165 Lake Shore Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath
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Rancho Mirage, California 92270
This Waterfront Resort Residence is listed at $649,000, following a strategic price reduction to align with its $589,800 Fair Market Value. Boasting a Private Boat Dock and Panoramic Lake and Mountain Views, this Move-in Ready home provides a unique Sanctuary within the guard-gated Lake Mirage Racquet Club. The property holds a Fair Condition Rating, featuring a single-level layout and access to 11 pools. Located near James Earl Carter Elementary and Palm Desert High, it is the ideal fit for Lifestyle-Focused Buyers or Owner-Occupants seeking a polished desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 165 Lake Shore Drive Subject | $625,000* List Price | 3 | 3 | 1,813 | $325 | - |
A 141 Lake Shore Drive Sold | $574,000 | 2 | 3 | 1,615 | $355 | 0.1 mi |
B 185 Kavenish Drive Sold | $570,000 | 3 | 3 | 1,724 | $331 | 0.8 mi |
C 41 Don Quixote Drive Sold | $670,000 | 3 | 3 | 1,995 | $336 | 0.7 mi |
D 1 Cueta Drive Sold | $626,000 | 3 | 2 | 1,693 | $370 | 0.9 mi |
E 139 Lake Shore Drive Active | $499,000 List Price | 3 | 3 | 1,947 | $256 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1988, is well-maintained and move-in ready but shows significant signs of being outdated. While the flooring has been updated to tile and wood-look laminate, the kitchen and bathrooms feature older styles consistent with the home's age, including tile countertops with grout lines, dated oak-style cabinetry, and 'Hollywood' bar lighting in the bathrooms. The appliances are functional but not modern. It fits the 'fair' category as a home that has had regular upkeep and minor updates but lacks a recent, comprehensive renovation of its primary systems and fixtures.
The property features an assigned private dock on a 25-acre lake with panoramic mountain views, offering a rare and premium desert-waterfront living experience.
The desirable floor plan includes no interior steps and three bedrooms with private en-suite access, ensuring maximum accessibility and privacy for residents and guests.
Located in the guard-gated Lake Mirage Racquet Club, residents have access to 11 pools, tennis and pickleball courts, and a fitness center, providing a comprehensive resort-style environment.
The monthly association fee of $1,031 is substantial and may be a deterrent for buyers concerned with high recurring monthly expenses.
Constructed in 1988, the home and its core systems may require more frequent maintenance or future capital improvements compared to newer residential developments.
New Price Reduction! Nestled within the heart of Lake Mirage, this beautifully updated 3-bedroom, 3-bath residence combines comfort, elegance, and resort-style living. Step inside to a light-filled, open floor plan featuring tile and wood-look flooring throughout, classic wood shutters, and soaring cathedral ceilings. A double-sided fireplace warms both the living and dining areas, creating an inviting atmosphere for relaxing or entertaining. Expansive windows frame panoramic views of the lake and surrounding mountains, while the spacious patio invites you to enjoy tranquil mornings or sunset gatherings by the water. The primary suite offers peaceful lake views, a generous walk-in closet, and a luxurious ensuite bath complete with jetted tub and separate shower. Each bedroom features direct access to its own bathroom, ensuring privacy and convenience for all. This highly desired floor plan offers the ease of single-level living--no interior steps--and includes an assigned dock, perfect for a small electric boat or kayak. Located within the prestigious Lake Mirage Racquet Club, residents enjoy world-class amenities including 25 acres of open lake for sailing and rowing, scenic jogging and cycling paths, 10 tennis courts, 2 pickleball courts, 11 pools and spas, a fitness center, and a clubhouse ideal for private gatherings. All set within a guard-gated community just minutes from premier shopping, fine dining, and top-rated healthcare in the heart of Rancho Mirage.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 1,813 | 1,798 | 54% |
| Lot Size | 6,098 | 2,614 | 88% |
| Price | $625.0K | $574.0K | 63% |
| Price per sq ft | $345 | $324 | 62% |
| Built year | 1988 | 1979 | 84% |
| HOA | $1031.0 | $839 | 80% |
| Days on market | 193 | 153 | 73% |
Apr 18, 2026
$625,000
$649,000
-4% Price Drop
Initial Listing
Mar 20, 2026
$649,000
$675,000
-4% Price Drop
Initial Listing
Feb 4, 2026
$675,000
$688,000
-2% Price Drop
Initial Listing
Oct 11, 2025
$688,000
Initial Listing