73448 Mariposa Drive, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath
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73448 Mariposa Drive
Palm Desert, California 92260
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,405Sq Ft
3,846Lot Size
Property Price
LIST PRICE$740,000
EST. MARKET VALUE
$710,859
4% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $740,000—positioned above the $710,860 Fair Market Value by 4%. While priced slightly above market, the property maintains a Condition Rating of 3, featuring a Granite Kitchen and Turnkey Furnishings that ensure immediate move-in readiness. With a flexible 7-night rental minimum and stunning Mountain/Greenbelt Views, this home offers significant income potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, low-maintenance desert retreat in Ironwood.
Estimated Market Value
$710,859
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 73448 Mariposa Drive Subject 2 bd · 2 ba · 1,405 sqft · $506 | $740,000* List Price | 2 | 2 | 1,405 | $506 | - |
A 73620 Boxthorn Lane Sold 2 bd · 2 ba · 1,369 sqft · $427 · 0.5 mi | $585,000 | 2 | 2 | 1,369 | $427 | 0.5 mi |
B 73323 Boxthorn Lane Sold 2 bd · 2 ba · 1,451 sqft · $555 · 0.5 mi | $805,000 | 2 | 2 | 1,451 | $555 | 0.5 mi |
C 73420 Poinciana Place Sold 2 bd · 2 ba · 1,358 sqft · $571 · 0.1 mi | $775,000 | 2 | 2 | 1,358 | $571 | 0.1 mi |
D 73412 Mariposa Drive Sold 2 bd · 2 ba · 1,633 sqft · $475 · 0.1 mi | $775,000 | 2 | 2 | 1,633 | $475 | 0.1 mi |
E 48640 Torrito Court Sold 2 bd · 2 ba · 1,441 sqft · $510 · 0.6 mi | $735,000 | 2 | 2 | 1,441 | $510 | 0.6 mi |
F 48826 Cassia Place Sold 2 bd · 2 ba · 1,681 sqft · $525 · 0.5 mi | $883,000 | 2 | 2 | 1,681 | $525 | 0.5 mi |
G 48955 Mariposa Drive Sold 2 bd · 2 ba · 1,164 sqft · $592 · 0.3 mi | $689,000 | 2 | 2 | 1,164 | $592 | 0.3 mi |
H 73141 Ajo Lane Active 2 bd · 2 ba · 1,278 sqft · $575 · 0.5 mi | $735,000 List Price | 2 | 2 | 1,278 | $575 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1979, the property has undergone a mid-life renovation (estimated 10-15 years ago) featuring granite countertops and updated wood cabinetry in the kitchen. The interior is well-maintained, turnkey furnished, and move-in ready with clean tile flooring and shutters, meeting the criteria for a functional, well-kept home.
PROSSTRENGTHS & OPPORTUNITIES
- Scenic Elevated Location
Situated on an elevated lot within the prestigious Ironwood Country Club, the property offers exceptional views of the mountains and lush greenbelts, providing a premium desert atmosphere.
- Turnkey & Flexible Living Space
The home is offered turnkey furnished and includes a versatile bonus room off the guest bedroom, providing immediate move-in readiness and extra space for guests or a home office.
- Investor-Friendly Rental Policy
With a rare 7-night minimum rental policy, this property offers significantly more flexibility and income potential compared to many desert communities that enforce stricter 30-day limits.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3846, other record lot size in square feet = 3920.
- Restricted Amenity Access
Access to the premier club facilities, including golf, tennis, and fitness centers, is not included in the purchase and requires a separate, additional membership fee.
- High Monthly Carrying Costs
The monthly association fee of $793 is a significant recurring expense that, when combined with the 1979 build date, may impact the overall affordability for some buyers.
About 73448 Mariposa Drive
Elevated location overlooking greenbelt and mountain views. 2-bedroom 2-bath plus added bonus room off guest bedroom with bunk beds and room for an office. Living area has tile flooring and bedrooms are carpeted. Shutters throughout. Lovely setting in the heart of Ironwood. This property is in good condition plus turnkey furnished to move-in and begin enjoying the desert life. This HOA has 7-night rental minimum. Use of Club facilities (dining, tennis, fitness, golf) are by membership only. Memberships are available through the on-site office
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 3,846 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $793.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Palm Desert High School
Grades 9-12 • 3.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,405 | 1,495.459 |
| Lot Size | 3,846 | 2,698.484 |
| Price | $740.0K | $456.9K |
| Price per sq ft | $527 | $309 |
| Built year | 1979 | 1984 |
| HOA | $793.0 | $813 |
| Days on market | 10 | 88 |
Pricing History
Listed for Sale
Oct 15, 2026
$740,000
Initial Listing
Sold
Jun 17, 1999
$180,000
Public Record