73850 Fairway Drive, 296, Palm Desert, CA 92260
73850 Fairway Drive, 296, Palm Desert, CA 92260
Property Description
A rare creekside desert retreat at the Historic Shadow Mountain Resort, Unit 296 offers charm, comfort, and income potential in the heart of South Palm Desert. This larger upper-level studio lives beautifully, with an open layout, generous living space, and a private balcony overlooking the peaceful creek with mountain views. Offered fully furnished and turnkey, this inviting property is ready for immediate enjoyment as a weekend escape, seasonal residence, full-time home, or income-producing asset. The remodeled interior lives comfortably with easy flow, inviting natural light, and a layout that feels both functional and relaxed. Shadow Mountain Resort is a gated community known for lush grounds, a classic resort setting, and a prime location near El Paseo, the Rodeo Drive of the Coachella Valley, dining, shopping, galleries, golf, and hiking. HOA coverage includes all utilities, cable TV, and internet, creating exceptional convenience and value. Owners enjoy community pools, spa areas, guest parking, assigned covered parking, and additional resort membership options for pickleball, tennis, fitness, pool, spa, and more. Creekside ambiance, upper-level privacy, and a sought-after Palm Desert address make this a coveted lock-and-leave desert base or rental asset.
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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 · 5 active · 4 closed
Shadow Mountain Resort · Palm Desert · Condominium
Listed 8.1% below the median closed sale of $288,250. Price per sqft ($414) is a 18% premium to closed comps ($352).
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 73850 Fairway Drive | Palm Desert | 1969 | 0 | 1 | 640 | 0 | $420 | $269,000 | 9 | 97 |
| 73850 Fairway | Palm Desert | 1966 | 0 | 1 | 432 | 0 | $498 | $215,000 | 144 | 87 |
| 77805 California Drive | Palm Desert | 1973 | 1 | 1 | 750 | 871 | $305 | $229,000 | 67 | 77 |
| 43376 Cook Street | Palm Desert | 1987 | 1 | 1 | 703 | 0 | $306 | $214,999 | 3 | 74 |
| 72631 Thrush Road | Palm Desert | 1971 | 2 | 1 | 840 | 840 | $308 | $259,000 | 130 | 74 |
| Total: 5 · Average | 0.8 | 1.0 | 673 | 855.5 | $367.4 | $237,399.8 | 70.6 | |||
| Median | 703 | $229,000 | ||||||||
Closed Properties (4)
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 | 80 |
| 40856 La Costa Circle | Palm Desert | 1981 | 05/29/2026 | 1 | 1 | 821 | 1,742 | $269,000 | $260,000 | $317 | 0.97 | 73 | 63 |
| 77116 Pauma Valley Way | Palm Desert | 1984 | 06/03/2026 | 2 | 2 | 938 | 0 | $309,000 | $309,000 | $329 | 1.00 | 96 | 57 |
| 41876 Jupiter Hills Court | Palm Desert | 1984 | 05/13/2026 | 2 | 2 | 938 | 1,742 | $310,000 | $304,000 | $324 | 0.98 | 35 | 50 |
| Total: 4 · Average | 1.5 | 1.5 | 829.5 | 1,597 | $286,375 | $286,375 | $352.25 | — | 59.25 | ||||
| Median | 938 | $304,000 | $304,000 | ||||||||||
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.