1988 E Sandalwood Drive, Palm Springs, CA 92262
  • $499,000

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 and timeless Palm Springs appeal.

Listing Provided By:
Redfin Corporation
Marsha Kay McMahon-Jones

  • Address: 1988 E Sandalwood Drive, Palm Springs, CA
  • City: Palm Springs
  • State/county: California
  • Zip/Postal Code: 92262
  • Area: 332 - Central Palm Springs

Details

Updated on August 28, 2026 at 6:20 pm
  • Property ID 219147427DA
  • Price $499,000
  • Property Size 1050 sqft
  • Bedrooms 2
  • Bathrooms 2
  • Year Built 1972
  • Property Type Condo
  • Property Status Sold

Additional details

  • Garage Spaces 1.00
  • Three Quarter Bathrooms 2
  • Original Price 529000.00
  • Cooling Electric,Central Air,Heat Pump
  • Heating Forced Air,Central
  • Interior Features Furnished,Recessed Lighting,Open Floorplan,Storage
  • Kitchen Appliances Quartz Counters,Remodeled Kitchen
  • Parking Assigned,Direct Garage Access,Garage Door Opener
  • Pool Y/N 1
  • Stories 1
  • View Desert,Mountain(s),Park/Greenbelt

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