
Rancho Mirage, California 92270
This Architectural Lakefront Sanctuary is listed at $2,575,000, representing a stable valuation near its $2,483,198 Fair Market Value. Designed by the renowned Narendra Patel, this residence holds a Good Condition Rating and offers a rare unobstructed lake view—one of only five in the exclusive Waterford development. The immaculate interior features a private pool, spa, and patio, with proximity to Rancho Mirage Elementary and Rancho Mirage High. This Move-in Ready estate offers an unparalleled desert lifestyle for luxury-seeking families or discerning seasonal residents.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 152 Waterford Circle Subject | $2,475,000* List Price | 4 | 5 | 4,848 | $497 | - |
A 27 Ambassador Circle Sold | $2,400,000 | 5 | 6 | 5,321 | $451 | 1.0 mi |
B 23 Ambassador Circle Sold | $2,200,000 | 4 | 5 | 4,343 | $507 | 1.0 mi |
C 28 Sun Ridge Circle Sold | $2,350,000 | 4 | 6 | 4,519 | $520 | 0.3 mi |
D 41 Ambassador Circle Sold | $2,240,000 | 5 | 6 | 4,822 | $465 | 0.8 mi |
E 103 Waterford Circle Active | $2,395,000 List Price | 5 | 5 | 4,845 | $494 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in immaculate, move-in ready condition, having been meticulously maintained by the original owner since its construction in 1996. While the architectural style and finishes in the kitchen and bathrooms likely reflect the home's original 90s vintage, the high-quality Narendra Patel design, pristine large-format stone flooring, and lack of deferred maintenance justify a 'good' rating despite the home being slightly older than the typical 20-year threshold.
As one of only five homes in the Waterford development with unobstructed views across the lake, this property offers a level of exclusivity and scenic beauty that is highly rare in the Rancho Mirage market.
Designed by the celebrated architect Narendra Patel, the home features a sophisticated architectural aesthetic and an elegant open-plan layout that provides a unique sense of warmth and luxury.
This single-owner residence has been exceptionally well-cared for since its construction, presenting in immaculate condition which reduces the immediate need for restorative work.
Built in 1996, the property may soon require updates to major mechanical systems or aesthetic modernizations to compete with the ultra-contemporary finishes found in newer luxury builds.
The monthly association fee of $840, combined with the property tax profile of a $2.5M+ home, represents a significant ongoing financial commitment for the owner.
The local middle and high schools carry modest ratings (3 and 5 respectively), which may be a drawback for families prioritizing top-tier public education performance.
A rare opportunity to own one of only five homes in Waterford with unobstructed views across the lake. This immaculate 4 bedroom, 4.5 bathroom architectural gem was designed by the celebrated Narendra Patel. Waterford is a beautiful Custom Home Development perfectly positioned in the heart of Rancho Mirage. Close to several top flight Country Clubs.This home exudes warmth and elegance and has been lovingly cared for since its construction by the present owner.The open plan great room with dramatic fireplace has that special sought after view overlooking the beautiful Waterford lake. Short walking distance to the private tennis courts within the development.
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 5.0 | 3.0 | 76% |
| Square foot | 4,848 | 2,726 | 90% |
| Lot Size | 17,860 | 10,454 | 82% |
| Price | $2.48M | $1.11M | 88% |
| Price per sq ft | $511 | $438 | 69% |
| Built year | 1996 | 2001 | 40% |
| HOA | $840.0 | $445 | 78% |
| Days on market | 204 | 167 | 78% |
Mar 23, 2026
$2,475,000
$2,575,000
-4% Price Drop
Initial Listing
Feb 16, 2026
$2,575,000
$2,650,000
-3% Price Drop
Initial Listing
Oct 1, 2025
$2,650,000
Initial Listing