73850 Fairway Drive, 115, Palm Desert, CA 92260
73850 Fairway Drive, 115, Palm Desert, CA 92260
Property Description
Beautifully remodeled, turnkey Desert Escape located in the heart of South Palm Desert! This unit was completely gutted and rebuilt with new flooring, kitchen, bathroom, lighting and finishes, plus a new sliding glass door and brand-new A/C installed in January 2026. Not an inch was left untouched, creating a fresh, comfortable retreat with little left to do but unpack and relax! For the savvy investor, Shadow Mountain Resort is one of the select Palm Desert communities that allows short-term rentals with no minimum stay, offering an appealing opportunity to enjoy your own desert getaway while generating potential rental income when you're away. HOA includes grounds, building maintenance, roving security guards, use of HOA pools plus high-speed WIFI and ALL utilities including electricity. Location is everything. Shadow Mountain Resort is just a block from El Paseo's world-class dining, shopping and art galleries, putting the best of South Palm Desert right outside your door. Whether you're looking for a weekend retreat, seasonal escape or investment property, this unit delivers the best of Palm Desert living in a prime location. Schedule your private showing today and come see this rare gem for yourself!
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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 ListingsComparative Market Analysis
Affordable Tier · 4 active · 5 closed
Shadow Mountain Resort · Palm Desert · Condominium
Listed 21.5% above the median closed sale of $205,000. Price per sqft ($576) is a 109% premium to closed comps ($276). Closed comps sold at 93% of list — buyers have negotiating leverage.
Price Position
Positioned above the market — commands a premium.
Active Properties (4)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 73850 Fairway Drive | Palm Desert | 1969 | 0 | 1 | 440 | 580 | $500 | $219,999 | 42 | 92 |
| 73850 Fairway Drive | Palm Desert | 1966 | 1 | 1 | 522 | 522 | $402 | $210,000 | 106 | 92 |
| 73850 Fairway Drive | Palm Desert | 1969 | 0 | 1 | 640 | 0 | $420 | $269,000 | 130 | 79 |
| 73850 Fairway Drive | Palm Desert | 1969 | 0 | 1 | 640 | 871 | $389 | $249,000 | 168 | 76 |
| Total: 4 · Average | 0.3 | 1.0 | 560.5 | 657.667 | $427.75 | $236,999.75 | 111.5 | |||
| Median | 640 | $249,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 73165 Tumbleweed Lane | Palm Desert | 1961 | 05/11/2026 | 1 | 1 | 621 | 1,307 | $272,500 | $272,500 | $439 | 1.00 | 33 | 64 |
| 43376 Cook Street | Palm Desert | 1987 | 07/01/2026 | 1 | 1 | 703 | 0 | $214,999 | $205,000 | $292 | 0.95 | 26 | 58 |
| 77912 Michigan Drive | Palm Desert | 1963 | 09/11/2026 | 1 | 1 | 825 | 69,200 | $199,000 | $175,000 | $212 | 0.88 | 97 | 53 |
| 77912 Michigan Drive | Palm Desert | 1963 | 08/10/2026 | 1 | 1 | 825 | 3,500 | $199,500 | $226,000 | $274 | 1.13 | 44 | 53 |
| 46967 Highway 74 | Palm Desert | 1971 | 08/18/2026 | 2 | 1 | 840 | 435 | $199,900 | $138,600 | $165 | 0.69 | 79 | 50 |
| Total: 5 · Average | 1.2 | 1.0 | 762.8 | 18,610.5 | $203,420 | $203,420 | $276.4 | — | 55.8 | ||||
| Median | 825 | $205,000 | $205,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.