New

Open House

$529,000

For Sale

2 days ago

1988 E Sandalwood Dr, Palm Springs, CA

Condo

MLS® 219147427DA

2 Bed

2 Bath

1050 sqft

3 Parking

Open House

Sat May 9, 11:00 AM - 1:00 PM PDT

Key Facts
Description
Rooms
Map

Key Facts

Type Condominium

Levels Residential

Size 1050 sqft

Garage Yes

HOA Fees $725

Taxes

Days Active 1

Approx. Age 1972

Avg. Price Per Sqft $503

MLS® Number 219147427DA

Property Address: 1988 E Sandalwood Dr, Palm Springs, CA, 92262

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number219147427DA

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageYes

Approx. Age1972

Stories1

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 5, 2026List Date

$529,000List Price

Commute

Commute

Starting Address

Destination Address

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