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26 Princeton Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath

26 Princeton Drive, Rancho Mirage, California 92270 home-pic-0
ACTIVE$899,000
26 Princeton Drive, Rancho Mirage, California 92270
3Beds
3Baths
3,088Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($899,000) is $0 (0%) lower than the list price ($899,000). This property may be overpriced.

Key pros and cons

Top Pros:
Energy Efficiency & Modern Infrastructure: The property features a leased solar system for substantial energy savings, two newer HVAC systems, a tankless water heater, and a comprehensive water filtration system, ensuring comfort and reduced utility costs.
Top Cons:
Leased Solar System: While beneficial for energy savings, the solar system is leased, meaning the buyer will inherit a contractual obligation rather than owning the asset outright, which can be a point of negotiation or concern for some.

Compared to the nearby listings

Price:$899.0K vs avg $1.08M ($-181,000)33%
Size:3,088 sqft vs avg 2,903 sqft63%
Price/sqft:$291 vs avg $42010%

More Insights

Built in 1980 (45 years old).
Condition: Despite being built in 1980, this property has undergone extensive and high-quality renovations, bringing it to a virtually new condition. The description highlights a 'beautifully updated' and 'modern interior,' a 'chef's kitchen equipped with high-end stainless-steel appliances,' and 'thoughtfully renovated bathrooms with elegant, contemporary finishes.' Images confirm the bathrooms are indeed excellent with modern vanities, freestanding tubs, and glass showers. Key system upgrades include 'two newer HVAC systems' and a 'tankless water heater,' indicating significant investment in modern infrastructure. While some kitchen cabinetry retains a more traditional wood style, the overall functionality, appliances, and other updated elements, combined with the pristine condition of the rest of the home, justify an 'Excellent' rating. The property shows no deferred maintenance and minimal physical depreciation.
Year Built
1980
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$291
HOA
$1,826
Days on market
-
Sold On
-
MLS number
219136899DA
Home ConditionExcellent
Features
Good View: Mountain(s)
Spa
Patio
ViewMountain(s)

About this home

Enjoy the ultimate in luxury and efficiency with this beautifully updated Cypress Model, featuring a leased solar system that delivers substantial energy savings and eco-friendly living. This 3-bedroom, 3-bath home offers 3,088 sq. ft. of sophisticated space, with a freshly repainted, modern interior that feels bright and welcoming. The chef's kitchen is equipped with high-end stainless-steel appliances, abundant storage, and a spacious island that opens to the great room--perfect for entertaining. Each bathroom has been thoughtfully renovated with elegant, contemporary finishes. Additional upgrades include two newer HVAC systems, a tankless water heater, and a comprehensive water filtration system, ensuring comfort and convenience year-round. Step outside to your private patio oasis, ideal for relaxing or hosting gatherings, and unwind in your own jacuzzi after a day on the golf course. As a resident of The Springs Country Club, you'll enjoy resort-style amenities: multiple pools, a newly renovated clubhouse and gym, and courts for tennis and pickleball. This home offers the best of country club living--luxury, comfort, and energy efficiency thanks to its leased solar system.

Nearby schools

6/10
Rancho Mirage Elementary School
Public,•K-5•1.9mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•2.3mi
5/10
Rancho Mirage High
Public,•9-12•3.7mi
4/10
Desert Learning Academy
Public,•K-12•6.4mi
Condition Rating
Excellent
Despite being built in 1980, this property has undergone extensive and high-quality renovations, bringing it to a virtually new condition. The description highlights a 'beautifully updated' and 'modern interior,' a 'chef's kitchen equipped with high-end stainless-steel appliances,' and 'thoughtfully renovated bathrooms with elegant, contemporary finishes.' Images confirm the bathrooms are indeed excellent with modern vanities, freestanding tubs, and glass showers. Key system upgrades include 'two newer HVAC systems' and a 'tankless water heater,' indicating significant investment in modern infrastructure. While some kitchen cabinetry retains a more traditional wood style, the overall functionality, appliances, and other updated elements, combined with the pristine condition of the rest of the home, justify an 'Excellent' rating. The property shows no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Energy Efficiency & Modern Infrastructure: The property features a leased solar system for substantial energy savings, two newer HVAC systems, a tankless water heater, and a comprehensive water filtration system, ensuring comfort and reduced utility costs.
Luxurious & Updated Interior: Boasts a freshly repainted, modern interior with a chef's kitchen equipped with high-end stainless-steel appliances, abundant storage, and a spacious island, plus thoughtfully renovated bathrooms.
Exclusive Country Club Lifestyle: Located within The Springs Country Club, offering residents access to resort-style amenities including multiple pools, a newly renovated clubhouse, gym, tennis, and pickleball courts.
Private Outdoor Oasis: Includes a private patio with a jacuzzi, providing an ideal space for relaxation, entertaining, and enjoying the desert climate.
Desirable Location & Views: Situated in Rancho Mirage, a sought-after city, and features desirable mountain views, enhancing its appeal.

Cons

Leased Solar System: While beneficial for energy savings, the solar system is leased, meaning the buyer will inherit a contractual obligation rather than owning the asset outright, which can be a point of negotiation or concern for some.
High Monthly Association Fees: The substantial monthly association fee of $1,826 significantly adds to the cost of homeownership and may deter budget-conscious buyers.
Original Construction Year: Despite extensive modern updates, the property's original construction year of 1980 might raise concerns for some buyers regarding underlying infrastructure or a preference for newer builds, even with significant renovations.

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