14 days on rocket

73255 Shadow Mountain Dr, Palm Desert, CA, 92260

$624,000

Home List Price

$7,410*

Closing Credit

2 Bedrooms
2 Full Baths
1,240 SqFt
$503/SqFt
Condo
Schools Nearby

Location

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73255 Shadow Mountain Dr, Palm Desert$624,000

Buyer Closing Credits

$7,410*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Detached Carport
Year Built1972
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewMountain(s), Pool
MLS #OC24062775
StatusActive

About 73255 Shadow Mountain Dr

Step into luxury living with this stunning, fully furnished condo just steps away from El Paseo, Palm Desert's premier shopping and dining destination. Situated merely a block away from the world-renowned boutiques and eateries, this property offers the epitome of convenience and sophistication. Boasting turn-key readiness for short-term rentals, approved by both the HOA and city of Palm Desert, this condo presents an enticing opportunity whether you're seeking a primary residence, second home, or investment property. The single-level open concept floorplan spans over 1200 square feet, featuring 2 master suites and 2.25 baths. Meticulously reimagined, this unit was taken down to the studs and redesigned to accommodate a spacious open concept great room and an additional powder room. Every detail exudes elegance, from the impeccable designer touches to the expansive views of the mountains and shared pool from the great room. Experience ultimate relaxation in the secluded private rear patio, where mornings are greeted with tranquil coffee moments and evenings are ideal for alfresco BBQs against a backdrop of breathtaking mountain vistas. The gourmet kitchen is a chef's delight, equipped with a generous island, brand-new appliances, and a charming eating area. The main master suite indulges with a walk-in closet, double vanity sink, and views of the private patio, complete with an outdoor dining table and grill. A second master suite offers serene views of the pool and a private bath with a walk-in shower, ensuring comfort and privacy for guests or family members. Nestled within a tranquil complex of only 6 units, this property enjoys low HOA dues of just $375 per month. For added convenience, property management is already in place for those who desire it. Don't miss this rare opportunity to own a piece of Palm Desert paradise, where luxury living meets unparalleled convenience in one of the most coveted locations.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1972
  • Stories: 1
  • Living Area: 1,240 SqFt

Listing Office:

  • Office Name: Orange Coast Financial Group
  • Office Phone: (949) 510-5018
  • Listing Agent: Kevin Kallenbaugh

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Water Heater, Dryer, Washer
  • Flooring Type: Vinyl
  • Interior: Ceiling Fan(s), Furnished, Open Floorplan, Pantry, Recessed Lighting, Bar, Main Level Primary
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s), Pool

Parking Information:

  • Parking: Assigned, Covered, Detached Carport

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hwy 111 N, East Lupine Ln, North Shadow Mountain

Price Information

Listing Price Info

Price Summary:

  • List Price: $624,000
  • Price Per SqFt: $503/SqFt

HOA Fees:

  • Amount: $375
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,715
  • Tax Year: 2021
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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

$570K

Med. Price/SqFt

$336

Avg. Days On Market

56

# of Sold Homes

167

73255 Shadow Mountain Dr vs Palm Desert

14 DAYS ON ROCKET

-42 Days

$624,000

+$53.9K More

$503/SqFt

+$167 More

KEY TAKEAWAY

This property is $53.9K more than the Median Sold Price and $167/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: #OC24062775

Listing Office:

  • Office Name: Orange Coast Financial Group
  • Office Phone: (949) 510-5018
  • Listing Agent: Kevin Kallenbaugh

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: 4/29/2024, 6:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 27, 2021Home Sold
$450,000
Jul 20, 2020Home Sold
$388,000
Feb 08, 2019Home Sold
$270,000
Apr 29, 2004Home Sold
$225,000
Feb 11, 1998Home Sold
$81,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,715$388,000
2020$3,714$275,400
2018$3,261$238,000
2017$2,295$205,000

History based on county public records data.

Payment Calculator

$3,557

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,937

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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-3262542
8
/10

  • George Washington Charter

  • 45768 Portola Ave

  • 0.75 miles

  • Public Charter Grades KG-5

school-card-donut-3262543
4
/10

  • Abraham Lincoln Elementary School

  • 74100 Rutledge Way

  • 1.31 miles

  • Public District Grades KG-5

school-card-donut-3262544
7
/10

  • James Earl Carter Elementary School

  • 74251 Hovley Ln E

  • 2.20 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. Most Palm Desert, CA residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 73255 Shadow Mountain Dr

What is the listing price of this property?

The listing price of 73255 Shadow Mountain Dr property is $624,000.

What type of property is this?

The property 73255 Shadow Mountain Dr is a condo located in Palm Desert, California, 92260.

Is this property for sale now?

Active Listing: 73255 Shadow Mountain Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,715 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 27, 2021 for $450,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 73255 Shadow Mountain Dr has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 73255 Shadow Mountain Dr is 1,240 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 73255 Shadow Mountain Dr is 1972.

Rocket Homes›California›Riverside County›Palm Desert›92260›73255 Shadow Mountain Dr

This home is located at 73255 Shadow Mountain Dr in Palm Desert, CA and zip code 92260 in the South Palm Desert neighborhood. This 1,240 square foot home was built in 1972. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $624,000.

In March 2024 more than 27 listings in Palm Desert, CA were sold above the asking price. During the same period more than 36 listings were sold at asking price, while more than 104 were sold below. Between February 2024 and March 2024, Palm Desert, CA real estate market has seen increase in the number of listings by 13.5%. Listings spent 56 days on the market in March 2024, and had a median list price of $570,050 during the same period.

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

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