A condensate drain arrangement for an air conditioner, which includes a molded plastic basepan having a substantially horizontally extending bottom wall. The bottom wall has an outdoor section which includes a region for collecting condensate therein. A first condensate drain is formed in the basepan in fluid communication with the condensate collecting region. The first condensate drain is configured to conduct substantially all of the condensate collected within the region for collecting from the basepan. The first condensate drain is optionally enabled by the user of the air conditioner. A second condensate drain is also formed in the basepan in fluid communication with the region for collecting condensate. The second condensate drain is configured to allow collection of condensate in the collection region to a predetermined depth and to conduct condensate which would exceed said predetermined depth from the basepan. The second condensate drain is also optionally enabled by the user of the air conditioner. In a preferred embodiment, a condensate collector is configured to be mounted in the air conditioner housing to collect condensate from whichever of the condensate drains has been enabled. The condensate collector has a single outlet therefrom for conducting condensate to a desired disposal location.