73850 Fairway, Palm Desert, California 92260, Palm Desert, 92260 - 0 bed, 1 bath
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Palm Desert, California 92260
This Turnkey Resort Condominium is listed at $215,000, positioned near its $209,948 Fair Market Value, reflecting the high demand for the historic Shadow Mountain Resort community. The unit maintains a Good Condition Rating following significant kitchen and bathroom updates, including stainless appliances and contemporary tiling. A comprehensive $654 HOA fee covers all utilities and resort amenities like the iconic figure-eight pool and tennis courts. With No Short-Term Rental Restrictions and proximity to El Paseo, this property is a high-utility asset for Short-Term Rental Investors or Vacation Home Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 73850 Fairway Subject | $215,000* List Price | 0 | 1 | 432 | $486 | - |
A 73850 Fairway Drive 39 Sold | $220,000 | 0 | 1 | 423 | $520 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1966, this unit appears to have undergone significant updates, particularly in the kitchen and bathroom, likely within the last 5-15 years. The kitchenette features modern stainless steel appliances (refrigerator, wine cooler) and updated cabinetry/countertops. The bathroom boasts a contemporary tiled shower with a glass enclosure, modern fixtures, and an updated vanity. The flooring throughout is well-maintained tile, and light fixtures are functional. The property is move-in ready with no immediate renovations required, aligning with a 'Good' condition score.
The property offers exceptional investment potential due to no short-term rental restrictions and options for owner-managed or resort-managed rental pool.
The HOA fee comprehensively covers gas, water, AC, heat, cable, and internet, simplifying budgeting and reducing monthly utility expenses.
Situated within the renowned Shadow Mountain Resort, providing access to tennis, pickleball, an iconic pool, and walking distance to El Paseo nightlife.
With only 432 square feet, the property offers a very limited living area, which may not suit all buyer preferences or needs for extended occupancy.
Despite its inclusive nature, the $654 monthly HOA fee is significant and could be a considerable financial commitment for potential buyers.
Built in 1966, the unit is an older property, which may suggest dated finishes or potential for future maintenance related to aging infrastructure, if not recently updated.
Shadow Mountain Resort is a fantastic tennis and now Pickleball destination. Located several blocks from the El Paseo nightlife. What safer way to get home after an adventure at your favorite restaurant than walking home. The Resort also has an iconic large figure eight pool. All the comforts of a home in a small package! The HOA covers all utilities in the HOA fee. Gas, water, AC, Heat, Cable and internet. Shadow Mountain Resort is a unique place to own an investment property since there are no short term rental restrictions. Properties can be rented out by the owner or placed in the resorts rental pool which is handled by the resort management The history of Shadow Mountain Resort: Shadow Mountain Resort initially known as the Shadow Mountain Club, was a foundational development for the city of Palm Desert, first opening its doors in 1948. It was the vision of developer Clifford Henderson, often called the "father of Palm Desert". The Shadow Mountain Golf Club, the first golf course in Palm Desert, opened in 1958. It was designed by legendary golfers Gene Sarazen and George Von Elm and was designated a Historic Landmark by the city in 2010. The resort and golf club later became separate entities in 1968.
No exterior & parking available.
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 2% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 432 | 1,548 | 1% |
| Lot Size | - | 2,408 | 17% |
| Price | $215.0K | $502.5K | 1% |
| Price per sq ft | $498 | $335 | 88% |
| Built year | 1966 | 1979 | 10% |
| HOA | $654.0 | $760 | 31% |
| Days on market | 100 | 163 | 22% |
Jan 13, 2026
$215,000
Initial Listing