73265 Shadow Mountain Drive, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 2 bath

73265 Shadow Mountain Drive, Palm Desert, California 92260 home-pic-0
ACTIVE$570,000
73265 Shadow Mountain Drive, Palm Desert, California 92260
2Beds
2Baths
1,345Sqft
1,742Lot
Year Built
1972
Close
-
List price
$570K
Original List price
$580K
Price/Sqft
$424
HOA
$375
Days on market
-
Sold On
-
MLS number
219125363DA
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $570.0K(63th), sqft - 1345(31th), beds - 2(50th), baths - 2(50th).

Stylish & fully remodeled, mid-century condo just one block from El Paseo! PLUS, STR allowed. This beautifully updated single-story condo in the heart of Palm Desert is a rare find! Just one block from the iconic El Paseo, this 2-bedroom, 2-bathroom home has been completely transformed with a modern open-concept design--perfect for effortless entertaining. PLUS, its zoned R-3 which allows you the flexibility to short term vacation rental with an active permit. The gourmet kitchen is functional and spacious, featuring custom wood cabinetry, a sleek glass tile backsplash, and an entertainment bar complete with a beverage center and two wine fridges. The kitchen seamlessly flows into the family room, where expansive windows frame stunning pool and mountain views, creating the perfect indoor-outdoor ambiance. Additionally, there is a spacious outdoor dining area off the kitchen for dining al fresco. The spacious primary suite offers two separate closets (including a walk-in), dual vanities, and a spa-inspired glass-tile walk-in shower. A sliding glass door leads to the private backyard, inviting you to enjoy the crisp fall air with a retractable shade for convenience and privacy.The second bedroom is equally spacious and features its own sliding door to the patio. As a corner unit, this home boasts one of the largest yards in the complex, a blank canvas ready for your personal touch. A dedicated laundry room-- a rare feature in homes of this era--adds convenience.With high-end finishes, a prime location, and breathtaking views, this stunning condo is even better in person! Don't miss your chance to own a piece of Palm Desert paradise.

Price History

Date
Event
Price
08/07/25
Price Change
$570,000
02/24/25
Listing
$580,000
Condition Rating
Excellent

Despite being built in 1972, the property has been 'fully remodeled' and 'completely transformed' with 'high-end finishes' as stated in the description. The images confirm this, showcasing a modern, open-concept kitchen with custom wood cabinetry, sleek glass tile backsplash, stainless steel appliances, and beverage centers. The bathrooms feature modern dual vanities, updated fixtures, and contemporary tile work. The flooring throughout is modern tile, and the overall aesthetic is fresh and updated, indicating a very recent and extensive renovation that brings all components to current quality standards.
Pros & Cons

Pros

Prime Location & Income Potential: Situated just one block from El Paseo, this condo is zoned R-3 with an active short-term rental permit, offering excellent income potential and high desirability.
Extensive Modern Remodel: Fully remodeled with a stylish, open-concept design, high-end finishes, and a gourmet kitchen featuring custom cabinetry, beverage center, and wine fridges.
Stunning Views & Outdoor Access: Features expansive windows framing beautiful pool and mountain views, complemented by a spacious outdoor dining area and private backyard access from both bedrooms.
Luxurious Primary Suite: The primary suite boasts dual vanities, a spa-inspired glass-tile walk-in shower, and ample storage with two closets, including a walk-in.
Rare Condo Amenities: As a corner unit, it offers one of the largest private yards in the complex and includes a dedicated laundry room, a unique and convenient feature for a condo of this vintage.

Cons

Building Age: Despite extensive interior renovations, the 1972 construction year of the building itself may lead to potential future maintenance or assessment costs related to common area infrastructure.
Condominium Association Fees & Rules: Ownership includes a monthly association fee of $375, and buyers are subject to HOA rules and regulations, which can limit personal modifications or lifestyle choices.
Unfinished Backyard Potential: The 'blank canvas' backyard, while large for a condo, requires additional investment and effort from the new owner to landscape and personalize, adding to initial post-purchase expenses.

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