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72302 Merry Vale Way, Palm Desert, CA 92260

$450K2bd · 2ba · 1,428 sqft
Lot 0 sqft•HOA $660/mo•Condominium•
Active
•80d on market•MLS# 219150652

Property Description

Nestled on a quiet cul-de-sac in the highly desirable Sommerset community of South Palm Desert, this beautifully updated single-level residence offers the perfect blend of style, comfort, and effortless desert living. Spanning 1,428 square feet, this inviting home features two spacious bedrooms and two beautifully remodeled bathrooms, thoughtfully designed with contemporary finishes. The bright, open-concept kitchen has been tastefully renovated with sleek quartz countertops, abundant cabinetry, and a generous island ideal for casual dining and entertaining. An adjoining breakfast nook with a built-in desk provides the perfect space for morning coffee or a convenient home office. Polished concrete floors add a sophisticated modern touch while enhancing the home's clean, airy aesthetic. At the heart of the home, a tranquil interior atrium welcomes natural light and features a soothing fountain, creating a peaceful retreat. Step outside to the expansive rear patio, where breathtaking mountain views and lush landscaping provide the perfect setting for outdoor dining, entertaining, or simply relaxing in complete privacy. An enclosed patio offers additional versatile living space and is ideal for pets. Enjoy the exceptional lifestyle Sommerset is known for, with an abundance of community pools, beautifully landscaped grounds, with pickleball and tennis courts, one of the community pools just moments away, and nearby hiking trails showcasing the beauty of the surrounding desert landscape. Additional highlights include custom window treatments, an attached one-car garage plus carport,, and convenient access to Highway 74, minutes from El Paseo's renowned shopping and dining, premier golf, and all that South Palm Desert has to offer.Whether you're looking for a full-time home, seasonal getaway, or investment opportunity, this South Palm Desert condo offers location, views, and updated living in one of the valley's most desirable areas.

Features & Amenities

Property Details

Subdivision
Sommerset South Palm Desert
Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
4
Garage Spaces
1
Heating
Central
Cooling
Air Conditioning, Ceiling Fan(s)
View
Hills, Mountain(s)
Flooring
Concrete
Roof
Foam
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byCompass, Susan J Thomas·310-251-4344

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,275.44
Principal & Interest
Loan Amount
$360,000
Total Interest
$459,160
Total Payment Over 30 Years
$819,160
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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 Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

72302 Merry Vale Way, Palm Desert, CA 92260

Sommerset South Palm Desert · Palm Desert · Condominium

$450K
Affordable Tier
Beds
2
Baths
2
Sqft
1,428
Lot
0 sqft
Year
1979
$/Sqft
$315
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 1-car✓

Listed 20.6% above the median closed sale of $373,000. Price per sqft ($315) is a 14% premium to closed comps ($276).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $450K· $315/sqft
Total list price
Closed comps
vs closed median $373K
+$77K (+20.6%)
Active comps
vs active median $350K
+$100K (+28.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $371
−$56 (−15.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
45711 Verba Santa DrivePalm Desert1979221,1792,892$372$439,0006078
48885 Mariposa DrivePalm Desert1974221,1642,139$614$715,0004776
42837 Scirocco RoadPalm Desert1985221,1743,049$298$349,9006476
77009 Preston TrailPalm Desert1981221,1772,545$280$330,000175
40209 Baltusrol CirclePalm Desert1981221,1772,365$292$344,000275
Total: 5 · Average2.02.01,174.22,598$371.2$435,58034.8
Median1,177$349,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
74192 Santa RosaPalm Desert197909/25/2026221,4592,613$378,000$373,000$2560.9911580
48747 Sageflower LanePalm Desert197409/22/2026221,1841,184$369,900$369,000$3121.0010379
45780 Ocotillo DrivePalm Desert197309/10/2026321,5001,307$468,000$440,000$2930.9410079
77665 Woodhaven DrivePalm Desert198409/30/2026221,3921,295$324,900$315,000$2260.974078
74185 Catalina WayPalm Desert197810/02/2026321,3442,949$409,000$394,500$2940.964978
Total: 5 · Average2.42.01,375.81,869.6$378,300$378,300$276.2—81.4
Median1,392$373,000$373,000

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.