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Mike Gassaway

mike@mikesd.com +1(619) 436-9446

$499,000

Est. payment - /mo

2 Beds

2 Baths

1,050 SqFt

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Pending

Purchase Type For Sale

Square Footage 1,050 sqft

Price per Sqft $475

MLS Listing ID 219147427DA

Bedrooms 2

Full Baths 2

HOA Fees $725/mo

Year Built 1972

Property Sub-Type Condominium

Property Description

Under $500k in 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

Location

State CA

County Riverside

Direction Use GPS Cross Street: N Cerritos Rd.

Interior

Interior Features Recessed Lighting, Furnished

Heating Forced Air Unit

Cooling Central Forced Air, Heat Pump(s), Electric

Flooring Tile

Fireplace No

Appliance Dishwasher, Microwave

Exterior

Parking Features Assigned, Direct Garage Access, Garage Door Opener

Garage Spaces 1.0

Pool Below Ground, Community/Common

Amenities Available Sport Court

View Y/N Yes

View Mountains/Hills, Desert

Porch Concrete

Total Parking Spaces 3

Building

Story 1

Level or Stories 1

Others

HOA Name Sagewood

HOA Fee Include Cable/TV Services,Exterior Bldg Maintenance,Limited Insurance,Sewer,Water

Senior Community No

Tax ID 507421024

Acceptable Financing Cash, Conventional, Cash To New Loan, Submit

Listing Terms Cash, Conventional, Cash To New Loan, Submit

Special Listing Condition Standard

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Listed by Marsha Kay McMahon-Jones, DRE#02136398 Redfin Corporation

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Mike Gassaway

+1(619) 436-9446

Realtor License ID: 01405332

1988 E Sandalwood Drive Palm Springs, CA 92262

Mike Gassaway

Key Details

Location

Interior

Exterior

Building

Others

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1988 E Sandalwood Drive