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73850 Fairway Drive, 203, Palm Desert, CA 92260

$220K0bd · 1ba · 440 sqft
Lot 580 sqftHOA $1713/moCondominium
Active
27d on marketMLS# NP-26179504

Property Description

Amazing opportunity to own one of the most amazing little gems of old Palm Desert in historic Shadow Mountain Resort. Spectacular views of the mountain sunsets, pool and spa. Newly remodeled and fully furnished iconic desert getaway, rental or primary residence. Fantastic pool, spa, world class Tennis, Pickle Ball and Padle courts onsite. The unique Home Owners Association dues INCLUDE ALL UTILITIES, INTERNET AND DIRECT TV! WOW. Turn key and ready to enjoy!

Features & Amenities

Property Details

Subdivision
Shadow Mountain Resort
Land Type
Fee
Year Built
1969
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
View
Desert, Mountain(s), Pool
Flooring
Tile
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byPreferred Property Brokers, Deborah Wilkinson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,112.43
Principal & Interest
Loan Amount
$175,999
Total Interest
$224,477
Total Payment Over 30 Years
$400,476
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Shadow Mountain Resort

This property is located in Shadow Mountain Resort, a community in Palm Desert. Explore more listings in this neighborhood to compare options and pricing.

View Shadow Mountain Resort Listings

Comparative Market Analysis

Affordable Tier · 3 active · 5 closed

73850 Fairway Drive, 203, Palm Desert, CA 92260

Shadow Mountain Resort · Palm Desert · Condominium

$220K
Affordable Tier
Beds
0
Baths
1
Sqft
440
Lot
580 sqft
Year
1969
$/Sqft
$500
Pool: Yes
Spa: Yes
View: mountain
Garage: 1-car

Listed 7.3% above the median closed sale of $205,000. Price per sqft ($500) is a 79% premium to closed comps ($279). Closed comps sold at 90% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $220K· $500/sqft
Total list price
Closed comps
vs closed median $205K
+$15K (+7.3%)
Active comps
vs active median $249K
$29K (11.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $404
+$96 (+23.9%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
73850 Fairway DrivePalm Desert196611522522$402$210,0008486
73850 Fairway DrivePalm Desert196901640871$389$249,00014779
73850 Fairway DrivePalm Desert1969016400$420$269,00010879
Total: 3 · Average0.31.0600.667696.5$403.667$242,666.667113
Median640$249,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
73165 Tumbleweed LanePalm Desert196105/11/2026116211,307$272,500$272,500$4391.003363
46967 Highway 74Palm Desert197108/18/202621840435$199,900$138,600$1650.697959
43376 Cook StreetPalm Desert198707/01/2026117030$214,999$205,000$2920.952657
72694 Eagle RoadPalm Desert197106/30/202621840420$239,000$239,000$2851.009155
77912 Michigan DrivePalm Desert196309/11/20261182569,200$199,000$175,000$2120.889750
Total: 5 · Average1.41.0765.817,840.5$206,020$206,020$278.665.2
Median825$205,000$205,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.