48590 Oakwood Way Palm Desert, CA 92260
Estimated payment $3,435/month
Highlights
- Heated In Ground Pool
- Updated Kitchen
- Vaulted Ceiling
- Palm Desert High School Rated A
- Mountain View
- Granite Countertops
About This Home
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.
Property Details
Home Type
- Condominium
Year Built
- Built in 1978
HOA Fees
- $660 Monthly HOA Fees
Home Design
- Turnkey
- Tile Roof
- Stucco Exterior
Interior Spaces
- 1,428 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Recessed Lighting
- Blinds
- Living Room
- Dining Area
- Tile Flooring
- Mountain Views
Kitchen
- Updated Kitchen
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- Remodeled Bathroom
- 2 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Guest Parking
Pool
- Heated In Ground Pool
- In Ground Spa
Additional Features
- Covered Patio or Porch
- Ground Level
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 652180006
Community Details
Overview
- Association fees include building & grounds
- Sommerset South Palm Desert Subdivision
- On-Site Maintenance
- Planned Unit Development
Recreation
- Tennis Courts
- Pickleball Courts
- Sport Court
- Community Pool
- Community Spa
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,585 | $427,560 | $135,304 | $292,256 |
| 2023 | $5,585 | $410,958 | $130,050 | $280,908 |
| 2022 | $5,330 | $402,900 | $127,500 | $275,400 |
| 2021 | $4,209 | $347,677 | $86,914 | $260,763 |
| 2020 | $3,584 | $264,586 | $66,414 | $198,172 |
| 2019 | $3,490 | $256,880 | $64,480 | $192,400 |
| 2018 | $3,371 | $247,000 | $62,000 | $185,000 |
| 2017 | $2,978 | $215,000 | $54,000 | $161,000 |
| 2016 | $1,526 | $95,933 | $60,000 | $35,933 |
| 2015 | $1,816 | $225,000 | $56,000 | $169,000 |
| 2014 | $2,932 | $208,000 | $52,000 | $156,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/15/2025 12/15/25 | For Sale | $439,000 | +41.6% | $307 / Sq Ft | |
| 01/28/2020 01/28/20 | Sold | $310,000 | -1.6% | $217 / Sq Ft | View Prior Sale |
| 01/08/2020 01/08/20 | Pending | -- | -- | -- | |
| 12/17/2019 12/17/19 | For Sale | $315,000 | -- | $221 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | $395,000 | Stewart Title Of Ca Inc | |
| Grant Deed | $310,000 | Chicago Title Inland Empire | |
| Interfamily Deed Transfer | -- | Chicago Title Company Ie | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Multiple | |
| Grant Deed | $270,000 | Multiple | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $288,000 | New Conventional | |
| Previous Owner | $279,000 | New Conventional | |
| Previous Owner | $202,500 | Purchase Money Mortgage | |
| Previous Owner | $95,000 | Stand Alone Refi Refinance Of Original Loan |
Source: California Desert Association of REALTORS®
MLS Number: 219140018
APN: 652-180-006
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