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$529,000
Active
1988 E Sandalwood Drive Overview
- Time on Site:
- 55 days
- Visits:
- 0
Welcome to 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.
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1988 E Sandalwood Drive Facts & Features
- Type Condo/Townhouse
- Sq. ft. 1,050
- Price/Sq.ft. $504
Details
General
Association/HOA
- Association Amenities: Sport Court,Maintenance Grounds,Insurance,Tennis Court(s),Cable TV,Water
- Association Fee: 725.0
- Association Fee Frequency: Monthly
- Association Fee Includes: Earthquake Insurance,Sewer
- Association Name: Sagewood
- Association: Yes
Building Information
- New Construction: No
- Year Built: 1972
Location/Region
- Country: US
- County Or Parish: Riverside
- MLS Area Major: 332 - Central Palm Springs
- Postal City: PALM SPRINGS
- Walk Score: 0
Community/Development
- Community Features: Pool
Rent/Lease Information
- Land Lease: No
- Lease Considered: No
General Information
- Disclosures: Covenants/Restrictions Disclosure,Easement(s),Earthquake Insurance Available,Historical,HOA Disclosure
- Inclusions: refrigerator, washer, dryer, stove, outdoor bbq, mounted tvs & brackets, water softener
- Listing Terms: Cash,Cash to New Loan,Conventional,Submit
- Parcel Number: 507421024
- Property Sub Type: Condominium
- Property Type: Residential
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage Spaces: 1.0
- Garage: Yes
Beds/Baths
- Bathrooms Full: 0
- Bathrooms Half: 0
- Bathrooms One Quarter: 0
- Bathrooms Three Quarter: 2
- Bathrooms Total: 2
- Bedrooms Total: 2
General Information
- Appliances: Dishwasher,Electric Cooktop,Microwave
- Fireplace: No
- Flooring: Concrete,Tile
- Interior Features: Breakfast Bar,Separate/Formal Dining Room,Furnished,Open Floorplan,Recessed Lighting,Storage,Multiple Primary Suites
- Living Area: 1050.0
- Living Area Source: Assessor
- Security Features: Security Lights
- Spa Features: Community,Heated,In Ground
- Spa: No
- Stories Total: 1
Exterior
Parking Information
- Open Parking Spaces: 1.0
- Parking Features: Assigned,Direct Access,Garage,Garage Door Opener
- Parking Total: 3.0
Lot Information
- Lot Features: Drip Irrigation/Bubblers
- Lot Size Source: Assessor
- Lot Size Units: Square Feet
Waterfront/View
Building Exterior/Construction
- Attached Garage: Yes
- Patio And Porch Features: Concrete
- Property Attached: Yes
General Information
- Pool Features: Community,Electric Heat,In Ground
- Pool Private: Yes
1988 E Sandalwood Drive Neighborhood
Community
92262 (PALM SPRINGS) Demographics
53
Median Age
775
Population Density (per sq. mile)
48%
College Educated
$55,757
Estimated Median Income
8,518
Estimated Total Home Owners
5,359
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1988 E Sandalwood Drive Monthly Cost
1988 E Sandalwood Drive Market Data
Based on the last 30 days in this zip code
$1,097,455
Average List Price
$616
Average Price per Square Foot
70
Properties Sold
97
Average Days on Market
1,179
Properties for Sale
1988 E Sandalwood Drive History
| Date | Value | Agent |
|---|---|---|
| 5/5/2026Source: CRMLS | May 05, 2026 |
|
| 9/14/2022Source: CRMLS | September 14, 2022 |
Listing provided courtesy of Redfin CorporationMarsha Kay McMahon-Jones- MLS# 219147427DA
Contact Information: [email protected] - (877) 973-3346
Contact Information: [email protected] - (877) 973-3346