Check Availability
Palm Desert 92260
48500 Opal Drive
$1,895,000
● House - For Sale

48500 Opal Drive

Palm Desert, CA 92260
bedrooms
3 Beds
bathrooms
1 Bath
square feet
3,145 Ft²
$9,431
Est. Monthly
$126
HOA / Fees

About This Property

Welcome to your own private desert resort in The Summit, one of South Palm Desert's most desirable communities. Set on an oversized lot of nearly 0.4 acres, this beautifully reimagined single-level residence offers approximately 3,145 square feet with 3 bedrooms, 3 bathrooms and an attached 3-car garage.Vaulted ceilings, exposed wood beams, skylights and abundant natural light create an impressive sense of openness throughout. Multiple living and entertaining spaces include a dramatic formal living room with a floor-to-ceiling stone fireplace, an expansive family room with a contemporary linear fireplace, and a spacious formal dining area. Hand-scraped wood flooring carries a rich, cohesive look throughout the home.The remodeled kitchen combines striking contemporary design with everyday functionality, featuring sleek two-tone cabinetry, quartz countertops, a professional-style gas range, an oversized island with generous seating and abundant storage. A glass-enclosed wine room adds an unexpected and sophisticated focal point.The spacious primary suite is complemented by a beautifully remodeled bath with dual vanities, a freestanding soaking tub and an oversized glass-enclosed shower. Two additional bedrooms and updated guest baths provide comfortable accommodations for family and guests.Multiple sets of French doors create a seamless connection to the extraordinary backyard. Surrounded by mature palms and lush landscaping, the private grounds feature a resort-style pool with dramatic rock waterfalls, a raised spa, expansive lawn and numerous areas for relaxing and entertaining. A substantial covered patio offers outdoor living and dining spaces, an outdoor fireplace, ceiling fans and a wood-beamed pergola with cafA(c) lighting. Mountain views and thoughtfully designed landscape lighting transform the setting after sunset.Notable improvements include solar installed in 2023, HVAC systems and water heater replaced in 2020, a new pool and spa heater and wireless ScreenLogic controller added in 2021, and a variable-speed pool pump installed in 2022. The HOA includes Spectrum cable and internet. Fee-simple land completes this exceptional offering, capturing the very best of the Palm Desert lifestyle--spacious, private and designed for effortless indoor-outdoor living.
Unit Size
3,145 Ft²
Days on Market
21 days
Land Size
0.39 acres
Price per sqft
$603
Property Type
House
Property Taxes
-
HOA Dues
$126
Year Built
1988

Payment Calculator

Cap Rate Calculator

Last updated: 12 days ago (CRMLS #219153203DA)

Price History

Date / Event Date Event Price
Sep 16, 2026 Listed by Compass $1,895,000
Listed by Compass
Apr 23, 2021 Sold
Sold
Mar 17, 2021 Listed by Coldwell Banker Realty $1,250,000
Listed by Coldwell Banker Realty
Come and see your new Dream Home! This 3 bedroom pool home has been completely luxury upgraded from top to bottom side to side! When arriving at the community of the SUMMIT high up in South Palm Desert with low HOA fee's- you will see this beautiful home located on an oversized nearly a 1/2 of an acre estate lot in the most private serene setting the area has to offer with enormous estate lawns in the back and front and a $200,000 Tessera back yard with pebble tec pool and spa and waterfalls with a fireplace on the patio for entertaining and family fun! Once entering thru the huge front doors you will find that this home has engineered wood floors throughout and a gorgeous luxury kitchen with quartz counters, high end cabinets and a Sub Zero built in refrigerator and commercial Thermador range and ovens. This kitchen is open to both huge living area's that both have fireplaces, and don't miss the walk in temperature controlled wine room! The master bedroom and bathroom are huge and both guest bathrooms have their own bathroom suites with beautiful new stone showers! New heat and air systems and new water heater, and upgraded electrical and plumbing mechanicals throughout the home, and the recessed lighting throughout this home is incredible. 3 car garage.

