73265 Shadow Mountain Drive, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath

73265 Shadow Mountain Drive, Palm Desert, California 92260 home-pic-0
ACTIVE$570,000
73265 Shadow Mountain Drive, Palm Desert, California 92260
2Beds
2Baths
1,345Sqft
1,742Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location: Situated just one block from the iconic El Paseo, offering unparalleled access to high-end shopping, dining, and entertainment, enhancing lifestyle and potential rental appeal.
Top Cons:
Age of Building: Built in 1972, despite extensive interior remodeling, the underlying structure and common elements of the complex are older, which could lead to higher maintenance costs or special assessments from the HOA in the future.

Compared to the nearby listings

Price:$570.0K vs avg $500.0K (+$70,000)63%
Size:1,345 sqft vs avg 1,584 sqft31%
Price/sqft:$424 vs avg $32182%

More Insights

Built in 1972 (53 years old).
Condition: Despite being built in 1972, this property has undergone a 'fully remodeled' and 'completely transformed' renovation, as stated in the description and evidenced by the images. The kitchen features custom wood cabinetry, modern stainless steel appliances (including beverage and wine fridges), sleek glass tile backsplash, and contemporary countertops. The bathrooms are equally impressive with dual vanities, modern fixtures, and spa-inspired glass-tile walk-in showers. The flooring is consistent, modern tile throughout. All visible components, including light fixtures and finishes, appear new or virtually new, reflecting a recent, high-quality renovation that meets current standards.
Year Built
1972
Close
-
List price
$570K
Original List price
$570K
Price/Sqft
$424
HOA
$375
Days on market
-
Sold On
-
MLS number
219136057DA
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Stylish & fully remodeled, mid-century condo just one block from El Paseo! PLUS, STR allowed. This beautifully updated single-story condo in the heart of Palm Desert is a rare find! Just one block from the iconic El Paseo, this 2-bedroom, 2-bathroom home has been completely transformed with a modern open-concept design--perfect for effortless entertaining. PLUS, its zoned R-3 which allows you the flexibility to short term vacation rental with an active permit. The gourmet kitchen is functional and spacious, featuring custom wood cabinetry, a sleek glass tile backsplash, and an entertainment bar complete with a beverage center and two wine fridges. The kitchen seamlessly flows into the family room, where expansive windows frame stunning pool and mountain views, creating the perfect indoor-outdoor ambiance. Additionally, there is a spacious outdoor dining area off the kitchen for dining al fresco. The spacious primary suite offers two separate closets (including a walk-in), dual vanities, and a spa-inspired glass-tile walk-in shower. A sliding glass door leads to the private backyard, inviting you to enjoy the crisp fall air with a retractable shade for convenience and privacy.The second bedroom is equally spacious and features its own sliding door to the patio. As a corner unit, this home boasts one of the largest yards in the complex, a blank canvas ready for your personal touch. A dedicated laundry room-- a rare feature in homes of this era--adds convenience.With high-end finishes, a prime location, and breathtaking views, this stunning condo is even better in person! Don't miss your chance to own a piece of Palm Desert paradise.

Condition Rating
Excellent

Despite being built in 1972, this property has undergone a 'fully remodeled' and 'completely transformed' renovation, as stated in the description and evidenced by the images. The kitchen features custom wood cabinetry, modern stainless steel appliances (including beverage and wine fridges), sleek glass tile backsplash, and contemporary countertops. The bathrooms are equally impressive with dual vanities, modern fixtures, and spa-inspired glass-tile walk-in showers. The flooring is consistent, modern tile throughout. All visible components, including light fixtures and finishes, appear new or virtually new, reflecting a recent, high-quality renovation that meets current standards.
Pros & Cons

Pros

Prime Location: Situated just one block from the iconic El Paseo, offering unparalleled access to high-end shopping, dining, and entertainment, enhancing lifestyle and potential rental appeal.
Short-Term Rental (STR) Potential: Zoned R-3 with an active permit allowing short-term vacation rentals, providing significant income-generating opportunities for investors or flexible usage for owners.
Extensive Modern Remodel: Fully remodeled with a stylish mid-century modern aesthetic, open-concept design, gourmet kitchen with high-end finishes, and spa-inspired bathrooms, offering a turnkey, luxurious living experience.
Desirable Views & Outdoor Living: Expansive windows frame stunning pool and mountain views, complemented by a spacious outdoor dining area and one of the largest private yards in the complex, ideal for entertaining and relaxation.
Functional & Luxurious Layout: Features a spacious primary suite with dual vanities and a walk-in shower, a dedicated laundry room (rare for its era), and a well-designed open floor plan perfect for modern living.

Cons

Age of Building: Built in 1972, despite extensive interior remodeling, the underlying structure and common elements of the complex are older, which could lead to higher maintenance costs or special assessments from the HOA in the future.
Ongoing Association Fees: A monthly association fee of $375.0 adds a recurring cost to ownership, which needs to be factored into the overall budget and can impact affordability for some buyers.
Unfinished Backyard Landscaping: The private yard is described as a 'blank canvas,' indicating that significant additional investment in time and money will be required by the new owner to landscape and personalize the outdoor space.

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