When was property at 78264 Rainbow Drive built and last sold?

The property at 78264 Rainbow Drive was built in 1992 and last sold on Sep 25, 2019 for $33,229,090.

How much is this home worth?

The estimated value of the home located at 78264 Rainbow Drive is $476,922.

What are some comparable homes to 78264 Rainbow Drive?

There are currently no comparable homes to 78264 Rainbow Drive.

Desert Palms

92211

78264 Rainbow Drive

$445,000

● House - Off Market

78264 Rainbow Drive

Palm Desert, CA 92211

2 Beds

2 Baths

1,790 Ft²

$2,750

Est. Monthly

$442

HOA / Fees

5.51%

Cap Rate

About This Property

Sun City Palm Desert- Amethyst. This beautiful home is located on the former model, a short distance to the Mountain View Clubhouse, Fitness Center and Indoor Pool. The home has a spectacular north facing rear yard that features an spacious flagstone patio, BBQ island w/quartz counter top & stacked stone accents; all in a lush park-like setting. A gated front courtyard provides curb appeal. Furniture available outside of escrow. Inside, 10-foot ceilings and transom window provide a light and open environment. 18 inch diagonally lay tile is throughout. The kitchen has corian counters, raised panel cabinets with pulled out shelves and a wall-oven. The primary suite has a large walk-in closet with mirrored wardrobe doors. The primary suite bathroom has dual sinks, a stall shower, oversized tub and huge skylight. A tub/shower is in the guest bathroom. The guest bedroom has shutters. Furniture available outside of escrow. The 2-car garage has built-in storage and its own AC. Home AC is new 2018.

Unit Size

1,790 Ft²

Days on Market

55 days

Land Size

0.13 acres

Price per sqft

$263

Property Type

House

Property Taxes

HOA Dues

$442

Year Built

1992

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (CRMLS #219133716DA)

Price History

Date / Event	Date	Event
Oct 1, 2025	Sold	Premium
Sold
Aug 31, 2025	In contract	-
In contract
Aug 7, 2025	Listed by Compass	$469,900
Listed by Compass
Jun 11, 2025	Price Decreased	$474,000 ↓ $15K (3.1%)
Price Decreased
Jan 30, 2025	Listed	$489,000
Listed

	Sun City Palm Desert- Amethyst. This beautiful home is located on the former model, a short distance to the Mountain View Clubhouse, Fitness Center and Indoor Pool. The home has a spectacular north facing rear yard that features an spacious flagstone patio, BBQ island w/quartz counter top & stacked stone accents; all in a lush park-like setting. A gated front courtyard provides curb appeal. Furniture available outside of escrow. Inside, 10-foot ceilings and transom window provide a light and open environment. 18 inch diagonally lay tile is throughout. The kitchen has corian counters, raised panel cabinets with pulled out shelves and a wall-oven. The primary suite has a large walk-in closet with mirrored wardrobe doors. The primary suite bathroom has dual sinks, a stall shower, oversized tub and huge skylight. A tub/shower is in the guest bathroom. The guest bedroom has shutters. Furniture available outside of escrow. The 2-car garage has built-in storage and its own AC. Home AC is new 2018.
Oct 21, 2019	No longer available	-
No longer available
Sep 21, 2019	Listed	$339,000
Listed

	Sun City Palm Desert - Amethyst. Sitting on a unique and desirable street, this former model home is located a short distance to the Mountain View Clubhouse. The home features a lovely, private north facing rear yard with mature foliage. Inside, there is extensive use of diagonally laid tile. 10ft ceilings, arched hall entry ways, transom windows and a large skylight give this home a light and open atmosphere. The kitchen features upgraded raised panel cabinets with pull out shelves, corian counters and a wall oven. The family room has a tile trimmed fireplace and builtin media center. The living room has a slider to the rear. The master suite has a French door to the rear yard and a large walkin closet with mirrored doors. The master bath has dual sinks, a sitting vanity, stall shower and oversized tub. The guest bedroom has recessed lighting and a shower/tub in its bathroom. The 2 car garage has room for abundant storage. The home is equipped with a central vacuum. The manager has listed the unit size as 1790 square feet.

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1992

Effective Year Built: 1993
Building Count: 1
Bedroom Count: 2
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
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: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 473
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 5,663

Total Building Area: 3,021
Gross Building Area: 3,021
Building Area: 1,790
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,790
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: 28413-1
Land Acres: 0000000130
Standard Land Use Code: 1001
County Land Use Code: 20
State Land Use Code: R01
Legal Description 1: LOT 12 MB 261/014 28413-1

Neighborhood

School District Name: Desert Sands Unified School District

Census Tract: 051402

Zoning

Zoning: SPZONE

Geography

Assessors Map Reference: 28413-1

Subdivision Tract Number: 28413-1
Parcel: 748-130-032
Lot: 12
Municipality: DESERT SANDS
Latitude: 33.7737
Longitude: -116.296

Address

Full Address: 78264 Rainbow Dr

Address - House Number: 78264
Address - Street Name: Rainbow
Address - Suffix Type: Dr
State: CA
City Name: Palm Desert
Carrier Code: R085
4-Digit Zip Code: 1368
Zip Code: 92211

Valuation

Tax

Total Area: 1,790

Tax Year: 2023
Tax Amount: $456,532
Tax Rate Code Area: 075-135

Appraisal Valuation

Standard Deviation: 0.1788

Valuation Date: Jan 31, 2024
Confidence Score: 76
Final Value: 597,068
High Value: 703,825
Low Value: 490,311

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $476,460

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $348,989
Assessed Land Value: $78,837
Assessed Improvements Value: $270,152

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Sep 25, 2019

Current Sale Recording Date: Oct 18, 2019
Current Sale Price:

Premium
Current Sale Document Type: 36
Current Sale Input Document Number: 2019-0420225
Previous Sale Recording Date: Jan 15, 2010
Previous Sale Contract Date: Dec 16, 2009
Previous Sale Amount: $264,000
Previous Sale Document Type: 36

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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Premium

Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Desert Palms

Stats & Trends

Median Asking:

$529,000

Sale Price/ft²

$293

Below Asking

0.02%

Average Days on Market

Average Home Size

1858 ft²

Average Home Age

26 years

Currently For Sale

83 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,500 /mo

2 Beds
2 Baths
1,110 ft²

39676 Somerset Avenue, Palm Desert, CA, 92211 Listing by Luther Livingston

Unit for rent at 42419 Adams Street, BERMUDA DUNES, CA, 92203

$2,800 /mo

2 Beds
2 Baths
1,628 ft²

42419 Adams Street #24, BERMUDA DUNES, CA, 92203 Listing by Karen Webster

Unit for rent at 74606 Driftwood, PALM DESERT, CA, 92260

$2,595 /mo

3 Beds
2 Baths
1,300 ft²

74606 Driftwood #1, PALM DESERT, CA, 92260 Listing by Barry Saywitz

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Michael Horne, Compass
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219133716DA

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

78264 Rainbow Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Desert Palms

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions