151 St Thomas Place, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 2 bath

151 St Thomas Place, Rancho Mirage, California 92270 home-pic-0
ACTIVE$765,000
151 St Thomas Place, Rancho Mirage, California 92270
3Beds
2Baths
2,036Sqft
10,019Lot

Price Vs. Estimate

The estimated value ($637,854.79) is $127,145.21 (16%) lower than the list price ($765,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 2036.
Top Cons:
Significant Overpricing: The current list price of $765,000 is notably higher than the estimated property value of $637,854.79, suggesting it may be overpriced relative to market expectations and comparable sales.

Compared to the nearby listings

Price:$765.0K vs avg $1.08M ($-315,000)19%
Size:2,036 sqft vs avg 2,895.5 sqft17%
Price/sqft:$376 vs avg $42033%

More Insights

Built in 2004 (21 years old).
Condition: Built in 2004, this property is 20 years old, placing it at the upper end of the 'Good' category's age range. The listing highlights recent cosmetic updates including 'New front yard landscaping, Newer interior & exterior paint, New tile flooring in bedrooms.' The kitchen features granite countertops and stainless steel appliances, and the bathrooms include double sinks, a soaking tub, and a walk-in shower. Images confirm these areas are clean, functional, and well-maintained, requiring no immediate renovations. While the overall style reflects its build year and isn't ultra-modern, it is move-in ready with minimal wear and tear.
Year Built
2004
Close
-
List price
$765K
Original List price
$765K
Price/Sqft
$376
HOA
$160
Days on market
-
Sold On
-
MLS number
219125411DA
Home ConditionGood
Features
Good View: Mountain(s), Panoramic
Patio
ViewMountain(s), Panoramic

About this home

Great Property Located in The Gated Community of KEY LARGO! This property offers: 3 bedrooms, 2 baths. New front yard landscaping, Newer interior & exterior paint, New tile flooring in bedrooms. Double entry doors, Open floor plan with oversized Great Room w/ Fireplace. Large Formal Dining Area. Bright Kitchen with breakfast bar, granite countertops and Walk-In Pantry. Primary Bedroom features a Double Sided Fireplace. Master Bathroom with Double Sinks, Soaking Tub, Walk-In Shower and Walk In Closet. Large Backyard with extended Concrete Patio and great Views of the Beautiful Desert Mountains. Close Distance to Shopping, Gaming, Fine Dining, and Entertainment.

Nearby schools

6/10
Rancho Mirage Elementary School
Public,K-54.3mi
3/10
Nellie N. Coffman Middle School
Public,6-82.8mi
5/10
Rancho Mirage High
Public,9-122.3mi
4/10
Desert Learning Academy
Public,K-127.0mi
Condition Rating
Good

Built in 2004, this property is 20 years old, placing it at the upper end of the 'Good' category's age range. The listing highlights recent cosmetic updates including 'New front yard landscaping, Newer interior & exterior paint, New tile flooring in bedrooms.' The kitchen features granite countertops and stainless steel appliances, and the bathrooms include double sinks, a soaking tub, and a walk-in shower. Images confirm these areas are clean, functional, and well-maintained, requiring no immediate renovations. While the overall style reflects its build year and isn't ultra-modern, it is move-in ready with minimal wear and tear.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 2036.
Gated Community: The property is located within the desirable and secure gated community of Key Largo, offering enhanced privacy and exclusivity.
Recent Updates: The home benefits from recent upgrades including new front yard landscaping, newer interior and exterior paint, and new tile flooring in the bedrooms, contributing to a fresh and move-in ready appeal.
Panoramic Mountain Views: The large backyard offers great panoramic views of the beautiful desert mountains, a highly sought-after feature in the Rancho Mirage area.
Well-Appointed Interior Features: The property boasts an open floor plan, an oversized great room with a fireplace, a bright kitchen with granite countertops and a walk-in pantry, and a primary bedroom featuring a double-sided fireplace and a luxurious master bath with double sinks, a soaking tub, and a walk-in shower.
Convenient Location: Its proximity to shopping, gaming, fine dining, and entertainment venues enhances its lifestyle appeal and convenience for residents.

Cons

Significant Overpricing: The current list price of $765,000 is notably higher than the estimated property value of $637,854.79, suggesting it may be overpriced relative to market expectations and comparable sales.
Absence of Private Pool/Spa: Despite a large backyard and extended patio, the property lacks a private pool or spa, which is a highly desired amenity in the desert climate and often found in competing properties in this price range.
No Mention of Energy Efficiency Upgrades: The property description does not mention modern energy-saving features like solar panels, which are increasingly common in newer homes and can be a significant draw for buyers in the region.

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