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Desert Palms 92211
78251 Rainbow Drive
Listed by: Michael Horne, Compass
$850,000
● House - Off Market

78251 Rainbow Drive

Palm Desert, CA 92211
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,640 Ft²
$4,804
Est. Monthly
$390
HOA / Fees
6.82%
Cap Rate

About This Property

Sun City Palm Desert- St. Tropez. Located in one of Sun City's premier locations; Rainbow Drive is the former model street, this incredibly popular great room home has some of the best views in Sun City. The south facing rear yard provides views down the 10th, 11th and 12th fairways as well as panoramic mountain views. A gated front courtyard, stacked stone accents and etched glass doors provide curb appeal. Inside, 12ft ceilings are in the greatroom and foyer. An octagon shaped coffered ceiling with skylights is in the foyer. The golf cart garage was transformed into a 2nd guest suite allowing for visits of friends and family. The greatroom features a corner gas fireplace (light by flicking a switch), a seated wet bar w/fridge & granite counter. The kitchen features a long breakfast bar, granite counters w/tile backsplash, double wall ovens and recessed lighting. The spacious primary suite has 10ft ceilings, a door to the rear patio and a large walk-in closet. The primary suite bathroom has dual sinks, an oversized tub and a stall shower. The extended guest suite has a shower/tub in its bathroom. French doors lead from the greatroom to the den/office which then leads to the 2nd guest suite. The laundry room has ample storage and a utility sink.
Unit Size
2,640 Ft²
Days on Market
71 days
Land Size
0.18 acres
Price per sqft
$341
Property Type
House
Property Taxes
-
HOA Dues
$390
Year Built
2004

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Last updated: 3 years ago (CRMLS #219105357DA)

Price History

Date / Event Date Event Price
Mar 28, 2024 Sold
Sold
Jan 15, 2024 Listed by Compass $899,000
Listed by Compass

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 680
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 101

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 3,660
  • Gross Building Area: 3,660
  • Building Area: 2,640
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,640
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 338M74
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: .18 ACRES M/L IN LOT 2 MB 338/074 TR 31227

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 051402

Zoning

  • Zoning: SPZONE

Geography

  • Subdivision Tract Number: 31227
  • Parcel: 748-130-042
  • Lot: 2
  • Municipality: DESERT SANDS
  • Latitude: 33.7738
  • Longitude: -116.296

    Address

  • Full Address: 78251 Rainbow Dr
  • Address - House Number: 78251
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: R085
  • 4-Digit Zip Code: 1369
  • Zip Code: 92211

Valuation

    Tax

  • Total Area: 2,640
  • Tax Year: 2023
  • Tax Amount: $1,064,356
  • Tax Rate Code Area: 075-135

    Appraisal Valuation

  • Standard Deviation: 0.0768
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 94
  • Final Value: 834,180
  • High Value: 898,310
  • Low Value: 770,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $838,375
  • Assessed Land Value: $284,237
  • Assessed Improvements Value: $554,138

    Sales

  • Current Sale Contract Date: Mar 15, 2024
  • Current Sale Recording Date: Mar 28, 2024
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 90499
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 Desert Palms


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Frequently Asked Questions

When was property at 78251 Rainbow Drive built and last sold?
The property at 78251 Rainbow Drive was built in 2004 and last sold on Mar 15, 2024 for $850,000.
How much is this home worth?
The estimated value of the home located at 78251 Rainbow Drive is $0.
What are some comparable homes to 78251 Rainbow Drive?
There are currently no comparable homes to 78251 Rainbow Drive.