16 Corte Del Sol, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 4 bath
ACTIVE UNDER CONTRACT$1,185,000$2,608/sqft
Est. Value: $1,152,035
-2%
FairlyEstimate
16 Corte Del Sol, Rancho Mirage, California 92270
3Beds
4Baths
2,608Sqft
10,454Lot
Price Vs. Estimate
The estimated value ($1,152,035.12) is $32,964.88 (2%) lower than the list price ($1,185,000). 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 = 10454, living area = 2608.
Top Cons:
Limited Availability: The property is currently 'Active Under Contract,' indicating it is not immediately available for new offers, which may deter interested buyers.
Compared to the nearby listings
Price:$1.19M vs avg $1.06M (+$120,000)58%
Size:2,608 sqft vs avg 2,834 sqft41%
Price/sqft:$454 vs avg $41865%
More Insights
Built in 2002 (24 years old).
Condition: Built in 2002, this property has undergone significant recent updates including a new HVAC system, windows, and a fully renovated pool area. The kitchen also features a new microwave and cooktop. These updates ensure major systems are in good condition and the property is move-in ready. While some areas may still reflect the original build year and could benefit from future aesthetic upgrades, the substantial system and outdoor renovations elevate its condition beyond 'Fair'.
Year Built
2002
Close
-
List price
$1.19M
Original List price
$1.19M
Price/Sqft
$454
HOA
$272
Days on market
-
Sold On
-
MLS number
219141399DA
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)
About this home
This stunning 3 bed 4 bath, including the casita plus office property that is located in the heart of Rancho Mirage's highly desirable community, La Terraza, is the perfect place to be in the center of the charming desert life. It features a private south-facing backyard including a pool with a new heater, filter, decking, and pool resurfacing in addition to a spill-over spa connected to the covered patio. The kitchen comes with an island and has some updated features that include a new microwave and cooktop. Some other updated aspects for the property include an air purifier, windows and window coverings, and an HVAC system. This property is perfect for someone who is looking for spectacular south-facing mountain views on sunny days.
A
Alex Jay
Listing Agent
Nearby schools
8/10
James Earl Carter Elementary School
Public,•K-5•1.3mi
7/10
Palm Desert High School
Public,•9-12•2.4mi
Price History
Date
Event
Price
01/07/22
Sold
$985,000
10/28/16
Sold
$600,000
11/02/01
Sold
$408,500
Condition Rating
Good
Built in 2002, this property has undergone significant recent updates including a new HVAC system, windows, and a fully renovated pool area. The kitchen also features a new microwave and cooktop. These updates ensure major systems are in good condition and the property is move-in ready. While some areas may still reflect the original build year and could benefit from future aesthetic upgrades, the substantial system and outdoor renovations elevate its condition beyond 'Fair'.
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 = 10454, living area = 2608.
Prime Location & Community: Located in the highly desirable La Terraza community in the heart of Rancho Mirage, offering access to a charming desert lifestyle.
Exceptional Outdoor Living: Features a private, south-facing backyard with a recently updated pool (new heater, filter, decking, resurfacing) and a spill-over spa connected to a covered patio, ideal for relaxation and entertaining.
Significant Recent Updates: Key property systems have been updated, including an air purifier, windows and window coverings, and a new HVAC system, reducing immediate capital expenditure for a new owner.
Flexible Living Spaces: The property includes a casita and a dedicated office, providing versatile options for guest accommodation, remote work, or additional living space.
Spectacular Mountain Views: Boasts spectacular south-facing mountain views, enhancing the property's aesthetic appeal and overall value.
Cons
Limited Availability: The property is currently 'Active Under Contract,' indicating it is not immediately available for new offers, which may deter interested buyers.
Recurring Association Fees: A monthly association fee of $272 adds to the ongoing cost of homeownership.
Potential for Further Updates: While some areas like the kitchen have 'updated features' and major systems are new, the 2002 build year suggests other areas may still reflect original construction and could require future aesthetic or functional upgrades.