40621 Terraza , Palm Desert, CA 92260
$699,000
Est. Payment: $3,517.26/mo
5 Bed
4 Bath
2718 Sqft
Status: active | Days on site: 9
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House Description

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.

Highlights

Listed by ADRIAN MENESES , 909-260-2674 EINSTEIN REALTY , 909-294-6489. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.16

Year Built

1999

County

Riverside

Area

322 - North Palm Desert

Neighborhood

other

School District

Palm Springs Unified

Listing ID

IV26137923

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:4
  • Full Bathrooms:3
  • 1/2 Bathrooms:1
Air Cond:Central Air
Fireplaces:Family Room
Other:Walk-In Closet(s)
Other:Public

Exterior Features

Lot:0-1 Unit/Acre,No Land Lease
Garage Capacity:3
Sewer:Public Sewer
Principal Interest
$3,517
Taxes
$446

Home Price

$699,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$139,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,517.26

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,517.26 $445.61 $0.00 $3,962.87
Yearly $42,207.09 $5,347.35 $0.00 $47,554.44
Total $1,266,212.70 $160,420.50 $0.00 $1,426,633.20

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Palm Desert, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T08:36:43.000Z

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