73255 Shadow Mountain Dr Palm Desert, CA 92260
South Palm Desert Neighborhood
2
Beds
2.5
Baths
1,240
Sq Ft
$375/mo
HOA Fee
Highlights
- Golf Course Community
- Heated Lap Pool
- Updated Kitchen
- Palm Desert High School Rated A
- No Units Above
- Open Floorplan
About This Home
As of June 2024Step 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.
Last Agent to Sell the Property
Orange Coast Financial Group Brokerage Phone: 949-510-5018 License #01776244 Listed on: 04/15/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,185
Year Built
- Built in 1972 | Remodeled
Lot Details
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Block Wall Fence
HOA Fees
- $375 Monthly HOA Fees
Property Views
- Mountain
- Pool
Home Design
- Midcentury Modern Architecture
- Planned Development
- Flat Roof Shape
Interior Spaces
- 1,240 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Furnished
- Bar
- Ceiling Fan
- Recessed Lighting
- Great Room
- Family Room Off Kitchen
- Living Room
- Vinyl Flooring
Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Gas Range
- Free-Standing Range
- Range Hood
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Remodeled Bathroom
- Bathroom on Main Level
- Dual Vanity Sinks in Primary Bathroom
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Parking
- 1 Open Parking Space
- 2 Parking Spaces
- 1 Detached Carport Space
- Parking Available
- Assigned Parking
Accessible Home Design
- No Interior Steps
Pool
- Heated Lap Pool
- Heated In Ground Pool
- Exercise
Outdoor Features
- Deck
- Covered patio or porch
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 4495
- Assessor Parcel Number 627380003
- $423 per year additional tax assessments
Community Details
Overview
- 6 Units
- Mountain Shadows Association, Phone Number (503) 601-9652
- Bitome Property Management HOA
- Maintained Community
Recreation
- Golf Course Community
- Community Pool
Pet Policy
- Pets Allowed
- Pet Restriction
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2024
Closed on
Jun 7, 2024
Sold by
Kallenbaugh Kevin
Bought by
Stewart Liam
Seller's Agent
Kevin Kallenbaugh
Orange Coast Financial Group
Buyer's Agent
Annie Challis
Coldwell Banker Realty
List Price
$624,000
Sold Price
$610,000
Premium/Discount to List
-$14,000
-2.24%
Views
37
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.70%
Purchase Details
Closed on
Aug 19, 2021
Sold by
Hartzell Kaitlin M
Bought by
Kallenbaugh Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 15, 2020
Closed on
Jun 17, 2020
Sold by
Hall Cheryl Irene
Bought by
Hartzell Kaitlin M
Seller's Agent
Doug Balog
Compass
Buyer's Agent
Michael Folk
List Price
$399,950
Sold Price
$388,000
Premium/Discount to List
-$11,950
-2.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$349,200
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 24, 2019
Closed on
Feb 1, 2019
Sold by
Markland Kent J and Markland Faye H
Bought by
Hall Cheryl Irene
Seller's Agent
Kelly Schufelt
Desert Sands Realty
Buyer's Agent
Maritza Desilets
Compass
List Price
$249,000
Sold Price
$270,000
Premium/Discount to List
$21,000
8.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.41%
Purchase Details
Closed on
Dec 12, 2016
Sold by
Markland Kent J and Markland Faye H
Bought by
Markland Kent J and Markland Faye H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,250
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 9, 2016
Sold by
Markland Kent J and Markland Faye H
Bought by
Markland Kent J and Markland Faye H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,250
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 15, 2005
Sold by
Markland Kent J and Markland Faye H
Bought by
Markland Kent J and Markland Faye H
Purchase Details
Closed on
Mar 5, 2004
Sold by
Hodgman Nancie B
Bought by
Markland Kent J and Markland Faye H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 1998
Sold by
Hodgman Donald Rodney
Bought by
Hodgman Nancie B
Purchase Details
Closed on
Feb 3, 1998
Sold by
Mcgregor Wilmer K and Mcgregor Sharon K
Bought by
Hodgman Nancie B
Similar Homes in Palm Desert, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $610,000 | None Listed On Document | |
| Grant Deed | $450,000 | Ticor Ttl Orange Cnty Branch | |
| Grant Deed | $388,000 | Lawyers Title Ie | |
| Grant Deed | $270,000 | Lawyers Title Ie | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $225,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | Orange Coast Title | |
| Grant Deed | $81,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $405,000 | New Conventional | |
| Previous Owner | $349,200 | New Conventional | |
| Previous Owner | $155,250 | New Conventional | |
| Previous Owner | $202,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/19/2025 06/19/25 | Price Changed | $600,000 | -3.2% | $484 / Sq Ft |
| 05/31/2025 05/31/25 | For Sale | $620,000 | 0.0% | $500 / Sq Ft |
| 05/16/2025 05/16/25 | For Rent | $3,200 | 0.0% | -- |
| 06/12/2024 06/12/24 | Sold | $610,000 | -2.2% | $492 / Sq Ft |
| 05/24/2024 05/24/24 | Pending | -- | -- | -- |
| 04/15/2024 04/15/24 | For Sale | $624,000 | +60.8% | $503 / Sq Ft |
| 07/20/2020 07/20/20 | Sold | $388,000 | -1.6% | $313 / Sq Ft |
| 07/13/2020 07/13/20 | Pending | -- | -- | -- |
| 05/15/2020 05/15/20 | Price Changed | $394,500 | -1.4% | $318 / Sq Ft |
| 05/15/2020 05/15/20 | For Sale | $399,950 | +48.1% | $323 / Sq Ft |
| 02/08/2019 02/08/19 | Sold | $270,000 | +8.4% | $218 / Sq Ft |
| 01/27/2019 01/27/19 | Pending | -- | -- | -- |
| 01/24/2019 01/24/19 | For Sale | $249,000 | -- | $201 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,185 | $1,088,850 | $155,550 | $933,300 |
| 2023 | $6,185 | $459,000 | $117,300 | $341,700 |
| 2022 | $5,906 | $450,000 | $115,000 | $335,000 |
| 2021 | $5,124 | $388,000 | $100,000 | $288,000 |
| 2020 | $3,715 | $275,400 | $12,750 | $262,650 |
| 2019 | $3,377 | $247,520 | $61,360 | $186,160 |
| 2018 | $3,261 | $238,000 | $59,000 | $179,000 |
| 2017 | $2,884 | $205,000 | $51,000 | $154,000 |
| 2016 | $2,295 | $184,000 | $46,000 | $138,000 |
| 2015 | $2,152 | $169,000 | $42,000 | $127,000 |
| 2014 | $3,070 | $243,000 | $61,000 | $182,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Sutherland
Seller's Agent in 2025
Kelly Sutherland
Coldwell Banker Realty
(310) 678-4830
14 Total Sales
-
Kevin Kallenbaugh
K
Seller's Agent in 2024
Kevin Kallenbaugh
Orange Coast Financial Group
(949) 510-5018
1 in this area
10 Total Sales
-
Annie Challis
Buyer's Agent in 2024
Annie Challis
Coldwell Banker Realty
(310) 281-3955
1 in this area
8 Total Sales
-
Doug Balog
Seller's Agent in 2020
Doug Balog
Compass
(760) 409-0814
149 Total Sales
-
M
Buyer's Agent in 2020
Michael Folk
-
K
Seller's Agent in 2019
Kelly Schufelt
Desert Sands Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24062775
APN: 627-380-003
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