48940 Phlox Place, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath
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Palm Desert, California 92260
This Turn-Key Desert Retreat in the prestigious Ironwood Country Club is listed at $499,000, representing a stable asset in a premier guard-gated community compared to its $426,140 Fair Market Value. Boasting a Condition Rating of 3, the residence features stone countertops, plantation shutters, and architectural skylights that invite natural light. Residents enjoy stunning mountain views from three private patios and access to the 7-rated Palm Desert High School. With rare 7-day short-term rental flexibility, this property is a premier choice for Seasonal Residents or Lifestyle-Focused Investors seeking a move-in-ready sanctuary.
Property is move-in ready.
While built in 1974, the property has undergone significant renovations likely within the 10-15 year range. It features updated stone countertops, consistent tile flooring throughout, and plantation shutters. The kitchen and systems appear well-maintained and functional, making it move-in ready as described in the turn-key listing.
The rare 7-day short-term rental policy within a prestigious guard-gated community makes this a high-performing asset for investors compared to the standard 30-day restrictions in Palm Desert.
Offered fully furnished and move-in ready with modern upgrades like architectural skylights and plantation shutters, allowing for an immediate lifestyle transition or rental listing.
Located in the exclusive Ironwood Country Club, the property boasts stunning mountain views and is just minutes from the world-class shopping and fine dining of El Paseo.
The $760 monthly association fee is a significant recurring expense that may impact the net ROI for investors and overall monthly affordability for primary residents.
Built in 1974, the property may require more frequent maintenance or future capital improvements to aging infrastructure compared to newer developments in the area.
The Versatile Desert Jewel: Luxury Living Meets Investment OpportunityTurn-Key Elegance with Rare 7-Day Rental PotentialDiscover the ultimate desert retreat in the prestigious, guard-gated Ironwood Country Club. This east-facing, 2-bedroom, 2-bathroom residence offers the perfect 'lock-and-leave' lifestyle for a primary owner, while doubling as a high-performing asset. With an HOA policy allowing short-term rentals of 7 days or more, this property stands out as one of the most flexible investment opportunities in Palm Desert.Refined Interiors & Scenic ViewsOffered fully furnished and move-in ready, the home is bathed in natural sunlight from architectural skylights. Stunning mountain views and accented with elegant plantation shutters. The open-concept layout flows effortlessly from the welcoming living area to three private patios--perfect for morning coffee or hosting sunset cocktails.Key Property Highlights:Fully Turn-Key: Professionally furnished; just bring your toothbrush.Modern Amenities: In-unit washer/dryer, large carport, and ample guest parking.Premier Location: Steps from the community pool and spa; Minutes from the luxury boutiques and fine dining of El Paseo.World-Class Club: Access to Ironwood's legendary amenities, including 36 holes of golf, tennis, bocce, and pickleball (flexible memberships available).Whether you are looking for a serene second home or a lucrative rental property, this residence combines the security of a gated community with the freedom to maximize your investment.Live the lifestyle you've earned--and let the property work for you.
No exterior & parking available.
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,214 | 1,214 | 50% |
| Lot Size | 2,178 | 517 | 60% |
| Price | $480.0K | $428.0K | 60% |
| Price per sq ft | $395 | $342 | 80% |
| Built year | 1974 | 1973 | 80% |
| HOA | $760.0 | $400 | 80% |
| Days on market | 405 | 242 | 0% |
May 12, 2026
$480,000
$499,000
-4% Price Drop
Initial Listing
Mar 22, 2026
$499,000
$535,000
-7% Price Drop
Initial Listing
Apr 29, 2025
$535,000
Initial Listing