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72631 Homestead Road, Palm Desert, CA 92260

$1.38M3bd · 4ba · 2,533 sqft
Lot 10,890 sqft•Single Family Residence•
Active
•13d on market•MLS# 219152978

Property Description

Welcome to 72631 Homestead Road, an exceptional private retreat located in highly desirable South Palm Desert, just behind El Paseo. This beautifully upgraded South facing 3-bedroom, 4-bath house blends luxury, privacy, and effortless desert living with a resort-style pool and spa and an impressive collection of recent improvements. Fully upgraded in 2011, the home has continued to be thoughtfully enhanced, including a beautifully updated kitchen in 2024. The outdoor living space is designed for both relaxation and entertaining, featuring a pool and spa refreshed in 2024 with upgraded equipment, new tile, and a pebble tec finish. A double outdoor shower with a tankless water heater adds another luxurious touch to the poolside experience. Major improvements include a new roof installed in 2023 and fully PAID Solar, providing added efficiency and long-term value. New driveway pavers were installed in 2023, enhancing the home's curb appeal and sense of arrival. In 2026, electronic gates were added at both the property entrance and pull-through entrance, offering additional privacy and convenience. With its sought-after South Palm Desert location behind El Paseo, 72631 Homestead Road presents a rare opportunity to enjoy elevated desert living just moments from world-class shopping, dining, and entertainment.

Features & Amenities

SummitFeeBuilt 1987

Property Details

Subdivision
Summit
Land Type
Fee
Year Built
1987
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
5
Garage Spaces
3
Heating
Central
Cooling
Ceiling Fan(s), Central Air
View
Mountain(s)
Flooring
Laminate
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byeXp Realty of California, Inc., Ahu Kocaballi·760-216-0212

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,972.97
Principal & Interest
Loan Amount
$1,103,200
Total Interest
$1,407,071
Total Payment Over 30 Years
$2,510,271
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Summit

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

View Summit Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

72631 Homestead Road, Palm Desert, CA 92260

Summit · Palm Desert · Single Family Residence

$1.38M
Residential Tier
Beds
3
Baths
4
Sqft
2,533
Lot
10,890 sqft
Year
1987
$/Sqft
$544
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 3-car✓

Listed 129.8% above the median closed sale of $600,000. Price per sqft ($544) is a 81% premium to closed comps ($300).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.38M· $544/sqft
Total list price
Closed comps
vs closed median $600K
+$779K (+129.8%)
Active comps
vs active median $870K
+$509K (+58.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $437
+$107 (+24.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
103 Batista CourtPalm Desert2005443,13810,454$277$870,00016465
48485 Old Stone TrailPalm Desert2026342,8488,276$934$2.66M27865
14 Belmonte DrivePalm Desert1992332,4669,148$332$819,00019164
35764 Cannon DrivePalm Desert2021442,7336,386$318$869,00015163
106 Batista CourtPalm Desert2005442,67710,019$325$869,90031161
Total: 5 · Average3.63.82,772.48,856.6$437.2$1.22M219
Median2,733$869,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
72817 Skyward WayPalm Desert197809/21/2026342,7629,583$640,000$600,000$2170.945873
74744 Yucca Tree DrivePalm Desert200209/21/2026342,33911,761$925,000$865,000$3700.9410372
77696 Westbrook CourtPalm Desert199010/08/2026332,2207,841$798,000$815,000$3671.0210470
75179 Santa Fe TrailPalm Desert198810/02/2026432,1448,276$575,000$555,000$2590.9616168
75179 La Sierra DrivePalm Desert198810/01/2026331,9327,405$544,440$550,000$2851.013568
Total: 5 · Average3.23.42,279.48,973.2$677,000$677,000$299.6—92.2
Median2,220$600,000$600,000

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.