73412 Mariposa Drive, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath
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Palm Desert, California 92260
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $820,000—positioned well below the $843,136 Fair Market Value by 2%. This valuation gap offers $23,136 in Instant Equity. Featuring a Mint Condition Rating with high-end kitchen renovations, updated HVAC, and stunning Mountain Views, this home offers a maintenance-free lifestyle. Located in the prestigious Ironwood Country Club, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 73412 Mariposa Drive Subject | $820,000* List Price | 2 | 2 | 1,633 | $516 | - |
A 73420 Poinciana Place Sold | $775,000 | 2 | 2 | 1,358 | $571 | 0.0 mi |
B 48826 Cassia Place Sold | $883,000 | 2 | 2 | 1,681 | $525 | 0.5 mi |
C 48646 Wolfberry Court Sold | $805,000 | 2 | 2 | 1,550 | $519 | 0.5 mi |
D 48644 Wolfberry Court Sold | $925,000 | 3 | 2 | 1,621 | $571 | 0.5 mi |
E 48641 Palo Verde Court Sold | $718,000 | 2 | 2 | 1,278 | $562 | 0.5 mi |
F 73465 Irontree Drive Sold | $968,000 | 2 | 2 | 1,933 | $501 | 0.1 mi |
G 73428 Poinciana Place Active Under Contract | $699,000 List Price | 2 | 2 | 1,629 | $429 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1979, the property has undergone a high-end renovation within the last 5 years. It features a modern kitchen with quartz counters and stainless appliances, fully updated bathrooms with walk-in tiled showers, and newer HVAC and water heater systems. The addition of updated windows, sliding doors, and epoxy garage flooring indicates a mint-condition, maintenance-free home.
The property features a modernized kitchen with quartz counters and stainless appliances, updated windows and sliding doors, and newer essential systems including the HVAC and water heater, ensuring immediate comfort and efficiency.
Situated on a desirable corner lot within the Ironwood Country Club, the home offers stunning mountain views of Mt Eisenhower and is conveniently located within walking distance to the clubhouse and fitness facilities.
The floorplan has been thoughtfully expanded to include a dedicated office with skylights and an additional family room/den, providing significantly more functional square footage and versatility than a standard two-bedroom unit.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4455, other record lot size in square feet = 4356.
The association fee of $793 per month, coupled with the fact that access to golf, tennis, and fitness facilities requires an additional private membership, results in a high recurring cost of ownership.
Despite the high-quality interior renovations, the original 1979 construction may present long-term maintenance considerations typical of older condominium developments compared to newer luxury builds.
Great corner location with mountain views and private gated patio. Popular 2 bedroom 2 bath floorplan with fireplace and added office plus family room/den. Attached double car garage has epoxy flooring, built-in cabinets, laundry + newer HVAC & water heater. Great living spaces with beautiful kitchen, stainless appliances & quartz counters. Kitchen is open to Living room & Family Room. Primary bath has walk-in tiled shower Guest suite has attached bath and added office with skylights. All sliding doors and windows are updated. Enjoy sunrise and moonrise over Mt Eisenhower from the spacious patio. Great views and privacy. Patio is tiled and walled for privacy. Walkway & driveway are interlocking paver stones. Impressive desert landscaping is beautifully maintained. Owner has moved out and current inventory is included. Located in the heart of the Club just a short walk to clubhouse & tennis/fitness facilities. Ironwood is a private Member-owned golf community. Access to facilities (golf, tennis, fitness, dining is by membership only). Rental is 7-day minimum
No exterior & parking available.
Grades 9-12 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,633 | 1,550 | 58% |
| Lot Size | 4,455 | 2,613 | 89% |
| Price | $820.0K | $500.0K | 85% |
| Price per sq ft | $502 | $335 | 87% |
| Built year | 1979 | 1979 | 50% |
| HOA | $793.0 | $764 | 55% |
| Days on market | 12 | 159 | 1% |
Jun 1, 2026
$820,000
Initial Listing
Jun 30, 2017
$451,000
Public Record
Oct 22, 2015
$355,000
Public Record
Mar 21, 2008
$400,000
Public Record
Sep 10, 2004
$389,000
Public Record
May 30, 2002
$325,000
Public Record