72339 Canyon Lane, Palm Desert, CA 92260
72339 Canyon Lane, Palm Desert, CA 92260
Property Description
72339 Canyon Lane - Where Palm Desert Elegance Meets Everyday Luxury Discover your meticulously maintained sanctuary in the coveted Somerset South community, where hillside living and breathtaking mountain views define the authentic Palm Desert experience. This pristine residence offers sophisticated comfort and prime location—just moments above legendary El Paseo. A Home Designed for Desert Living Step inside to discover a thoughtfully upgraded interior where every detail shines. The coveted south-facing patio captures stunning west-facing mountain views, flooding your home with natural light and the warm desert glow that makes Palm Desert living special. Soaring 9-foot ceilings create an airy ambiance, while elegant crown molding and custom plantation shutters throughout add refined sophistication. The open-concept living and dining areas flow seamlessly—ideal for hosting intimate gatherings or enjoying quiet evenings with mountain vistas as your backdrop. The inviting kitchen features gleaming granite countertops, stainless steel appliances, and generous storage. Front and rear patios provide versatile retreats for morning coffee or sunset cocktails surrounded by serene desert beauty. The two-car attached garage adds everyday convenience to this turnkey residence. The Somerset Advantage Somerset South elevates desert living with 11 sparkling community pools and spas nestled within lush, rolling greenbelts. Stay active with 3 tennis courts and 4 pickleball courts, or stroll the beautifully landscaped grounds of this distinguished hillside community. Steps to El Paseo Your location is extraordinary. Positioned just above world-renowned El Paseo—the 'Rodeo Drive of the Desert'—you're minutes from over 300 luxury boutiques, acclaimed restaurants, and celebrated galleries. Championship golf, the McCallum Theatre, and year-round festivals complete your Palm Desert lifestyle. Immaculate & Ready This pre-loved home has been impeccably maintained as a smoke-free, pet-free sanctuary—ready for you to unpack and start living the Palm Desert dream from day one. This is the home you've been waiting for. Welcome to Somerset living at its finest.
Features & Amenities
Property Details
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About Sommerset South Palm Desert
This property is located in Sommerset South Palm Desert, a community in Palm Desert. Explore more listings in this neighborhood to compare options and pricing.
View Sommerset South Palm Desert ListingsComparative Market Analysis
Affordable Tier · 5 active · 5 closed
Sommerset South Palm Desert · Palm Desert · Condominium
Listed 42.5% below the median closed sale of $765,000. Price per sqft ($266) is a 34% discount to closed comps ($403).
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 73497 Foxtail Lane | Palm Desert | 1980 | 2 | 2 | 1,373 | 1 | $437 | $599,999 | 71 | 76 |
| 77860 Woodhaven Drive | Palm Desert | 1984 | 2 | 2 | 1,392 | 1,742 | $262 | $365,000 | 69 | 75 |
| 109 Verde Way | Palm Desert | 1987 | 2 | 2 | 1,421 | 4,356 | $387 | $550,000 | 80 | 74 |
| 290 Vista Royale Circle | Palm Desert | 1989 | 2 | 2 | 1,360 | 4,375 | $264 | $359,000 | 13 | 74 |
| 786 Montana Vista Drive | Palm Desert | 1991 | 2 | 2 | 1,360 | 3,944 | $367 | $499,000 | 17 | 73 |
| Total: 5 · Average | 2.0 | 2.0 | 1,381.2 | 2,883.6 | $343.4 | $474,599.8 | 50 | |||
| Median | 1,373 | $499,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 48644 Wolfberry Court | Palm Desert | 1983 | 05/29/2026 | 3 | 2 | 1,621 | 4,356 | $959,000 | $925,000 | $571 | 0.96 | 28 | 84 |
| 111 Conejo Circle | Palm Desert | 1984 | 05/28/2026 | 3 | 2 | 1,759 | 3,484 | $785,000 | $765,000 | $435 | 0.97 | 41 | 82 |
| 48826 Cassia Place | Palm Desert | 1977 | 05/18/2026 | 2 | 2 | 1,681 | 4,791 | $883,000 | $883,000 | $525 | 1.00 | 49 | 81 |
| 44459 Baden Court | Palm Desert | 1980 | 05/26/2026 | 3 | 2 | 1,584 | 5,227 | $420,000 | $419,000 | $265 | 1.00 | 33 | 81 |
| 329 Sierra Madre | Palm Desert | 1979 | 06/05/2026 | 2 | 2 | 1,584 | 2,614 | $395,000 | $350,000 | $221 | 0.89 | 80 | 81 |
| Total: 5 · Average | 2.6 | 2.0 | 1,645.8 | 4,094.4 | $668,400 | $668,400 | $403.4 | — | 46.2 | ||||
| Median | 1,621 | $765,000 | $765,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.