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72303 Sommerset Drive — Palm Desert — 3 Beds • 2 Baths • 1,786 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+54 more

$399,900

32 DOM

$224/sqft3 bd2 ba1,786 sqftHOA ~660/mo

Call

72303 Sommerset Dr Palm Desert, CA 92260

2,940sqft lot

Welcome to the desirable Sommerset community in Palm Desert, where comfort and tranquility meet. This beautifully situated 3 bedroom, 2 bath condo offers a peaceful and serene desert setting highlighted by an inviting private courtyard that creates a warm and welcoming first impression and provides the perfect space for morning coffee, relaxing or firing up the BBQ. Inside, the thoughtfully designed floor plan, the largest in the community, offers comfortable living areas filled with natural light, ideal for both everyday living and entertaining. A unique blend of privacy and charm while offering a relaxed desert lifestyle within a beautifully maintained community. Large covered patio and located steps from community pool and spa. Residents of Sommerset enjoy well-kept grounds and resort-style amenities, all while being conveniently located just minutes from Palm Desert's premier shopping and dining on El Paseo, and close to world class golf and entertainment. This is an exceptional opportunity to enjoy peaceful desert living in one of the area's most desirable communities. Tennis, Pickleball, Pools, Spas, Greenspace and more.

MLS 219144810DA

(760) 844-7500 (Office) (760) 668-2904 (Cell) mjeppson81@gmail.com

Est. payment

$3,216/mo

Principal & interestTaxesInsuranceHOA

$2,022$417$117$660

Down %

Rate %

Years

Down payment: $79,980 · Total cost: $807,940

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$3,216/mo

Principal & interest: $2,022
Est. property tax: $417
Est. insurance: $117
HOA (normalized / mo): $660
Down payment: $79,980

Est. gross rent$1,666/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,550/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Mar 13, 2026	$450,000	—

Facts & Features

Transaction Data

▼Price Reduced from $450,000 (−$50,100)

HOA Fee$660/monthly

Structure & Property

Year Built1978

Garage Spaces1

(760) 844-7500 (Office) (760) 668-2904 (Cell) mjeppson81@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

72303 Sommerset Drive, Palm Desert, CA 92260

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Call

72303 Sommerset Dr Palm Desert, CA 92260

About this home

Mike Jeppson

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Mike Jeppson

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

72303 Sommerset Drive, Palm Desert, CA 92260

About This Property

Property Photos

72303 Sommerset Dr Palm Desert, CA 92260

About this home

Mike Jeppson

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Mike Jeppson

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.