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120 Cabernet, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 2 bed, 2 bath

120 Cabernet, Rancho Mirage, California 92270 home-pic-0
ACTIVE$1,367,000$2,482/sqft
Est. Value: $1,206,020
-11%
AboveEstimate
120 Cabernet, Rancho Mirage, California 92270
2Beds
2Baths
2,482Sqft
7,588Lot

Price Vs. Estimate

The estimated value ($1,206,020.17) is $160,979.83 (11%) lower than the list price ($1,367,000). This property may be overpriced.

Key pros and cons

Top Pros:
Modern & Upgraded Condition: This 2019-built home is impeccably upgraded, modern, and move-in ready, featuring extensive enhancements like Italian tile flooring, plantation shutters, bay windows, and a gourmet kitchen with KitchenAid appliances, custom cabinets, and a walk-in pantry.
Top Cons:
Age-Restricted Community: As a 55+ community, the property's marketability is limited to a specific demographic, potentially narrowing the pool of prospective buyers.

Compared to the nearby listings

Price:$1.37M vs avg $1.06M (+$302,000)66%
Size:2,482 sqft vs avg 2,834 sqft35%
Price/sqft:$551 vs avg $41879%

More Insights

Built in 2019 (7 years old).
Condition: Built in 2019, this property is virtually new and has been impeccably upgraded with high-end features. The kitchen boasts modern custom cabinetry, KitchenAid stainless steel appliances, and contemporary finishes. Bathrooms feature sleek vanities, modern fixtures, and a glass walk-in shower in the primary suite. Italian tile flooring, solar panels, EV charging, and a tankless water heater further underscore its excellent, move-in ready condition with no deferred maintenance.
Year Built
2019
Close
-
List price
$1.37M
Original List price
$1.37M
Price/Sqft
$551
HOA
$500.25
Days on market
-
Sold On
-
MLS number
219140184DA
Home ConditionExcellent
Features
Excellent View: Desert, Park/Greenbelt, Mountain(s), Panoramic
Patio
ViewDesert, Park/Greenbelt, Mountain(s), Panoramic

About this home

Impeccably Upgraded Desert Retreat -- Modern, Versatile & Move-In Ready PREMIUM lot with open space and extraordinary views! Step inside your Serenity Model 2BD/2BA home, complimented with TWO additional versatile, multi-purpose rooms. Perfect for a home office, tranquil retreat, or extra bedrooms.Enhanced with 17 owned solar panels and an extended garage with two EV 220 stations, Rinnai tankless water heater and eight central vac locations, and surround sound. Experience this home in person to fully appreciate every extensive upgrades throughout! Meticulously installed Italian tile flooring flows throughout the home and across all four patios, creating a seamless indoor-outdoor living experience enhanced by three distinct sliding doors. Plantation shutters, bay windows in dining room and primary bedroom-enhancing tray ceilings above. Primary bedroom features glass walk-in shower, and a spacious walk-in closet with skylight. Gourmet kitchen - Kitchen Aide appliances, custom cabinets, center island with cabinets, walk-in pantry. Look no further within this premier 55+ community that offers - Fitness Center, Clubhouse, pools, tennis/pickle ball courts, walking trails, social activities. Fabulous and convenient location within Rancho Mirage. Cheers to 2026 and exciting new life chapters! Stay - Play - Invest!

J
Joyce Abela
Listing Agent

Price History

Date
Event
Price
04/18/19
Sold
$905,000
Condition Rating
Excellent
Built in 2019, this property is virtually new and has been impeccably upgraded with high-end features. The kitchen boasts modern custom cabinetry, KitchenAid stainless steel appliances, and contemporary finishes. Bathrooms feature sleek vanities, modern fixtures, and a glass walk-in shower in the primary suite. Italian tile flooring, solar panels, EV charging, and a tankless water heater further underscore its excellent, move-in ready condition with no deferred maintenance.
Pros & Cons

Pros

Modern & Upgraded Condition: This 2019-built home is impeccably upgraded, modern, and move-in ready, featuring extensive enhancements like Italian tile flooring, plantation shutters, bay windows, and a gourmet kitchen with KitchenAid appliances, custom cabinets, and a walk-in pantry.
Energy Efficiency & Smart Home Features: Equipped with 17 owned solar panels, an extended garage with two EV 220 stations, a Rinnai tankless water heater, eight central vac locations, and surround sound, offering significant energy savings and modern convenience.
Premium Lot & Extraordinary Views: Situated on a premium lot with open space, the property boasts extraordinary panoramic views of the desert, park/greenbelt, and mountains, enhancing its appeal and tranquility.
Versatile Floor Plan: Beyond its 2 bedrooms and 2 bathrooms, the home includes two additional versatile, multi-purpose rooms, ideal for a home office, retreat, or extra sleeping spaces, providing excellent flexibility for residents.
Premier 55+ Community Amenities: Located within a premier 55+ community, residents have access to a fitness center, clubhouse, pools, tennis/pickleball courts, walking trails, and social activities, fostering an active and engaging lifestyle in a convenient Rancho Mirage location.

Cons

Age-Restricted Community: As a 55+ community, the property's marketability is limited to a specific demographic, potentially narrowing the pool of prospective buyers.
High Monthly Association Fees: The association fee of $500.25 per month represents a significant ongoing cost that buyers must factor into their budget.
Lack of Private Pool: While the community offers pools, the absence of a private pool on the property itself might be a drawback for some buyers seeking a more exclusive and private outdoor amenity in the desert climate.
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