156 Saint Thomas Place, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 2 bath
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Rancho Mirage, California 92270
This Move-In Ready Desert Retreat is a Prime Investment Opportunity, listed at $718,000—positioned well below the $739,000 Fair Market Value by 2%. This valuation gap provides $21,000 in Instant Equity. Maintaining a Condition Rating of 3, the home features an updated Granite Kitchen and stunning San Jacinto Mountain Views. Residents benefit from IID Utility Savings and a remarkably low $170 HOA Fee near Rancho Mirage High. It is an ideal acquisition for Owner-Occupants or Second-Home Buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 156 Saint Thomas Place Subject | $718,000* List Price | 3 | 2 | 2,036 | $353 | - |
A 12 Calais Circle Sold | $908,000 | 3 | 3 | 2,314 | $392 | 0.9 mi |
B 39 Cabernet Sold | $815,000 | 3 | 2 | 2,008 | $406 | 0.8 mi |
C 69 Bordeaux Sold | $750,000 | 2 | 2 | 1,858 | $404 | 0.9 mi |
D 76 Claret Sold | $919,000 | 2 | 2 | 2,008 | $458 | 0.9 mi |
E 30 Cabernet Sold | $743,000 | 2 | 2 | 1,770 | $420 | 0.9 mi |
F 102 Clearwater Way Active | $899,995 List Price | 3 | 3 | 2,477 | $363 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004, this property is move-in ready and well-maintained. The kitchen is updated with granite countertops and stainless steel appliances, and the bathrooms appear clean and functional. While the home is 20 years old, it shows minimal wear and tear, fitting the criteria for a well-kept residence within its age bracket.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 2036.
The property is ideally situated in Rancho Mirage with rapid access to the I-10 freeway, Palm Springs International Airport, and major retail hubs like Costco and the upcoming Cotino by Disney development.
The home benefits from being served by the Imperial Irrigation District (IID) for significantly lower electricity rates and features a remarkably low monthly HOA fee of $170 for the area.
The local public schools assigned to this address have mid-range ratings (3 to 5), which may be a drawback for families specifically seeking top-tier educational performance.
While the low HOA fee is a financial benefit, the small scale of the Key Largo subdivision typically offers fewer resort-style amenities compared to larger, high-fee developments in Rancho Mirage.
Located in the prestigious City of Rancho Mirage, this home is nestled within the intimate Estates at Key Largo, a serene community of just 59 residences with monthly HOA fees of $170. Enjoy quiet surroundings and beautiful San Jacinto Mountain views while being minutes from Cotino(tm) by Disney, Sunnylands, and the Rancho Mirage Library & Observatory.Convenient access to Costco, Sam's Club, Home Depot, the I-10 Freeway, and Palm Springs International Airport (15 minutes) makes travel to Orange County, San Diego, and Los Angeles effortless. Walking distance to one of Rancho Mirage's top dog parks adds lifestyle appeal. Served by Imperial Irrigation District (IID) for lower electric utility costs. A rare opportunity in a prime location with strong long-term value.
No exterior & parking available.
Grades K-5 • 4.3 mi
Grades 6-8 • 2.8 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 20% |
| Square foot | 2,036 | 2,726 | 19% |
| Lot Size | 8,712 | 10,454 | 37% |
| Price | $718.0K | $1.10M | 11% |
| Price per sq ft | $353 | $438 | 21% |
| Built year | 2004 | 2001 | 60% |
| HOA | $170.0 | $445 | 13% |
| Days on market | 101 | 164 | 26% |
Feb 22, 2026
$718,000
$739,000
-3% Price Drop
Initial Listing
Jan 12, 2026
$739,000
Initial Listing
Jun 12, 2008
$358,500
Public Record
Apr 19, 2004
$361,000
Public Record