1988 E Sandalwood DR, Palm Springs, CA 92262
1988 E Sandalwood DR, Palm Springs, CA 92262,Video Tour
1988 E Sandalwood DR, Palm Springs, CA 92262
1988 E Sandalwood DR, Palm Springs, CA 92262
1988 E Sandalwood DR, Palm Springs, CA 92262
1988 E Sandalwood DR, Palm Springs, CA 92262
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$ 529,000
Est. payment | /mo

2 Beds

2 Baths

1,050 SqFt


$ 529,000
Est. payment | /mo

2 Beds

2 Baths

1,050 SqFt

Open House

Sat May 09, 11:00am - 1:00pm

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,050 sqft

Price per Sqft $503

Subdivision Sagewood

MLS Listing ID 219147427DA

Bedrooms 2

Three Quarter Bath 2

HOA Fees $725/mo

HOA Y/N Yes

Year Built 1972

Property Sub-Type Condominium

Property Description

Welcome to Sagewood Condominiums, a celebrated mid-century community designed by renowned architect Donald Wexler and slated to be featured on the 2027 Modernism Week Tour. This highly successful 5-star Airbnb has generated approximately $87K in gross revenue since February 2024, with a local Superhost co-host available to continue management--making this an exceptional turnkey investment opportunity. Historic designation is currently in progress, offering potential eligibility for Mills Act tax benefits. This open-concept, ground-floor single-level end unit showcases a dramatic 12-foot multi-slide wall of glass that seamlessly connects the interior to an expansive private patio--perfect for indoor-outdoor entertaining. The sleek, modern kitchen features quartz countertops, stainless steel appliances, European dishwasher, oversized island, and a peninsula perfect for casual dining or prep. Offered turnkey furnished for immediate enjoyment or rental income. Both ensuite bedrooms offer custom closet systems and beautifully updated tile baths with walk-in showers. Design-forward finishes include polished concrete floors, recessed lighting, dual-pane windows and sliders, and a tankless water heater with softening system. A one-car garage, additional parking space, and ample storage complete the package, along with a full electrical panel and grounding system replacement (2025). Set across 19 acres of fee-simple land, Sagewood's lush greenbelts, mature desert landscaping, and vibrant gardens create a serene, park-like setting. Sagewood offers three heated pools and spas, tennis, pickleball, and a vibrant social atmosphere. Ideally located just minutes from downtown Palm Springs - close to world-class shopping, dining, and entertainment with easy access to El Paseo, Acrisure Arena, Cotino, the Indian Wells Tennis Garden, PGA West, and the Coachella and Stagecoach festival grounds. A rare opportunity to own an architectural icon with strong income potential and timeless Palm Springs appeal.

Location

State CA

County Riverside

Area 332 - Central Palm Springs

Interior

Interior Features Breakfast Bar, Separate/Formal Dining Room, Furnished, Open Floorplan, Recessed Lighting, Storage, Multiple Primary Suites

Heating Central, Forced Air

Cooling Central Air, Electric, Heat Pump

Flooring Concrete, Tile

Inclusions refrigerator, washer, dryer, stove, outdoor bbq, mounted tvs & brackets, water softener

Fireplace No

Appliance Dishwasher, Electric Cooktop, Microwave

Exterior

Parking Features Assigned, Direct Access, Garage, Garage Door Opener

Garage Spaces 1.0

Garage Description 1.0

Pool Community, Electric Heat, In Ground

Community Features Pool

Amenities Available Sport Court, Maintenance Grounds, Insurance, Tennis Court(s), Cable TV, Water

View Y/N Yes

View Desert, Park/Greenbelt, Mountain(s)

Porch Concrete

Total Parking Spaces 3

Private Pool Yes

Building

Lot Description Drip Irrigation/Bubblers

Story 1

New Construction No

Others

HOA Name Sagewood

HOA Fee Include Earthquake Insurance,Sewer

Senior Community No

Tax ID 507421024

Security Features Security Lights

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=sYxfyhdWJPU&mls=1

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Marsha Kay McMahon-Jones Redfin Corporation #02136398

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1303 E Grande Ave. #123, Arroyo Grande, CA, 93420, USA

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1988 E Sandalwood DR