73255 Shadow Mountain Drive, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 3 bath
73255 Shadow Mountain Drive
Palm Desert, California 92260
Property Price
SUMMARY
Analysis of 73255 Shadow Mountain Drive, Palm Desert, California 92260 is currently available with a list price of $565,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Desert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone a comprehensive 'down to the studs' renovation, resulting in a modern open-concept layout with a gourmet kitchen featuring a large island and brand-new appliances. All interior components, including the dual primary suites and bathrooms with double vanities and walk-in showers, are virtually new and meet current high-quality standards, effectively neutralizing the 1972 original build year.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated just moments from El Paseo, the property offers unparalleled access to Palm Desert's premier luxury shopping, fine dining, and entertainment district.
- Comprehensive Renovation
The unit was taken down to the studs and reimagined with a modern open-concept layout, featuring a gourmet kitchen with a large island and brand-new appliances.
- Dual Primary Suites
The rare configuration of two full primary suites, each with private baths and walk-in closets, provides maximum privacy and versatility for owners and guests.
CONSRISKS & DEFICIENCIES
- Building Age
Despite the modern interior, the 1972 construction may mean the surrounding complex infrastructure and common areas lack the contemporary feel of newer developments.
- Market Momentum
Multiple price reductions since the initial listing suggest the property has struggled to find its market value in a competitive landscape.
About 73255 Shadow Mountain Drive
Fully furnished condo just moments away from El Paseo, Palm Desert's premier shopping and dining area. Single-level open concept condo is over 1200 square feet and has 2 primary suites and 2.50 baths. After being taken down to the studs and opened up to one large combined living, dining and kitchen with sliders out to a private rear patio, ideal for evening BBQs. The gourmet kitchen offers a large island, brand-new appliances and a breakfast bar. The primary suite has a walk-in closet, new bathroom with double vanity sinks, and also opens to the private patio. A second primary suite offers another private bath with a walk-in shower, perfect for guests or family members.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $375.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 1,240 | 1,548 | 23% |
| Lot Size | - | 2,522 | 15% |
| Price | $565.0K | $490.0K | 60% |
| Price per sq ft | $456 | $324 | 84% |
| Built year | 1972 | 1979 | 17% |
| HOA | $375.0 | $750 | 2% |
| Days on market | 159 | 157 | 53% |
Pricing History
Listed for Sale
Feb 26, 2026
$565,000
$585,000
-3% Price Drop
Initial Listing
Price Change
Jan 30, 2026
$585,000
$595,000
-2% Price Drop
Initial Listing
Price Change
Sep 29, 2025
$595,000
Initial Listing