Mountain Homes Realty
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1988 e sandalwood drive

Palm Springs, CA 92262

$499,000

2 BEDS 2-¾ BATHS
1,050 SQFT
Residential - Condominium
Price Changed
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Bedrooms 2
Total Baths 2
Square Feet 1050
Status Active
MLS # 219147427DA
County Riverside
More Info
Category Residential - Condominium
Status Active
Square Feet 1050
MLS # 219147427DA
County Riverside
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.
Location not available
Listing
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Satellite

Exterior Features

  • Construction Condo
  • Garage Yes
  • Garage Description Assigned, DirectAccess, Garage, GarageDoorOpener
  • Lot Description DripIrrigationBubblers

Interior Features

  • Appliances Dishwasher, ElectricCooktop, Microwave
  • Heating Central, ForcedAir
  • Cooling CentralAir, Electric, HeatPump
  • Fireplaces No
  • Living Area 1,050 SQFT
  • Year Built 1972

Financial Information

  • Parcel ID 507421024

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Redfin Corporation
The data for this listing came from the California Regional MLS
Listing data is current as of 07/10/2026.
California DRE #02247371

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