10 Iridium Way, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 3 bath

10 Iridium Way
Rancho Mirage, California 92270
Property Price
SUMMARY
Analysis of 10 Iridium Way, Rancho Mirage, California 92270 reveals a Prime Investment Opportunity with a current list price of $1,188,000—significantly undercutting the $1,264,928 Fair Market Value by 6%. This valuation gap indicates a +$76,928 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Rancho Mirage Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10 Iridium Way Subject | $1,188,000* List Price | 4 | 3 | 2,540 | $498 | - |
A 2 Iridium Way Active | $1,450,000 List Price | 4 | 3 | 2,583 | $561 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2021, placing it well within the 10-year threshold for an excellent rating. It features high-end modern finishes including a gourmet kitchen with quartz slab islands and top-tier stainless appliances, 10-foot ceilings with recessed lighting, and energy-efficient systems like owned solar and a tankless water heater. The home is in like-new condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 2540.
- Modern Sustainable Infrastructure
The property features high-value, modern upgrades including owned solar panels, a tankless water heater, and a whole-home water purification and softener system, offering significant utility savings and efficiency.
- Seamless Indoor-Outdoor Integration
Designed for the desert lifestyle, the home utilizes expansive multi-slide doors that connect the 10-foot ceiling great room to a resort-style backyard featuring a saltwater pool, spa, and panoramic mountain views.
CONSRISKS & DEFICIENCIES
- Bathroom-to-Bedroom Ratio
With four bedrooms and only three bathrooms, the home may feel slightly underserviced for high-occupancy guest scenarios compared to other luxury 'mini estates' in the area.
- Gated Community Restrictions
Membership in a boutique gated enclave requires a monthly association fee and adherence to CC&Rs, which may limit owner flexibility regarding exterior modifications or short-term rental potential.
About 10 Iridium Way
Tucked inside Iridium, a boutique gated enclave of just 27 New Century Modern residences in Rancho Mirage, this newer home channels the clean lines and easy elegance of classic desert design--reimagined for today's lifestyle. Inspired by the mid-century movement that shaped the Coachella Valley, this fully equipped mini estate delivers a polished blend of luxury, comfort, and effortless indoor-outdoor living.Inside, an open great-room layout is elevated by soaring 10-foot ceilings, recessed lighting, and expansive multi-slide doors that dissolve into two private outdoor patios--perfect for morning coffee, golden-hour cocktails, and everything in between. The resort-style backyard takes center stage with a Neptune-inspired saltwater pool and spa, outdoor shower, and fire pit, all framed by tranquil panoramic mountain views--including twilight skies with sightlines toward San Jacinto and Big Bear.Designed with privacy in mind, the home offers four bedrooms. The primary suite is a serene retreat with an oversized shower, accent-lit double vanity, and a generous walk-in closet. The gourmet kitchen flows seamlessly into the great room and wet bar, featuring top-tier stainless appliances and a quartz slab island--tailor-made for entertaining.Modern conveniences include a whole-home water purification + softener system, tankless water heater, smart lighting and home features, high-speed data wiring, and owned solar--a crisp, contemporary take on iconic desert living at its most refined.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2021
- Lot Size
- 12,197 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $246.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,540 | 2,751.5 | 39% |
| Lot Size | 12,197 | 10,454 | 60% |
| Price | $1.19M | $1.10M | 54% |
| Price per sq ft | $468 | $433 | 63% |
| Built year | 2021 | 1999 | 83% |
| HOA | $246.0 | $445 | 16% |
| Days on market | 8 | 155 | 0% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,188,000
Initial Listing
Sold
Dec 15, 2021
$888,500
Public Record
















































































