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1988 E Sandalwood Dr

palm springs, CA 92262

$529,000

  • 2 BR
    2 BA
    approx. 1,050 SF

Interested? Let's Connect

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.

Details

1,050 Sq Ft

condo

$725 Monthly Maintenance/CC

Built in 1972

MLS/Listing ID 219147427DA

Amenities & Features

Heating - Forced Air

Breakfast Bar

Separate Formal Dining Room

Dishwasher

Electric Cooktop

Microwave

Association - Sport Court

Association - Maintenance Grounds

Mountains View

Association - Insurance

Association - Tennis Courts

Association - Cable TV

Tile

Concrete

Cooling - Heat Pump

Cooling - Electric

Cooling - Central Air

Community Pool

Association - Water

Furnished

Open Floor Plan

Recessed Lighting

Storage

Multiple Primary Suites

Lot - Drip Irrigation Bubblers

Parking - Assigned

Parking - Direct Access

Parking - Garage

Parking - Garage Door Opener

Pool - Community

Pool - Electric Heat

Pool - Inground

Desert View

Park View

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

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