1988 E Sandalwood Drive, Palm Springs, California 92262
  • $499,000
  • $529,000

Overview

Property ID: 219147427DA
  • Condominium, Residential
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 1.0
  • Garage
  • 1972
  • Year Built

Description

Under $500k in Sagewood Condominiums, a celebrated mid-century community designed by renowned architect Donald Wexler which just received historic designation, offering potential eligibility for Mills Act tax benefits. . Sagewood is also 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. 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.

  • Address: 1988 E Sandalwood Drive
  • City: Palm Springs
  • State/county: CA
  • Zip/Postal Code: 92262
  • Country: US

Details

Updated on July 1, 2026 at 7:50 pm
  • Property ID 219147427DA
  • Price $499,000
  • Bedrooms 2
  • Bathrooms 2
  • Garage 1.0
  • Year Built 1972
  • Property Type Condominium, Residential
  • Property Status Active

Additional details

  • Listing Terms Cash, Cash to New Loan, Conventional, Submit
  • Association Fee 725.0
  • Cooling Central Air, Electric, Heat Pump
  • Heating Central, Forced Air
  • Flooring Concrete, Tile
  • County Riverside
  • Property Type Residential
  • Pool Community, Electric Heat, In Ground
  • Parking Assigned, Direct Access, Garage, Garage Door Opener
  • Community Features Pool

Mortgage Calculator

Schedule a Tour

Video

360° Virtual Tour

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Compare listings

Compare