109 Clearwater Way, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath
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Rancho Mirage, California 92270
This Single Family Residence represents a Strong Value Opportunity, listed at $825,000—positioned well below the $832,188 Fair Market Value by 0.86%. This valuation gap offers $7,188 in Instant Equity. Featuring a private pool and spa with panoramic mountain views on a large 11,326 sqft lot, the home maintains a Fair Condition Rating with original 2004 finishes. While school ratings are moderate, the low $170 HOA fee enhances long-term affordability. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add desert lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 109 Clearwater Way Subject | $825,000* List Price | 3 | 3 | 2,477 | $336 | - |
A 64 Paris Way Sold | $900,000 | 4 | 4 | 2,900 | $310 | 0.9 mi |
B 12 Calais Circle Sold | $908,000 | 3 | 3 | 2,314 | $392 | 0.8 mi |
C 6 Dickens Court Sold | $970,000 | 4 | 4 | 2,893 | $335 | 0.8 mi |
D 109 Clearwater Way Active | $825,000 List Price | 3 | 3 | 2,477 | $333 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, this 22-year-old property falls into the 'Fair' category as it exceeds the 20-year threshold without evidence of major renovations. While the home appears well-maintained and move-in ready, the kitchen cabinetry, tile flooring, and overall aesthetic are original to the build date and considered dated by modern standards, likely requiring minor cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 2477.
The property features a private pool and spa set against stunning panoramic mountain views on a generous 11,326 sqft lot, perfect for the quintessential desert lifestyle.
Situated in the exclusive Key Largo gated community, this home offers security and convenience with close proximity to high-end dining, shopping, and local dog parks.
The assigned public schools carry average to below-average ratings (ranging from 3 to 6), which may be a concern for families prioritizing top-tier education.
Built in 2004 with no mention of recent renovations, the interior may require capital investment for upgrades to meet contemporary luxury standards.
Welcome to this beautiful home located in the gated community of Key Largo in Rancho Mirage. Featuring 3 spacious bedrooms and 2.5 bathrooms, this residence offers comfortable desert living with a sparkling private pool and relaxing spa, all set against stunning mountain views. The open-concept living and dining area provides plenty of room for entertaining, while the kitchen includes a cozy breakfast nook and adjoining family room, perfect for everyday living. Conveniently located near grocery stores, dining, shopping, and a nearby dog park, this home offers an ideal blend of comfort, convenience, lifestyle, and scenic beauty--perfect for families and pet lovers alike.The aerial photos are from the dog park.
No exterior & parking available.
Grades K-5 • 4.3 mi
Grades 6-8 • 3.0 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,477 | 2,915 |
| Lot Size | 11,326 | 9,801 |
| Price | $825.0K | $1.22M |
| Price per sq ft | $333 | $440 |
| Built year | 2004 | 2002 |
| HOA | $170.0 | $530 |
| Days on market | 6 | 70 |
Jul 16, 2026
$825,000
Initial Listing
Dec 21, 2012
$330,500
Public Record
Apr 5, 2004
$530,000
Public Record