73879 Club Circle Dr 150, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 3 bath

73879 Club Circle Dr 150, Palm Desert, California 92260 home-pic-0
ACTIVE$750,000
73879 Club Circle Dr 150, Palm Desert, California 92260
3Beds
3Baths
1,449Sqft
2,178Lot
Year Built
1978
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$518
HOA
$679
Days on market
-
Sold On
-
MLS number
219128242DA
Home ConditionExcellent
Features
Good View: Golf Course, Mountain(s), Trees/Woods
Patio
ViewGolf Course,Mountain(s),Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $750.0K(85th), sqft - 1449(37th), beds - 3(65th), baths - 3(73th).

This beautifully remodeled, centrally located condo at the historic Shadow Mountain Resort & Tennis Club offers the perfect blend of luxury, comfort, and income potential. Approximately $65,000 renovation was completed in Summer 2023 and includes stunning new counters, bathrooms, flooring, lighting, and LG appliances. The space is thoughtfully furnished with high-end pieces from West Elm, Article, and Polywood, along with luxury mattresses--an additional investment of $25,000-$30,000.This turn-key property comes fully furnished and stocked with everything a guest could need: extra linens, towels, pool toys, cleaning supplies, tools, sports equipment, bikes, and even an electric scooter. It also includes a $12,000 Bintelli golf cart, ideal for cruising around the neighborhood or to nearby attractions. The garage is neatly organized with racks and storage, making this a true plug-and-play rental. The condo enjoys gorgeous mountain and golf course views and is just a 10-minute walk to the heart of El Paseo, where guests can enjoy world-class shopping, restaurants, and art galleries. The guest pool is steps away, and guests have access to multiple pools and hot tubs throughout the community. While the large figure-8 pool is reserved for owners only, guests can still book tennis lessons and clinics through the on-site pro shop or grab a bite at the Delish Cafe.The condo holds a valid short-term rental permit and has a property manager in place, making it perfect for buyers seeking a seamless, income-generating investment. With two years of proven rental history, this home removes the guesswork--just block off your personal dates and let the rental income roll in.This is a rare chance to own a vacation rental in one of Palm Desert's most desirable communities.

Nearby schools

7/10
Palm Desert High School
Public,9-121.7mi

Price History

Date
Event
Price
04/16/25
$750,000
Condition Rating
Excellent

The property was built in 1978 but underwent a $65,000 renovation in Summer 2023, including new counters, bathrooms, flooring, lighting, and LG appliances. The images confirm the high-quality renovation with modern finishes in the kitchen and bathrooms. The property appears to be in excellent condition.
Pros & Cons

Pros

Recent Renovation: The condo underwent a significant $65,000 renovation in Summer 2023, featuring new counters, bathrooms, flooring, lighting, and LG appliances, enhancing its modern appeal.
Turn-Key Rental Property: The property is fully furnished and stocked with high-end pieces and all necessary guest supplies, making it immediately ready for rental income generation.
Established Rental History: With two years of proven rental history and a valid short-term rental permit, this condo offers a seamless, income-generating investment opportunity.
Prime Location: Located in the desirable Shadow Mountain Resort & Tennis Club, the condo boasts mountain and golf course views and is a short walk to El Paseo's shopping, dining, and art galleries.
Amenities and Extras: Includes a $12,000 Bintelli golf cart, bikes, an electric scooter, and organized garage storage, adding significant value and convenience for guests and owners.

Cons

HOA Fees: The monthly association fee of $679 could be a deterrent for some buyers, impacting the overall profitability of the investment.
Limited Pool Access: Guest access to pools is limited, with the large figure-8 pool reserved for owners only, potentially impacting guest satisfaction.
Year Built: Built in 1978, the property may have older infrastructure or design elements that could require future updates or maintenance despite the recent renovation.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state