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140 Columbia Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath

140 Columbia Drive, Rancho Mirage, California 92270 home-pic-0
ACTIVE$1,150,000
140 Columbia Drive, Rancho Mirage, California 92270
3Beds
3Baths
2,950Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($441,495.275) is $708,504.725 (61%) lower than the list price ($1,150,000). This property may be overpriced.

Key pros and cons

Top Pros:
Premier Community & Amenities: Located in the highly sought-after Springs Country Club, offering top-tier amenities including golf, tennis, and immediate proximity to the clubhouse and community pool.
Top Cons:
Potential Overpricing: The property's estimated value is significantly lower than the listing price, suggesting it may be substantially overpriced relative to market data and comparable properties.

Compared to the nearby listings

Price:$1.15M vs avg $1.09M (+$60,000)55%
Size:2,950 sqft vs avg 2,903 sqft52%
Price/sqft:$390 vs avg $42035%

More Insights

Built in 1983 (42 years old).
Condition: Despite being built in 1983, this property has undergone a comprehensive and high-quality renovation, aligning with the 'excellent' criteria for properties extensively renovated within the last 5 years. The kitchen features sleek white shaker cabinetry, modern light countertops, subway tile backsplash, and stainless steel appliances, including double ovens and a gas cooktop. The bathrooms are luxurious with modern dark wood vanities, contemporary fixtures, large walk-in showers with glass enclosures, and a freestanding soaking tub in the primary suite. Throughout the home, there's consistent wood-look flooring, recessed lighting, and crown molding, indicating a cohesive and recent update. All visible components appear new or virtually new, with no signs of deferred maintenance.
Year Built
1983
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$390
HOA
$1,709
Days on market
-
Sold On
-
MLS number
219130486PS
Home ConditionExcellent
Features
Excellent View: Golf Course, Mountain(s), Pond
Patio
ViewGolf Course,Mountain(s),Pond

About this home

This beautifully updated Shaughnessy floor plan features a bright, open floor plan with skylights, mirrored accent walls, crown molding, and a mix of tile and wood-look flooring, located in the heart of the highly sought after Springs Country Club. Upon entry, you're greeted by a spacious living area with a striking fireplace flows into a stylish bar with a wine fridge--perfect for entertaining.The kitchen offers sleek countertops, ample cabinetry, and a breakfast bar. Originally three bedrooms, one guest room is currently used as a sitting area for added space but can easily be converted back. The primary suite includes garden access and a luxurious ensuite with soaking tub and walk-in shower.Additional highlights include a large laundry room, a two-car garage with golf cart space, and a grand paved circular driveway. Just steps from the clubhouse and community pool, the HOA includes a social membership to The Springs. Enjoy top-tier amenities including an 18-hole championship golf course (separate membership), tennis courts, and more.

Nearby schools

6/10
Rancho Mirage Elementary School
Public,•K-5•2.1mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•2.4mi
5/10
Rancho Mirage High
Public,•9-12•3.6mi
4/10
Desert Learning Academy
Public,•K-12•6.6mi
Condition Rating
Excellent
Despite being built in 1983, this property has undergone a comprehensive and high-quality renovation, aligning with the 'excellent' criteria for properties extensively renovated within the last 5 years. The kitchen features sleek white shaker cabinetry, modern light countertops, subway tile backsplash, and stainless steel appliances, including double ovens and a gas cooktop. The bathrooms are luxurious with modern dark wood vanities, contemporary fixtures, large walk-in showers with glass enclosures, and a freestanding soaking tub in the primary suite. Throughout the home, there's consistent wood-look flooring, recessed lighting, and crown molding, indicating a cohesive and recent update. All visible components appear new or virtually new, with no signs of deferred maintenance.
Pros & Cons

Pros

Premier Community & Amenities: Located in the highly sought-after Springs Country Club, offering top-tier amenities including golf, tennis, and immediate proximity to the clubhouse and community pool.
Updated & Open Floor Plan: Features a beautifully updated Shaughnessy floor plan with a bright, open layout, skylights, crown molding, and modern tile and wood-look flooring, enhancing aesthetic appeal.
Desirable Views: Enjoys attractive views of the Golf Course, Mountains, and a Pond, contributing to a serene and picturesque living environment.
Luxurious Primary Suite & Entertainment Ready: Includes a luxurious primary suite with garden access, soaking tub, and walk-in shower, complemented by a stylish bar with a wine fridge perfect for entertaining.
Enhanced Practical Features: Benefits from a large laundry room, a two-car garage with golf cart space, and a grand paved circular driveway, adding convenience and curb appeal.

Cons

Potential Overpricing: The property's estimated value is significantly lower than the listing price, suggesting it may be substantially overpriced relative to market data and comparable properties.
High Monthly HOA Fees: The substantial monthly association fee of $1,709 could be a significant ongoing cost for potential buyers, impacting affordability.
Flexible Bedroom Configuration: One of the original three bedrooms is currently configured as a sitting area, which, while convertible, may require additional effort or cost for buyers needing a dedicated third bedroom.

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