27 Ambassador Circle, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 5 bed, 6 bath

27 Ambassador Circle, Rancho Mirage, California 92270 home-pic-0
ACTIVE$2,795,000
27 Ambassador Circle, Rancho Mirage, California 92270
5Beds
6Baths
5,321Sqft
19,602Lot

Price Vs. Estimate

The estimated value ($2,274,671.09) is $520,328.91 (18%) lower than the list price ($2,795,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Community: Located in the exclusive gated community of Artisan in Rancho Mirage, offering convenient access to premier country clubs and a luxurious lifestyle.
Top Cons:
Aggressive Pricing: The current listing price is 18% above the estimated property value, potentially deterring buyers and limiting market appeal.

Compared to the nearby listings

Price:$2.79M vs avg $1.09M (+$1,705,000)91%
Size:5,321 sqft vs avg 2,903 sqft96%
Price/sqft:$525 vs avg $42278%

More Insights

Built in 2006 (19 years old).
Condition: Built in 2006, this semi-custom contemporary home, though 18 years old, presents in virtually new condition with high-end finishes and a timeless modern aesthetic. The kitchen features dark wood cabinetry, stainless steel appliances (including double ovens), and a large island, all appearing pristine and functional. Bathrooms are equally well-appointed with matching dark wood vanities, modern fixtures, and glass-enclosed showers. The property boasts extensive tile flooring in main areas, well-maintained carpets in bedrooms, contemporary light fixtures, and a significant upgrade of 80 seller-owned solar panels, ensuring energy efficiency. There are no visible signs of deferred maintenance or physical depreciation, aligning with current quality standards for a luxury home.
Year Built
2006
Close
-
List price
$2.79M
Original List price
$2.79M
Price/Sqft
$525
HOA
$325
Days on market
-
Sold On
-
MLS number
25540899PS
Home ConditionExcellent
Features
Excellent View: Desert, Mountain(s)
Pool
Spa
Patio
ViewDesert, Mountain(s)

About this home

Located in the exclusive gated community of Artisan, this semi-custom contemporary home by renowned builder Ministrelli offers luxury, comfort, and style. Featuring an open-concept floor plan with 5 spacious bedrooms and 5.5 bathrooms, including a beautifully appointed attached guest house perfect for hosting visitors or extended stays. Designed to impress, this light and bright residence is filled with high-end finishes and thoughtful architectural details. The south-facing orientation ensures abundant natural light throughout the day. Enjoy energy efficiency with seller owned solar panels (approx 80 panels) and relax in a home that blends modern living with elegant design. Low HOA dues of $325 mo.. Conveniently located just a golf cart ride away from several premier country clubs, this home is perfect for those who appreciate lifestyle, luxury, and location. Furnished per Inventory

Nearby schools

6/10
Rancho Mirage Elementary School
Public,K-52.9mi
3/10
Nellie N. Coffman Middle School
Public,6-82.0mi
5/10
Rancho Mirage High
Public,9-122.8mi
4/10
Desert Learning Academy
Public,K-126.3mi
Condition Rating
Excellent

Built in 2006, this semi-custom contemporary home, though 18 years old, presents in virtually new condition with high-end finishes and a timeless modern aesthetic. The kitchen features dark wood cabinetry, stainless steel appliances (including double ovens), and a large island, all appearing pristine and functional. Bathrooms are equally well-appointed with matching dark wood vanities, modern fixtures, and glass-enclosed showers. The property boasts extensive tile flooring in main areas, well-maintained carpets in bedrooms, contemporary light fixtures, and a significant upgrade of 80 seller-owned solar panels, ensuring energy efficiency. There are no visible signs of deferred maintenance or physical depreciation, aligning with current quality standards for a luxury home.
Pros & Cons

Pros

Prime Location & Community: Located in the exclusive gated community of Artisan in Rancho Mirage, offering convenient access to premier country clubs and a luxurious lifestyle.
High-End Construction & Design: A semi-custom contemporary home by renowned builder Ministrelli, featuring high-end finishes and thoughtful architectural details.
Generous Living Space & Guest Suite: An open-concept floor plan with 5 spacious bedrooms, 5.5 bathrooms, and a dedicated attached guest house for versatility.
Energy Efficiency: Equipped with approximately 80 seller-owned solar panels, contributing to significant energy savings and environmental sustainability.
Abundant Natural Light & Views: South-facing orientation ensures ample natural light throughout the day, complemented by desirable desert and mountain views.

Cons

Aggressive Pricing: The current listing price is 18% above the estimated property value, potentially deterring buyers and limiting market appeal.
Market Value Discrepancy: Recent comparable sales within the same subdivision indicate a lower market value, suggesting the property may be overvalued relative to its immediate competition.
Extended Market Time Risk: The current pricing strategy could lead to longer days on market, potentially requiring future price adjustments to align with buyer expectations.

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