Why Live in The Lakes
The Lakes neighborhood in Palm Desert is a gated community known for its stunning views and extensive amenities, making it a standout in the Coachella Valley. Established in the early 1980s, it features 23 freshwater lakes and a mix of ranch-style and Spanish-style homes. These homes, ranging from 1,300 to 4,600 square feet, are predominantly one-story and offer modern interiors. The neighborhood is surrounded by tall palm and shade trees, providing a scenic backdrop for the 27-hole golf course and other recreational facilities. Residents enjoy access to a newly renovated clubhouse, fitness center, tennis courts, and two dog parks. The Lakes is served by the highly rated Desert Sands Unified School District, with James Earl Carter Elementary, Palm Desert Charter Middle, and Palm Desert High School all within a short drive. While the area lacks local grocers, nearby neighborhoods offer convenient shopping and dining options, such as Ralph’s Fresh Fare and Cork Tree. The Lakes is safer than the national average, and its location provides easy access to Interstate 10, placing Los Angeles within a two-hour drive. The Coachella Valley Preserve, just 8 miles away, offers additional natural attractions for residents to explore.
Home Trends in The Lakes, CA
On average, homes in The Lakes, Palm Desert sell after 42 days on the market compared to the national average of 70 days. The median sale price for homes in The Lakes, Palm Desert over the last 12 months is $346,000, down 18% from the median home sale price over the previous 12 months.
Median Sale Price
$346,000
Median Single Family Sale Price
$370,000
Median 2 Bedroom Sale Price
$310,000
Average Price Per Sq Ft
$239
Number of Homes for Sale
4
Last 12 months Home Sales
152
Median List Price
$375,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-18%