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72303 Sommerset Drive, Palm Desert, CA 92260

$389K3bd · 2ba · 1,786 sqft
Lot 2,915 sqft•HOA $660/mo•Condominium•
Active
•18d on market•MLS# 219154416

Property Description

Welcome to Sommerset in Palm Desert, where comfort and tranquility meet. This beautifully situated 3 bedroom, 2 bath condo offers a peaceful and serene desert setting highlighted by an inviting private courtyard that creates a warm and welcoming first impression and provides the perfect space for morning coffee, relaxing or firing up the BBQ. Inside, the thoughtfully designed floor plan, the largest in the community, offers comfortable living areas filled with natural light, ideal for both everyday living and entertaining. A unique blend of privacy and charm while offering a relaxed desert lifestyle within a beautifully maintained community. Large covered patio and located steps from community pool and spa. Residents of Sommerset enjoy well-kept grounds and resort-style amenities, all while being conveniently located just minutes from Palm Desert's premier shopping and dining on El Paseo, and close to world class golf and entertainment. This is an exceptional opportunity to enjoy peaceful desert living in one of the area's most desirable communities. Tennis, Pickleball, Pools, Spas, Greenspace and more.

Features & Amenities

Property Details

Subdivision
Sommerset South Palm Desert
Land Type
Fee
Year Built
1978
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
1
Heating
Central, Forced Air
Cooling
Air Conditioning, Ceiling Fan(s), Central Air
View
Mountain(s), Park/Green Belt
Flooring
Carpet, Laminate
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byHomeSmart, Mike Jeppson·760-668-2904

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,967.00
Principal & Interest
Loan Amount
$311,200
Total Interest
$396,918
Total Payment Over 30 Years
$708,118
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

72303 Sommerset Drive, Palm Desert, CA 92260

Sommerset South Palm Desert · Palm Desert · Condominium

$389K
Affordable Tier
Beds
3
Baths
2
Sqft
1,786
Lot
2,915 sqft
Year
1978
$/Sqft
$218
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 1-car✓

Listed 6.7% below the median closed sale of $417,000. Price per sqft ($218) is a 23% discount to closed comps ($283). Closed comps sold at 95% of list — buyers have negotiating leverage.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $389K· $218/sqft
Total list price
Closed comps
vs closed median $417K
−$28K (−6.7%)
Active comps
vs active median $365K
+$24K (+6.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $298
−$80 (−26.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
72499 Sandstone LanePalm Desert1978221,3203,208$280$369,9003188
48953 Canyon Crest LanePalm Desert1978221,1842,395$363$430,0001778
48734 Desert Flower DrivePalm Desert1972331,3481,307$260$349,9001776
48944 Desert FlowerPalm Desert1973321,3481,411$263$355,0007775
48680 Desert Flower DrivePalm Desert1972221,1181,118$326$364,9007172
Total: 5 · Average2.42.21,263.61,887.8$298.4$373,94042.6
Median1,320$364,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
72509 Sandstone LanePalm Desert197811/26/2025321,6543,049$459,000$440,000$2660.9610290
48590 Oakwood WayPalm Desert197802/18/2026221,4282,613$439,000$425,000$2980.976585
72317 Merry Vale WayPalm Desert197903/02/2026221,3203,049$444,000$417,000$3160.945383
72302 Blueridge CourtPalm Desert197912/16/2025221,3203,049$389,000$365,000$2770.948582
48652 Desert Flower DrivePalm Desert197206/25/2026331,3480$375,000$350,000$2600.937776
Total: 5 · Average2.42.21,4142,940$399,400$399,400$283.4—76.4
Median1,348$417,000$417,000

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.