2 Marine Way Lot #161, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 4 bath

2 Marine Way Lot  home-pic-0

2 Marine Way Lot #161

Rancho Mirage, California 92270

ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
2,924Sq Ft
13,495Lot Size

Property Price

LIST PRICE$2,153,774
EST. MARKET VALUE
$1,988,657
8% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$1,988,657
Based on Realkey algorithm analyzing recent comparable sales in Rancho Mirage.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2 Marine Way Lot #161
Subject
$2,153,774*
List Price
342,924$680-
A
9 Heliotrope Avenue Lot #306
Sold
$2,269,990342,525$8990.4 mi
B
29 Sea Holly Road Lot #174
Active
$1,949,990
List Price
342,782$7010.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This is a brand-new 2025 construction by Shea Homes in the exclusive Cotino 'Storyliving by Disney' community. The property features a modern open-concept layout, a gourmet chef's kitchen with high-end finishes and a large central island, and brand-new mechanical systems, including a private pool and spa. As a new build, it meets the highest current quality standards with no deferred maintenance or physical depreciation.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 13495, living area = 2924.

  • Exclusive Disney Branding

    As part of the inaugural 'Storyliving by Disney' community, this property offers a unique lifestyle and prestige associated with the Disney brand, including access to curated community experiences and high-end amenities.

  • Modern New Construction

    Built in 2025 by Shea Homes, this Melodia design features contemporary open-concept living, gourmet kitchen finishes, and a private pool and spa, providing a turnkey luxury experience for quick move-in.

CONSRISKS & DEFICIENCIES

  • High Carrying Costs

    The combination of a $2.15M price point and a $550 monthly association fee represents a significant ongoing financial commitment for the homeowner.

  • Ongoing Development Activity

    As a new community currently under construction, residents may face temporary inconveniences such as construction noise, dust, and incomplete surrounding infrastructure as the subdivision matures.

About 2 Marine Way Lot #161

Welcome to Cotino, Storyliving by Disney, the first community of its kind in Rancho Mirage. Nestled on a great street and in near proximity to our clubhouse and the bay, this exquisite 3-bedroom, 3-bathroom, home with a gorgeous pool and spa is approximately 2,925 square feet and is thoughtfully designed for those seeking a quick move-in home in Cotino. Built by Shea Homes as part of their Grand Collection, this stunning Melodia design showcases a distinctive Oasis exterior elevation that blends modern style with timeless elegance. The residence invites you to discover a thoughtfully designed open-concept floor plan that seamlessly connects spacious living areas for comfort and ease. The elegant primary suite serves as a private retreat, featuring an expansive bath and a generous walk-in closet. Two secondary bedrooms, each with their own baths, provide ample space for guests or family. The well-appointed kitchen is a chef's dream, showcasing gourmet-quality finishes, a large central island perfect for gathering, and a walk-in pantry for abundant storage. Step outside to the expansive outdoor living area accessible from both the great room and the primary suite ideal for entertaining or enjoying tranquil moments. A versatile flex space offers the perfect setting for an office, entertainment room, or hobby studio tailored to your lifestyle needs. Cotino combines natural beauty, charming parks, and the magic of Disney to create a unique and vibrant community -- perfect for beginning your next chapter. Come see for yourself and experience all that this exceptional community has to offer.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2025
Lot Size
13,495 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$550.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.03.0
53%
Square foot2,9242,771
53%
Lot Size13,49510,454
69%
Price$2.15M$1.10M
80%
Price per sq ft$737$433
89%
Built year20251999
98%
HOA$550.0$445
66%
Days on market60156
8%

Pricing History

Listed for Sale

Feb 26, 2026

$2,153,774

$2,399,990

-10% Price Drop

Initial Listing

Price Change

Jan 7, 2026

$2,399,990

Initial Listing

Sold

May 30, 2024

$566,000

Public Record

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