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24 Racquet Club Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath

24 Racquet Club Drive, Rancho Mirage, California 92270 home-pic-0
ACTIVE$699,000
24 Racquet Club Drive, Rancho Mirage, California 92270
3Beds
3Baths
2,149Sqft
8,276Lot

Price Vs. Estimate

The estimated value ($660,564.75) is $38,435.25 (5%) lower than the list price ($699,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Lakefront & Panoramic Views: The property offers direct lakefront access with spectacular panoramic views of the lake, fountain, and mountains from key living areas and expansive outdoor spaces.
Top Cons:
Significant Monthly Association Fees: The $642.0 monthly association fee is a notable ongoing expense that potential buyers must factor into their budget.

Compared to the nearby listings

Price:$699.0K vs avg $1.08M ($-381,000)12%
Size:2,149 sqft vs avg 2,895.5 sqft21%
Price/sqft:$325 vs avg $42021%

More Insights

Built in 2001 (24 years old).
Condition: The property was built in 2001, making it 23 years old. While well-maintained, the kitchen features granite countertops, dark wood cabinets, and black appliances, which are functional but reflect an outdated style from its construction era. Similarly, the bathrooms have marble countertops and matching dark wood vanities. The flooring is a mix of tile and patterned carpet. These elements indicate that while the home is in good condition, it has not undergone a major renovation within the last 15 years to update its aesthetics to current standards, aligning it with the 'fair' category.
Year Built
2001
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$325
HOA
$642
Days on market
-
Sold On
-
MLS number
219136322DA
Home ConditionFair
Features
Excellent View: Park/Greenbelt, Lake, Mountain(s), Panoramic
Patio
ViewPark/Greenbelt, Lake, Mountain(s), Panoramic

About this home

Lakefront with Spectacular Views, Great Curb Appeal, Popular Open Floor Plan and located near Mission Hills Country Club Sports Clubhouse with Tennis/Pickleball Membership Included. Enter through Gated Courtyard with outdoor living and mountain views. Entry Hall leads to Open Great Room with fireplace Kitchen and Dining area all with great views of the lake and fountain. Social Kitchen features granite counters and island with counter seating. Dining area and Entertainer's Bar overlook the lake views. Primary Suite has Retreat area overlooking the lake and Primary Bath featuring dual vanities with marble countertops, shower and a soaking tub. Extra large Primary Closet has custom built-ins. Guest Suite is like a casita with a slider to the courtyard terrace, an ensuite bath and walk-in closet. Second Guest Bedroom and bath nearby give room for friends and family or an office. Outside are expansive lakefront terraces for dining and living and courtyard with mountain views. Mission Hills Country Club Sports Membership included in HOA (tennis, pickle ball, croquet, gym, social). Great value at this price - come home to your lakeside desert retreat!

Nearby schools

6/10
Sunny Sands Elementary School
Public,•K-5•2.4mi
6/10
Rancho Mirage Elementary School
Public,•K-5•3.9mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•1.3mi
6/10
Cathedral City High School
Public,•9-12•1.5mi
5/10
Rancho Mirage High
Public,•9-12•1.7mi
4/10
Desert Learning Academy
Public,•K-12•5.5mi
Condition Rating
Fair
The property was built in 2001, making it 23 years old. While well-maintained, the kitchen features granite countertops, dark wood cabinets, and black appliances, which are functional but reflect an outdated style from its construction era. Similarly, the bathrooms have marble countertops and matching dark wood vanities. The flooring is a mix of tile and patterned carpet. These elements indicate that while the home is in good condition, it has not undergone a major renovation within the last 15 years to update its aesthetics to current standards, aligning it with the 'fair' category.
Pros & Cons

Pros

Exceptional Lakefront & Panoramic Views: The property offers direct lakefront access with spectacular panoramic views of the lake, fountain, and mountains from key living areas and expansive outdoor spaces.
Exclusive Country Club Membership: A valuable Mission Hills Country Club Sports Membership (tennis, pickleball, croquet, gym, social) is included in the HOA, significantly enhancing the lifestyle and amenities available to residents.
Desirable Open Concept & Outdoor Living: Features a popular open floor plan with a great room, kitchen, and dining area, complemented by expansive lakefront terraces and a private gated courtyard for versatile outdoor entertaining.
Luxurious Primary & Private Guest Suites: Boasts a well-appointed primary suite with a retreat area, spa-like bath (dual vanities, soaking tub), and custom closet, alongside a private, casita-like guest suite with its own courtyard access and ensuite.
Modern Kitchen & Entertainment Ready: Equipped with a social kitchen featuring granite counters and an island with seating, plus an entertainer's bar, all strategically designed for hosting and enjoying the scenic lake views.

Cons

Significant Monthly Association Fees: The $642.0 monthly association fee is a notable ongoing expense that potential buyers must factor into their budget.
Property Age (2001 Build): While well-maintained, the 2001 construction date means the property is over two decades old, which may imply certain systems or aesthetics could require future updates compared to newer constructions.
Automated Valuation Discrepancy: The listing price is 4% higher than the automated property estimation, which could be a point of negotiation or require strong justification of value based on its unique features and market demand.

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