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73216 Shadow Mountain, Palm Desert, CA 92260

$500K2bd · 2ba · 1,239 sqft
Lot 2,613 sqft•HOA $524/mo•Townhouse•
Active
•5d on market•MLS# SR-26232791

Property Description

Back on the Market. Great Short Sale price on this furnished property in South Palm Desert. . Property features an Open floor concept with and abundance of light to enjoy the Sunsets and Sunrise, overlooks the pool and has its own Garage and laundry in unit. Two primary suites. Walking distance to El Paseo and The Gardens, and all the hot spots.

Features & Amenities

FeeBuilt 1963

Property Details

Land Type
Fee
Year Built
1963
Property Type
Residential
Property Subtype
Townhouse
Heating
Central
Cooling
Central Air
View
Pool
City
Palm Desert
Zip Code
92260
County
Riverside
Listed byFirst Alliance Realty, Farhad Ilderem

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,528.22
Principal & Interest
Loan Amount
$399,992
Total Interest
$510,168
Total Payment Over 30 Years
$910,160
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 3 active · 2 closed

73216 Shadow Mountain, Palm Desert, CA 92260

Palm Desert · Townhouse

$500K
Affordable Tier
Beds
2
Baths
2
Sqft
1,239
Lot
2,613 sqft
Year
1963
$/Sqft
$404
Pool: Yes✓
Spa: No✓
View: Pool✓

Listed 5.8% below the median closed sale of $531,000. Price per sqft ($404) is a 47% premium to closed comps ($274). Closed comps sold at 92% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 128 days on market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $500K· $404/sqft
Total list price
Closed comps
vs closed median $562K
−$62K (−11.0%)
Active comps
vs active median $499K
+$990 (+0.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $336
+$68 (+20.1%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
72856 Roy Emerson LanePalm Desert1978231,258562$350$439,8003181
73472 Shadow Mountain DrivePalm Desert1980231,7012,178$293$499,00010677
49073 MariposaPalm Desert1980231,5021,184$366$549,0002564
Total: 3 · Average2.03.01,4871,308$336.333$495,933.33354
Median1,502$499,000

Closed Properties (2)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
72416 Sommerset DrivePalm Desert197809/05/2025321,6542,000$529,950$500,000$3020.948660
4215 Via MattinaPalm Desert200702/04/2025232,278871$619,000$562,000$2470.9117129
Total: 2 · Average2.52.51,9661,435.5$531,000$531,000$274.5—128.5
Median2,278$562,000$562,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.