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Direct Access, Driveway, Garage
Garage Spaces: 3
Open Parking Spaces: 6
Interior Details
Full Bathrooms: 1
Interior Features: Breakfast Bar, Cathedral Ceiling(s), Dry Bar, High Ceilings, Open Floorplan, Recessed Lighting, SeparateFormalDiningRoom, WineCellar
Appliances: Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Softener, Vented Exhaust Fan
Flooring Type: Wood
Door Features: French Doors
Laundry Features: Laundry Room
Has Fireplace
Fireplace Features: Decorative, Gas, Great Room, Living Room, Outside
Exterior Details
Square Footage: 3145
Square Footage Source: $0
Security Features: Prewired, Security Lights
Property Condition: Updated/Remodeled
Year Built Source: Assessor
Year Built: 1988
Levels: One
Window Features: Blinds, Double Pane Windows, Skylight(s)
Patio and Porch Features: Covered
Pool Features: Electric Heat, In Ground, Private
Pool is Private
Lot Features: Back Yard, Corner Lot, Front Yard, Irregular Lot, Landscaped, Lawn, SprinklerSystem
Lot Size Area: 16988
Lot Size Units: Square Feet
Lot Size Acres: 0.39
Lot Size Square Feet: 16988
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Fireplace(s), Natural Gas
Location Details
HOA/Condo/Coop Amenities: Other, Cable TV
HOA Fee: $126
HOA Fee Frequency: Monthly

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 400
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 682
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 4,464
  • Gross Building Area: 4,464
  • Building Area: 3,145
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,145
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT NO 13008
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: LOT 37 MB 106/024 TR 13008

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 045115

Zoning

  • Zoning: PR5

Geography

  • Subdivision Tract Number: 13008
  • Parcel: 652-041-036
  • Lot: 37
  • Municipality: PALM DESERT
  • Latitude: 33.6962
  • Longitude: -116.396

    Address

  • Full Address: 48500 Opal Dr
  • Address - House Number: 48500
  • Address - Street Name: Opal
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C031
  • 4-Digit Zip Code: 6511
  • Zip Code: 92260

Valuation

    Tax

  • Total Area: 3,145
  • Tax Year: 2023
  • Tax Amount: $1,696,442
  • Tax Rate Code Area: 018-075

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 1,469,183
  • High Value: 1,740,112
  • Low Value: 1,198,254

    Market Valuation

  • Market Total Value: $1,116,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,310,904
  • Assessed Land Value: $322,524
  • Assessed Improvements Value: $988,380

    Sales

  • Current Sale Contract Date: Mar 29, 2021
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2021-0253809
  • Previous Sale Recording Date: Apr 22, 2020
  • Previous Sale Contract Date: Apr 21, 2020
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palm Desert


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 73055 Amber Street, PALM DESERT, CA, 92260

$8,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,534 ft²
73055 Amber Street, PALM DESERT, CA, 92260 Listing by Patricia Eppelheimer
Unit for rent at 48910 Noline Place, PALM DESERT, CA, 92260

$7,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,512 ft²
48910 Noline Place, PALM DESERT, CA, 92260 Listing by Blair Armstrong
Unit for rent at 1202 Sandpiper Street, Palm Desert, CA, 92260

$6,950 /mo

  • 2 Beds
  • 1,626 ft²
1202 Sandpiper Street, Palm Desert, CA, 92260 Listing by The Hamilton Real Estate Group


Frequently Asked Questions

When was property at 48500 Opal Drive built and last sold?
The property at 48500 Opal Drive was built in 1988 and last sold on Mar 29, 2021 for $1,260,000.
How much is this home worth?
The estimated value of the home located at 48500 Opal Drive is $1,874,213.
What are some comparable homes to 48500 Opal Drive?
There are currently no comparable homes to 48500 Opal Drive.