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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$849,000
102 Mission Lake Way, Rancho Mirage, California 92270
3Beds
3Baths
2,149Sqft
Lot

Price Vs. Estimate

The estimated value ($849,000) is $0 (0%) lower than the list price ($849,000). This property may be overpriced.

Key pros and cons

Top Pros:
Fee Simple Ownership: The property offers full land ownership (no land lease), a significant advantage and value differentiator in many resort communities.
Top Cons:
High Monthly HOA Dues: The $750.00 monthly association fee, while comprehensive, represents a substantial ongoing cost that may deter some buyers.

Compared to the nearby listings

Price:$849.0K vs avg $1.08M ($-231,000)27%
Size:2,149 sqft vs avg 2,895.5 sqft21%
Price/sqft:$395 vs avg $42037%

More Insights

Built in 2002 (23 years old).
Condition: Built in 2002, this property has undergone significant and high-quality recent renovations, particularly evident in the kitchen and primary bathroom. The kitchen features modern stainless steel appliances, striking granite/quartzite countertops, a contemporary backsplash, and updated lighting. The primary bathroom boasts a 'spa-style' walk-in shower with modern large-format and chevron-patterned tiles, black fixtures, and a linear drain, indicating a very recent and extensive update. The overall condition, including flooring, light fixtures, and general finishes, appears virtually new and meets current quality standards, making it move-in ready with no deferred maintenance.
Year Built
2002
Close
-
List price
$849K
Original List price
$924K
Price/Sqft
$395
HOA
$750
Days on market
-
Sold On
-
MLS number
250040472SD
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Exceptional value where you own the land (no land lease) inside guard-gated Mission Hills Country Club. This freestanding 3BD/3BA home sits on an oversized corner lot, giving you extra privacy, more outdoor space, and no direct neighbor on one side. The low-maintenance yard is designed for fun, not yardwork, with a built-in BBQ, putting green, gas fire pit, and multiple patios that make entertaining or sunset cocktails effortless. Inside, the single-level floorplan is bright and inviting with high ceilings, a spacious great room, and an open kitchen/dining area that keeps everyone connected. The generous primary suite feels like a retreat with a spa-style bath and walk-in closet, while the ensuite guest room with separate entry is ideal for visitors, a home office, or multigenerational living. Here, you own the home and the land beneath it, and the HOA covers guard-gated security, front-yard/commons landscaping, cable/internet, and access to the Mission Hills Sports Center with tennis, pickleball, fitness, lap pool and social amenities. Perfect for a lock-and-leave second home or full-time residence. All of this in coveted Rancho Mirage, close to dining, shopping, and desert resorts, and priced below several recent sales of similar homes in this community.

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
Built in 2002, this property has undergone significant and high-quality recent renovations, particularly evident in the kitchen and primary bathroom. The kitchen features modern stainless steel appliances, striking granite/quartzite countertops, a contemporary backsplash, and updated lighting. The primary bathroom boasts a 'spa-style' walk-in shower with modern large-format and chevron-patterned tiles, black fixtures, and a linear drain, indicating a very recent and extensive update. The overall condition, including flooring, light fixtures, and general finishes, appears virtually new and meets current quality standards, making it move-in ready with no deferred maintenance.
Pros & Cons

Pros

Fee Simple Ownership: The property offers full land ownership (no land lease), a significant advantage and value differentiator in many resort communities.
Exclusive Guard-Gated Community: Located within the guard-gated Mission Hills Country Club, providing enhanced security, exclusivity, and a prestigious address.
Comprehensive HOA Benefits: The HOA covers guard-gated security, front-yard/commons landscaping, cable/internet, and access to the Mission Hills Sports Center with extensive amenities (tennis, pickleball, fitness, lap pool, social).
Premium Corner Lot & Privacy: Situated on an oversized corner lot, offering extra privacy, more outdoor space, and no direct neighbor on one side.
Turnkey Outdoor Entertainment: Features a low-maintenance yard designed for enjoyment, including a built-in BBQ, putting green, gas fire pit, and multiple patios for effortless entertaining.

Cons

High Monthly HOA Dues: The $750.00 monthly association fee, while comprehensive, represents a substantial ongoing cost that may deter some buyers.
History of Price Reductions: Multiple price reductions from the original list price of $924,000 to the current $849,000 suggest potential market resistance or initial overpricing.
Potential for Dated Interior Finishes: Built in 2002, the interior, while described as bright and inviting, may feature finishes and fixtures that are not fully updated to current modern design trends.

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