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35848 Cannon Drive, Palm Desert, CA 92211

$849K4bd · 4ba · 2,694 sqft
Lot 5,197 sqftHOA $250/moSingle Family Residence
Active
140d on marketMLS# 219141635

Property Description

Opportunities like this are rare in Palm Desert—a newer-construction home that combines contemporary design, thoughtful upgrades, and a true sense of community. Located in the highly desirable University Park, this residence was expanded during construction and reflects today's demand for open layouts, energy efficiency, and seamless indoor-outdoor living. From the moment you enter, soaring ceilings, abundant natural light, and mountain views set the tone for a home that feels fresh, current, and move-in ready. The intelligently designed floor plan offers four bedrooms and 3.5 baths,. A guest suite on the main level creates the perfect setup for guests, office, or ideal for multigenerational living. The heart of the home is the open-concept living and entertaining space—exactly what buyers seek in newer construction. The chef's kitchen is both stylish and functional with double ovens, a five-burner cooktop, upgraded countertops, designer backsplash, a large pantry, plus office niche all flowing effortlessly into the dining and living areas. True to modern desert design, the home opens to a resort-style backyard featuring a large salt water pool with tanning shelf, spa, and expansive covered patio—perfectly suited for today's indoor-outdoor lifestyle The primary suite delivers a contemporary retreat with a spacious walk-in closet and spa-inspired bath showcasing dual vanities, a soaking tub, and an oversized walk-in shower. Also Upstairs, two guest rooms and a generous loft currently serves as a media room, offering versatile space rarely found in older Palm Desert homes. Additional highlights include a leased solar system (only $100/mo), reducing your energy costs! Living in University Park also means enjoying The Grove, a resort-style amenity center with resort pool, lap pool, kiddie pool, spas, pickleball and bocce courts, a modern fitness facility, playground, and an event lawn with stage, fire pit, and BBQ areas—designed to bring neighbors together and enhance everyday living. For buyers seeking newer construction in Palm Desert with amenities, this home stands out as a rare opportunity to enjoy modern design, energy efficiency, and a vibrant community—without the wait to build!

Features & Amenities

University ParkFeeBuilt 2021

Property Details

Subdivision
University Park
Land Type
Fee
Year Built
2021
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air, Natural Gas
Cooling
Central Air
View
Mountain(s)
Flooring
Carpet, Tile
Roof
Tile
City
Palm Desert
Zip Code
92211
County
Riverside
Listed byColdwell Banker Realty, Lori Ebeling·760-831-1501

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,293.01
Principal & Interest
Loan Amount
$679,200
Total Interest
$866,282
Total Payment Over 30 Years
$1,545,482
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About University Park

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

View University Park Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

35848 Cannon Drive, Palm Desert, CA 92211

University Park · Palm Desert · Single Family Residence

$849K
Residential Tier
Beds
4
Baths
4
Sqft
2,694
Lot
5,197 sqft
Year
2021
$/Sqft
$315
Pool: Yes
Spa: Yes
View: mountain
Garage: 2-car

Listed 33.6% above the median closed sale of $635,285.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $849K· $315/sqft
Total list price
Closed comps
vs closed median $635K
+$214K (+33.6%)
Active comps
vs active median $749K
+$100K (+13.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $321
$6 (1.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
35815 Mccarthy StreetPalm Desert2022442,3435,467$286$669,9003396
35803 Mccarthy StreetPalm Desert2021432,3045,384$325$749,000194
35764 Cannon DrivePalm Desert2021442,7336,386$329$899,0002493
35782 Mccarthy StreetPalm Desert2022442,3434,596$303$709,9002292
35821 Cannon DrivePalm Desert2021442,3435,841$363$849,90010691
Total: 5 · Average4.03.82,413.25,534.8$321.2$775,54037.2
Median2,343$749,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
41462 Harvey Mudd DrivePalm Desert202205/26/2026432,3895,306$650,000$633,000$2650.978391
212 Paseo Vista CirclePalm Desert200505/22/2026432,5313,920$628,900$618,000$2440.982769
73634 Raphael DrivePalm Desert202505/29/2026432,3124,853$624,868$635,285$2751.024965
41653 Via AregioPalm Desert200506/01/2026442,9529,583$985,000$970,000$3290.9824263
75211 Tubman StreetPalm Desert202605/15/2026553,0479,323$1.07M$1.02M$3360.962460
Total: 5 · Average4.23.62,646.26,597$776,257$776,257$289.885
Median2,531$635,285$635,285

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.