1988 E Sandalwood Drive, Palm Springs, CA 92262
Local realty services provided by:Better Homes and Gardens Real Estate Champions
1988 E Sandalwood Drive,Palm Springs, CA 92262
$529,000
- 2 Beds
- 2 Baths
- 1,050 sq. ft.
- Condominium
- Active
Upcoming open houses
- Sat, May 0911:00 am - 01:00 pm
Listed by: marsha kay mcmahon-jones
Office: redfin corporation
MLS#:219147427
Source:CA_DAMLS
Price summary
- Price:$529,000
- Price per sq. ft.:$503.81
- Monthly HOA dues:$725
About this home
Welcome to Sagewood Condominiums, a celebrated mid-century community designed by renowned architect Donald Wexler and 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. Historic designation is currently in progress, offering potential eligibility for Mills Act tax benefits. 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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Home facts
- Year built:1972
- Listing ID #:219147427
- Added:3 day(s) ago
- Updated:May 09, 2026 at 02:32 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Flooring:Ceramic Tile, Concrete
- Dining Description:Breakfast Counter/Bar, Dining Area
- Bathrooms Description:Bidet, Remodeled, Shower Stall, Tile Shower
- Kitchen Description:Pantry, Quartz Counters
- Living area:1,050 sq. ft.
Heating and cooling
- Cooling:Air Conditioning, Central Air, Electric, Heat Pump
- Heating:Central, Forced Air
Structure and exterior
- Year built:1972
- Building area:1,050 sq. ft.
- Exterior Features:Concrete Slab Patio, Drip System, Sprinklers
- Levels:1 Story
Utilities
- Sewer:In Street Paid
Finances and disclosures
- Price:$529,000
- Price per sq. ft.:$503.81
Features and amenities
- Appliances:Microwave Oven
- Laundry features:In Bathroom
- Amenities:Exterior Security Lights, Turnkey
- Pool features:Community, Fenced, Heated, In Ground
Parking
- Parking description:Assigned, Attached Garage, Direct Entrance, Garage, Garage Door Opener, Guest Parking
- Garage spaces:1
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