73850 Fairway Drive 18, Palm Desert, California 92260, Palm Desert, 92260 - bed, 1 bath

73850 Fairway Drive 18, Palm Desert, California 92260 home-pic-0
ACTIVE$205,000
73850 Fairway Drive 18, Palm Desert, California 92260
0Bed
1Bath
432Sqft
537Lot
Year Built
1966
Close
-
List price
$205K
Original List price
$235K
Price/Sqft
$475
HOA
$1,966
Days on market
-
Sold On
-
MLS number
219121713DA
Home ConditionFair
Features
Good View:
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $205.0K(2th), sqft - 432(1th), beds - undefined(1th), baths - 1(8th).

Step into resort living with this ground-level, 432 sq. ft. studio condo in the heart of Palm Desert. Located just blocks from El Paseo, the 'Rodeo Drive of the Desert' you'll be surrounded by world-class boutiques, fine dining, and lively entertainment. Fully furnished, this home is effortless as a weekend desert escape or a ready-to-go rental property. At Shadow Mountain Resort, every day feels like vacation. Since 1946, this iconic destination has been where athletes, socialites, and desert lovers gather. For tennis, pickleball, and padel enthusiasts, it's a paradise with 14 championship courts, 3 clay courts, 6 lighted courts, and 7 pickleball courts. With clinics, private lessons, and a pro shop stocked with the latest gear, this is the place to sharpen your game and join a vibrant community of players. Golfers will love being in the heart of the Coachella Valley, minutes away from some of the country's most celebrated courses. After a morning round, come home to a dip in the legendary 130-foot figure-8 pool, cool off in one of three smaller saltwater pools, or ease tired muscles in the whirlpool spas and saunas. If shopping is your sport, luxury is just around the corner with Hermes, Gucci, Saks Fifth Avenue, The Apple Store, and dozens of fine dining restaurants and hip boutiques on El Paseo. When you're ready to relax, dine poolside at Above the Eight Restaurant & Bar with fresh seasonal fare and sweeping resort views. Quarterly HOA dues make life simple by covering all utilities; electricity, water, Wi-Fi, cable, and internet. Your time can be spent enjoying the desert, not managing bills. This is your opportunity to own a piece of mid-century modern history in a community built for recreation, relaxation, and refined living. The property unit number is 18. The resort's door number is 135.

Nearby schools

7/10
Palm Desert High School
Public,9-121.6mi

Price History

Date
Event
Price
11/14/25
Price Change
$205,000-3.5%
10/23/25
Price Change
$212,500-2.3%
10/09/25
Price Change
$217,500-5.0%
08/15/25
Price Change
$229,000
12/27/24
Listing
$235,000
Condition Rating
Fair

Built in 1966, this studio condo features a kitchen and bathroom with dated wood cabinets and black appliances, suggesting renovations that are likely 15-30 years old. While the property is clean, functional, and includes updates like granite-like countertops, tile flooring, and recessed lighting, the overall aesthetic is outdated. It is well-maintained but shows signs of its age and previous renovation styles, requiring minor updates to meet current tastes.
Pros & Cons

Pros

Prime Location: Located just blocks from El Paseo, known as the 'Rodeo Drive of the Desert,' offering unparalleled access to world-class boutiques, fine dining, and entertainment. It's also centrally located in the Coachella Valley, minutes from celebrated golf courses.
Exceptional Resort Amenities: Part of the iconic Shadow Mountain Resort, residents enjoy access to 14 championship tennis courts, 7 pickleball courts, multiple pools including a legendary 130-foot figure-8 pool, whirlpool spas, saunas, and an on-site restaurant.
All-Inclusive HOA: Quarterly HOA dues cover all essential utilities, including electricity, water, Wi-Fi, cable, and internet, simplifying ownership and providing predictable monthly expenses.
Turnkey & Income Potential: The studio condo is fully furnished, making it an effortless option for a weekend desert escape or a ready-to-go rental property, offering immediate usability and potential for passive income.
Mid-Century Modern Charm: Built in 1966, the property offers a piece of mid-century modern history within a well-established and vibrant resort community, appealing to those who appreciate classic desert architecture.

Cons

Compact Size: At 432 sq. ft., this ground-level studio condo is very compact, which may limit its appeal for buyers seeking more spacious living arrangements or extended stays.
High Association Fees: The quarterly HOA fee of $1966 (approximately $655 per month) is substantial for a studio unit, potentially impacting affordability and return on investment, despite including utilities.
Price Reduction History: The property has undergone multiple price reductions from its original list price of $235,000 down to $205,000, which could indicate market resistance or an initial overvaluation.

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