new - 3 days on rocket

73850 Fairway Dr Unit 197, Palm Desert, CA, 92260

$269,000

Home List Price

$3,194*

Closing Credit

1 Full Bath
640 SqFt
$420/SqFt
Condo

Location

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73850 Fairway Dr Unit 197, Palm Desert$269,000

Buyer Closing Credits

$3,194*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Guest
Year Built1969
HeatingElectric, Forced Air
CoolingWall/Window Unit(s)
WaterfrontStream, Waterfront
ViewMountain(s), Panoramic, Creek/Stream, Water
MLS #219121998DA
Lot Size0.01 Acres
StatusActive

About 73850 Fairway Dr Unit 197

Beautifully remodeled, rarely for sale, larger 640 sq. ft studio in the Creekside location of Shadow Mountain Resort. With only 20 Creekside studios, this lower unit has been meticulously maintained and upgraded. It is being sold furnished and turnkey ready for investment. This peaceful property is next to a lovely running creek. Newly furnished in 2022, the property is truly a one-of-a-kind studio. Granite counters, large fridge, freezer, new dishwasher, convection microwave, garbage disposal and even your own ice maker with a Primo water cooler. The bathroom was remodeled with rainbow shower, tile flooring and walk-in glass entry. Plantation shutters along the sliding patio door, open to your private backyard patio. New flooring throughout, a 65'' new Samsung TV, full size dresser, king size bed and plenty of space to store your belongings. Ground floor, designated parking, control your own AC unit (not be part of a mainline). HOA fees which are currently only $1,648 a quarter include all utilities, so your costs are fixed. This property allows short-term rentals (no minimum), which makes for a lucrative income investment or vacation home. This resort includes a tennis club, pickleball courts, Padel, on-site restaurant/bar, table tennis, volleyball, figure 8 swimming pool and golfing adjacent to the property. Shadow Mountain is a Vintage resort where you can walk to golf/tennis and down the street from El Paseo. Come home to your desert oasis!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1969
  • Stories: 2
  • Living Area: 640 SqFt

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (760) 621-0395
  • Listing Agent: Mark Pariser

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Gas Water Heater, Ice Maker, Microwave, Refrigerator
  • Flooring Type: Carpet, Tile
  • Interior: Separate/Formal Dining Room, Furnished, Recessed Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Stream, Waterfront
  • View: Mountain(s), Panoramic, Creek/Stream, Water

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Guest

Lot Features

Lot Information:

  • Lot: Irrigation System, Landscaped, Paved, Waterfront
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Highway 111, South on San Luis Rey. Shadow Mountain Resort is on the left just past Shadow Mountain Drive. Cross Street: shadow mountain dr and san luis rey.

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,000
  • Price Per SqFt: $420/SqFt

HOA Fees:

  • Amount: $1648
  • Frequency: Quarterly
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Housing Market Comparison

See how this home compares to others in Palm Desert, CA.

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Palm Desert, CA

City

Med. Sold Price

$584.5K

Med. Price/SqFt

$337

Avg. Days On Market

53

# of Sold Homes

102

73850 Fairway Dr Unit 197 vs Palm Desert

3 DAYS ON ROCKET

-50 Days

$269,000

-$315.5K Less

$420/SqFt

+$83 More

KEY TAKEAWAY

This property is $315.5K less than the Median Sold Price and $83/SqFt more than other homes in Palm Desert, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219121998DA

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (760) 621-0395
  • Listing Agent: Mark Pariser

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 5:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-732070
7
/10

  • George Washington Charter School

  • 45768 Portola Ave

  • 0.23 miles

  • Public Charter Grades KG-5

school-card-donut-732071
6
/10

  • Lincoln Elementary School

  • 74100 Rutledge Way

  • 1.34 miles

  • Public District Grades KG-5

school-card-donut-732072
7
/10

  • James Earl Carter Elementary School

  • 74251 Hovley Ln E

  • 2.17 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,344. The majority of Palm Desert, CA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 73850 Fairway Dr Unit 197

What is the listing price of this property?

The listing price of 73850 Fairway Dr Unit 197 property is $269,000.

What type of property is this?

The property 73850 Fairway Dr Unit 197 is a condo located in Palm Desert, California, 92260.

Is this property for sale now?

Active Listing: 73850 Fairway Dr Unit 197 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 73850 Fairway Dr Unit 197 has 1 bathroom..

What is the square footage of this property?

The property 73850 Fairway Dr Unit 197 is 640 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 73850 Fairway Dr Unit 197 is 1969.

Rocket Homes›California›Riverside County›Palm Desert›92260›73850 Fairway Dr Unit 197

This home is located at 73850 Fairway Dr Unit 197 in Palm Desert, CA and zip code 92260. This 640 square foot home, which was built in 1969, sits on a 0.01 acre lot. Features: 1 bathroom. It has been listed on Rocket Homes since January 03, 2025 and is currently priced at $269,000.

In December 2024 more than 5 listings in Palm Desert, CA were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 74 were sold below. The inventory of homes for sale in Palm Desert, CA between November 2024 and December 2024 increased by 4.1%. In December 2024, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $584,557.

From Rocket Homes Real Estate and based on county public records data.

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