158 Madrid Avenue

Palm Desert CA 92260

2055 sq. ft.

Condo

Last sold for $570,000

Andy Sven and Kevin, last sold this property on 06 July 2026 after 112 days on market.

Overview

Original owner Trust Sale spells opportunity! HOA PERMITS SHORT-TERM VACATION RENTALS! This is one of the largest floor plans in Monterey Country Club and features an oversized primary suite with ensuite bath, a guest suite (ensuite bath has dual sinks and stall shower), and a very large den that overlooks the interior atrium, with dual entry doors, desk, and ensuite bath with dual sinks and stall shower. NOTE: DUE TO THE ENSUITE BATH AND SIZE OF THE ROOM, IT MAKES A GREAT 3RD BEDROOM, BUT COUNTY RECORDS SHOW IT AS A 2 BR. BUYER TO DO THEIR OWN DUE DILLIGENCE ON BEDROOM COUNT. In addition there is a half-bath (powder room), so this light unit really lives like a private home. The unit is perched up on a knoll with views overlooking a ravine and beyond to the golf course, so really great privacy. The laundry room has been used as a hobby/craft area but plumbing is still in tact. The washer and dryer were moved out to the 2-car garage, on the other side of the wall. This home is in largely original but well maintained condition and has been cleaned (including windows and carpets), and is priced accordingly to invite those who want to create their own Country Club abode. Community pool is across the street and 3 units south. HOA permits short term rentals, subject to City of Palm Desert Permit. Some Association amenities may require extra cost.

Features

2 bedrooms

4 bathrooms

2 carspaces

2 garage spaces

2055 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Palm Desert over the last 12 months, the estimated median property value of 158 Madrid Avenue is $455.5k.

Median value

$455.5k

Estimated value range

$230k - $1.4m

Median days on market

Estimated value trend

-5%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Palm Desert. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.