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73615 Ironwood Street D, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath

73615 Ironwood Street D, Palm Desert, California 92260 home-pic-0
ACTIVE$769,000
73615 Ironwood Street D, Palm Desert, California 92260
2Beds
2Baths
1,689Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Income Potential: This property is a proven cash-generating asset, averaging $6,000 a month in season, making it ideal for investors or those seeking significant supplemental income.
Top Cons:
Age of Core Infrastructure: While extensively remodeled, the 1962 build year suggests that some core infrastructure (e.g., plumbing, electrical beyond visible updates) may still be original or older, potentially requiring future maintenance.

Compared to the nearby listings

Price:$769.0K vs avg $500.0K (+$269,000)89%
Size:1,689 sqft vs avg 1,584 sqft64%
Price/sqft:$455 vs avg $32191%

More Insights

Built in 1962 (63 years old).
Condition: This 1962-built condo has undergone an extensive and high-quality remodel, making it move-in ready. The kitchen features modern white cabinetry, slab granite countertops, and high-end Viking stainless steel appliances. Bathrooms are updated with walk-in showers and sleek granite. While the original build year suggests some older core infrastructure, the visible components, including flooring, windows, and fixtures, are modern and well-maintained, aligning with a property extensively renovated within the last 5-15 years.
Year Built
1962
Close
-
List price
$769K
Original List price
$769K
Price/Sqft
$455
HOA
$285
Days on market
-
Sold On
-
MLS number
219128013PS
Home ConditionGood
Features
Excellent View: Mountain(s), Panoramic
Spa
Patio
ViewMountain(s), Panoramic

About this home

Cash generating Donald Wexler, mid-century modern condo in the heart of South Palm Desert. Averaging $6,000 a month in season. This fully furnished condo is ready for its next guest. Situated within the historic Shadow Mountain Golf Course which you can join that has an amazing pool!. This end-unit gem feels more like a single-family home, complete with a private spa and a spacious lot. Its prime location is just a short stroll from El Paseo's renowned dining and shopping destinations. This stunning, remodeled home offers an open floor plan featuring two primary bedrooms, two bathrooms, and a versatile den that can double as an office. The galley kitchen is beautifully updated with Viking stainless steel appliances (KitchenAid Refrigerator), slab granite countertops, and gorgeous cabinetry. Both bathrooms showcase walk-in showers and sleek granite counters. Each bedroom has ample closet space! Additional highlights include double-pane windows and sliders, custom window treatments. Step outside to your south-facing patio, where breathtaking mountain views provide the perfect backdrop for entertaining. Relax in your private saltwater spa, surrounded by the beauty of the San Jacinto Mountains and Chocolate Hills, all within a tranquil community. The Shadow Mountain Fairway Cottages, a boutique community of just 54 homes, offers the ultimate desert lifestyle with incredibly low HOA fees of only $285 per month. HOA benefits include front yard maintenance, exterior painting, street upkeep, and insurance. Turnkey - Ethan Allen furniture and with high-quality decor this condo is ready or you to move in and enjoy. Don't miss this rare chance to own a piece of mid-century modern history just steps from the vibrant El Paseo district!

Nearby schools

7/10
Palm Desert High School
Public,•9-12•1.9mi
Condition Rating
Good
This 1962-built condo has undergone an extensive and high-quality remodel, making it move-in ready. The kitchen features modern white cabinetry, slab granite countertops, and high-end Viking stainless steel appliances. Bathrooms are updated with walk-in showers and sleek granite. While the original build year suggests some older core infrastructure, the visible components, including flooring, windows, and fixtures, are modern and well-maintained, aligning with a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Exceptional Income Potential: This property is a proven cash-generating asset, averaging $6,000 a month in season, making it ideal for investors or those seeking significant supplemental income.
Prime Walkable Location: Situated in the heart of South Palm Desert, the condo offers unparalleled walkability to El Paseo's renowned dining, shopping, and entertainment destinations.
Mid-Century Modern & Remodeled: A Donald Wexler-designed mid-century modern gem, extensively remodeled with an open floor plan, updated kitchen featuring Viking appliances, and modern bathrooms, blending historic charm with contemporary luxury.
Private Outdoor Amenities & Views: Enjoy a private saltwater spa, a spacious south-facing patio, and breathtaking panoramic mountain views, offering an exclusive and tranquil outdoor living experience.
Turnkey & Low HOA: Offered fully furnished with high-quality Ethan Allen decor, this turnkey property is ready for immediate enjoyment or rental, complemented by incredibly low HOA fees ($285/month) that cover essential maintenance.

Cons

Age of Core Infrastructure: While extensively remodeled, the 1962 build year suggests that some core infrastructure (e.g., plumbing, electrical beyond visible updates) may still be original or older, potentially requiring future maintenance.
Condominium Living Limitations: Despite feeling like a single-family home, it is a condominium, which inherently involves shared walls, potential noise transfer, and adherence to HOA rules and regulations that may limit owner autonomy.
Absence of Specific Cooling System Details: In Palm Desert's hot climate, a highly efficient cooling system is crucial. The description highlights double-pane windows but does not detail the type, age, or efficiency of the air conditioning unit, which could be a concern for comfort and energy costs.

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