3 months on rocket

40498 Bay Hill Way, Palm Desert, CA, 92211

$422,500

Home List Price

$5,017*

Closing Credit

2 Bedrooms
2 Full Baths
1,177 SqFt
$359/SqFt
Condo

Location

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40498 Bay Hill Way, Palm Desert$422,500

Buyer Closing Credits

$5,017*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAttached Carport
Year Built1981
HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
ViewGolf Course
Private PoolYes
MLS #219116508PS
Lot Size0.06 Acres
StatusActive

About 40498 Bay Hill Way

PRICE REDUCED TO $422,500. Welcome to the beautiful gated community of Palm Desert Resort Country Club, located just minutes away from restaurants, shopping, entertainment, and more! This updated condo is the perfect desert home that overlooks the gorgeous golf course and scenic mountain views. It offers 2 bedrooms, 2 baths, and tile or wood flooring throughout. The kitchen features a large amount of cabinet & counter space, an electric stovetop, a stainless steel refrigerator & dishwasher, and a breakfast bar with barstool seating. This all opens up to the great room with slider access to the back patio and beautiful golf course views. Attached carport and driveway for your convenience.

Property Details

Property Features

Property Information:

  • Year Built: 1981
  • Stories: 1
  • Living Area: 1,177 SqFt

Listing Office:

  • Office Name: Fathom Realty
  • Office Phone: (888) 455-3727
  • Listing Agent: Richard Ghysels

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator, Vented Exhaust Fan
  • Flooring Type: Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Golf Course

Parking Information:

  • Attached Garage: No
  • Parking: Attached Carport

Lot Features

Lot Information:

  • Lot: Irrigation System, Landscaped, Paved
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Enter through the Palm Desert Resort CC guard gate on Country Club Dr. and continue on Resorter Blvd. Turn left on Olympic Way, then right on Bay Hill Way. The condo is located on the left side of the street and on the right side of the duplex. Cross Street: Between Olympic Way and Preston Trail.

Price Information

Listing Price Info

Price Summary:

  • List Price: $422,500
  • Price Per SqFt: $359/SqFt

HOA Fees:

  • Amount: $686
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,330
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palm Desert, CA.

Med. Sold Price

$580.1K

Med. Price/SqFt

$336

Avg. Days On Market

54

# of Sold Homes

102

40498 Bay Hill Way vs Palm Desert

91 DAYS ON ROCKET

+37 Days

$422,500

-$157.6K Less

$359/SqFt

+$22 More

KEY TAKEAWAY

This property is $157.6K less than the Median Sold Price and $22/SqFt more than other homes in Palm Desert, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219116508PS

Listing Office:

  • Office Name: Fathom Realty
  • Office Phone: (888) 455-3727
  • Listing Agent: Richard Ghysels

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 11:55:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 05, 2017Home Sold
$149,000
Mar 12, 2001Home Sold
$163,000
Apr 29, 1991Home Sold
$86,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,330$162,972
2020$2,330$161,302
2018$2,254$155,040
2017$2,909$211,611

History based on county public records data.

Payment Calculator

$2,862

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,333

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1899155
6
/10
  • Ronald Reagan Elementary School

  • 39800 Liberty Dr

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-1899156
6
/10
  • James Monroe Elementary School

  • 42100 Yucca Ln

  • 1.15 miles

  • Public District Grades KG-5

school-card-donut-1899157
6
/10
  • Gerald R. Ford Elementary School

  • 44210 Warner Trl

  • 1.76 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,438. Most Palm Desert, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40498 Bay Hill Way

What is the listing price of this property?

The listing price of 40498 Bay Hill Way property is $422,500.

What type of property is this?

The property 40498 Bay Hill Way is a condo located in Palm Desert, California, 92211.

Is this property for sale now?

Active Listing: 40498 Bay Hill Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,330 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 5, 2017 for $149,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 40498 Bay Hill Way has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 40498 Bay Hill Way is 1,177 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40498 Bay Hill Way is 1981.

Rocket HomesCaliforniaRiverside CountyPalm Desert9221140498 Bay Hill Way

This home is located at 40498 Bay Hill Way in Palm Desert, CA and zip code 92211. This 1,177 square foot home, which was built in 1981, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $422,500.

In November 2024, from all listings sold in Palm Desert, CA there were more than 15 sold above asking price, over 66 sold below and more than 21 were sold right at the asked price. In November 2024 in Palm Desert, CA there were 15.3% more homes for sale than in October 2024. Listings spent 54 days on the market in November 2024, and had a median list price of $580,163 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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