49271 Mariposa Drive, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath
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49271 Mariposa Drive
Palm Desert, California 92260
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,263Sq Ft
4,356Lot Size
Property Price
LIST PRICE$685,000
EST. MARKET VALUE
$700,520
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $685,000—positioned well below the $700,520 Fair Market Value by 2%. This valuation gap offers $15,520 in Instant Equity. Featuring a Mint Condition Rating and STR Approval, this turnkey condo offers immediate income potential. With a Dual Primary Suite Layout, private patios, and access to Ironwood Country Club amenities, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury desert retreat.
Estimated Market Value
$700,520
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49271 Mariposa Drive Subject 2 bd · 2 ba · 1,263 sqft · $555 | $685,000* List Price | 2 | 2 | 1,263 | $555 | - |
A 49161 Mariposa Drive Sold 2 bd · 2 ba · 1,368 sqft · $584 · 0.0 mi | $799,000 | 2 | 2 | 1,368 | $584 | 0.0 mi |
B 73323 Boxthorn Lane Sold 2 bd · 2 ba · 1,451 sqft · $555 · 0.4 mi | $805,000 | 2 | 2 | 1,451 | $555 | 0.4 mi |
C 73420 Poinciana Place Sold 2 bd · 2 ba · 1,358 sqft · $571 · 0.1 mi | $775,000 | 2 | 2 | 1,358 | $571 | 0.1 mi |
D 48640 Torrito Court Sold 2 bd · 2 ba · 1,441 sqft · $510 · 0.7 mi | $735,000 | 2 | 2 | 1,441 | $510 | 0.7 mi |
E 73412 Mariposa Drive Sold 2 bd · 2 ba · 1,633 sqft · $475 · 0.1 mi | $775,000 | 2 | 2 | 1,633 | $475 | 0.1 mi |
F 48646 Wolfberry Court Sold 2 bd · 2 ba · 1,550 sqft · $519 · 0.7 mi | $805,000 | 2 | 2 | 1,550 | $519 | 0.7 mi |
G 73280 Rosewood Court Active Under Contract 2 bd · 2 ba · 1,293 sqft · $383 · 0.3 mi | $495,000 List Price | 2 | 2 | 1,293 | $383 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1987, the property has undergone a complete high-end remodel and is described as immaculately maintained and newly painted. The kitchen is modern with premium cabinetry, integrated stainless steel appliances, and stone countertops. The interior features updated flooring and recessed lighting, meeting the criteria for a recent renovation in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Short-Term Rental Potential
The property is STR approved and allows for weekly rentals, a highly sought-after feature in Palm Desert that provides significant income potential for investors.
- Turnkey Remodeled Condition
Completely remodeled and freshly painted, this move-in-ready home features stainless steel appliances and new laundry units, eliminating the need for immediate renovation.
- Dual Primary Suite Layout
The floor plan offers two primary suites with private baths and three distinct outdoor patios, providing excellent privacy and a seamless indoor-outdoor desert lifestyle.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4356, other record lot size in square feet = 3920.
- High Monthly HOA Fees
At approximately $792 per month, the association fees represent a significant recurring expense that may impact monthly affordability for some buyers.
- Limited View Profile
The property is classified as having only a 'Peek-A-Boo' view, which may be a drawback for buyers seeking the expansive mountain or golf course vistas common in Ironwood.
About 49271 Mariposa Drive
STR APPROVED!!!!! WEEKLY RENTALS ALLOWED!!!!!! Welcome to this beautiful completely remodeled NEWLY PAINTED condo located in the heart of Ironwood Country Club--just moments from the tennis courts, fitness center, clubhouse, and world-class golf.This immaculately maintained home has just been freshly painted and is truly move-in ready. Featuring two primary suites, each with its own private bath and patio, the layout offers ideal separation for comfort and privacy.The inviting great room and dining area showcase a cozy fireplace and flow seamlessly into the open kitchen, complete with stainless steel appliances and sliding doors leading to a charming private courtyard. Enjoy indoor-outdoor living with three separate patios*, each offering a unique setting: a gated front courtyard with warm morning eastern sun, a dining area patio overlooking a lush greenbelt, just steps from the pool and spa, a private, shaded main patio accessible from the living room and primary suiteAdditional highlights include a NEW washer and dryer, generous natural light, and a peaceful, elevated location in South Palm Desert.The monthly HOA offers exceptional value, covering cable, internet, landscaping, trash, and 24-hour security, making this an easy and comfortable desert retreat.This is a fantastic opportunity to own a beautifully updated home in one of the area's most desirable communities.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $792.51 / Month
Neighborhood Insights
Palm Desert Unified Schools
Palm Desert High School
Grades 9-12 • 3.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,263 | 1,495.459 |
| Lot Size | 4,356 | 2,698.484 |
| Price | $685.0K | $456.9K |
| Price per sq ft | $542 | $309 |
| Built year | 1987 | 1984 |
| HOA | $792.51 | $813 |
| Days on market | 3 | 88 |
Pricing History
Listed for Sale
Oct 22, 2026
$685,000
Initial Listing
Sold
Nov 9, 2012
$329,000
Public Record
Sold
May 24, 2012
$225,000
Public Record