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2 Pyramid Lake Court, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath

2 Pyramid Lake Court, Rancho Mirage, California 92270 home-pic-0
ACTIVE$895,000
2 Pyramid Lake Court, Rancho Mirage, California 92270
3Beds
3Baths
2,102Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($691,094.79) is $203,905.21 (22%) lower than the list price ($895,000). This property may be overpriced.

Key pros and cons

Top Pros:
Lakefront & Mountain Views: The property boasts breathtaking lakefront views and stunning water vistas visible throughout, complemented by desirable mountain views, enhancing its appeal and value.
Top Cons:
Overpriced Relative to Market: The current listing price of $895,000 is significantly higher than the estimated property value of $691,094.79 and recent comparable sales within the same subdivision, suggesting it may be overpriced.

Compared to the nearby listings

Price:$895.0K vs avg $1.08M ($-185,000)33%
Size:2,102 sqft vs avg 2,895.5 sqft19%
Price/sqft:$426 vs avg $42253%

More Insights

Built in 2004 (21 years old).
Condition: Built in 2004, this property has undergone significant and recent renovations to its key areas. The kitchen features modern white shaker cabinets, Quartz countertops, a large island, and stainless steel appliances, all appearing virtually new. The bathrooms have also been thoughtfully updated with beautiful modern finishes, including a freestanding tub and contemporary vanities. The overall aesthetic is fresh and current, with recessed lighting, modern fixtures, and clean tile flooring throughout the main living spaces. The property is move-in ready with no deferred maintenance visible in the updated areas, meeting current quality standards.
Year Built
2004
Close
-
List price
$895K
Original List price
$989K
Price/Sqft
$426
HOA
$335
Days on market
-
Sold On
-
MLS number
219122062DA
Home ConditionExcellent
Features
Excellent View: Lake, Mountain(s)
Pool
Spa
Patio
ViewLake, Mountain(s)

About this home

Welcome to this beautiful 3BD/3BA home in the gated community of Mission Shores. With 2,102 square feet of living space, this home offers a spacious open floor plan, perfect for entertaining, with a seamless flow between the living, dining, and kitchen areas. The updated kitchen features Quartz countertops, a large island, and ample storage. Enjoy breathtaking lakefront views from the comfort of your home, poolside, or on the patio, with stunning water vistas visible throughout. The serene lakefront setting provides a peaceful retreat while you relax in your private pool and spa. The bathrooms have been thoughtfully updated with beautiful modern finishes. Additional features include a 2-car garage, offering both convenience and storage. This home also includes high ceilings, recessed lighting, and large windows that bring in natural light, creating a bright and welcoming atmosphere. Located in a sought-after community, this home offers the perfect blend of luxury, comfort, and waterfront living. Don't miss this exceptional opportunity!

Nearby schools

4/10
Cathedral City Elementary School
Public,•K-5•0.5mi
6/10
Rancho Mirage Elementary School
Public,•K-5•4.0mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•0.1mi
6/10
Cathedral City High School
Public,•9-12•0.6mi
4/10
Desert Learning Academy
Public,•K-12•4.5mi
Condition Rating
Excellent
Built in 2004, this property has undergone significant and recent renovations to its key areas. The kitchen features modern white shaker cabinets, Quartz countertops, a large island, and stainless steel appliances, all appearing virtually new. The bathrooms have also been thoughtfully updated with beautiful modern finishes, including a freestanding tub and contemporary vanities. The overall aesthetic is fresh and current, with recessed lighting, modern fixtures, and clean tile flooring throughout the main living spaces. The property is move-in ready with no deferred maintenance visible in the updated areas, meeting current quality standards.
Pros & Cons

Pros

Lakefront & Mountain Views: The property boasts breathtaking lakefront views and stunning water vistas visible throughout, complemented by desirable mountain views, enhancing its appeal and value.
Private Pool & Spa: Enjoy a private pool and spa, offering a serene retreat and essential amenity for desert living and entertaining.
Updated Interior Finishes: The kitchen features updated Quartz countertops, a large island, and ample storage, while bathrooms have been thoughtfully updated with beautiful modern finishes.
Gated Community & Desirable Location: Located in the sought-after, gated community of Mission Shores in Rancho Mirage, providing security and a prestigious address.
Spacious Open Floor Plan: The home offers a spacious open floor plan with high ceilings, recessed lighting, and large windows, creating a bright, welcoming atmosphere perfect for entertaining.

Cons

Overpriced Relative to Market: The current listing price of $895,000 is significantly higher than the estimated property value of $691,094.79 and recent comparable sales within the same subdivision, suggesting it may be overpriced.
Smaller Square Footage for Price Point: At 2,102 square feet, the property offers less living space compared to some recently sold comparables in nearby communities that achieved similar or higher prices.
Potential for Older Systems: Built in 2004, while interior cosmetic updates are noted, there is no explicit mention of recent upgrades to major systems (e.g., HVAC, roof, water heater), which may be nearing the end of their typical lifespan and could incur future costs.

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