
Rancho Mirage, California 92270
This Remodeled Modern Contemporary Home is a Prime Investment Opportunity, listed at $825,000—positioned well below the $934,735 Fair Market Value by 11%. This valuation gap provides $109,735 in Instant Equity for a property boasting an Excellent Condition Rating. Featuring a chef's kitchen with Thermador appliances, owned solar panels, and panoramic lake and mountain views, the residence includes a versatile attached casita and loft. Located near the 8/10 rated James Earl Carter Elementary, it perfectly balances high-end lifestyle with significant financial upside. This is an ideal match for Luxury-Seeking Retirees or Seasonal Homeowners.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 187 Kavenish Drive Subject | $825,000* List Price | 3 | 4 | 3,219 | $290 | - |
A 133 Kavenish Drive Sold | $750,000 | 3 | 3 | 2,603 | $288 | 0.3 mi |
B 121 Kavenish Drive Sold | $601,200 | 3 | 3 | 2,324 | $259 | 0.3 mi |
C 192 Kavenish Drive Sold | $658,000 | 3 | 3 | 2,456 | $268 | 0.2 mi |
D 103 N Kavenish Drive Sold | $650,000 | 3 | 3 | 2,324 | $280 | 0.4 mi |
E 154 Kavenish Drive Active | $845,500 List Price | 3 | 3 | 2,603 | $325 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone an extensive contemporary renovation within the last 5 years, featuring a high-end chef's kitchen with Thermador appliances and quartz/granite surfaces. Major mechanical systems were updated in 2021, including the HVAC units, furnaces, and garage door motors, and the home includes owned solar panels. The interior showcases modern lighting, updated large-format tile flooring, and refined finishes throughout, meeting the criteria for a fully renovated property with no deferred maintenance.
The home features a high-end contemporary remodel with Thermador appliances and owned solar panels, complemented by recently updated HVAC systems (2021) for significant energy savings.
An attached casita with a separate entrance and an additional upstairs loft provide exceptional flexibility for guest accommodations, a home office, or multi-generational living.
The property offers breathtaking panoramic views of the lake, mountains, and lush greenbelt, creating a serene and high-value backdrop for indoor-outdoor entertaining.
The monthly association fee of $950 is relatively high, which may impact the overall affordability and appeal for budget-conscious buyers.
As a condominium with a small 4,356 sqft lot for a large 3,219 sqft residence, there is minimal private outdoor space compared to detached single-family homes in the area.
Beautifully remodeled modern contemporary home showcasing refined finishes, modern lighting, and breathtaking lake, mountain, and lush greenbelt views. Thoughtfully designed with clean lines and an open, airy layout, this residence offers an elegant yet comfortable living experience. Enjoy your morning coffee while taking in elevated views that create a serene and inspiring backdrop throughout the home.The open-concept kitchen is a chef's dream, featuring Thermador appliances, granite and quartz countertops, and a spacious center island ideal for entertaining. Designed for both functionality and style, the kitchen flows seamlessly into the main living areas.The living room is warm and inviting, highlighted by a fireplace, wet bar, custom modern lighting, shutters throughout, and 4-inch baseboards. A separate laundry room with a wet sink adds everyday convenience, while the upstairs loft provides flexible space perfect for a home office or additional living area.The primary suite is a private retreat with large walk-in closets and a peaceful ambiance. An attached casita with a separate entrance offers exceptional versatility for guests, extended family, or a private workspace. Recent upgrades include 3-ton Lennox units and both furnaces replaced in 2021.Enjoy indoor-outdoor living in the backyard with awnings, built-in BBQ, and TV--ideal for entertaining or relaxing. The property also features a spacious two-car garage along with a golf cart garage, with Lift Master electric garage door motors replaced in 2021. Owned solar panels connected to SCE's grid--nine panels in total--significantly offset electric utility costs, adding long-term energy efficiency and savings. This exceptional home offers a rare blend of modern luxury, comfort, and efficiency. Schedule a private showing today and experience everything this beautiful residence has to offer.
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades K-5 • 2.1 mi
Grades 6-8 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 97% |
| Square foot | 3,219 | 1,798 | 98% |
| Lot Size | 4,356 | 2,614 | 67% |
| Price | $825.0K | $574.0K | 88% |
| Price per sq ft | $256 | $324 | 12% |
| Built year | 1997 | 1979 | 93% |
| HOA | $950.0 | $839 | 72% |
| Days on market | 8 | 152 | 2% |
Apr 14, 2026
$825,000
Initial Listing
Mar 29, 2021
$695,000
Public Record
Jan 18, 2011
$665,000
Public Record