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40518 Corte, Placitas, Palm Desert, CA, 92260

$950,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,989 SqFt
$318/SqFt
House

Location

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40518 Corte, Palm Desert$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Direct Access, Driveway, Garage Faces Front, Garage, Private
Attached Garage3 spaces
Year Built2005
HeatingCentral, Fireplace(s)
CoolingCentral Air
FireplaceGas, Living Room
ViewMountain(s)
Private PoolYes
MLS #OC24233551
Lot Size0.23 Acres
StatusActive

About 40518 Corte

Experience resort-style living in this remarkable Spanish-style oasis, perfectly nestled on the largest and most coveted lot in the neighborhood. Step into the main residence and immerse yourself in the timeless elegance of Spanish tile flooring that flows through each welcoming space. The home’s warm ambiance is perfect for entertaining, with a beautiful wet bar and wine cellar that feature granite countertops, adding a touch of sophistication to gatherings. The spacious kitchen, complete with a walk-in pantry, offers breathtaking views of the expansive backyard, creating a culinary space that is as practical as it is beautiful. Two guest bedrooms share a stylish Jack-and-Jill bathroom, while the dedicated laundry room provides convenient access to the sizable three-car garage, making daily tasks a breeze. The master suite is a private sanctuary, with stunning views of the lush backyard and a lavish ensuite bathroom. It features dual walk-in closets, an upgraded toilet with self-flushing capabilities, and a luxurious bidet. Cozy up by the master bedroom’s fireplace, adding warmth and charm to this peaceful retreat. An additional office or den, which can easily be converted into an extra bedroom, provides flexibility to meet various lifestyle needs. Outside, the expansive backyard is an entertainer’s dream, complete with a picturesque gazebo perfect for family gatherings and enjoying the beautiful weather. The back courtyard offers a serene water fountain, creating an ideal setting for relaxation. Take a dip in the large pool or use the convenient outdoor shower, ensuring maximum comfort for you and your guests. The property boasts eight mature fruit trees, including plum, fig, pink grapefruit, guava, apricot, lemon, mandarin orange, lime, and pomegranate, offering fresh produce throughout the year. This home also includes a private Casita, ideal for hosting guests or as a rental opportunity. The location is unmatched, with easy access to Coachella, Stagecoach, the Living Desert Zoo and Gardens, and Acrisure Arena. Just minutes away from El Paseo's upscale shopping and dining, world-class golf courses, top-rated schools, and various entertainment options, this property offers a perfect blend of luxury and convenience. Don't miss your chance to claim this slice of paradise, with endless possibilities for relaxation, entertainment, and making memories.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 2005
  • Stories: 1
  • Living Area: 2,989 SqFt

Listing Office:

  • Office Name: Vista Pacific Realty
  • Office Email: yassienhalwani@gmail.com
  • Listing Agent: Yassien Halwani

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Electric Range, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater
  • Flooring Type: Tile
  • Interior: Wet Bar, Breakfast Bar, Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, Pantry, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Jack and Jill Bath, Main Level Primary, Walk-In Pantry, Wine Cellar
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s)
  • Exterior: Awning(s), Lighting

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Direct Access, Driveway, Garage Faces Front, Garage, Private

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s)
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South on Monterey, Left on Hovley, Right on Corte Placitas

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
  • Price Per SqFt: $318/SqFt

HOA Fees:

  • Amount: $27
  • Frequency: Monthly
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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

40518 Corte vs Palm Desert

34 DAYS ON ROCKET

-20 Days

$950,000

+$369.8K More

$318/SqFt

-$19 Less

KEY TAKEAWAY

This property is $369.8K more than the Median Sold Price and $19/SqFt less 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: #OC24233551

Listing Office:

  • Office Name: Vista Pacific Realty
  • Office Email: yassienhalwani@gmail.com
  • Listing Agent: Yassien Halwani

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: 12/18/2024, 9:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$4,836

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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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-4469605
6
/10
  • Lincoln Elementary School

  • 74100 Rutledge Way

  • 0.73 miles

  • Public District Grades KG-5

school-card-donut-4469606
7
/10
  • George Washington Charter School

  • 45768 Portola Ave

  • 0.97 miles

  • Public Charter Grades KG-5

school-card-donut-4469607
7
/10
  • James Earl Carter Elementary School

  • 74251 Hovley Ln E

  • 1.35 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,810. Typical income of Palm Desert, CA residents is between $100k-200k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40518 Corte

What is the listing price of this property?

The listing price of 40518 Corte property is $950,000.

What type of property is this?

The property 40518 Corte is a house located in Placitas, Palm Desert, California, 92260.

Is this property for sale now?

Active Listing: 40518 Corte is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 40518 Corte has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 40518 Corte is 2,989 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40518 Corte is 2005.

Rocket HomesCaliforniaRiverside CountyPalm Desert9226040518 Corte

This home is located at 40518 Corte in Placitas, Palm Desert, CA and zip code 92260. This 2,989 square foot home, which was built in 2005, sits on a 0.23 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $950,000.

In November 2024 more than 15 listings in Palm Desert, CA were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 66 were sold below. Between October 2024 and November 2024, Palm Desert, CA real estate market has seen increase in the number of listings by 15.3%. While the average time on the market in November 2024 was 54 days, the median list price was $580,163.

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

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