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41389 Penn Drive, Palm Desert, CA 92211

$550K3bd · 3ba · 1,725 sqft
Lot 1,541 sqft•HOA $286.96/mo•Condominium•
Active
•48d on market•MLS# PS-26988989

Property Description

Modern University Park Home | Built in 2024. Welcome to this beautifully designed newer construction home in the highly desirable University Park community. This spacious 3-bedroom, 3-bathroom residence offers modern comfort, thoughtful functionality, and a prime location near shopping, dining, entertainment, schools, universities, freeways, hiking trails, and a nearby dog park. Featuring an open-concept floor plan, high ceilings, abundant natural light, and a neutral color palette, the home offers a warm and inviting atmosphere. The upgraded kitchen showcases gray shaker-style cabinetry, quartz countertops, stainless steel appliances, and a generous island perfect for everyday living and entertaining. Laminate, tile, and carpet flooring complement the stylish interior, while ample storage throughout provides added convenience. The thoughtfully designed layout includes a powder room downstairs and all bedrooms upstairs. The spacious primary suite features a walk-in closet, dual vanity, and relaxing soaking tub. A Jack-and-Jill bathroom provides functionality and privacy for the additional upstairs bedrooms. Step outside to enjoy a spacious private patio and yard, offering an ideal setting for outdoor dining, relaxation, or entertaining. Additional features include a 2-car garage, solar, central HVAC, and abundant storage space. Residents also enjoy access to the community pool and spa, with low HOA dues adding to the appeal. Conveniently located near universities, schools, shopping, dining, entertainment, freeway access, hiking trails, and recreational amenities, this home offers the best of modern living in a highly sought-after community. Possible FHA or VA financing, subject to lender and property eligibility. A wonderful opportunity to own a nearly new home combining modern upgrades, flexible living spaces, and exceptional convenience in University Park.

Features & Amenities

FeeBuilt 2024

Property Details

Land Type
Fee
Year Built
2024
Property Type
Residential
Property Subtype
Condominium
Heating
Central, Forced Air
Cooling
Central Air
View
Desert, Pool
Flooring
Carpet, Tile
City
Palm Desert
Zip Code
92211
County
Riverside
Listed byThe Nelson Group, Keith Nelson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,781.10
Principal & Interest
Loan Amount
$440,000
Total Interest
$561,196
Total Payment Over 30 Years
$1,001,196
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

41389 Penn Drive, Palm Desert, CA 92211

Palm Desert · Condominium

$550K
Residential Tier
Beds
3
Baths
3
Sqft
1,725
Lot
1,541 sqft
Year
2024
$/Sqft
$319
Pool: No✓
Spa: No✓
View: desert✓
Garage: 2-car✓

Listed in line with the median closed sale of $550,000. Closed comps sold at 93% of list — buyers have negotiating leverage.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $550K· $319/sqft
Total list price
Closed comps
vs closed median $550K
$0 (0.0%)
Active comps
vs active median $475K
+$75K (+15.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $300
+$19 (+6.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
488 Evergreen AshPalm Desert1989331,8144,527$262$475,000372
348 Vista Royale DrivePalm Desert1989331,8144,344$347$629,7775870
320 Vista Royale DrivePalm Desert1989331,8144,555$259$469,0001470
667 Vista Lago CirclePalm Desert1990331,8144,555$259$469,00018168
673 Vista Lago CirclePalm Desert1990221,3302,614$372$495,0003066
Total: 5 · Average2.82.81,717.24,119$299.8$507,555.457.2
Median1,814$475,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
76305 Columbia DrivePalm Desert202207/16/2026331,72518,731$495,000$495,000$2871.0011282
172 Torrey Pine DrivePalm Desert198909/18/2026331,8140$587,000$515,000$2840.8814076
189 Torrey Pine DrivePalm Desert198905/14/2026331,8140$625,000$592,000$3260.9511974
100 Barcelona LanePalm Desert198307/10/2026331,8740$695,000$615,000$3280.8918569
38361 Gazania CirclePalm Desert199010/02/2026321,6271,764$595,000$550,000$3380.923969
Total: 5 · Average3.02.81,770.810,247.5$553,400$553,400$312.6—119
Median1,814$550,000$550,000

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.