29 Topaz Court, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 5 bath
29 Topaz Court
Rancho Mirage, California 92270
Property Price
SUMMARY
Analysis of 29 Topaz Court, Rancho Mirage, California 92270 reveals a Prime Investment Opportunity with a current list price of $2,800,000—significantly undercutting the $2,918,335 Fair Market Value by 4%. This valuation gap indicates a +$118,335 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Rancho Mirage Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29 Topaz Court Subject | $2,800,000* List Price | 4 | 5 | 3,717 | $785 | - |
A 6 Garnet Court Sold | $3,150,000 | 5 | 6 | 3,900 | $808 | 0.0 mi |
B 17 Emerald Court Sold | $2,275,000 | 3 | 4 | 4,088 | $557 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2015, this property falls within the 10-year window for excellent condition and features high-end contemporary architecture. The gourmet kitchen is equipped with premium Wolf and Sub-Zero appliances and modern cabinetry. Significant recent upgrades include newly installed variable-speed AC systems and 50 owned solar panels. The interior and exterior, including the zero-edge pool and infinity spa, show no signs of deferred maintenance and reflect current luxury design standards.
PROSSTRENGTHS & OPPORTUNITIES
- Elite Outdoor Oasis
The backyard features a zero-edge pool and infinity spa set against panoramic mountain views, complemented by a misting system and motorized shades for ultimate desert comfort.
- Superior Energy Efficiency
Equipped with 50 owned solar panels and newly installed variable-speed AC systems, the home offers significant utility savings and modern infrastructure for the desert climate.
- Designer Gourmet Kitchen
A chef’s dream featuring top-tier Wolf and Sub-Zero appliances, sleek custom cabinetry, and an oversized island perfect for high-end entertaining and daily luxury.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3717, other record living area = 3499.
- Premium Price Point
The list price of $2.8 million represents a high price-per-square-foot for the area, which may limit the pool of value-driven buyers.
- Recurring Association Fees
A monthly HOA fee of $450 adds to the property's fixed carrying costs, which may be a consideration for buyers comparing against non-gated luxury options.
About 29 Topaz Court
Welcome to 29 Topaz Ct - a home that is nothing short of stunning. Located within the highly coveted Revelle at Clancy Lane community, this exceptional 4 bedroom, 4.5 bathroom home is thoughtfully designed with clean architectural lines and an abundance of natural light, seamlessly blending modern sophistication with effortless indoor-outdoor living.The gourmet kitchen is outfitted with premium Wolf and Sub-Zero appliances, sleek cabinetry, and an oversized island --perfect for both daily living and elevated entertaining. Expansive sliders and oversized windows flood the interiors with natural light while framing sophisticated desert landscaping and breathtaking panoramic mountain views.Sustainability meets luxury with 50 owned solar panels, newly installed variable-speed AC systems, and a whole-home water softening system, delivering outstanding energy efficiency and modern comfort. Designed for year-round enjoyment, the backyard is a private oasis with a sparkling zero edge pool and infinity spa set against dramatic mountain vistas. Automatic motorized outdoor shades and an integrated misting system provide comfort on warm desert days, allowing you to fully embrace the indoor-outdoor lifestyle.Take advantage of this rare opportunity to own a contemporary showpiece in one of the desert's most prestigious enclaves.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2015
- Lot Size
- 14,810 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $450.0 / Month
Neighborhood Insights
Rancho Mirage Unified Schools
James Earl Carter Elementary School
Grades K-5 • 1.2 mi
Palm Desert High School
Grades 9-12 • 2.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 5.0 | 3.0 | 75% |
| Square foot | 3,717 | 2,771 | 75% |
| Lot Size | 14,810 | 10,454 | 75% |
| Price | $2.80M | $1.10M | 88% |
| Price per sq ft | $753 | $433 | 89% |
| Built year | 2015 | 1999 | 77% |
| HOA | $450.0 | $445 | 58% |
| Days on market | 5 | 155 | 0% |
Pricing History
Listed for Sale
Mar 2, 2026
$2,800,000
Initial Listing
Sold
Mar 16, 2016
$1,355,000
Public Record