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1988 E Sandalwood DR Palm Springs, CA 92262
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Key Details
Sold Price $495,001
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,050 sqft
Price per Sqft $471
Subdivision Sagewood
MLS Listing ID 219147427DA
Sold Date 08/27/26
Bedrooms 2
Three Quarter Bath 2
HOA Fees $725/mo
Year Built 1972
Property Sub-Type Condominium
Property 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
Location
State CA
County Riverside
Area Palm Springs Central
Building/Complex Name Sagewood
Rooms
Kitchen Pantry, Remodeled
Interior
Interior Features Open Floor Plan, Recessed Lighting, Storage Space
Heating Central, Forced Air
Cooling Air Conditioning, Central, Electric, Heat Pump(s)
Flooring Cement, Ceramic Tile
Equipment Dishwasher, Microwave
Exterior
Parking Features Assigned, Attached, Direct Entrance, Door Opener, Garage Is Attached
Garage Spaces 3.0
Pool Community, Fenced, Heated, In Ground
Amenities Available Assoc Maintains Landscape, Greenbelt/Park, Guest Parking, Sport Court, Tennis Courts
View Y/N Yes
View Desert, Green Belt, Mountains
Building
Story 1
Sewer In Street Paid
Level or Stories Ground Level
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Equity Union
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