$ 529,000
-
$529,000
Price -
2
Bed -
2
Bath -
1,050
SqFt
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Open House Times
- Sat. May. 09 at 11:00am to 1:00pm
About the Listing DML-oD20887 - DML-d84003
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 P
Listing Highlights
Status
Active
Days on Site
2
Property Type
Condo/Townhome
MLS ®
219147427DA
Year Built
1972
Total Square Footage
1,050
Lot/Acreage
N/A
County
Riverside
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances: Cooktop - Electric, Microwave
- Air Cond: Air Conditioning,Central,Electric,Heat Pump(s)
- Heating: Central,Forced Air
- Fireplaces:
- Floor: Cement,Ceramic Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Bidet,Remodeled,Shower Stall,Tile,Breakfast Counter / Bar,Dining Area,Furnished,Open Floor Plan,Recessed Lighting,Storage Space,Pantry,Dining Room,Living Room
- Water:
Exterior Details
- Garage Capacity: 1 car
- Parking Spaces: 3
- Roof:
- Others:
- Sewer: In Street Paid
- Parking Features: Assigned,Attached,Direct Entrance,Door Opener,Garage Is Attached
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
1988 E Sandalwood Dr Palm Springs, CA 92262
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