114 Waterford Circle, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 5 bath

114 Waterford Circle
Rancho Mirage, California 92270
Property Price
SUMMARY
Analysis of 114 Waterford Circle, Rancho Mirage, California 92270 reveals a Fairly Priced Property with a current list price of $2,559,000 aligned with the estimated $2,516,722 Fair Market Value. This represents a stable investment opportunity at market rate. 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 |
|---|---|---|---|---|---|---|
★ 114 Waterford Circle Subject | $2,559,000* List Price | 4 | 5 | 4,783 | $526 | - |
A 23 Ambassador Circle Sold | $2,200,000 | 4 | 5 | 4,343 | $507 | 0.8 mi |
B 27 Ambassador Circle Sold | $2,400,000 | 5 | 6 | 5,321 | $451 | 0.8 mi |
C 41 Ambassador Circle Sold | $2,240,000 | 5 | 6 | 4,822 | $465 | 0.7 mi |
D 28 Sun Ridge Circle Sold | $2,350,000 | 4 | 6 | 4,519 | $520 | 0.1 mi |
E 28 Summer Sky Circle Sold | $2,150,000 | 3 | 4 | 4,835 | $445 | 1.0 mi |
F 1 Regency Drive Sold | $2,181,500 | 4 | 5 | 5,096 | $428 | 0.8 mi |
G 206 Crystal Bay Court Pending | $2,595,000 List Price | 4 | 5 | 4,359 | $595 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition and has been exceptionally well-maintained since its construction in 2002. While the kitchen cabinetry and some architectural details reflect the original build date, the home features high-end professional appliances (Sub-Zero, Dacor) and a recently renovated primary spa bathroom. The combination of high-quality original materials, such as exposed beams and stone flooring, with targeted modern updates and a pristine exterior qualifies it for a 'good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22651, living area = 4783.
- Premier Waterfront Location
Situated on a prime lot within the exclusive Waterford enclave, the home offers rare lakefront living with sweeping mountain panoramas and direct terrace access to the water.
- Professional-Grade Chef's Kitchen
The kitchen is a standout for entertainers, featuring high-end Sub-Zero and Dacor appliances, dual dishwashers, and dual sinks designed for grand-scale hosting.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Significant Association Fees
With a monthly HOA fee of $998, the ongoing carrying costs are relatively high, which may impact the overall value proposition for some buyers.
- Modest School Ratings
The assigned public schools carry average ratings ranging from 3 to 6, which may be a consideration for families prioritizing top-tier educational districts.
About 114 Waterford Circle
Located within the coveted lakefront enclave of Waterford in Rancho Mirage, this exceptional residence captures sweeping mountain panoramas and the tranquil beauty of swans gliding across shimmering water just beyond the terrace. The home is thoughtfully designed for both grand entertaining and relaxed desert living, with generous indoor and outdoor spaces that flow effortlessly together. Inside, the architecture is warm and inviting, blending refined Southwest character with timeless sophistication. A formal living room anchored by a sculptural fireplace opens to an expansive great room, while a well-appointed wet bar enhances the home's entertaining appeal. The chef's kitchen is highly functional and beautifully scaled, featuring Sub-Zero refrigeration, double Dacor ovens, dual dishwashers, and dual sinks ideal for hosting everything from intimate gatherings to large-scale events. The primary suite is a true private retreat, offering a separate sitting area, two walk-in closets, an in-home sauna, and a recently reimagined spa bath complete with a jetted soaking tub and a dual-entry shower. Guest suites are thoughtfully positioned to provide comfort and privacy for visitors.High ceilings, exposed beams, and skylights fill the interiors with natural light, while curated architectural details and art walls add depth and character throughout. Sliding glass doors open to the lakefront terrace, where outdoor living takes center stage with a pool and spa, built-in barbecue, and an inviting fire pit perfect for sunset evenings overlooking the water. Additional amenities include a three-car garage with custom built-ins and an oversized laundry room designed for everyday convenience. Positioned on a premier waterfront lot, this residence offers a rare combination of privacy, views, and lifestyle an elegant expression of elevated desert living in one of Rancho Mirage's most desirable communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 22,651 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $998.0 / Month
Neighborhood Insights
Rancho Mirage Unified Schools
Rancho Mirage Elementary School
Grades K-5 • 2.1 mi
Nellie N. Coffman Middle School
Grades 6-8 • 2.2 mi
Rancho Mirage High
Grades 9-12 • 3.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 5.0 | 3.0 | 75% |
| Square foot | 4,783 | 2,771 | 89% |
| Lot Size | 22,651 | 10,454 | 89% |
| Price | $2.56M | $1.10M | 87% |
| Price per sq ft | $535 | $433 | 74% |
| Built year | 2002 | 1999 | 57% |
| HOA | $998.0 | $445 | 80% |
| Days on market | 22 | 155 | 1% |
Pricing History
Listed for Sale
Feb 13, 2026
$2,559,000
Initial Listing
Sold
Jul 20, 2000
$400,000
Public Record





















































