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- Listed price
- $5,967,000
- Listed Nov 6, 2025
- Last sold price
- No recorded sale
111,949 sqft lot|1986 Built|2 MLS days on market
72261 Highway 111, Palm Desert, CA 92260
Property Description
Ideally located street front retail on major thoroughfare throughout the entire Coachella Valley - CA Hwy 111 Daily Needs Center located in retail epicenter in the heart of the Coachella Valley with an outstanding variety of boutiques, thrift stores and major retailers Located in the Hub of shopping, dining, entertainment in the Heart of Palm Desert- Highway 111 is home to many of Palm Desert’s major retailers. Here, you’ll find familiar names like Target, Saks Off Fifth, Bed Bath and Beyond, Marshall’s, TJ Maxx, Nordstrom Rack and more. Another popular thoroughfare for shopaholics, Monterey Avenue, which is sprinkled with both shopping plazas and major retailers like Walmart, Sam’s Club and Lowe’s. Affluent / Country Club Location - located against the backdrop of the San Jacinto Mountains with over 150 golf courses throughout Coachella Valley and where home prices span from $1M to $40M
Listing agent: Richard ParkDRE #01303893richpark75@gmail.com, Listing office: Synergy Real Estate
MLS data updated 10/24/2026, 5:38:04 PM PT
Source: CRMLSMLS #: PW25255265
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Latest asking price$5,967,000
Nov 6, 2025
Available records12025
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$5,967,000Original asking price · Nov 6, 2025ZIP 92260 · Nov 2025
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 · 1 price recordsNov 6, 2025 – Nov 6, 2025
ZIP 92260 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
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
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.