1988 E Sandalwood Drive, Palm Springs

Active Fee Land

$529,000

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2

Beds

2

Baths

1,050

Square feet

Listing Agent
Marsha Kay Mcmahon-jones - Redfin Corporation

About 1988 E Sandalwood Drive

Welcome to Sagewood Condominiums, a celebrated mid-century community designed by renowned architect Donald Wexler and 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. Historic designation is currently in progress, offering potential eligibility for Mills Act tax benefits. 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.

1988 E Sandalwood Drive is a Residential property for sale. This Residential property is on Fee land and the current price is $529,000. This property has 2 bedrooms and 2.00 bathrooms and it was built in 1972. 332 - Central Palm Springs property has been listed on www.geoffreymoore.com for 9 days.

Features of 1988 E Sandalwood Drive

MLS® # 219147427DA
Price $529,000
HOA Fees $725
HOA Fees Freq. Monthly
Bedrooms 2
Bathrooms 2.00
Square Footage 1,050
Acres 0.00
Year Built 1972
Type Residential
Sub-Type Condominium
Status Active

Community Information

Address 1988 E Sandalwood Drive
Area 332 - Central Palm Springs
City Palm Springs
County Riverside
Zip Code 92262

Amenities

Amenities Maintenance Grounds, Insurance, Tennis Court(s), Cable TV, Water, Sport Court
Parking Spaces 3
Parking Assigned, Direct Access, Garage, Garage Door Opener
# of Garages 1
Garages Assigned, Direct Access, Garage, Garage Door Opener
View Park/Greenbelt, Mountain(s), Desert
Is Waterfront No
Has Pool Yes
Pool Community, In Ground, Electric Heat

Interior

Interior Concrete, Tile
Interior Features Breakfast Bar, Separate/Formal Dining Room, Furnished, Open Floorplan, Recessed Lighting, Storage, Multiple Primary Suites
Appliances Dishwasher, Electric Cooktop, Microwave
Heating Central, Forced Air
Cooling Central Air, Electric, Heat Pump
Has Basement No
Fireplace No
# of Stories 1

Exterior

Lot Description Drip Irrigation/Bubblers

Additional Information

Date Listed May 5th, 2026
Days on Market 9
Foreclosure No
Short Sale No
RE / Bank Owned No
Land Type Fee

Listing Details

AgentMarsha Kay Mcmahon-jones
OfficeRedfin Corporation

Listing Map

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