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Closed
- Listed price
- $949,000
- Listed Jan 27, 2016 · $256/sq ft
- Sold price
- $890,000
- Sold Sep 16, 2016
3 beds|4 ba|3,700 sqft|13,504 sqft lot|1987 Built|205 MLS days on market
48550 Olympic Dr, Palm Desert, CA 92260
Property Description
Reduced - Located on a quiet cul-de-sac high up in the SUMMIT South Palm Desert. Just minutes to El Paseo fine dining, shopping & entertainment. This custom built home shows true pride of ownership from the moment you enter the foyer & open great room with walls of glass offer a sense of privacy yet phenomenal vista & mountain views of the Eisenhower Peak, along with towering tongue & groove ceilings, tumbled edge travertine flooring, recessed lighting. Great-room kitchen with Viking & stainless steel appliances, slab granite counters & separate wine closet. Spacious master suite with stunning mountain views, hardwood flooring, walk-in closet with custom built-ins & gorgeous bath with marble countertops & tub surround with separate walk-in shower. Two spacious guest suites, with great separation for the ultimate in privacy. The spacious covered patio with built-in BBQ leads out to the private salt water pool & spa, outdoor shower & expansive mountain views.
Listing agent: David KibbeyDRE #01341384dave@teamkibbey.com, Listing office: Desert Sotheby's International Realty
MLS data updated 10/27/2026, 6:55:44 AM PT
Source: CRMLSMLS #: 216002925DA
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$890,000
Sep 16, 2016
Available records22016
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92260 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
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MLS records may be incomplete. Earlier asking prices are not sale prices.