34017 Emily Way, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 2 bath
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Rancho Mirage, California 92270
This property presents a Strong Value Opportunity with a List Price of $265,000—positioned well below the $285,004 Fair Market Value by 7%. This valuation gap offers $20,004 in Instant Equity for buyers. With a Condition Rating of 5, the home requires significant modernization, yet features a functional floor plan with a main-level bedroom and a two-car garage. Located in a resort-style community with pools and courts, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34017 Emily Way Subject | $265,000* List Price | 3 | 2 | 1,218 | $234 | - |
A 69746 Encanto Court Sold | $295,000 | 3 | 2 | 1,128 | $262 | 0.8 mi |
B 69707 Campana Court Active | $325,000 List Price | 3 | 2 | 1,350 | $241 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1983 (41 years old) with no mention of recent renovations. The listing explicitly states the home needs 'tender loving care' and offers 'potential for customization,' which, combined with the age, indicates the property requires significant rehab to update dated systems, kitchen, and baths.
The property is situated within the Rancho Mirage Resort, offering residents access to premium facilities including two pools, spas, pickleball, tennis, and basketball courts.
This three-bedroom unit features a desirable main-level bedroom and a rare two-car garage, providing a level of convenience and storage often missing in standard condominiums.
Priced competitively for the prestigious Rancho Mirage area, this 'fixer-upper' presents a significant opportunity for investors or homeowners to build equity through custom renovations.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1218, other record lot size in square feet = 1306.
The listing explicitly notes the home requires 'tender loving care,' indicating that immediate additional investment is necessary to address its current condition.
Built in 1983, the property likely requires modernization of its core systems and aesthetic finishes to meet the expectations of contemporary buyers.
Opportunity awaits with this two-story, three-bedroom condo located in Rancho Mirage Resort. The home is ready for some tender loving care and offers excellent potential for a buyer looking to customize and make it their own.One bedroom is conveniently located on the main level, with two additional bedrooms upstairs. The upstairs bedrooms provide access to a private balcony. Additional features include a two-car garage, a private rear patio and an open front patio.Community amenities include two pools and spas, pickleball courts, tennis courts, a basketball court and community barbecue areas. HOA dues include maintenance of the grounds, sewer and trash service, and pets are permitted. Conveniently located near shopping, dining and entertainment, with easy access to Palm Springs, Palm Desert and Cathedral City.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 4.4 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,218 | 1,830.5 |
| Lot Size | 1,218 | 3,049 |
| Price | $265.0K | $560.4K |
| Price per sq ft | $218 | $322 |
| Built year | 1983 | 1977 |
| HOA | $404.0 | $860 |
| Days on market | 26 | 73 |
Jun 26, 2026
$265,000
Initial Listing
Apr 1, 2014
$133,000
Public Record