40621 Terraza
Palm Desert, CA, 92260
$699,000
5 Beds
4 Baths
2,718 SqFt
0.16 Acres
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MLS #IV26137923 image #0
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.

Property Details

Price:
$699,000
MLS #:
IV26137923
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
322northpalmdesert
Listed Date:
Jul 13, 2026
Finished Sq Ft:
2,718
Lot Size:
6,970 sqft / 0.16 acres (approx)
Year Built:
1999
Pool322 – North Palm Desert322northpalmdesertPalm Springs UnifiedNone

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Schools

School District:
Palm Springs Unified

Interior

Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
CA
Heating
CF
Laundry Features
IN
Levels
A
Main Level Bathrooms
4
Main Level Bedrooms
5

Exterior

Attached Garage YN
1
Common Walls
NCW
Community Features
SL, GOLF
Garage Spaces
3
Parking Spots
3
Parking Total
3
View
NO

Financial

Map

Community

Subdivisions in Palm Desert

Market Summary

Current real estate data for Single Family in Palm Desert as of Jul 25, 2026
903
Single Family Listed
187
Avg DOM
180
Avg $ / SqFt
$423,826
Avg List Price

Property Summary

    Located in the Other (OTHR) subdivision, 40621 Terraza Palm Desert CA is a Single Family for sale in Palm Desert, CA, 92260. It is listed for $699,000 and features 5 beds, 4 baths, and has approximately 2,718 square feet of living space, and was originally constructed in 1999. The current price per square foot is $257. The average price per square foot for Single Family listings in Palm Desert is $180. The average listing price for Single Family in Palm Desert is $423,826.

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40621 Terraza
Palm Desert, CA