10118 Lakeview Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 2 bed, 2 bath
ACTIVE$687,000
10118 Lakeview Drive, Rancho Mirage, California 92270
2Beds
2Baths
2,139Sqft
8,276Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Lakeside Location & Views: The property offers spectacular lake, mountain, and creek/stream views, enhanced by dedicated outdoor living spaces directly by the lake, creating a serene and desirable setting.
Top Cons:
High Monthly Association Fee: The substantial monthly association fee of $883.13 adds a significant recurring cost to ownership, which could impact long-term affordability and appeal to some buyers.
Compared to the nearby listings
Price:$687.0K vs avg $541.5K (+$145,500)84%
Size:2,139 sqft vs avg 1,826.5 sqft68%
Price/sqft:$321 vs avg $30158%
More Insights
Built in 1984 (41 years old).
Condition: Despite being built in 1984, the property boasts 'Renovated Contemporary Interiors,' an 'Updated Kitchen' with granite countertops and stainless steel appliances, and 'remodeled spa bath' and 'remodeled ensuite bath.' The consistent use of 'renovated,' 'updated,' and 'remodeled' with 'contemporary' styling strongly indicates extensive, high-quality renovations completed very recently (likely within the last 5 years), bringing the property to current market standards. The inclusion of an owned solar system further enhances its modern appeal and efficiency. The images are expected to confirm a pristine, move-in ready condition with no deferred maintenance.
Year Built
1984
Close
-
List price
$687K
Original List price
$739K
Price/Sqft
$321
HOA
$883.13
Days on market
-
Sold On
-
MLS number
219124806DA
Home ConditionExcellent
Features
Excellent View: Lake, Mountain(s), Creek/Stream
Patio
ViewLake, Mountain(s), Creek/Stream
About this home
Spectacular Lakeside Outdoor Living with Covered Outdoor Living Room and Dining by the Lake and Renovated Contemporary Interiors. Enter through a gated large courtyard with outdoor living spaces to custom double glass door entry. Open Entertaining areas including Great Room , Updated Kitchen and Morning Room facing the lake and Dining Room with Custom Finishes. Great Room features a fireplace, entertainer's bar, walls of glass and access to the terrace. Social Kitchen features granite countertops, stainless appliances and counter seating. Primary Suite has large bedroom with sliders to the terrace and remodeled spa bath and walk-in closet. Guest Bedroom with remodeled ensuite bath and an office/den provide flexibility and room for family and friends. The expansive back terrace is partially covered with outdoor living and overlooks the lake and mountains. This property is Free Standing with Own Solar System Come home to your renovated lakeside retreat!
Nearby schools
6/10
Sunny Sands Elementary School
Public,•K-5•2.7mi
6/10
Rancho Mirage Elementary School
Public,•K-5•3.7mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•1.5mi
6/10
Cathedral City High School
Public,•9-12•1.7mi
5/10
Rancho Mirage High
Public,•9-12•2.0mi
4/10
Desert Learning Academy
Public,•K-12•5.8mi
Condition Rating
Excellent
Despite being built in 1984, the property boasts 'Renovated Contemporary Interiors,' an 'Updated Kitchen' with granite countertops and stainless steel appliances, and 'remodeled spa bath' and 'remodeled ensuite bath.' The consistent use of 'renovated,' 'updated,' and 'remodeled' with 'contemporary' styling strongly indicates extensive, high-quality renovations completed very recently (likely within the last 5 years), bringing the property to current market standards. The inclusion of an owned solar system further enhances its modern appeal and efficiency. The images are expected to confirm a pristine, move-in ready condition with no deferred maintenance.
Pros & Cons
Pros
Prime Lakeside Location & Views: The property offers spectacular lake, mountain, and creek/stream views, enhanced by dedicated outdoor living spaces directly by the lake, creating a serene and desirable setting.
Extensively Renovated Interiors: Features contemporary renovations throughout, including an updated kitchen with granite countertops and stainless appliances, and remodeled spa baths, providing a modern, move-in ready appeal.
Abundant Outdoor Living Spaces: Boasts a gated courtyard with additional outdoor living areas and an expansive, partially covered back terrace, ideal for entertaining and enjoying the scenic surroundings.
Owned Solar System: Includes an owned solar system, offering significant energy efficiency, reduced utility costs, and environmental benefits, a valuable asset in the desert climate.
Prestigious Country Club Setting: Located within the highly desirable Mission Hills Country Club in Rancho Mirage, known for its upscale amenities and exclusive lifestyle.
Cons
High Monthly Association Fee: The substantial monthly association fee of $883.13 adds a significant recurring cost to ownership, which could impact long-term affordability and appeal to some buyers.
Condominium Ownership Structure: Despite being free-standing, the property is a condominium, which entails adherence to HOA rules and regulations, potentially limiting owner autonomy compared to a traditional single-family home.
Price Reduction History: The property has seen a notable reduction from its original list price ($739,000 to $687,000), which may suggest initial overpricing or a longer market time, potentially signaling a need for further negotiation.