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48665 Moon Terrace Lane, Palm Desert, CA 92260

$519K2bd · 2ba · 1,184 sqft
Lot 2,178 sqftHOA $604/moCondominium
Active
126d on marketMLS# 219142567

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
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
$2,624.35
Principal & Interest
Loan Amount
$415,200
Total Interest
$529,565
Total Payment Over 30 Years
$944,765
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 · 3 active · 5 closed

48665 Moon Terrace Lane, Palm Desert, CA 92260

Indian Hills-880 · Palm Desert · Condominium

$519K
Affordable Tier
Beds
2
Baths
2
Sqft
1,184
Lot
2,178 sqft
Year
1974
$/Sqft
$438
Pool: Yes
Spa: Yes
Garage: 1-car

Listed 38.0% above the median closed sale of $376,000. Price per sqft ($438) is a 43% premium to closed comps ($307).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $519K· $438/sqft
Total list price
Closed comps
vs closed median $376K
+$143K (+38.0%)
Active comps
vs active median $549K
$30K (5.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $443
$5 (1.2%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
72487 Rolling Knoll DrivePalm Desert1974221,1842,178$495$585,90035100
48980 Wildwood LanePalm Desert1978221,1842,613$371$439,0001597
72600 Moonridge LanePalm Desert1974221,1841,307$464$549,0002997
Total: 3 · Average2.02.01,1842,032.667$443.333$524,633.33326.333333333333332
Median1,184$549,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
40345 Bay Hill WayPalm Desert198106/01/2026221,1772,163$399,000$376,000$3190.944182
40667 La Costa CirclePalm Desert198105/29/2026221,1772,613$425,000$419,000$3560.994481
77247 OlympicPalm Desert198105/12/2026221,1770$369,000$365,000$3100.998281
278 Tolosa CirclePalm Desert197905/21/2026221,3472,613$445,000$425,000$3160.956577
43733 Avenida AlicantePalm Desert198406/05/2026221,2910$310,000$300,000$2320.973777
Total: 5 · Average2.02.01,233.82,463$377,000$377,000$306.653.8
Median1,177$376,000$376,000

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.