73850 Fairway Dr #296, Palm Desert, CA, 92260
About This Home
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.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
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: Dishwasher,Electric Oven,Electric Range,Microwave,Refrigerator,Water Heater
- Laundry features: Common Area
Bathroom
- Features: Remodeled,Separate Shower
Bedrooms & Bathrooms
- Bathrooms: 1
- 3/4 bathrooms: 1
Features
- Breakfast Bar,Balcony,Separate/Formal Dining Room,Open Floorplan,Recessed Lighting
- Door features: Sliding Doors
- Window features: Blinds
- Flooring: Carpet,Tile
Heating
- Heating features: Forced Air
Interior Area
- Total interior livable area: 640 sqft
Kitchen
- Features: Granite Counters,Remodeled,Updated Kitchen
Property
Details
- Parcel number: 627432031
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Private pool: Yes
- Pool features: Community,Electric Heat,In Ground
- Spa features: Community,In Ground
- Has view: Yes
- View description: Mountain(s),Creek/Stream
- Has water view: Yes
- Water view: Creek/Stream
- Waterfront features: Stream
Lot
- Lot size: 871 sqft
- Features: Landscaped,Planned Unit Development,Sprinklers Timer,Sprinkler System
Parking
- Total spaces: 2
- Parking features: Assigned,Covered,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
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Riverside County and California
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,259 | $15,108 |
| Home Insurance * | $68 | $816 |
| Property Taxes | $289 | $3,468 |
| Electricity | $398 | $4,786 |
| Total | $2,014 | $24,168 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-20 | Listed for sale | $265,000 |
| 2022-05-27 | Sold | $250,000 |
| 2022-05-07 | Pending sale | $229,000 |
| 2022-05-01 | Listed for sale | $229,000 |
| 1997-08-01 | Sold | $50,000 |
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