165 Lake Shore Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath

165 Lake Shore Drive, Rancho Mirage, California 92270 home-pic-0

165 Lake Shore Drive

Rancho Mirage, California 92270

ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,813Sq Ft
6,098Lot Size

Property Price

LIST PRICE$675,000

SUMMARY

Analysis of 165 Lake Shore Drive, Rancho Mirage, California 92270 is currently available with a list price of $675,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Rancho Mirage Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features significant interior updates, including a modernized kitchen with stainless steel appliances and stone countertops, as well as updated wood-look and tile flooring throughout. While the home was built in 1988, the interior finishes, cathedral ceilings, and well-maintained bathrooms reflect a high level of upkeep and style consistent with a property renovated within the last 5 to 15 years.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Waterfront Location

    The property features an assigned private dock on a 25-acre lake, offering rare water access and stunning panoramic mountain views directly from the living areas and primary suite.

  • Extensive Community Amenities

    Located in the prestigious Lake Mirage Racquet Club, residents enjoy world-class facilities including 11 pools, 10 tennis courts, pickleball, and a guard-gated entrance for maximum security.

  • Functional Single-Level Design

    The highly desirable floor plan offers 1,813 square feet of living space with no interior steps and three bedrooms each featuring a private ensuite bath, ensuring both accessibility and privacy.

CONSRISKS & DEFICIENCIES

  • High Monthly Carrying Costs

    The association fee is $1,031 per month, which represents a significant recurring expense that may deter budget-conscious buyers or impact financing ratios.

  • Vintage Infrastructure

    Built in 1988, the property and its community infrastructure are over 35 years old, which may necessitate ongoing maintenance or future capital improvement assessments despite recent interior updates.

About 165 Lake Shore Drive

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.

Property Details

Public Facts

Property Type
Condominium
Year Built
1988
Lot Size
6,098 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$1031.0 / Month

Neighborhood Insights

Rancho Mirage Unified Schools

James Earl Carter Elementary School

Grades K-5 • 1.5 mi

8/10

Palm Desert High School

Grades 9-12 • 2.7 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.02.0
52%
Baths3.02.0
66%
Square foot1,8131,817
50%
Lot Size6,0982,378.5
88%
Price$675.0K$542.5K
80%
Price per sq ft$372$309
80%
Built year19881980
84%
HOA$1031.0$835
86%
Days on market148158
47%

Pricing History

Listed for Sale

Feb 4, 2026

$675,000

$688,000

-2% Price Drop

Initial Listing

Price Change

Oct 11, 2025

$688,000

Initial Listing

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