Cliff Pickett

Cliff Pickett

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$799,000

($380,112 down)
VA

408 Oakmont Drive, Palm Desert, CA 92211

4
4
2,552 sqft
PITI Monthly
$3,134.76 /mo

Listing courtesy of: Essa Rassool, Elite REO Brokers

Assumed Rate

3.45%
7.15%

Principal & Interest

$2,086 /mo
$3,157 /mo

What's Special

ENTERTAINMENT
DINING
SPACIOUS
LUXURY
STAINLESS STEEL APPLIANCES
FIREPLACE
VAULTED CEILINGS
SOAKING TUB
COZY

Welcome to 408 Oakmont Dr, Palm Desert, a beautifully crafted corner residence that seamlessly blends luxury and comfort in a prime desert setting. This spacious home features an open floor plan, vaulted ceilings, and elegant marble flooring throughout. The gourmet kitchen is equipped with stainless steel appliances, a gas range, a granite island, and plenty of storage. The bright and airy living areas include a grand piano, high ceilings, and an abundance of natural light. The primary suite serves as a tranquil retreat, complete with a spa-like en-suite that features a soaking tub, dual vanities, and a glass-enclosed shower. Additional highlights of this home include comfortable bedrooms, a cozy family room with a fireplace and access to the backyard, a convenient laundry room with extra storage, and a spacious 3-car garage. Step outside to your private oasis, where you can relax by the sparkling pool and spa amidst lush landscaping and towering palm trees. Ideally located just minutes from world-class golf courses, fine dining, and premier entertainment, this home offers the ultimate resort-style living experience in the heart of Palm Desert. Don't miss this incredible opportunity—schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.45
Remaining Loan Term
25 years, 1 months
Monthly PITI
$3,134.76/mo
Estimated Loan Balance
$437,257
Cash to close
$380,112
Interest Paid
$75,426

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: Community, Private, Association

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 1989
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Desert Falls The Lin
  • Features: Biking, Curbs, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Desert Falls Master
  • HOA Amenities: Unknown
  • HOA Fee: $715
  • HOA Frequency: $Monthly
Location
  • Region: Palm Desert

Financial Details

  • Price per Sqft: $313.09
  • Tax Annual Amount: $9987.5
  • On Market Date: 2025-04-16T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $380,112 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $380,112!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$418,888
Your Cash$380,112
Total Purchase Price:$799,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$2,086/mo
Traditional @ 7.15%
$3,275/mo
You save $1,189/month ($14,265/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG25084132

Listing From:

Last updated: 2025-04-17T13:25:27.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

3.45%
7.15%

Principal & Interest

$2,086 /mo
$3,157 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $380,112 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $380,112!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$418,888
Your Cash$380,112
Total Purchase Price:$799,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$2,086/mo
Traditional @ 7.15%
$3,275/mo
You save $1,189/month ($14,265/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Pink Realty
Agent/Broker
Cliff PickettPink Realty(719) 659-4073rockhomescos@gmail.comMLS FA100043147

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Pink Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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