shopping and dining, world-class golf courses, hiking, and resorts. Low-maintenance desert landscaping and easy access to casinos and desert attractions. This upgraded desert retreat offers style, comfort, and the sought-after Silver Sands lifestyle. Schedule a private showing today.

Features & Amenities

Silver Sands RCFeeBuilt 1983

Property Details

Subdivision
Silver Sands RC
Land Type
Fee
Year Built
1983
Property Type
Residential
Property Subtype
Condominium
Heating
Central, Fireplace(s)
Cooling
Central Air
View
Mountain(s), Park/Greenbelt
Flooring
Carpet
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byBeverly Hills Fine Homes, Fatima Nordquist

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 Silver Sands RC

This property is located in Silver Sands RC, a community in Palm Desert. Explore more listings in this neighborhood to compare options and pricing.

View Silver Sands RC Listings

Comparative Market Analysis

Affordable Tier · 3 active · 3 closed

1 Verde Way, Palm Desert, CA 92260

Silver Sands RC · Palm Desert · Condominium

$499K
Affordable Tier
Beds
3
Baths
2
Sqft
1,350
Lot
3,485 sqft
Year
1983
$/Sqft
$370
Pool: Yes
Spa: Yes
View: mountain

Listed 33.1% above the median closed sale of $375,000. Price per sqft ($370) is a 31% premium to closed comps ($283).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $499K· $370/sqft
Total list price
Closed comps
vs closed median $375K
+$124K (+33.1%)
Active comps
vs active median $375K
+$124K (+33.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $346
+$24 (+6.9%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
109 Verde WayPalm Desert1987221,4214,356$352$500,00012287
16 San Felipe DrivePalm Desert1986221,0703,920$350$375,0007285
152 Verde WayPalm Desert1987221,0704,356$336$359,00021979
Total: 3 · Average2.02.01,1874,210.667$346$411,333.333137.66666666666666
Median1,070$375,000

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
67 Verde WayPalm Desert198705/20/2026221,2123,920$375,000$375,000$3091.003288
11 Marbella LanePalm Desert198405/13/2026221,0804,356$299,000$299,000$2771.002685
5 Acapulco Drive DrivePalm Desert198106/05/2026321,8504,356$499,000$489,000$2640.983484
Total: 3 · Average2.32.01,380.6674,210.667$387,666.667$387,666.667$283.33330.666666666666668
Median1,212$375,000$375,000

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.