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73850 Fairway Dr #190, Palm Desert, CA, 92260

0beds
1baths
640sqft
$269,000
$420price/sqft
$2,213/moest. monthly cost
$88,520/yrincome needed

About This Home

Tucked alongside a calming stream in Historic Shadow Mountain Resort, this beautifully reimagined creekside pied-a-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!!!

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

4/10
La Quinta Middle SchoolGrades 6-85.6 mi
9/10
Palm Desert High SchoolGrades 9-121.7 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1969

Materials

  • Foundation: Slab
  • Construction materials: Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Convection Oven,Electric Cooktop,Refrigerator,Water Heater
  • Laundry features: Common Area

Bathroom

  • Features: Remodeled,Separate Shower

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Breakfast Bar,Furnished,Recessed Lighting,Track Lighting
  • Door features: Sliding Doors
  • Window features: Blinds
  • Flooring: Tile

Heating & Cooling

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

Interior Area

  • Total interior livable area: 640 sqft

Kitchen

  • Features: Kitchen Island

Property

Details

  • Parcel number: 627432015
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Private pool: Yes
  • Pool features: Community,Electric Heat,In Ground
  • Patio & porch: Concrete
  • Spa features: Community,Heated,In Ground
  • Has view: Yes
  • View description: Park/Greenbelt,Creek/Stream
  • Has water view: Yes
  • Water view: Creek/Stream
  • On waterfront: Yes
  • Waterfront features: Stream,Waterfront

Lot

  • Features: Landscaped,Planned Unit Development,Waterfront

Parking

  • Total spaces: 2
  • Parking features: Assigned,Detached Carport,Guest
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Riverside County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,360$16,320
Home Insurance *$74$888
Property Taxes $381$4,572
Electricity $398$4,786
Total$2,213$26,556
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,874/yr
40% on housing$66,390/yr
45% on housing$59,013/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$420This listing

vs Other Active Listings

Avg $/sqft

ZIP 92260$403
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92260$390
Riverside County$315

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-29Listed for sale$269,000
2020-04-30Listing removed$1,150
2020-04-24Listed for rent$1,150
2014-04-08Listing removed$950
2014-04-01Listed for rent$950
2013-11-28Listing removed$950
2013-08-13Listed for rent$950
2009-04-30Sold$78,000
2008-12-17Price change$154,200
2008-12-14Listed for sale$161,200
2008-09-10Sold$133,488
2003-07-03Sold$76,500
1995-05-25Sold$49,000

For Sale by Agent

AgentGreer Waller
BrokerageCentury 21 Affiliated Fine Homes & Estates

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