73405 Foxtail Lane, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 3 bath

73405 Foxtail Lane, Palm Desert, California 92260 home-pic-0
ACTIVE$499,000
73405 Foxtail Lane, Palm Desert, California 92260
2Beds
3Baths
1,525Sqft
1,600Lot
Year Built
1982
Close
-
List price
$499K
Original List price
$515K
Price/Sqft
$327
HOA
$832
Days on market
-
Sold On
-
MLS number
25530013PS
Home ConditionGood
Features
Excellent View: Park/Greenbelt, Mountain(s)
Deck
Spa
Patio
ViewPark/Greenbelt, Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $499.0K(50th), sqft - 1525(43th), beds - 2(50th), baths - 3(73th).

Step into luxury with this beautifully updated 2-bedroom, 3-bathroom home, complete with an additional bonus room, located in the highly sought-after Ironwood Country Club. Fully furnished, every room showcases breathtaking mountain views, complemented by two spacious decks that provide an ideal setting to enjoy the desert landscape. Inside, modern upgrades include updated flooring and elegant finishes throughout. The private courtyard is a serene escape, featuring a hot tub perfect for relaxing after a long day of golf, tennis, or pickleball. This property is situated on a prime lot, offering open, unobstructed views of the mountains and greenspace, adding a rare sense of tranquility and privacy. Conveniently located near the community pool, it's the perfect blend of leisure and convenience within this exclusive gated community. Foxtail is the ideal hybrid for buyers seeking lifestyle first and income second. Priced with lifestyle in mind, rather than aggressive rental margins, it's STR-approved with a proven rental history, grossing over $54K in 2024 through a mix of Airbnb and VRBO bookings. With a private jacuzzi and a well-loved layout, it consistently receives high marks from guests and has earned Super Host status. Enjoy it for the season, then rent it out to cover expenses when you're away. Ironwood CC is renowned for its prestige and is located just minutes from the upscale shopping and dining of El Paseo. Whether you're seeking a full-time residence, seasonal escape, or a savvy investment, this unique Ironwood gem delivers the best of the desert lifestyle.

Nearby schools

7/10
Palm Desert High School
Public,9-123.3mi
Condition Rating
Good

This property, built in 1982, has undergone significant and recent updates, particularly evident in the kitchen and one of the bathrooms. The kitchen features modern stainless steel appliances, updated cabinetry, and contemporary countertops, while one bathroom boasts a new vanity, modern fixtures, and stylish lighting. The main living areas have updated flooring, contributing to a fresh, move-in ready feel. However, the master bathroom, while functional, appears to have an older renovation with tiled countertops and less contemporary fixtures, preventing an 'Excellent' rating. Overall, the home is well-maintained with modern touches throughout, making it a solid 'Good' condition property.
Pros & Cons

Pros

Exceptional Views & Prime Location: Offers breathtaking, unobstructed mountain and greenspace views from every room and spacious decks, situated on a prime lot within the prestigious Ironwood Country Club, just minutes from upscale El Paseo.
Strong Income Potential & STR Approved: STR-approved with a proven rental history, grossing over $54K in 2024, and boasts Super Host status, making it an attractive investment for short-term rentals or a 'lifestyle first, income second' buyer.
Luxurious Updates & Turnkey Condition: Beautifully updated with modern flooring and elegant finishes throughout, and fully furnished, providing a move-in ready, high-end living experience.
Exclusive Community Amenities: Located within a renowned, gated country club offering access to golf, tennis, pickleball, and conveniently near a community pool, enhancing the luxury desert lifestyle.
Private Outdoor Living & Amenities: Features a serene private courtyard with a hot tub and two spacious decks, offering ample private space for relaxation and enjoying the desert landscape.

Cons

High Association Fees: The substantial monthly association fee of $832 significantly adds to the overall cost of ownership, potentially impacting affordability and investment returns.
Condominium Ownership & Modest Footprint: As a condominium, it may entail stricter HOA rules and shared walls, and the 1525 sqft with a 1600 sqft lot might be considered modest for a luxury country club property, potentially limiting appeal for buyers seeking more expansive space or a detached home.
Pricing Strategy: The property is 'priced with lifestyle in mind, rather than aggressive rental margins,' which may indicate a higher list price relative to pure investment-focused returns, despite its proven rental history.

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