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17 Oakmont Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 5 bed, 5 bath

17 Oakmont Drive, Rancho Mirage, California 92270 home-pic-0
ACTIVE$1,669,000
17 Oakmont Drive, Rancho Mirage, California 92270
5Beds
5Baths
3,915Sqft
16,553Lot

Price Vs. Estimate

The estimated value ($1,602,852.355) is $66,147.645 (3%) lower than the list price ($1,669,000). 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 = 16553, living area = 3915.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.

Compared to the nearby listings

Price:$1.67M vs avg $1.09M (+$579,000)75%
Size:3,915 sqft vs avg 2,903 sqft79%
Price/sqft:$426 vs avg $42253%

More Insights

Built in 1999 (26 years old).
Condition: Built in 1999, this property is 25 years old. While exceptionally well-maintained with no visible wear and tear, the kitchen features dark wood cabinetry and speckled granite countertops, and the main living areas have large square tiled flooring, all of which reflect an early 2000s aesthetic. These elements, though functional and clean, are outdated by current standards. Some areas have newer laminate flooring, indicating minor updates, but there's no evidence of a comprehensive renovation within the last 15 years to bring the key areas like the kitchen and bathrooms to a modern standard. The property is aged but maintained, requiring minor updates to align with contemporary styles.
Year Built
1999
Close
-
List price
$1.67M
Original List price
$1.72M
Price/Sqft
$426
HOA
$300
Days on market
-
Sold On
-
MLS number
PW25259656
Home ConditionFair
Features
Excellent View: Golf Course
Pool
Spa
Patio
ViewGolf Course

About this home

Enjoy the sweeping Mountain and Fairway Views on the Arnold Palmer Private Golf Course at Mission Hills on this premium lot. The home has 4 bedrooms plus detached Casita, separate office/gym , 5 Baths and powder room. The Casita is fully furnished with mini fridge and wet bar. The spacious primary suite with golf course views includes a high ceilings and dual bath rooms with a large two custom walk in closet. The natural light flows through the multiple sliders and wall to wall windows. The step down open living room and dining room with wet bar create a cozy entertaining space. Step outside to discover a true paradise for you and your guests. The yard includes a pool, a generous lawn area, and a covered patio that provides a perfect spot for additional seating minutes away from Palm Springs! The garage 2 car garage provides plenty of cabinet for storage in addition to a golf cart garage. The circular driveway adds both convenience and curb appeal. Don't miss out the opportunity to make this remarkable home your own and enjoy the luxurious life style it has to offer.

Price History

Date
Event
Price
02/05/99
Sold
$465,000
07/06/21
Sold
$1,250,000
12/07/06
Sold
$1,168,181
09/02/04
Sold
$1,150,000
Condition Rating
Fair
Built in 1999, this property is 25 years old. While exceptionally well-maintained with no visible wear and tear, the kitchen features dark wood cabinetry and speckled granite countertops, and the main living areas have large square tiled flooring, all of which reflect an early 2000s aesthetic. These elements, though functional and clean, are outdated by current standards. Some areas have newer laminate flooring, indicating minor updates, but there's no evidence of a comprehensive renovation within the last 15 years to bring the key areas like the kitchen and bathrooms to a modern standard. The property is aged but maintained, requiring minor updates to align with contemporary styles.
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 = 16553, living area = 3915.
Prime Location & Views: The property boasts sweeping Mountain and Fairway Views on the prestigious Arnold Palmer Private Golf Course at Mission Hills, situated on a premium lot and just minutes away from Palm Springs, offering an exceptional luxury desert lifestyle.
Versatile Living Spaces: Featuring 4 bedrooms in the main house plus a detached, fully furnished Casita with a wet bar, and a separate dedicated office/gym, this home provides extensive flexibility for guests, multi-generational living, or specialized functional areas.
Luxurious Primary Suite: The spacious primary suite offers golf course views, high ceilings, dual bathrooms, and two custom walk-in closets, providing a private and opulent retreat for homeowners.
Exceptional Outdoor Amenities: The 'paradise' yard includes a private pool, a generous lawn area, and a covered patio, creating an ideal setting for entertaining and enjoying the renowned Rancho Mirage climate.
Ample Parking & Curb Appeal: The property features a 2-car garage with ample storage, a dedicated golf cart garage, and a circular driveway, enhancing both convenience, functionality, and the home's overall aesthetic appeal.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Age of Property / Potential for Updates: Built in 1999, the home is 25 years old. While well-maintained, certain systems or aesthetic elements may require updates or renovations to align with contemporary luxury standards or to address wear and tear over time.
Ongoing Association Fees: The property is subject to a monthly association fee of $300.0, which represents an additional recurring cost for the homeowner, a common but significant financial consideration in such communities.
Recent Price Adjustment: A recent price reduction from the original list price could indicate a longer market time than desired or an initial overestimation of market value, potentially raising questions for prospective buyers regarding its competitive positioning.

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