16 Lincoln Place, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 4 bath

16 Lincoln Place, Rancho Mirage, California 92270 home-pic-0
ACTIVE$875,000
16 Lincoln Place, Rancho Mirage, California 92270
3Beds
4Baths
2,726Sqft
10,129Lot
Year Built
1980
Close
-
List price
$875K
Original List price
$1.1M
Price/Sqft
$321
HOA
$280
Days on market
-
Sold On
-
MLS number
219121679DA
Home ConditionFair
Features
Good View: Mountain(s)
Deck
Pool
Spa
Patio
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $875.0K(30th), sqft - 2726(43th), beds - 3(50th), baths - 4(54th).

This spacious home in the hidden jewel community of Presidential Estates. Home offers an amazing outdoor living oasis. Entertain your guests under the stack stone covered outdoor kitchen. Beautiful pool with tanning shelf & spa. Raised observation deck with water feature offers full San Jacinto mountain views. This home has 3 bedrooms 3.5 baths with over 2,700 square feet. Double door entry brings you to the living room with vaulted ceilings and fireplace. Living areas and primary bedroom open up to the enclosed oversized sun room perfect as a game room or for larger outdoor gatherings. Also the home offers a dining room & large family room both off the kitchen as well as the breakfast nook, laundry room & walk-in pantry. All three bedrooms are suites and are ample in size. Some of the recent upgrades are double pane windows throughout, new flooring in living areas & bedrooms and new window treatments. There are two solar systems on the home, one is owned, second is leased and will need to be transferred to Buyer. This is the only home currently on the market situated on the most southern side of the community offering you the quietest location and best desert views. Plus a two-car & golf cart garage. Presidential Estates is a gated community with one of the lowest HOA dues in the area. It's a hidden gem of a neighborhood and offers a community pool and spa, two lighted tennis courts and RV parking.

Nearby schools

6/10
Rancho Mirage Elementary School
Public,K-53.1mi
3/10
Nellie N. Coffman Middle School
Public,6-81.1mi
5/10
Rancho Mirage High
Public,9-122.6mi
4/10
Desert Learning Academy
Public,K-125.3mi
Condition Rating
Fair

The property, built in 1980, has received some significant recent upgrades such as double-pane windows, new flooring in living areas and bedrooms, and new window treatments, which enhance its functionality and appeal. The outdoor living space is a strong asset, featuring a modern pool, spa, and outdoor kitchen. However, the kitchen and most bathrooms retain their original or older renovated aesthetics, with dated cabinets, countertops, and tile work. While functional, these key areas show signs of being outdated and would likely require further modernization to align with contemporary buyer preferences, placing it in the 'Fair' category.
Pros & Cons

Pros

Exceptional Outdoor Oasis & Mountain Views: The property boasts an amazing outdoor living oasis with a stack stone covered outdoor kitchen, beautiful pool with tanning shelf & spa, and a raised observation deck offering full San Jacinto mountain views and best desert views.
Recent Interior Upgrades: Significant recent upgrades include double pane windows throughout, new flooring in living areas & bedrooms, and new window treatments, enhancing the home's modern appeal and energy efficiency.
Energy Efficiency with Owned Solar: Equipped with two solar systems, one of which is owned, contributing to reduced energy costs and a more sustainable lifestyle.
Prime & Quiet Community Location: Situated on the most southern side of the Presidential Estates community, offering the quietest location and superior desert views within a desirable gated neighborhood.
Low HOA & Comprehensive Community Amenities: Located in a gated community with one of the lowest HOA dues in the area, providing access to a community pool, spa, two lighted tennis courts, and RV parking.

Cons

Property Age & Potential for Further Updates: Built in 1980, while some areas are updated, other components or aesthetics may reflect its age and could require future modernization to align with contemporary buyer preferences.
Leased Solar System Obligation: One of the two solar systems is leased and requires transfer to the buyer, introducing an ongoing contractual obligation and monthly cost.
Significant Price Reduction & Market Duration: The property has undergone a substantial price reduction from its original list price and has been on the market for an extended period, which may raise questions for potential buyers regarding its value or market appeal.

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