202 Desert Lakes Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 2 bath

202 Desert Lakes Drive, Rancho Mirage, California 92270 home-pic-0
ACTIVE$1,099,500
202 Desert Lakes Drive, Rancho Mirage, California 92270
3Beds
2Baths
2,770Sqft
6,098Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Panoramic Lake & Mountain Views: The property boasts breathtaking panoramic southwest views of the lake and surrounding mountains from the spacious great room, significantly enhancing its appeal and value.
Top Cons:
High Monthly Association Fees: The substantial monthly association fee of $1,031 represents a significant ongoing cost of ownership, which may be a deterrent for some potential buyers.

Compared to the nearby listings

Price:$1.10M vs avg $541.5K (+$558,000)97%
Size:2,770 sqft vs avg 1,826.5 sqft92%
Price/sqft:$397 vs avg $30191%

More Insights

Built in 1985 (40 years old).
Condition: This property, built in 1985, has undergone a beautiful and extensive modern remodel, as highlighted in the description and clearly visible in the images. The kitchen features contemporary flat-panel cabinetry, pristine white quartz countertops, a stylish modern tile backsplash, and high-end stainless steel built-in appliances (including a Frigidaire oven and microwave, and a modern range hood). The flooring throughout the main living areas is 24'' white porcelain tile, which is new and in excellent condition. Light fixtures are modern, including recessed lighting, sleek pendant lights over the island, and a contemporary chandelier in the dining area. While the original construction year is 1985, the renovation appears to be very recent, bringing the property to a virtually new standard in terms of aesthetics and functionality. Although bathroom images are not provided, the description mentions 'white quartz countertops throughout,' implying similar high-quality updates. The overall impression is of a move-in ready home with no deferred maintenance and minimal physical depreciation in its renovated components, aligning with the 'excellent' criteria for an extensively renovated property.
Year Built
1985
Close
-
List price
$1.1M
Original List price
$1.2M
Price/Sqft
$397
HOA
$1,031
Days on market
-
Sold On
-
MLS number
219137332DA
Home ConditionExcellent
Features
Excellent View: Lake, Mountain(s), Panoramic, Water
Patio
ViewLake, Mountain(s), Panoramic, Water

About this home

The crown jewel of Lake Mirage. Experience luxurious lakeside living in the heart of exclusive Lake Mirage. This beautifully remodeled 3-bedroom, 2-bath home offers 2,770 square feet of comfortable contemporary design, featuring 24'' white porcelain tile and white quartz countertops throughout, and filled with natural light and stylish upgrades. The third bedroom is currently used as a TV room, would also make a perfect home office.Enjoy breathtaking panoramic southwest views of the lake and surrounding mountains from the spacious great room. Unique accordion sliders open the atrium, transforming it into an additional indoor-outdoor living space ideal for entertaining or relaxing.With direct access from the attached 2-car garage, this light and bright home blends comfort and convenience - perfect for year-round enjoyment or a luxurious retreat.

Nearby schools

8/10
James Earl Carter Elementary School
Public,K-51.6mi
7/10
Palm Desert High School
Public,9-122.8mi
Condition Rating
Excellent

This property, built in 1985, has undergone a beautiful and extensive modern remodel, as highlighted in the description and clearly visible in the images. The kitchen features contemporary flat-panel cabinetry, pristine white quartz countertops, a stylish modern tile backsplash, and high-end stainless steel built-in appliances (including a Frigidaire oven and microwave, and a modern range hood). The flooring throughout the main living areas is 24'' white porcelain tile, which is new and in excellent condition. Light fixtures are modern, including recessed lighting, sleek pendant lights over the island, and a contemporary chandelier in the dining area. While the original construction year is 1985, the renovation appears to be very recent, bringing the property to a virtually new standard in terms of aesthetics and functionality. Although bathroom images are not provided, the description mentions 'white quartz countertops throughout,' implying similar high-quality updates. The overall impression is of a move-in ready home with no deferred maintenance and minimal physical depreciation in its renovated components, aligning with the 'excellent' criteria for an extensively renovated property.
Pros & Cons

Pros

Panoramic Lake & Mountain Views: The property boasts breathtaking panoramic southwest views of the lake and surrounding mountains from the spacious great room, significantly enhancing its appeal and value.
Extensive Modern Remodel: This home has been beautifully remodeled with a contemporary design, featuring 24'' white porcelain tile and white quartz countertops throughout, offering a luxurious and move-in ready interior.
Seamless Indoor-Outdoor Living: Unique accordion sliders open the atrium, transforming it into an additional indoor-outdoor living space, ideal for entertaining and enjoying the Rancho Mirage climate.
Exclusive Lakeside Community: Located in the prestigious Lake Mirage Racquetball Club, the property offers luxurious lakeside living within an exclusive and highly desirable subdivision.
Flexible & Spacious Layout: With 2,770 square feet, the home provides a comfortable and contemporary design, including a versatile third bedroom that can function as a TV room or home office.

Cons

High Monthly Association Fees: The substantial monthly association fee of $1,031 represents a significant ongoing cost of ownership, which may be a deterrent for some potential buyers.
Condominium Ownership Restrictions: As a condominium, the property is subject to HOA rules and regulations, which may impose limitations on exterior modifications or personal use of common areas compared to a single-family home.
Original Construction Age: Despite extensive remodeling, the property's original construction in 1985 means some underlying infrastructure is nearly 40 years old, potentially leading to future maintenance considerations.

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