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23 Park Lane, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 5 bath

23 Park Lane, Rancho Mirage, California 92270 home-pic-0

Price Vs. Estimate

The estimated value ($2,442,501.695) is $92,501.695 (3%) higher than the list price ($2,350,000). This property may be underpriced.

Key pros and cons

Top Pros:
Extensive Recent Renovations: Thoughtful renovations completed in 2020, including a fully renovated chef's kitchen, transformed primary suite, and updated en-suite bedrooms, ensuring modern comfort and luxury throughout the home.
Top Cons:
High Monthly Association Fees: The property carries a significant monthly association fee of $1,450, which could be a considerable ongoing cost for potential buyers and should be factored into the budget.

Compared to the nearby listings

Price:$2.35M vs avg $1.06M (+$1,285,000)85%
Size:3,572 sqft vs avg 2,886 sqft74%
Price/sqft:$658 vs avg $41885%

More Insights

Built in 1985 (41 years old).
Condition: This property, built in 1985, has undergone extensive and thoughtful renovations in 2020, placing it firmly within the 'extensively renovated within 5 years' criteria for an excellent score. The kitchen is a 'fully renovated chef's kitchen' with modern white high-gloss cabinetry, light countertops, and high-end stainless steel appliances, all appearing virtually new. The primary suite and at least two other en-suite bathrooms have been completely transformed with sleek, modern finishes, new vanities, contemporary tiling, and updated fixtures. Major systems like A/C units (replaced within 8 years) and a tankless hot water system are also updated. While one bathroom (images 50-51) appears to have an older aesthetic, the overall quality, style, and condition of the most critical areas (kitchen and primary bath) are exceptional, reflecting current quality standards with minimal physical depreciation.
Year Built
1985
Close
-
List price
$2.35M
Original List price
$2.35M
Price/Sqft
$658
HOA
$1,450
Days on market
-
Sold On
-
MLS number
219140644DA
Home ConditionExcellent
Features
Excellent View: Lake, Mountain(s), Pool
Pool
Spa
Patio
ViewLake, Mountain(s), Pool

About this home

Discover this beautifully updated 4-bedroom, 4.5-bath home in the highly desirable Morningside community of Rancho Mirage. With thoughtful renovations completed in 2020, this residence seamlessly blends modern comfort with elegant desert living. Step inside to a bright and expansive living space, where vaulted ceilings and full-length skylights flood the home with natural light. The open floor plan is designed for effortless indoor-outdoor living, with breathtaking western views of the pool, spa, lagoon with rock waterfall, mountains, and iconic palm trees. The fully renovated chef's kitchen, along with a complete transformation of the primary suite--now reconfigured and redesigned for luxury and functionality. A 4th en-suite bedroom and powder room were also added, while the third bedroom en-suite received a sleek, modern update. Major systems have been refreshed as well, including A/C units replaced in the past 8 years and a tankless hot water system. Outdoors, you'll find multiple spaces to relax or entertain, all set against a stunning desert backdrop. Whether you're hosting guests or enjoying a quiet evening, this home delivers the best of resort-style living. Located in the heart of Morningside--a private, guard-gated community of 363 homes centered around a Jack Nicklaus Signature golf course--residents enjoy beautifully maintained grounds, 7 community pools and spas, and a lifestyle of comfort and exclusivity. This is the one you've been waiting for.

K
Kymberly Dias
Listing Agent

Nearby schools

6/10
Rancho Mirage Elementary School
Public,•K-5•2.0mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•2.2mi
5/10
Rancho Mirage High
Public,•9-12•3.6mi
4/10
Desert Learning Academy
Public,•K-12•6.3mi

Price History

Date
Event
Price
05/05/98
Sold
$710,000
04/25/22
Sold
$2,300,000
Condition Rating
Excellent
This property, built in 1985, has undergone extensive and thoughtful renovations in 2020, placing it firmly within the 'extensively renovated within 5 years' criteria for an excellent score. The kitchen is a 'fully renovated chef's kitchen' with modern white high-gloss cabinetry, light countertops, and high-end stainless steel appliances, all appearing virtually new. The primary suite and at least two other en-suite bathrooms have been completely transformed with sleek, modern finishes, new vanities, contemporary tiling, and updated fixtures. Major systems like A/C units (replaced within 8 years) and a tankless hot water system are also updated. While one bathroom (images 50-51) appears to have an older aesthetic, the overall quality, style, and condition of the most critical areas (kitchen and primary bath) are exceptional, reflecting current quality standards with minimal physical depreciation.
Pros & Cons

Pros

Cons

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