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.

Private poolFireplace · Family Room

Property details

Type: Single Family Residence
Built: 1999
Lot: 6,970 sqft
Garage: 3 spaces
Levels: One
Attached: No
HOA: None
$ / sqft: $235
Land: Fee (owned)
55+ community: No
Days on market: 77
Listed: Jun 30, 2026
Back on market: Jul 13, 2026
MLS ID: IV-26137923
Area: Palm Desert North
APN: 622321032

The association

No homeowners association — there are no monthly dues.

Sonata 2 Palm Desert

Satellite

Price History

Jan 2002	$329,500	$329,500	Expired212 days on market	⌄
Aug 2002	$315,000	$315,000	Sold0 days on market	⌄
Mar 2008	$580,000	$1,000	Expired39 days on market	⌄
Nov 2008	$599,000	$599,000	Expired165 days on market	⌄
Oct 2011	$314,900	$314,900	Sold64 days on market	⌄
Jun 2026	$699,000	$639,900	On the market77 days on market	⌄