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28 Clancy Lane Lane S, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 5 bed, 5 bath

28 Clancy Lane Lane S, Rancho Mirage, California 92270 home-pic-0
ACTIVE$2,650,000
28 Clancy Lane Lane S, Rancho Mirage, California 92270
5Beds
5Baths
4,479Sqft
23,522Lot

Price Vs. Estimate

The estimated value ($1,845,725.575) is $804,274.425 (30%) lower than the list price ($2,650,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23522, living area = 4479.
Top Cons:
Significant Overpricing: The listing price is 30% above the estimated market value, potentially making it less competitive compared to similar properties.

Compared to the nearby listings

Price:$2.65M vs avg $1.09M (+$1,560,000)89%
Size:4,479 sqft vs avg 2,903 sqft89%
Price/sqft:$592 vs avg $42283%

More Insights

Built in 1997 (28 years old).
Condition: Built in 1997, this custom home is well-maintained and features high-end finishes and appliances, including a Wolf range in the kitchen. The kitchen boasts a contemporary design with mixed cabinetry and solid surface countertops. Bathrooms appear updated with modern fixtures and finishes. While the overall aesthetic is luxurious and move-in ready, some elements like the main living area flooring style and certain architectural details reflect its late 90s/early 2000s construction, preventing an 'Excellent' rating which typically implies a very recent, full renovation to current trends.
Year Built
1997
Close
-
List price
$2.65M
Original List price
$2.65M
Price/Sqft
$592
HOA
$385
Days on market
-
Sold On
-
MLS number
219127635DA
Home ConditionGood
Features
Excellent View: Mountain(s), Pool, Trees/Woods
Pool
Spa
Patio
ViewMountain(s), Pool, Trees/Woods

About this home

Located in the prestigious Clancy Lane Estates in the heart of Rancho Mirage, this exceptional custom home offers luxury living at its finest. Nestled in the coveted Clancy Lane Estates, this stunning custom property offers the perfect blend of luxury, comfort, and privacy. With breathtaking mountain views, an expansive lot, and a large pool featuring tranquil waterfalls and sun tanning shelves, this home is the ultimate desert retreat. The spacious floor plan includes 3 bedrooms, 4 bathrooms, plus a dedicated office in the main house, providing ample space for both relaxation and productivity. For added versatility, a separate guest house with its own private bathroom offers a perfect retreat for visitors or extended family.The front courtyard is a true entertainer's dream, featuring a gourmet outdoor kitchen complete with Wolf appliances and a striking custom water feature. Whether you're hosting a gathering or enjoying a quiet evening, this space is designed for ultimate relaxation and enjoyment.This exceptional property is an ideal place to call home while experiencing all the beauty and tranquility the desert has to offer. Call today to schedule your private showing.

Nearby schools

8/10
James Earl Carter Elementary School
Public,•K-5•1.6mi
7/10
Palm Desert High School
Public,•9-12•2.6mi
Condition Rating
Good
Built in 1997, this custom home is well-maintained and features high-end finishes and appliances, including a Wolf range in the kitchen. The kitchen boasts a contemporary design with mixed cabinetry and solid surface countertops. Bathrooms appear updated with modern fixtures and finishes. While the overall aesthetic is luxurious and move-in ready, some elements like the main living area flooring style and certain architectural details reflect its late 90s/early 2000s construction, preventing an 'Excellent' rating which typically implies a very recent, full renovation to current trends.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23522, living area = 4479.
Prestigious Location: Situated in the highly sought-after Clancy Lane Estates, known for luxury living and privacy in Rancho Mirage.
Breathtaking Mountain Views: Offers stunning, unobstructed mountain views, enhancing the property's aesthetic appeal and value.
Resort-Style Outdoor Amenities: Features an expansive lot with a large pool, tranquil waterfalls, sun tanning shelves, and a gourmet outdoor kitchen with Wolf appliances in a private courtyard, ideal for entertaining.
Versatile Guest Accommodations: Includes a separate guest house with its own private bathroom, providing privacy and flexibility for visitors or extended family.
Custom Home Quality: Described as an 'exceptional custom home' offering a blend of luxury, comfort, and privacy, indicating high-end construction and thoughtful design.

Cons

Significant Overpricing: The listing price is 30% above the estimated market value, potentially making it less competitive compared to similar properties.
Aging Construction: Built in 1997, the property is older than some comparable luxury homes in the area, which might imply a need for future updates or maintenance to meet contemporary standards.
Recurring Association Fees: A monthly association fee of $385 adds a continuous cost to homeownership, which could be a consideration for potential buyers.

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