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

114 Waterford Circle, Rancho Mirage, California 92270 home-pic-0

114 Waterford Circle

Rancho Mirage, California 92270

ACTIVE
CONDITION: GOOD
4Beds
5Baths
4,783Sq Ft
22,651Lot Size

Property Price

LIST PRICE$2,559,000
EST. MARKET VALUE
$2,516,722

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

$2,516,722
Based on Realkey algorithm analyzing recent comparable sales in Rancho Mirage.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
114 Waterford Circle
Subject
$2,559,000*
List Price
454,783$526-
A
23 Ambassador Circle
Sold
$2,200,000454,343$5070.8 mi
B
27 Ambassador Circle
Sold
$2,400,000565,321$4510.8 mi
C
41 Ambassador Circle
Sold
$2,240,000564,822$4650.7 mi
D
28 Sun Ridge Circle
Sold
$2,350,000464,519$5200.1 mi
E
28 Summer Sky Circle
Sold
$2,150,000344,835$4451.0 mi
F
1 Regency Drive
Sold
$2,181,500455,096$4280.8 mi
G
206 Crystal Bay Court
Pending
$2,595,000
List Price
454,359$5950.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

6/10

Nellie N. Coffman Middle School

Grades 6-8 • 2.2 mi

3/10

Rancho Mirage High

Grades 9-12 • 3.5 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
66%
Baths5.03.0
75%
Square foot4,7832,771
89%
Lot Size22,65110,454
89%
Price$2.56M$1.10M
87%
Price per sq ft$535$433
74%
Built year20021999
57%
HOA$998.0$445
80%
Days on market22155
1%

Pricing History

Listed for Sale

Feb 13, 2026

$2,559,000

Initial Listing

Sold

Jul 20, 2000

$400,000

Public Record

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