Iconic Figure-Eight Pool
1 / 37

73850 Fairway Drive, 190, Palm Desert, CA 92260

$269K0bd · 1ba · 640 sqft
Lot 0 sqftHOA $689/moCondominium
Active
11d on marketMLS# 219148482

Property Description

Tucked alongside a calming stream in Historic Shadow Mountain Resort, this beautifully reimagined creekside pied-à-terre is now available just moments from El Paseo. Renovated in 2021 with exceptional attention to design and functionality, this stunning studio home offers a sophisticated modern aesthetic with seamless indoor/outdoor living. The striking glass island serves as both the centerpiece of the kitchen and dining area, while the creatively suspended convection oven adds a unique architectural element. Sliding glass doors open to a tranquil patio overlooking the stream, creating an inviting retreat perfect for relaxing or entertaining. Ideally located in South Palm Desert, Shadow Mountain Resort places you within walking distance of El Paseo's renowned shopping, galleries, and dining, while also providing convenient access to hiking trails and Acrisure Arena, home of the Firebirds and the Lakers G League team; as well as a variety of concerts. Community amenities include pools, spas, assigned parking, guest parking, and the security of a gated community. Optional memberships are available at a remarkably low annual fee for access to the iconic Figure-Eight Pool, designed by noted landscape architect Tommy Tomson, along with pickleball, tennis, fitness facilities, and more. The resort has also added a Padel court, offering one of the fastest-growing racket sports blending elements of tennis and squash. Whether you are seeking the perfect lock-and-leave desert getaway, a stylish seasonal retreat, or an income-producing rental opportunity, this ideally located studio home offers an exceptional Palm Desert lifestyle. Here is where your utilities are paid through your HOA dues!!!

Features & Amenities

Property Details

Subdivision
Shadow Mountain Resort
Land Type
Fee
Year Built
1969
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Heating
Forced Air
Cooling
Air Conditioning, Wall/Window Unit(s)
View
Creek/Stream, Park/Green Belt
Flooring
Stone Tile
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byCentury 21 Affiliated Fine Homes & Estates, Greer Waller·760-272-7948

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,360.21
Principal & Interest
Loan Amount
$215,200
Total Interest
$274,476
Total Payment Over 30 Years
$489,676
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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 Listings

Comparative Market Analysis

Affordable Tier · 5 active · 4 closed

73850 Fairway Drive, 190, Palm Desert, CA 92260

Shadow Mountain Resort · Palm Desert · Condominium

$269K
Affordable Tier
Beds
0
Baths
1
Sqft
640
Lot
0 sqft
Year
1969
$/Sqft
$420
Pool: Yes
Spa: Yes
View: Creek/Stream, Park/Green Belt

Listed 6.7% below the median closed sale of $288,250. Price per sqft ($420) is a 19% premium to closed comps ($352).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $269K· $420/sqft
Total list price
Closed comps
vs closed median $304K
$35K (11.5%)
Active comps
vs active median $215K
+$54K (+25.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $353
+$67 (+19.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
73850 Fairway DrivePalm Desert196901640871$414$265,0004899
73850 FairwayPalm Desert1966014320$498$215,00014487
77805 California DrivePalm Desert197311750871$305$229,0006878
43376 Cook StreetPalm Desert1987117030$306$214,999376
77912 Michigan DrivePalm Desert19631182569,200$241$199,000175
Total: 5 · Average0.61.067023,647.333$352.8$224,599.852.8
Median703$215,000

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
73165 Tumbleweed LanePalm Desert196105/11/2026116211,307$272,500$272,500$4391.003381
40856 La Costa CirclePalm Desert198105/29/2026118211,742$269,000$260,000$3170.977369
77116 Pauma Valley WayPalm Desert198406/03/2026229380$309,000$309,000$3291.009659
41876 Jupiter Hills CourtPalm Desert198405/13/2026229381,742$310,000$304,000$3240.983555
Total: 4 · Average1.51.5829.51,597$286,375$286,375$352.2559.25
Median938$304,000$304,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.