1988 E Sandalwood DR
Palm Springs, CA, 92262
$529,000
2 Beds
2 Baths
1,050 SqFt
0 Acres
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MLS #219147427DA image #0
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.

Property Details

Price:
$529,000
MLS #:
219147427DA
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Neighborhood:
332centralpalmsprings
Listed Date:
May 5, 2026
Finished Sq Ft:
1,050
Year Built:
1972
Pool332 – Central Palm Springs332centralpalmspringsPark/greenbelt

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Schools

Interior

Appliances
DW, MW, ES
Bathrooms
2 Three Quarter Bathrooms
Cooling
CA, ELC, HP
Flooring
TILE, CONC
Heating
FA, CF
Interior Features
FU, ST, RECL, OFP

Exterior

Attached Garage YN
1
Garage Spaces
1
Parking Spots
3
Parking Total
3
Patio And Porch Features
CON
Security Features
EXL
Spa Features
HT, IG, COM
View
DE, MT, PK

Financial

HOA Fee
$725
HOA Fee Frequency
MO

Map

Community

Subdivisions in Palm Springs

Market Summary

Current real estate data for Condo in Palm Springs as of May 07, 2026
588
Condo Listed
75
Avg DOM
389
Avg $ / SqFt
$497,414
Avg List Price

Property Summary

    1988 E Sandalwood DR Palm Springs CA is a Condo for sale in Palm Springs, CA, 92262. It is listed for $529,000 and features 2 beds, 2 baths, and has approximately 1,050 square feet of living space, and was originally constructed in 1972. The current price per square foot is $504. The average price per square foot for Condo listings in Palm Springs is $389. The average listing price for Condo in Palm Springs is $497,414.

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1988 E Sandalwood DR
Palm Springs, CA