Back to Search
Updated Adobe Home in Golf Community

73540 Adobe Springs Dr Palm Desert, CA 92260

73540 Adobe Springs Dr, Palm Desert, CA, 92260
$399,000
For Sale
$399,000

2-bed, 2-bath adobe home with drywalled 2-car garage, sun room, fenced backyard, and owned solar.

Property Size1,536 SF
Price / SF$259.77
Days on Market142

Property Features for 73540 Adobe Springs Dr

General Information

Standard status
Active
Size
1,536 SF
Property subtype
Manufactured In Park
Listing agency Palm Desert Greens Real Estate
Listed by Laura Truax
Source Exprealty
Added: Mar 2 Updated: Jul 21 at 12:39AM Checked: Jul 21 at 10:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Palm Desert Greens Real Estate


Investment Insights

Based on property information with market context.

Discover a beautifully updated 2-bedroom, 2-bathroom adobe home in Palm Desert. The interior features drywall throughout and an open-concept layout designed to bring in natural light. A standout improvement is the drywalled 2-car garage, offering built-in functionality and additional storage. The home also includes a finished sun room with drywall and a walk-in pantry in the kitchen. Outside, enjoy a private fenced backyard. Comfort is supported by an owned solar system and a cool/heat pump, and additional support has been added beneath the home.

The property is positioned near Bristol Farms, Eisenhower Health, and the El Paseo Shopping District. The home is located within a community where HOA dues are described as low and include free golf, free internet, premium cable TV, and trash pickup.

Community amenities listed include a clubhouse with a restaurant and lounge, an 18-hole executive golf course with pro shop, three community pools, hot tubs, and an exercise room, along with billiard and card rooms, indoor shuffleboard, tennis courts, pickleball courts, a library, a recreation room, and many active clubs. The home remains on tags, noted as providing extra tax savings.

Key Highlights

  • 2‑bedroom, 2‑bath adobe home with drywall throughout and an open‑concept layout
  • Drywalled 2‑car garage for additional storage and functionality
  • Private fenced backyard plus an additional drywall‑finished sun room

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $46.1k $30.00
− Vacancy −$876 −$0.57
EGI $45.2k $29.43
− OpEx −$20.3k −$13.24
NOI $24.9k $16.19
1,536 SF · lease $30.00/SF/yr · vacancy 1.90% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$355.2K
$310.8K – $414.4K (±1% cap)
NOI $24,862 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$460.2K
$402.6K – $536.9K (±1% cap)
NOI $32,211 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Building Supply Parking Lot & Garage HVAC Service Daycare Center Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mobile home & RV park - 2-bed, 2-bath adobe home with drywalled 2-car garage, sun room, fenced backyard, and owned solar.
Where is this mobile home & rv park located?
The property is located at 73540 Adobe Springs Dr Palm Desert, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bath adobe home with drywall throughout and an open‑concept layout; Drywalled 2‑car garage for additional storage and functionality; Private fenced backyard plus an additional drywall‑finished sun room
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message