RENTED JUL 3, 2025

Estimated Value: $663,678 - $735,000

4 Beds
2.5 Baths
2,004 Sq Ft
$350/Sq Ft Est. Value

Last Sold April 30, 2025

Last sale price $704,571 $352 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,042/month

Highlights

  • New Construction
  • Solar Power System
  • Loft
  • Spa
  • City Lights View
  • Great Room

About This Home

As of July 2025

Discover your new home in Alara at University Park, a vibrant and contemporary community in Palm Desert, conveniently located near world class dining and shopping. Available for lease, is a stunning new construction home set on an oversized corner lot across from a state-of-the-art community center. This Solace floor plan offers 4 bedrooms plus a studio, 2.5 bathrooms, and 2,004 sq. ft. of thoughtfully designed living space, complete with a 2-car garage. Upon entry, you’ll find a spacious, open concept great room and kitchen filled with natural light. The kitchen boasts a central island, ample counter space, and stainless-steel appliances that include a refrigerator, making it perfect for cooking and entertaining. The primary suite is located upstairs and features an ensuite bath with dual vanities, a large walk-in closet, and plenty of space for relaxation. Two additional bedrooms share a bathroom and are connected by a central loft area, ideal for a variety of uses. An additional flex room with a private entrance adds versatility to the home. The property features an owned solar system, offering tenants the benefit of energy savings while enjoying modern, eco-friendly living. The side courtyard provides a serene outdoor space with direct access from the great room via an upgraded stacking sliding door, perfect for entertaining or unwinding. Neighborhood amenities include a brand-new community center featuring pools, a spa, a fitness center, pickleball courts, and bocce ball. This home truly blends style, comfort, and convenience. Don’t miss the chance to lease this exceptional property. Contact us today to learn more!

Last Agent to Rent the Property

Lisa Zhou

Legacy Capital Investment Group Brokerage Phone: 949.656.5518 License #01924981 Listed on: 06/12/2025

Last Renter's Agent

Lisa Zhou

Legacy Capital Investment Group Brokerage Phone: 949.656.5518 License #01924981 Listed on: 06/12/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 5,110 Sq Ft Lot
  • Private Yard

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,004 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Great Room
  • Family Room Off Kitchen
  • Loft
  • Bonus Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Spa
  • Rain Gutters

Schools

  • Rancho Mirage Elementary School
  • Nellie N. Coffman Middle School
  • Rancho Mirage High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Security Deposit $3,200
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 6/12/25
  • Tax Lot 40
  • Tax Tract Number 375
  • Assessor Parcel Number 694640027

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Pool
  • Community Spa
  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2025-06-12
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Pets: 500
  • Deposit Security: 3200
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Inclusions: Refrigerator, Washer and Dryer
  • Property Attached: No
  • Subdivision Name Other: Alara
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 694640027
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 2004.00 Square Feet
  • Interior Amenities: Quartz Counters, Recessed Lighting, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1.77
  • Room Type: All Bedrooms Up, Bonus Room, Great Room, Kitchen, Laundry, Loft, Walk-In Closet
  • Spa Features: Association, Community
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • View: City Lights, Mountain(s), Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Water Heater, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Gutters, Sidewalks

Schools

  • Elementary School: Rancho Mirage
  • High School: Rancho Mirage
  • Middle Or Junior School: Nellie N. Coffman
  • Elementary School #2: RANMIR
  • High School2: RANMIR

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5110.00
  • Lot Size Acres: 0.1173

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months, 24 Months
  • Lot Size Area: 5110.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Lot: 40
  • Tax Tract Number: 375...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2025
Sold by
Toll West Coast Llc
Bought by
Zhang Yuan and Zhang Liqun
Current Estimated Value
$699,776
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zhang Yuan $705,000 Westminster Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2025 07/03/25 Rented $3,550 +1.4% --
07/02/2025 07/02/25 Under Contract -- -- --
06/12/2025 06/12/25 For Rent $3,500 0.0% --
04/30/2025 04/30/25 Sold $704,571 +0.8% $352 / Sq Ft View Prior Sale
07/26/2024 07/26/24 Pending -- -- --
07/13/2024 07/13/24 Price Changed $699,000 +0.9% $349 / Sq Ft
07/10/2024 07/10/24 For Sale $693,000 -- $346 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,900 $633,800 $193,800 $440,000
2023 $4,900 $34,427 $34,427 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25103511

California Regional Multiple Listing Service (CRMLS)

APN: 694-640-027