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102 Mission Lake Way, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath

102 Mission Lake Way, Rancho Mirage, California 92270 home-pic-0
ACTIVE$949,000
102 Mission Lake Way, Rancho Mirage, California 92270
3Beds
3Baths
2,149Sqft
Lot

Price Vs. Estimate

The estimated value ($572,920.395) is $376,079.605 (39%) lower than the list price ($949,000). This property may be overpriced.

Key pros and cons

Top Pros:
Owned Land & Country Club: Located within Mission Hills Country Club on owned land (no land lease), offering a significant financial advantage and access to premium amenities.
Top Cons:
Significant Overpricing: The property is listed 39% above its estimated value, indicating a substantial potential overpricing relative to market comparables.

Compared to the nearby listings

Price:$949.0K vs avg $1.08M ($-131,000)37%
Size:2,149 sqft vs avg 2,895.5 sqft21%
Price/sqft:$442 vs avg $42258%

More Insights

Built in 2002 (23 years old).
Condition: The property, built in 2002, features a recently (2022) remodeled kitchen and master bathroom, which are key areas for condition assessment. The kitchen boasts modern custom cabinetry, marble countertops, stainless steel appliances, and a stylish backsplash. The master bath is spa-like with custom cabinetry, a freestanding soaking tub, and a spacious shower, all updated to current quality standards. The overall property appears meticulously maintained with high-end finishes, aligning with the 'extensively renovated within 5 years' criteria for an excellent score.
Year Built
2002
Close
-
List price
$949K
Original List price
$980K
Price/Sqft
$442
HOA
$750
Days on market
-
Sold On
-
MLS number
250023673SD
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

JUST REDUCED! Welcome to 102 Mission Lake Way, on the market for the first time! Nestled inside Mission Hills Country Club on owned land (no land lease!!!), this single-family gem offers 2,149 sq. ft. of stylish desert living. Originally designed for two homes, the double-sized corner lot delivers unrivaled privacy and no direct neighbors, plus lush landscaping, mature palms, a built-in grill, private putting green, and natural gas fire pit—ideal for gatherings of up to 100 guests! Inside, the 3-bedroom, 2.5-bath layout features high ceilings and a 2022-remodeled kitchen showcasing marble countertops, stainless steel appliances, and custom cabinetry. The spa-like master bath, also remodeled in 2022, boasts custom cabinetry, a freestanding soaking tub, and a spacious shower. An ensuite third bedroom with private entrance is perfect for guests or relatives. Enjoy peace of mind with 24-hour guard-gated security, plus an HOA covering landscaping, cable/internet, and Tennis, Social, and Fitness memberships at Mission Hills. Walk to the nearby Sports Center for tennis and pickleball, and explore available golf or social memberships at the main club’s three award-winning courses. A 2-car garage (with golf cart space) and abundant guest parking complete the package. Centrally located in Rancho Mirage, this desert retreat puts you minutes from world-class shopping, dining, resorts, and schools. Don’t miss this rare opportunity to own a truly exceptional home!

Nearby schools

6/10
Sunny Sands Elementary School
Public,•K-5•2.2mi
6/10
Rancho Mirage Elementary School
Public,•K-5•4.2mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•1.3mi
5/10
Rancho Mirage High
Public,•9-12•1.4mi
6/10
Cathedral City High School
Public,•9-12•1.4mi
4/10
Desert Learning Academy
Public,•K-12•5.4mi
Condition Rating
Excellent
The property, built in 2002, features a recently (2022) remodeled kitchen and master bathroom, which are key areas for condition assessment. The kitchen boasts modern custom cabinetry, marble countertops, stainless steel appliances, and a stylish backsplash. The master bath is spa-like with custom cabinetry, a freestanding soaking tub, and a spacious shower, all updated to current quality standards. The overall property appears meticulously maintained with high-end finishes, aligning with the 'extensively renovated within 5 years' criteria for an excellent score.
Pros & Cons

Pros

Owned Land & Country Club: Located within Mission Hills Country Club on owned land (no land lease), offering a significant financial advantage and access to premium amenities.
Exceptional Outdoor Space & Privacy: Double-sized corner lot provides unrivaled privacy, no direct neighbors, and features lush landscaping, a built-in grill, private putting green, and a natural gas fire pit for entertaining.
Modern Remodeled Interiors: Recently (2022) remodeled kitchen and master bath with high-end finishes including marble countertops, stainless steel appliances, custom cabinetry, and a freestanding soaking tub.
Inclusive HOA & Security: Benefits from 24-hour guard-gated security and an HOA that covers landscaping, cable/internet, and valuable Tennis, Social, and Fitness memberships at Mission Hills.
Flexible Living Arrangement: An ensuite third bedroom with a private entrance provides ideal accommodations for guests or extended family.

Cons

Significant Overpricing: The property is listed 39% above its estimated value, indicating a substantial potential overpricing relative to market comparables.
High Monthly HOA Dues: The $750.00 monthly association fee is considerably high and could impact affordability and buyer interest.
Recent Price Reduction: A recent price drop from $980,000 to $949,000 suggests the property may have struggled to attract offers at its initial price, potentially signaling market resistance.

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