40621 Terraza Palm Desert, CA $ 699,000
40621 Terraza
$ 699,000
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40621 Terraza

Palm Desert, CA, 92260
$ 699,000
Bedrooms5 Baths3.1 Sq 2,718

Monthly Estimate*

$ 4,414

Listed by EINSTEIN REALTY
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Single Family Home for sale in Palm Desert, CA

for $699,000 with 5 bedrooms and 3 full baths, 1 half bath. This 2,718 square foot home was built in 1999 on a lot size of 0.16.

Welcome to 40621 Terraza, an exceptional desert retreat offering the perfect blend of privacy and resort-style living in the heart of Palm Desert. This expansive residence features approximately 2,718 square feet of living space with 5 bedrooms and 3.5 bathrooms, thoughtfully designed for everyday comfort and entertaining. Upon arrival, you are greeted by an inviting courtyard entrance that sets the tone for the peaceful atmosphere found throughout the home. Inside, generous living spaces are enhanced by soaring ceilings, abundant natural light, and a functional open-concept floor plan. The backyard is truly an entertainer's dream, offering a private resort-style setting complete with a sparkling pool, relaxing jacuzzi, and impressive in-ground BBQ area, creating the perfect atmosphere for sunny pool days and evening gatherings. Surrounded by breathtaking mountain views, this outdoor oasis feels like your own private vacation destination. Adding to the home's versatility is a private primary suite featuring its own separate entrance through the entry courtyard, ideal for multigenerational living or a private retreat. The property also offers a spacious three-car garage and extended driveway, providing ample room for multiple vehicles, guests, or recreational toys. Situated in one of Palm Desert's most desirable locations, residents enjoy convenient access to the renowned El Paseo Shopping District, often referred to as the "Rodeo Drive of the Desert," featuring luxury shopping, fine dining, art galleries, and vibrant nightlife. Nearby attractions include The Living Desert Zoo and Gardens, premier golf courses, trails, and Palm Desert Civic Center Park. Palm Desert and the greater Coachella Valley continue to experience significant growth and revitalization. One of the most exciting developments nearby is Cotino, the first-ever Storyliving by Disney community in neighboring Rancho Mirage. This highly anticipated master-planned community will feature luxury residences centered around a crystal lagoon, along with new dining, shopping, entertainment, and recreational experiences expected to further elevate the desirability of the surrounding desert communities. Whether you are searching for a primary residence, vacation home, or investment opportunity, 40621 Terraza presents a rare opportunity to own a slice of desert paradise near one of Southern California's most exciting emerging luxury destinations.

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Single Family Active

Price

$ 699,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.16

Year Built

1999

Town/City

Palm Desert

County/Region

Riverside

MLS | Web ID

IV26137923

Days on Market

55

Features
General
Living Area 2718
Sewer Public Sewer
Heating Central
Cooling Central Air
HOA Fee 0
Garage Spaces 3
Pool Features Private
Year Built 1999
View None
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Golf Street Lights
County Riverside
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name other
Garage Y/N true
Green Energy Generation Solar
Full Baths 3
Special Listing Conditions Standard
Status Active
Directions Coming off the freeway take Monterey Ave and turn on hovley Ln
City Palm Desert
Entry Location 1
Senior Community Y/N false
High School District Palm Springs Unified
Number Of Units Total 1
MLS Area 322 - North Palm Desert
Lot Size Units Square Feet
Lot Size Square Feet 6970
Listing Terms Cash Conventional FHA
Property Attached Y/N false
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 3
Property Sub Type Additional Single Family Residence
Expected Active Date 2026-06-30
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Interior
Interior Amenities Walk-In Closet(s)
Fireplace Features Family Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Laundry Features Inside
Total Bedrooms 5
Entry Level 1
Main Level Bedrooms 5
Main Level Bathrooms 4
Total Baths 4
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Exterior
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 3
Lot Size Area 6970
Lot Size Acres 0.16
Private Pool true
Lot Size Source Assessor
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* Excluded Features
List By
Einstein Realty

Broker

adrianmenesesrealestate@gmail.com

Email

Affordability Calculator

$4,414
Per Month
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0%
0%
Monthly Principal & Interest
$4,414
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/24/2026$699,000 Listed Price

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40621 Terraza, Palm Desert, CA, 92260 is a Single Family Home for sale at $699,000 with 2,718 sqft and a lot size of 0.16. 40621 Terraza has 5 bedrooms, 3.1 baths, and was built in 1999. The property's zip code is 92260 which is in Palm Desert, CA