Listing provided courtesy of Redfin Corporation- MLS# 219147427MLS Provider

1988 E Sandalwood DrivePalm Springs, CA 92262

Condo/Townhouse · 2 Beds · 2 Three Quarter Baths · 1,050 Sq. ft.
$529,000 Active

1988 E Sandalwood Drive Overview

Time on Site:
56 days
Visits:
0

Welcome to Sagewood Condominiums, a celebrated mid-century community designed by renowned architect Donald Wexler which just received historic designation, offering potential eligibility for Mills Act tax benefits. . Sagewood is also slated to be featured on the 2027 Modernism Week Tour. This highly successful 5-star Airbnb has generated approximately $87K in gross revenue since February 2024, with a local Superhost co-host available to continue management--making this an exceptional turnkey investment opportunity. This open-concept, ground-floor single-level end unit showcases a dramatic 12-foot multi-slide wall of glass that seamlessly connects the interior to an expansive private patio--perfect for indoor-outdoor entertaining. The sleek, modern kitchen features quartz countertops, stainless steel appliances, European dishwasher, oversized island, and a peninsula perfect for casual dining or prep. Offered turnkey furnished for immediate enjoyment or rental income. Both ensuite bedrooms offer custom closet systems and beautifully updated tile baths with walk-in showers. Design-forward finishes include polished concrete floors, recessed lighting, dual-pane windows and sliders, and a tankless water heater with softening system. A one-car garage, additional parking space, and ample storage complete the package, along with a full electrical panel and grounding system replacement (2025). Set across 19 acres of fee-simple land, Sagewood's lush greenbelts, mature desert landscaping, and vibrant gardens create a serene, park-like setting. Sagewood offers three heated pools and spas, tennis, pickleball, and a vibrant social atmosphere. Ideally located just minutes from downtown Palm Springs - close to world-class shopping, dining, and entertainment with easy access to El Paseo, Acrisure Arena, Cotino, the Indian Wells Tennis Garden, PGA West, and the Coachella and Stagecoach festival grounds. A rare opportunity to own an architectural icon with strong income potential and timeless Palm Springs appeal.

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1988 E Sandalwood Drive Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,050
  • Price/Sq.ft. $504

Details

General

Association/HOA

  • Association Amenities: Tennis Courts,Greenbelt/Park,Guest Parking,Maintenance Grounds,Sport Court
  • Association Fee: 725.0
  • Association Fee Includes: Building \u0026 Grounds,Cable TV,Earthquake Insurance,Insurance,Maintenance Paid,Sewer,Water
  • Association Name: Sagewood
  • Association: true

Building Information

  • Year Built: 1972

Location/Region

  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: 332 - Palm Springs Central
  • Subdivision Name: Sagewood
  • Walk Score: 0

Community/Development

  • Community Features: Sidewalks

General Information

  • Disclosures: CC \u0026 R,Earthquake Insurance Available,Easements,Historical Design,Homeowners Association
  • Furnished: Turnkey
  • Listing Terms: Cash,Cash to New Loan,Conventional,Submit
  • Parcel Number: 507421024
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: false
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 1.0

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 1050.0

General Information

  • Appliances: Dishwasher,Electric Cooktop,Microwave Oven
  • Fireplace: false
  • Flooring: Ceramic Tile,Concrete
  • Interior Features: 2 Master Bedrooms,Bidet,Quartz Counters,Open Floorplan,Recessed Lighting,Storage
  • Laundry Features: In Bathroom
  • Levels: Ground
  • Living Area: 1050.0
  • Security Features: Exterior Security Lights
  • Spa Features: Community,Fenced,Heated,In Ground
  • Spa: true
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: Assigned,Direct Entrance,Garage Door Opener,Total Covered Spaces,Total Uncovered/Assigned Spaces
  • Parking Total: 3.0

Lot Information

  • Lot Size Source: Assessor

Waterfront/View

    Building Exterior/Construction

    • Attached Garage: true
    • Patio And Porch Features: Concrete Slab

    General Information

    • Pool Features: Community,Fenced,Heated,In Ground
    • Pool Private: true
    • Sewer: In Street Paid

    1988 E Sandalwood Drive Neighborhood

    Palm Springs, California, Community Guide | Bennion Deville Homes

    Nestled at the base of the San Jacinto Mountains, the beautiful desert resort city of Palm Springs, California, is an international destination for outdoor sport enthusiasts, Mid-Century architecture admirers, and fans of the glamour of Golden Era Hollywood. Palm Springs is located approximately 110 miles southeast of Los Angeles and 140 miles northeast of San Diego, making it an ideal distance for Southern California residents to escape for a quick getaway weekend or the perfect locale for a second home. Search Palm Springs homes for sale.

    Community

    92262 (Palm Springs) Demographics

    53
    Median Age
    775
    Population Density (per sq. mile)
    48%
    College Educated
    $55,757
    Estimated Median Income
    8,518
    Estimated Total Home Owners
    5,359
    Estimated Total Renters
    61% / 39%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1988 E Sandalwood Drive Monthly Cost

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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1988 E Sandalwood Drive Market Data

    Based on the last 30 days in this zip code

    $1,097,455
    Average List Price
    $616
    Average Price per Square Foot
    109
    Properties Sold
    97
    Average Days on Market
    1,179
    Properties for Sale
    Calculations provided by Reliance Network

    1988 E Sandalwood Drive History

    Date Event Value Agent
    5/5/2026Source: CRMLS Added to Database
    May 05, 2026
    5/5/2026Source: California Desert MLS Added to Database
    May 05, 2026
    9/14/2022Source: CRMLS Added to Database
    September 14, 2022
    6/24/2022Source: TheMLS (CLAW) Added to Database
    June 24, 2022
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