73340 Shadow Mountain Drive 41, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 3 bath
73340 Shadow Mountain Drive 41
Palm Desert, California 92260
Property Price
SUMMARY
Analysis of 73340 Shadow Mountain Drive 41, Palm Desert, California 92260 is currently available with a list price of $399,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
The property is well-maintained and move-in ready but remains largely dated, reflecting its 1973 construction. The kitchen features older white appliances, basic cabinetry, and fluorescent lighting, while the bathrooms and fixtures show signs of age without recent modern renovations. It meets the 'fair' criteria as an aged but functional home that requires cosmetic updates to meet current contemporary standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated just one block from El Paseo, the property offers unparalleled access to world-class shopping, dining, and art galleries in the heart of South Palm Desert.
- Short-Term Rental Potential
The community permits short-term rentals, providing a rare and valuable opportunity for investors to generate income in a highly sought-after destination.
- Low Carrying Costs
With an HOA fee under $500 per month and a competitive price point, this property offers excellent affordability and value for the South Palm Desert market.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1973, the unit may require modern cosmetic updates or infrastructure improvements to compete with newer developments in the area.
- Multi-Level Layout
The two-story configuration may limit appeal for buyers specifically seeking single-level living or those with mobility considerations.
About 73340 Shadow Mountain Drive 41
Located in the desirable Sandroc 1 community, this two-story condominium is offered at $399,900 and features 2 bedrooms, 2.5 bathrooms, and approximately 1,250 sq ft of living space. The functional floor plan includes an in-unit washer and dryer, generous living areas, and excellent separation of space between levels.The HOA is under $500 per month, and short-term rentals are permitted, offering flexibility for owner-occupants and investors alike. Ideally situated just one block from El Paseo, residents enjoy close proximity to renowned shopping, dining, art galleries, and entertainment in the heart of South Palm Desert.A rare opportunity to own a well-located property with income potential at an attractive price point.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 557 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $465.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Palm Desert High School
Grades 9-12 • 1.9 mi
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 | 1,250 | 1,548 | 23% |
| Lot Size | 557 | 2,522 | 21% |
| Price | $399.9K | $489.0K | 25% |
| Price per sq ft | $320 | $323 | 47% |
| Built year | 1973 | 1979 | 19% |
| HOA | $465.0 | $750 | 10% |
| Days on market | 37 | 157 | 2% |
Pricing History
Listed for Sale
Jan 29, 2026
$399,900
Initial Listing