138 Lake Shore Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 4 bath
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Rancho Mirage, California 92270
This Lakefront Condominium is a Strong Value Opportunity, listed at $739,000—positioned above the $712,930 Fair Market Value. While priced slightly above market, the property offers a Condition Rating of 3, featuring a Granite Kitchen, private dock, and panoramic lake views. Residents enjoy a resort-style lifestyle with access to tennis, pickleball, and top-rated schools like James Earl Carter Elementary. This home provides a sophisticated, move-in ready sanctuary for lifestyle-focused retirees or second-home buyers seeking an active desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 138 Lake Shore Drive Subject | $739,000* List Price | 3 | 4 | 2,148 | $332 | - |
A 169 Lake Shore Drive Sold | $839,000 | 3 | 3 | 2,417 | $347 | 0.3 mi |
B 207 Kavenish Drive Sold | $595,000 | 3 | 3 | 2,136 | $279 | 1.0 mi |
C 92 Lake Shore Drive Sold | $759,000 | 3 | 3 | 2,148 | $353 | 0.2 mi |
D 78 Lake Shore Sold | $615,000 | 3 | 2 | 1,947 | $316 | 0.2 mi |
E 141 Lake Shore Drive Sold | $574,000 | 2 | 3 | 1,615 | $355 | 0.0 mi |
F 201 Kavenish Drive Sold | $775,000 | 3 | 3 | 2,324 | $333 | 1.0 mi |
G 19 Lake Shore Drive Active | $775,000 List Price | 3 | 3 | 2,148 | $361 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1988, the property has undergone significant renovations within the 5-15 year range. The kitchen features upgraded slab granite, custom cabinetry, and glass tile backsplashes, while the primary bath is modernized. The home is well-maintained, move-in ready, and features updated tile flooring and contemporary finishes throughout.
The property features a rare west-facing lakefront position with a private dock and expanded patio, offering exceptional mountain views and sunset vistas.
Residents benefit from an extensive 80-acre amenity package including tennis, pickleball, pitch-and-putt golf, and a fitness center, providing a high-value lifestyle.
The home boasts high-quality finishes such as slab granite countertops, vaulted ceilings, and a versatile third bedroom configured as a custom den/office with a Murphy bed.
The monthly association fee of $1,119 is relatively high, which may be a significant consideration for budget-conscious buyers or impact overall affordability.
Built in 1988, the property is nearly 40 years old and may require more frequent maintenance or further modernization compared to newer developments in the area.
Experience the ultimate in waterfront desert living in this lakefront residence at Lake Mirage Racquet Club. Perfectly positioned to capture stunning lake and mountain views, this exceptional home offers an enviable west-facing orientation, providing breathtaking sunsets from the expanded lakeside patio.Designed for both relaxation and entertainment, the outdoor living space features a retractable awning, and built-in BBQ. The generous covered patio area overlooking the sparkling lake is located at water's edge with private dock perfect for fishing and launching a kayak or electric boat. Inside, you will find a sophisticated interior enhanced with warm neutral tones, soaring vaulted ceilings, ceiling fans, plantation shutters, and elegant tile flooring throughout.The kitchen highlights slab granite countertops, a glass tile backsplash, custom cabinetry, upgraded lighting, and abundant storage. The spacious primary suite serves as a private retreat with lake views, a luxurious upgraded bath featuring a separate soaking tub and shower, and a large walk-in closet with custom built-ins. Each bedroom offers its own walk-in closet and bath, providing comfort and privacy for family and guests.One bedroom is set up as a versatile den/office including custom built-in cabinetry and a Murphy bed, making it ideal as a home office, media room, or additional guest space.Residents of Lake Mirage enjoy an unparalleled resort lifestyle with access to tennis and pickleball courts, a fitness center, clubhouse, pitch-and-putt golf, electric boating, paddleboarding, kayaking, and scenic walking paths throughout the community's lushly landscaped 80-acre oasis. Ideally located near premier shopping, dining, entertainment, and medical facilities, Lake Mirage offers one of the desert's most desirable waterfront lifestyles.Do not miss this rare opportunity to own a beautifully upgraded lakefront home with spectacular views, exceptional amenities, and the absolute best resort-style living.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,148 | 1,830.5 |
| Lot Size | 6,098 | 3,049 |
| Price | $739.0K | $560.4K |
| Price per sq ft | $344 | $322 |
| Built year | 1988 | 1977 |
| HOA | $1119.0 | $860 |
| Days on market | 29 | 73 |
Jun 23, 2026
$739,000
Initial Listing
Jul 29, 2014
$383,000
Public Record
Aug 1, 2008
$450,000
Public Record