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Desert Palms 92211
78291 Rainbow Drive
Listed by: Sharon Dumas, HomeSmart
$825,000
● House - Off Market

78291 Rainbow Drive

Palm Desert, CA 92211
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,710 Ft²
$862,192
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

If you want to own the BEST VIEW IN SUN CITY. This fabulous lot has the BEST panoramic South facing VIEWS, No argument there. Direct waterfall, lake, golf course and mountains, views. Enjoy your picture perfect setting all day long as you listen to the waterfalls and watch the wildlife play and swim in the lake right off your extended patio. This popular Lalique floorplan has 2 bedrooms 2 bathrooms, a living room with a gas fireplace, Family room and a dining room. The rich travertine floors flow throughout the home bordered with custom baseboards. There are plantation shutters throughout as well. The kitchen has been beautifully upgraded with new cabinets, stainless appliances, Quartz counters, tile backsplash and an eating bar. It has a kitchenette space with forever views. The primary bedroom has been extended to add an office space overlooking the lake and waterfalls and the bathroom been upgraded with a custom travertine shower, frameless doors, painted cabinets, full-height wall mirror, and a skylight to let in the lovely light. The guest bedroom is adjacent to the 2nd full bathroom and is separated from the primary bedroom for perfect privacy. The laundry room is very roomy with upper cabinets and a space for storage. The curb appeal is gorgeous with  a stack stone facade and painted in beautiful desert colors. The entry courtyard is gated and private with lovely landscaping and grass turf. The 2 car garage has a golf cart nook, central vac, and an added closet.
Unit Size
1,710 Ft²
Days on Market
44 days
Land Size
0.15 acres
Price per sqft
$485
Property Type
House
Property Taxes
-
HOA Dues
$402
Year Built
1992

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Last updated: 3 years ago (CRMLS #219082416DA)

Price History

Date / Event Date Event Price
Sep 12, 2022 Sold
Sold
Jul 26, 2022 Listed by HomeSmart $829,000
Listed by HomeSmart
Jul 7, 2022 Sold
Sold
Jun 3, 2022 Listed by Radius Agent Realty $749,900
Listed by Radius Agent Realty
Welcome to one of the most extraordinary properties in Sun City. This La Lique Floor plan was in the original Model park where the builder placed them on the best lots in Sun City. In an old Listing it is mentioned 'When the first owner stepped onto this South facing covered patio, spent some moments taking in the extraordinary, panoramic scenery and turned to his Realtor and said I'll take it. Only after the buyer said I'll take it did he look at the home. ' Then History repeated itself and it was love at first site for the current owner. Now is your chance to fall in love with this full unobstructed view of the Santa Rosa Mountains, Take in the perfect blend of Gods creation and stunning landscaping situated on the hill near twin waterfalls and lake. So much to enjoy with formal living / dinning room, office addition, stylites, golf cart parking, and an open feel. There are 6 fruit bearing trees to enjoy. The front court yard is open to an additional patio where morning coffee will be nice and peaceful.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 568
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 101

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 2,483
  • Gross Building Area: 2,483
  • Building Area: 1,647
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,647
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 28413-1
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: LOT 9 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: 748-130-029
  • Lot: 9
  • Municipality: DESERT SANDS
  • Latitude: 33.7732
  • Longitude: -116.296

    Address

  • Full Address: 78291 Rainbow Dr
  • Address - House Number: 78291
  • 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: 1,647
  • Tax Year: 2023
  • Tax Amount: $1,047,978
  • Tax Rate Code Area: 075-135

    Appraisal Valuation

  • Standard Deviation: 0.0759
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 94
  • Final Value: 819,134
  • High Value: 881,363
  • Low Value: 756,905

    Market Valuation

  • Market Total Value: $675,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $825,000
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $783,000

    Sales

  • Current Sale Contract Date: Sep 27, 1997
  • Current Sale Recording Date: Sep 12, 2022
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 391023
  • Previous Sale Recording Date: Jul 07, 2022
  • Previous Sale Contract Date: Jun 10, 2022
  • Previous Sale Amount: $825,000
  • 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 Desert Palms


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Frequently Asked Questions

When was property at 78291 Rainbow Drive built and last sold?
The property at 78291 Rainbow Drive was built in 1992 and last sold on Sep 27, 1997 for $825,000.
How much is this home worth?
The estimated value of the home located at 78291 Rainbow Drive is $0.
What are some comparable homes to 78291 Rainbow Drive?
There are currently no comparable homes to 78291 Rainbow Drive.