Active Under Contract

1988 E Sandalwood Drive

Palm Springs, CA 92262
Mark as Favorite
Bed 2

Bed

Bath 0

Bath

SqFt1,050

Sqft

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, s tainless 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.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $499,000

AD Id : 87410389

MLS Id : 219147427DA

Beds : 2

Living Area Size : 1,050

Year Built : 1972

Garage : 1

County : Riverside

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2

    Flooring Information

    Concrete, Tile
  • Interior Features

    Breakfast Bar, Separate/Formal Dining Room, Furnished, Open Floorplan, Recessed Lighting, Storage, Multiple Primary Suites
    Appliances: Dishwasher, Electric Cooktop, Microwave
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Forced Air Has Cooling: Yes Cooling: Central Air, Electric, Heat Pump

  • Building Information

    Year Built: 1972
    Patio And Porch Features: Concrete
    Pool Features: Community, Electric Heat, In Ground
    Private Pool: Yes
    View: Desert, Park/Greenbelt, Mountain(s)
    Association Fee Frequency: Monthly

  • Lot Information

    Lot Size Source: Assessor Lot Description: Drip Irrigation/Bubblers

  • Listing Price Information

    Listing Price: $499000
    Original Price: $529000
    Cash, Cash to New Loan, Conventional, Submit

  • Tax Information

    Parcel Number: 507421024

  • Parking Information

    Parking Total: 3 Assigned, Direct Access, Garage, Garage Door Opener

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 1

    Homeowners Association Information

    Has Association: Yes
    Included Fees: Earthquake Insurance, Sewer
    HOA: $725.00
    Association Amenities: Sport Court, Maintenance Grounds, Insurance, Tennis Court(s), Cable TV, Water
    Community Features: Pool

  • Location Information

    Direction: Use GPS Cross Street: N Cerritos Rd. Security Features: Security Lights
Sell a home like this and save $29,441 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2527 N Whitewater Club .., Palm Springs, CA, 92262 $315,000 2 1 1,331 1,331 SqFt
2620 N Whitewater Club #D, Palm Springs, CA, 92262 $299,000 2 2 1,420 1,420 SqFt
2563 N Whitewater Club .., Palm Springs, CA, 92262 $449,000 3 1 1,625 1,625 SqFt
2615 N Whitewater Club .., Palm Springs, CA, 92262 $435,000 3 2 1,690 1,690 SqFt
2671 N Whitewater Club .., Palm Springs, CA, 92262 $439,000 3 2 1,677 1,677 SqFt
473 W Bradshaw Lane #10, Palm Springs, CA, 92262 $289,000 2 2 782 782 SqFt
401 S El Cielo Road #228, Palm Springs, CA, 92262 $275,000 1 1 868 868 SqFt
401 S El Cielo Road #128, Palm Springs, CA, 92262 $399,000 2 2 1,112 1,112 SqFt
401 S El Cielo Road #157, Palm Springs, CA, 92262 $247,000 1 1 768 768 SqFt
401 S El Cielo Road #22, Palm Springs, CA, 92262 $375,000 2 2 1,196 1,196 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/07/2026 @ 07:28

MLS: 219147427DA LISTED BY: Marsha Kay McMahon-Jones, Redfin Corporation 877-973-3346 SOURCE: CRMLS

Homes around $499,000

Selling? Save $29,441 when you sell a home like this

Tour with a ByOwner Agent