102 Mission Lake Way, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath
102 Mission Lake Way
Rancho Mirage, California 92270
Property Price
SUMMARY
Analysis of 102 Mission Lake Way, Rancho Mirage, California 92270 reveals a property with a current list price of $849,000, which is 5% above the estimated $798,603 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 102 Mission Lake Way Subject | $849,000* List Price | 3 | 3 | 2,149 | $372 | - |
A 59 Via Santo Tomas Drive Sold | $870,000 | 3 | 3 | 2,384 | $365 | 0.8 mi |
B 18 Via Las Flores Sold | $980,000 | 3 | 2 | 2,331 | $420 | 0.8 mi |
C 72 Barolo Sold | $950,000 | 3 | 3 | 2,211 | $430 | 0.4 mi |
D 127 Via Santo Tomas Drive Sold | $950,000 | 3 | 3 | 2,384 | $398 | 1.0 mi |
E 2 Wimbledon Active | $697,500 List Price | 3 | 3 | 2,149 | $325 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2002, this property is well-maintained and move-in ready. The kitchen features modern stainless steel appliances, updated granite countertops, and contemporary pendant lighting. The primary bathroom has been extensively renovated with a freestanding tub, modern walk-in shower, and updated vanities, presenting an excellent condition. While some elements like the main tile flooring and one guest bathroom show their age, the significant updates to key areas elevate the overall condition to 'Good', requiring no immediate major renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Land Ownership & Gated Community
The property offers exceptional value with full land ownership (no land lease) within the highly desirable, guard-gated Mission Hills Country Club, ensuring security and exclusivity.
- Comprehensive HOA Amenities
The HOA provides extensive benefits including guard-gated security, front-yard/commons landscaping, cable/internet, and access to the Mission Hills Sports Center with tennis, pickleball, fitness, and a lap pool.
- Enhanced Privacy & Outdoor Living
Situated on an oversized corner lot, the home offers superior privacy, ample outdoor space, no direct neighbor on one side, and a low-maintenance yard with a built-in BBQ, putting green, and gas fire pit.
CONSRISKS & DEFICIENCIES
- Significant Monthly HOA Fees
The association fee of $750.0 per month, while inclusive of many amenities, represents a substantial ongoing cost that could impact affordability for some buyers.
- Absence of Private Pool/Spa
Despite the community lap pool and ample outdoor space, the property lacks a private pool or spa, which is a common expectation and desired feature for many buyers in the Rancho Mirage luxury market.
- Potential for Interior Updates
Built in 2002, while well-maintained, some interior finishes or appliances may be considered dated by certain buyers seeking more contemporary aesthetics, potentially requiring future investment.
About 102 Mission Lake Way
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $750.0 / Month
Neighborhood Insights
Rancho Mirage Unified Schools
Sunny Sands Elementary School
Grades K-5 • 2.2 mi
Rancho Mirage Elementary School
Grades K-5 • 4.2 mi
Nellie N. Coffman Middle School
Grades 6-8 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,149 | 2,751.5 | 18% |
| Lot Size | - | 10,454 | 1% |
| Price | $849.0K | $1.10M | 24% |
| Price per sq ft | $395 | $431 | 35% |
| Built year | 2002 | 1999 | 57% |
| HOA | $750.0 | $445 | 70% |
| Days on market | 158 | 157 | 53% |
Pricing History
Listed for Sale
Dec 4, 2025
$849,000
$899,000
-6% Price Drop
Initial Listing
Price Change
Nov 30, 2025
$899,000
$895,000
+0% Price Increase
Initial Listing
Price Change
Nov 9, 2025
$895,000
$899,000
+0% Price Increase
Initial Listing
Price Change
Oct 2, 2025
$899,000
Initial Listing
Price Change
Oct 1, 2025
$924,000
Initial Listing