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73062 Monterra Circle South Circle S, Palm Desert, CA 92260

$1.77M3bd · 5ba · 3,225 sqft
Lot 13 sqftHOA $375/moSingle Family Residence
Active
67d on marketMLS# 219145821

Property Description

Elevated Luxury Living in Monterra South Palm Desert Perched on a premier elevated lot in Monterra, this exceptional luxury residence captures breathtaking down-valley vistas, unforgettable sunrises and sunsets, and sparkling starlit desert evenings. Designed for both elegant entertaining and relaxed resort-style living, this 3-bedroom + office, 4.5-bath home seamlessly blends sophistication with comfort. Inside, Italian travertine flooring, custom-crafted woodwork, and expansive walls of glass create an atmosphere of timeless elegance. The beautifully remodeled chef's kitchen is appointed with premium Dacor appliances and a Miele dishwasher, flowing effortlessly into generous indoor and outdoor gathering spaces. Retreat to the luxurious primary suite featuring a fireplace, spa-inspired bath, and direct access to the pool and spa--your own private sanctuary. Expansive sliding doors open to an extraordinary outdoor setting complete with a resort-style pool and spa, fire pit, lush landscaping, mature palms, magnolia trees, and dramatic natural boulders that create both beauty and tranquility. The private office with French doors opening to a serene courtyard offers an inspiring work-from-home setting. Additional features include a 2-car garage plus golf cart garage and a new water heater. Ideally located minutes from The Living Desert Zoo and Gardens and the renowned El Paseo Shopping District, where couture shopping, world-class art galleries, fine dining, and vibrant desert living await. A home designed to impress, entertain, and experience the very best of South Palm Desert living.

Features & Amenities

MonterraFeeBuilt 1989

Property Details

Subdivision
Monterra
Land Type
Fee
Year Built
1989
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
5
Garage Spaces
3
Heating
Central, Fireplace(s), Forced Air, Zoned
Cooling
Air Conditioning, Ceiling Fan(s), Central Air, Zoned
View
City Lights, Mountain(s), Panoramic, Pool, Valley
Flooring
Carpet, Tile
Roof
Tile
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byColdwell Banker Realty, Beverly Howard·760-333-6846

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,975.37
Principal & Interest
Loan Amount
$1,420,000
Total Interest
$1,811,132
Total Payment Over 30 Years
$3,231,132
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Monterra

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

View Monterra Listings

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

73062 Monterra Circle South Circle S, Palm Desert, CA 92260

Monterra · Palm Desert · Single Family Residence

$1.77M
Luxury Tier
Beds
3
Baths
5
Sqft
3,225
Lot
12 sqft
Year
1989
$/Sqft
$550
Pool: Yes
Spa: Yes
View: city
Garage: 3-car

Listed 121.9% above the median closed sale of $799,999. Price per sqft ($550) is a 47% premium to closed comps ($373). Expect a longer timeline — comps averaged 121 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.77M· $550/sqft
Total list price
Closed comps
vs closed median $800K
+$975K (+121.9%)
Active comps
vs active median $1.02M
+$750K (+73.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $511
+$39 (+7.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
245 Kiva CourtPalm Desert1997332,3386,534$1,024$2.40M19947
73754 Kandinsky WayPalm Desert2012332,36111,326$338$799,0009946
36426 Tallowood DrivePalm Desert2000332,4269,148$256$619,9993037
228 White Horse TrailPalm Desert2001342,4303,049$422$1.02M6036
727 Arrowhead DrivePalm Desert2001342,4308,276$514$1.25M6836
Total: 5 · Average3.03.42,3977,666.6$510.8$1.22M91.2
Median2,426$1.02M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
230 AugustaPalm Desert198906/01/2026452,66413,939$799,000$775,000$2910.9714939
525 Indian Ridge DrivePalm Desert199806/03/2026342,7427,841$1.10M$925,000$3370.8415338
197 White Horse TrailPalm Desert199605/26/2026342,7123,049$1.70M$1.70M$6271.003438
74629 Lavender WayPalm Desert199905/29/2026332,5998,276$779,000$750,000$2890.968137
40785 Avenida RosarioPalm Desert199905/14/2026342,47710,019$799,999$799,999$3231.0018737
Total: 5 · Average3.24.02,638.88,624.8$989,999.8$989,999.8$373.4120.8
Median2,664$799,999$799,999

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.