73850 Fairway Drive 14, Palm Desert, California 92260, Palm Desert, 92260 - 1 bed, 1 bath
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Palm Desert, California 92260
This studio condominium at Shadow Mountain Resort is a Strong Value Opportunity, listed at $210,000—positioned well below the $211,096 Fair Market Value by 0.5%. This property offers $1,096 in Instant Equity. Featuring a Condition Rating of 4, the unit provides a functional, turnkey space with access to resort-style amenities like tennis and pools. While the $2,209 HOA fee is a significant carrying cost, the all-inclusive utility structure simplifies budgeting. This is an ideal Asset for Buy-and-Hold Investors or second-home buyers seeking a low-maintenance desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 73850 Fairway Drive 14 Subject | $210,000* List Price | 1 | 1 | 522 | $404 | - |
A 73165 Tumbleweed Lane 4 Sold | $272,500 | 1 | 1 | 621 | $439 | 0.7 mi |
B 73850 Fairway Active | $215,000 List Price | 0 | 1 | 432 | $498 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, this studio maintains a clean but dated interior. The bathroom features older tile countertops and cabinetry likely exceeding 20 years in age. While functional and marketed as turnkey, the finishes and fixtures require modernization to meet current standards.
Located in the historic Shadow Mountain Resort, owners enjoy premier access to world-class tennis, pickleball courts, and multiple figure-eight swimming pools.
The monthly HOA fee covers all essential utilities including electricity, water, gas, and trash, providing predictable monthly expenses and simplified budgeting.
This mid-century studio comes fully furnished and ready for immediate use, making it an ideal 'lock-and-leave' second home or a ready-to-go rental investment.
The monthly association fee of $2,209 is exceptionally high relative to the property's list price, which may impact the overall return on investment and buyer financing options.
With only 522 square feet of living area, the studio layout offers limited space and privacy, potentially restricting its appeal to long-term residents or larger groups.
Welcome to your picture-perfect desert escape or next investment opportunity. Nestled within the legendary, historic Shadow Mountain Resort, this beautifully efficient 522 sq. ft. studio condominium offers the quintessential Palm Desert lifestyle with unbeatable convenience and resort-style amenities.Step into a turnkey furnished space that is ready for immediate enjoyment. Whether you are looking for a private desert hideaway to escape the winter chill, a low-maintenance ''lock-and-leave'' second home, or a highly rentable asset, this property delivers. The mid-century charm of the historic resort blends perfectly with modern, comfortable living.At Shadow Mountain Resort, every day feels like a vacation. As an owner, you and your guests may enjoy premier membership access to:Sparkling, figure-eight swimming pools and relaxing spas.World-class tennis and pickleball courts.True All-Inclusive HOA: Say goodbye to multiple bills! The monthly HOA fee incredibly covers all utilities (electricity, water, trash, and gas), making budgeting a breeze.Condo is #131 at the door.
No exterior & parking available.
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 522 | 1,548 |
| Lot Size | 522 | 2,178 |
| Price | $210.0K | $473.9K |
| Price per sq ft | $402 | $321 |
| Built year | 1966 | 1983 |
| HOA | $2209.0 | $800 |
| Days on market | 31 | 69 |
Jun 21, 2026
$210,000
Initial Listing
Apr 22, 2005
$145,000
Public Record
Apr 22, 2004
$83,000
Public Record
May 11, 1999
$41,000
Public Record