3 months on rocket

78114 Rainbow Dr, Palm Desert, CA, 92211

$1,048,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
2,918 SqFt
$359/SqFt
House
Schools Nearby

Location

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78114 Rainbow Dr, Palm Desert$1,048,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDirect Access, Garage Faces Front, Garage, Golf Cart Garage
Attached Garage3 spaces
Year Built2001
HeatingCentral, Forced Air, Fireplace(s)
CoolingCentral Air
FireplaceGas, Living Room, Outside
ViewPool, Trees/Woods
Private PoolYes
MLS #PW24021300
Lot Size0.40 Acres
StatusActive

About 78114 Rainbow Dr

Welcome to the epitome of luxurious 55+ living in this former model home -- with the coveted Marseille floorplan -- nestled within a prestigious 24-hour gated community. Boasting an exclusive address, this residence is a testament to refined elegance and thoughtful design, offering an unparalleled lifestyle for those seeking the best in desert living. As you enter through the private courtyard, the charm and relaxation of this home immediately unfold. This property features a "spool" or small pool — a delightful dip on a hot day is the best; and provides a perfect oasis for relaxation and leisure. The private backyard invites you to enjoy the serene ambiance, with carefully landscaped greenery enhancing the tranquility of the outdoor space, complete with BBQ bar entertaining area as well as a cozy fireplace for chillier desert nights. Step inside, and you'll be greeted by a residence that welcomes you immediately. Upgrades throughout the home showcase a commitment to quality, ensuring a living space that is both aesthetically pleasing and laid out in one of the most sought-after floor plans of the community. The attached (but private) casita offers an additional layer of versatility, providing a private retreat for guests or a secluded space for various purposes. The heart of this home is its open kitchen, conveniently centered to the living space, the backyard, the dining room, and wine cellar/closet. The open floor plan seamlessly connects the kitchen to the living and dining areas, creating an ideal space for entertaining family and friends. Retreat to the extra large primary suite, where luxury meets comfort. The en-suite bathroom is a sanctuary of relaxation, and this room features both gorgeous views of the backyard as well as direct french doors open to the inner courtyard and pool area. The property includes a 2-car garage with an added convenience of a separate golf cart garage, catering to the active lifestyle that the community offers. Beyond the confines of this remarkable residence, residents of this development enjoy a myriad of amenities, from social clubs and fitness facilities to organized events that foster a sense of community. Experience this incredible property that is not just a residence; it's a lifestyle! Welcome to your home retreat or desert destination with an exceptional property at 78114 Rainbow Drive. Trust Sale.

Property Details

Property Features

Property Information:

  • Year Built: 2001
  • Stories: 1
  • Living Area: 2,918 SqFt

Listing Office:

  • Office Name: Beach Equities
  • Office Phone: (213) 434-4476
  • Listing Agent: Paige Charnick

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven
  • Flooring Type: Carpet, Tile
  • Interior: High Ceilings, Open Floorplan, Recessed Lighting, Tile Counters, Unfurnished, All Bedrooms Down, Primary Suite, Wine Cellar, Walk-In Closet(s)
  • Fireplace: Gas, Living Room, Outside

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Pool, Trees/Woods
  • Exterior: Barbecue

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Garage Faces Front, Garage, Golf Cart Garage

Lot Features

Lot Information:

  • Lot: Front Yard, Lawn, Landscaped
  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Main Gate on Washington left at Grape Arbor home is on corner of Rainbow and Grape Arbor. Park on Grape Arbor. Cross Street:Grape Arbor.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,048,000
  • Price Per SqFt: $359/SqFt

HOA Fees:

  • Amount: $1168
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $8,594
  • Tax Year: 2021
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Housing Market Comparison

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

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Palm Desert, CA

City

Med. Sold Price

$571.9K

Med. Price/SqFt

$337

Avg. Days On Market

56

# of Sold Homes

162

78114 Rainbow Dr vs Palm Desert

100 DAYS ON ROCKET

+44 Days

$1,048,000

+$476K More

$359/SqFt

+$22 More

KEY TAKEAWAY

This property is $476K more 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: #PW24021300

Listing Office:

  • Office Name: Beach Equities
  • Office Phone: (213) 434-4476
  • Listing Agent: Paige Charnick

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: 5/11/2024, 9:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$8,594$763,037
2020$8,594$681,283
2018$8,046$636,000
2017$7,681$623,000

History based on county public records data.

Payment Calculator

$5,687

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,208

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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-10563734
5
/10

  • Ronald Reagan Elementary School

  • 39800 Liberty Dr

  • 1.53 miles

  • Public District Grades KG-5

school-card-donut-10563735
7
/10

  • James Monroe Elementary School

  • 42100 Yucca Ln

  • 2.32 miles

  • Public District Grades KG-5

school-card-donut-10563736
6
/10

  • Gerald R. Ford Elementary School

  • 44210 Warner Trl

  • 3.39 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,704. The majority of Palm Desert, CA residents have income between $35k-100k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 78114 Rainbow Dr

What is the listing price of this property?

The listing price of 78114 Rainbow Dr property is $1,048,000.

What type of property is this?

The property 78114 Rainbow Dr is a house located in Palm Desert, California, 92211.

Is this property for sale now?

Active Listing: 78114 Rainbow Dr 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 $8,594 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 78114 Rainbow Dr has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 78114 Rainbow Dr is 2,918 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 78114 Rainbow Dr is 2001.

Rocket Homes›California›Riverside County›Palm Desert›92211›78114 Rainbow Dr

This home is located at 78114 Rainbow Dr in Palm Desert, CA and zip code 92211 in the Desert Palms neighborhood. This 2,918 square foot home, which was built in 2001, sits on a 0.40 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $1,048,000.

In April 2024 more than 20 listings in Palm Desert, CA were sold above the asking price. During the same period more than 37 listings were sold at asking price, while more than 105 were sold below. The number of homes for sale in Palm Desert, CA increased by 2.2% between March 2024 and April 2024. In April 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $571,935.

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

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