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Sold for $425,000
  • Listed by: Compass • Jacqulyn Stanton • Contact: 760-702-2557
    Bought with: Equity Union
    $425,000

    48590 Oakwood Way, Palm Desert, CA 92260

    2beds
    1,428sqft
    Condominium
    Built in 1978
    -- sqft lot
    $428,600 Zestimate®
    $298/sqft
    $2,462 Estimated rent

    Home value

    $428,600

    $390,000 - $471,000

    $2,462/mo

    Zestimate® history
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    What's special

    Exceptional craftsmanship throughoutFull two car garageOpen concept layoutRefined contemporary designFresh interior paintWood look flooring throughoutStainless steel appliances
    Set within the sought after South Palm Desert enclave of Sommerset, this striking end unit residence showcases refined contemporary design and exceptional craftsmanship throughout. Thoughtfully reimagined with enduring contemporary design, the home spans approximately 1,428 square feet with two bedrooms and two beautifully appointed baths, offering sweeping valley and mountain views from multiple vantage points.The open concept layout seamlessly connects the living, dining, and kitchen spaces, creating an ideal setting for both relaxed living and effortless entertaining. Expansive windows fill the interior with natural light, enhancing the clean lines and modern aesthetic. The kitchen is finished with granite countertops, stainless steel appliances, a gas range, and crisp white cabinetry with soft close drawers, complemented by a convenient breakfast bar.The primary suite is a private retreat featuring a sleek vanity and an oversized, elegantly tiled walk in shower. Additional highlights include dual pane windows, updated window treatments, fresh interior paint, wood look flooring throughout, and energy efficient heating and cooling systems. Three distinct outdoor seating areas invite you to take in the surrounding scenery and embrace the indoor outdoor lifestyle the desert is known for.Offered completely turnkey furnished, this modern desert residence allows for immediate enjoyment as a full time home, seasonal retreat, or desert getaway. A full two car garage adds everyday convenience, while the community offers multiple pools, a spa, pickleball and tennis courts. Ideally located near the renowned shopping and dining of El Paseo, this residence delivers elevated living in one of Palm Desert's most desirable communities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacqulyn Stanton DRE #01369783 760-702-2557,

    Compass,

    Norman Williams DRE #02051057 760-464-2190,

    Compass

    Bought with:

    Carol Carpenter, DRE #01211650

    Equity Union

    Source: CRMLS,MLS#: 219140018DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Living Room, Dining Room
    Bathroom
    • Features: Remodeled
    Kitchen
    • Features: Granite Counters, Remodeled, Updated Kitchen
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Gas Range, Microwave, Refrigerator
    • Laundry: Laundry Closet
    Features
    • Separate/Formal Dining Room, Furnished, Recessed Lighting
    • Flooring: Tile
    • Windows: Blinds
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,428 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Door Opener, Guest
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered
    • Has private pool: Yes
    • Pool features: Community, Electric Heat, In Ground
    • Spa features: Community, In Ground
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 2,613 Square Feet
    • Features: Planned Unit Development
    Details
    • Parcel number: 652180006
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Roof: Tile
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1978

    Community & HOA

    Community
    • Features: Pool
    • Subdivision: Sommerset So. Palm D
    HOA
    • Has HOA: Yes
    • Amenities included: Sport Court, Maintenance Grounds, Management, Tennis Court(s)
    • HOA fee: $660 monthly
    Location
    • Region: Palm Desert

    Financial & listing details

    • Price per square foot: $298/sqft
    • Tax assessed value: $427,560
    • Annual tax amount: $5,720
    • Date on market: 12/15/2025
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    2/18/2026Sold$425,000-3.2%$298/sqft
    Source: CRMLS #219140018DA Report a problem
    2/5/2026Pending sale$439,000$307/sqft
    Source: Greater Palm Springs Realtors #219140018 Report a problem
    1/20/2026Contingent$439,000$307/sqft
    Source: Greater Palm Springs Realtors #219140018 Report a problem
    12/15/2025Listed for sale$439,000+11.1%$307/sqft
    Source: Greater Palm Springs Realtors #219140018 Report a problem
    5/10/2021Sold$395,000+5.3%$277/sqft
    Source: Greater Palm Springs Realtors #219060203 Report a problem
    4/16/2021Contingent$375,000$263/sqft
    Source: Greater Palm Springs Realtors #219060203 Report a problem
    4/9/2021Listed for sale$375,000+19%$263/sqft
    Source: Greater Palm Springs Realtors #219060203 Report a problem
    1/30/2020Listing removed$315,000$221/sqft
    Source: Coldwell Banker Residential Brokerage #219035536 Report a problem
    1/30/2020Listed for sale$315,000+1.6%$221/sqft
    Source: Coldwell Banker Residential Brokerage #219035536 Report a problem
    1/28/2020Sold$310,000-1.6%$217/sqft
    Source: Greater Palm Springs Realtors #219035536 Report a problem
    1/8/2020Pending sale$315,000$221/sqft
    Source: Coldwell Banker Residential Brokerage - Palm Desert #219035536 Report a problem
    11/8/2019Price change$315,000-4.5%$221/sqft
    Source: Coldwell Banker Residential Brokerage - Palm Desert #219035536 Report a problem
    10/2/2019Listed for sale$329,900+22.2%$231/sqft
    Source: Coldwell Banker Residential Brokerage #219030998 Report a problem
    2/16/2005Sold$270,000$189/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,720 +2.4%$427,560 +2%
    2024$5,585 +2.4%$419,177 +2%
    2023$5,455 +2.4%$410,958 +2%
    2022$5,330 +26.6%$402,900 +15.9%
    2021$4,209 +17.4%$347,677 +31.4%
    2020$3,584 $264,586 +3%
    2019-- $256,880 +4%
    2018$3,371 +13.2%$247,000 +14.9%
    2017$2,978 $215,000 +124.1%
    2016$2,978 +64%$95,933 -57.4%
    2015$1,816 -38.1%$225,000 +8.2%
    2014$2,932 $208,000 +5.1%
    2013-- $198,000 +23.8%
    2012-- $160,000 +2.6%
    2011-- $156,000 -5.5%
    2010-- $165,000 -30.4%
    2009-- $237,000 -17.3%
    2008-- $286,525 +2%
    2007-- $280,908 +2%
    2006-- $275,400 +97.4%
    2005-- $139,538 +3.9%
    2003-- $134,297 +2%
    2002-- $131,664 +2%
    2001$1,680 +14.4%$129,083 +17.3%
    2000$1,469 $110,000
    Find assessor info on the county website

    Neighborhood: 92260

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $428,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $428,600