12 Wimbledon Circle, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 2 bed, 2 bath
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Rancho Mirage, California 92270
This Lakefront Single Family Residence is a High-Potential Investment Opportunity, listed at $629,000—positioned well below the $645,424 Fair Market Value by 2%. This valuation gap offers $16,424 in Instant Equity. Featuring a Condition Rating of 4, the home offers breathtaking lake and mountain views and a secure land lease through 2121. With comprehensive HOA amenities and proximity to top-rated schools, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium desert lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12 Wimbledon Circle Subject | $629,000* List Price | 2 | 2 | 1,985 | $325 | - |
A 69771 Camino Pacifico Sold | $795,000 | 2 | 2 | 2,260 | $352 | 1.0 mi |
B 9 San Marino Circle Sold | $740,000 | 3 | 2 | 2,308 | $321 | 0.9 mi |
C 2 Wimbledon Active | $659,900 List Price | 3 | 3 | 2,149 | $307 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2001, making it over 20 years old. While it features brand new luxury flooring and fresh paint, the bathrooms and kitchen appear to retain original cabinetry and tile surfaces from the early 2000s, which are now dated and will eventually require modernization to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1985.
This freestanding home occupies a premier lot within Mission Hills Country Club, offering rare and unobstructed panoramic views of the lake and mountains.
The land lease is secured through 2121, providing exceptional long-term stability and a significant financial advantage compared to other leasehold properties in the Coachella Valley.
With only two bedrooms for nearly 2,000 square feet of living space, the layout may be less appealing to larger families or buyers requiring multiple guest rooms.
As a land lease property rather than fee simple, some buyers may face more complex financing requirements or may prefer traditional land ownership.
******PREMIER lot location with BREATHTAKING LAKE FRONT VIEWS!!!****** Rarely available, this freestanding lakefront home sits in one of the most coveted spots within Mission Hills Country Club, a gated community widely regarded as one of the most desirable addresses in the Coachella Valley. This updated home features brand new luxury flooring throughout the main living space, with tile flooring in the kitchen, bathrooms, and inside laundry room. The open-concept living, dining, and kitchen area is filled with natural light and centered around a cozy fireplace, with a breakfast bar and built-in desk nook in the kitchen. The primary suite offers a spa-like ensuite bath with jetted soaking tub, dual vanities, a walk-in closet, and an attached bonus room with its own private patio access — ideal as a home office or den. A private gated courtyard entry and covered back patio with unobstructed lake and mountain views round out the home, and an attached two-car garage adds everyday convenience. Land lease locked in through 2121!! HUGE advantage!!! HOA dues include MHCC social, dining, and sports membership, front and rear landscape maintenance, cable TV, and 24-hour guard-gated security. Residents enjoy a state-of-the-art fitness center and spa, tennis, pickleball, croquet, bocce ball, swimming, and a vibrant calendar of social activities and events. For golfers, optional Mission Hills Country Club golf membership provides access to three championship courses, including the iconic Dinah Shore Tournament Course. Ideally located near El Paseo shopping and dining, Eisenhower Health, and Palm Springs International Airport. Don't miss out - this home is a rare opportunity to enjoy the very best of desert living!
No exterior & parking available.
Grades K-5 • 2.4 mi
Grades K-5 • 4.0 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,985 | 2,915 |
| Lot Size | 8,712 | 9,801 |
| Price | $629.0K | $1.22M |
| Price per sq ft | $317 | $440 |
| Built year | 2001 | 2002 |
| HOA | $673.0 | $530 |
| Days on market | 12 | 70 |
Jul 10, 2026
$629,000
Initial Listing