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
See this Listing
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
- Address1988 E Sandalwood DR Palm Springs CA
- CityPalm Springs
- CountyRiverside
- Zip Code92262
Subdivisions in Palm Springs
- 43 @ Racquet Club 33139
- Alta 33401
- Andreas Hills
- Biarritz
- Biltmore
- Biltmore 33409
- Biltmore Colony 33410
- Caballeros Estates
- Caballeros Estates 33208
- Cahuilla Hills
- Camino Del Sol
- Canyon C.C. Estados
- Canyon Colony West
- Canyon Estates
- Canyon Granada 33420
- Canyon Heights
- Canyon Sands
- Canyon View Condos
- Canyon Vista Estates
- Canyon West Estates
- Casa Canyon
- Casa De Oro
- Casa Verde 33211
- Cathedral Canyon Country Club
- Center Court
- Central Palm Springs
- Central Palm Springs 33215
- Chino Canyon
- Coco Cabana
- Deauville
- Deepwell
- Demuth Park
- Demuth Park 33443
- Desert Highland Gateway
- Desert Palm Villas
- Desert Park Estates
- Desert Park Estates 33103
- Desert Sun Resort
- Diplomat
- El Dorado Palm Springs 33447
- El Mirador
- El Rancho Vista Estates
- Escena
- Escena 33274
- Estancias at South Canyon 33450
- Fairways
- Fairways 33451
- Firebird
- Flora Vista
- Four Seasons
- Four Seasons 33106
- Gateway Highlands 33107
- Hermosa Villas
- Indian Canyon Gardens
- Indian Canyon Villas 33109
- Indian Canyons
- La Palme
- Lantana Lodge 33231
- Las Palmas Heights
- Little Tuscany
- Los Compadres
- Los Compadres 33459
- Luminaire
- Mesquite Country Club 33465
- Mountain Gate
- Mountain Gate PS 33110
- Mountain Shadow North
- Mountain Shadows PS 33468
- Movie Colony
- Movie Colony East
- Movie Colony East 33248
- Ocotillo Lodge
- Old Las Palmas
- Palermo
- Palm Canyon Villas 33473
- Palm Sp Villas I
- Palm Sp Villas II
- Palm Springs C.C. 33113
- Palm Springs Country Club
- Palm Springs Golf &
- Palm Springs Golf & Tennis
- Palm Springs Villas I 33115
- Palm Springs Villas II 33114
- Park Escoba
- Park Imperial South 33481
- Plaza Villas
- Plaza Villas 33239
- Pueblo Sands
- Quail Point
- Racquet Club East
- Racquet Club East 33122
- Racquet Club West
- Ramon Estados
- Ranch Club Estados
- Rancho El Mirador 33245
- Rancho La Paz 33487
- Riviera Gardens
- Rose Garden 33247
- Saddlerock Estate
- Safari Park
- Safari Park 33493
- Sahara Park
- San Jacinto Cove 33126
- Sandstone Villas
- Seven Lakes C.C.
- Smoketree Racquet Cl
- Sol
- Sommerset Springs 33526
- St. Tropez Villas 33252
- Summerset Springs
- Sun Villas
- Sundial Condos
- Sunflower
- Sunrise Alejo
- Sunrise East
- Sunrise Palms
- Sunrise Park
- Sunrise Villas
- Tahquitz Creek Golf
- Tahquitz Creek Golf Course 33508
- Tahquitz Creek Villas
- Tahquitz River Estat
- Tahquitz River Estates
- Tahquitz River Estates 33510
- Terra Vita
- The Cove
- The Cove 33133
- The Mesa
- The Mesa 33463
- The Morrison
- The Que at Vibe
- Twin Springs
- Victoria Park 33134
- Victoria Park/Vista Norte
- Villa Alejo 33266
- Villa Caballeros
- Vintage Palms
- Vista Canyon
- Vista Las Palmas
- Warm Sands
- Waverly Park
- Waverly Park 33521
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


