126 Mission Hills Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath
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Rancho Mirage, California 92270
This property presents a High-Potential Investment Opportunity with a List Price of $599,000—positioned well below the $575,079 Fair Market Value by -4%. While the property requires cosmetic updates to its Fair Condition Rating, the 2,420 sqft layout and Panoramic Lake and Mountain Views provide a premium foundation for value-add renovations. The renovated primary bathroom offers an immediate upgrade, while the proximity to local schools like Cathedral City High adds long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable resort-style residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 126 Mission Hills Drive Subject | $599,000* List Price | 3 | 3 | 2,420 | $238 | - |
A 714 Inverness Drive Sold | $500,000 | 3 | 3 | 2,227 | $225 | 0.5 mi |
B 710 Inverness Drive Sold | $520,000 | 3 | 3 | 2,227 | $233 | 0.5 mi |
C 616 Desert West Drive Sold | $437,500 | 3 | 3 | 2,420 | $181 | 0.8 mi |
D 628 Hospitality Drive Sold | $575,000 | 3 | 3 | 2,420 | $238 | 0.7 mi |
E 10511 Sunningdale Drive Sold | $685,000 | 3 | 3 | 2,895 | $237 | 0.8 mi |
F 626 Hospitality Drive Active | $500,000 List Price | 3 | 3 | 2,420 | $207 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this property is well-maintained but largely dated. While the primary bathroom has been renovated, the kitchen features older white appliances, fluorescent lighting, and cabinetry from a previous refresh (likely 15-20+ years ago). The agent's description of the home as a 'blank canvas' and the presence of older laundry units and carpet suggest it needs cosmetic and system updates to meet modern standards.
The property boasts breathtaking lake and mountain views, providing a premium resort-style backdrop that significantly enhances the home's desirability and market value.
With 2,420 square feet of living space and soaring vaulted ceilings, the home offers a generous, light-filled layout that is ideal for both modern living and large-scale entertaining.
The primary bathroom has been recently renovated with luxury finishes, offering an immediate upscale feel and reducing the need for initial renovation capital in the main living quarters.
The monthly association fee of $970 is substantial, which may impact the overall affordability for some buyers and increase the long-term cost of ownership.
Marketed as a 'blank canvas' and built in 1977, the property likely requires additional cosmetic or functional upgrades beyond the primary bath to meet contemporary luxury standards.
Experience resort-style living in the highly sought-after Mission Hills community, where breathtaking lake and mountain views create the perfect backdrop for everyday living. This light-filled home features a spacious open floor plan with soaring vaulted ceilings, offering an inviting atmosphere that's ideal for both relaxing and entertaining. Step outside to your private patio, where tranquil surroundings provide the perfect space for morning coffee, evening cocktails, or hosting family and friends while taking in the spectacular scenery. The renovated primary bathroom adds a touch of modern luxury, while the home's generous layout offers endless possibilities. Whether you're looking for a full-time residence, seasonal retreat, or investment opportunity, this property is a wonderful blank canvas ready for your personal vision and design style.
No exterior & parking available.
Grades K-5 • 2.6 mi
Grades K-5 • 3.4 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,420 | 1,830.5 |
| Lot Size | 3,920 | 3,049 |
| Price | $599.0K | $560.4K |
| Price per sq ft | $248 | $322 |
| Built year | 1977 | 1977 |
| HOA | $970.0 | $860 |
| Days on market | 9 | 73 |
Jul 13, 2026
$599,000
Initial Listing