
Rancho Mirage, California 92270
This High-Potential Investment Opportunity is listed at a List Price of $495,000, positioned well below the $509,982 Fair Market Value by 2%. This valuation gap provides $14,982 in Instant Equity. Featuring a Condition Rating of 3, the home includes significant mechanical upgrades like a 2025 HVAC system and a versatile four-bedroom layout. With no shared walls and private desert landscaping, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready, low-maintenance desert residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34090 Denise Way Subject | $495,000* List Price | 4 | 2 | 1,516 | $336 | - |
A 118 Shoreline Drive Active | $599,999 List Price | 2 | 2 | 1,541 | $389 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1983, the property features significant recent capital improvements including a brand-new 2025 central HVAC system, a new dishwasher, and a mini-split system. The description of 'modern upgrades' and well-maintained desert landscaping suggests a move-in ready condition that exceeds the 'Fair' criteria for its age group.
The property features a brand-new central A/C unit installed in 2025 and a dedicated mini-split system in the bonus room, ensuring optimal energy efficiency and comfort in the desert heat.
Unique for a resort community, this home has no shared walls and sits on its own lot with a private, irrigated desert landscape featuring mature grapefruit, lemon, tangerine, and avocado trees.
With a flexible layout including a large bonus room and a four-bedroom designation by the County Assessor, the home is ideal for a home office, guest suite, or multi-generational living.
The monthly association fee of $403 adds a significant fixed cost to the ownership budget, which may be a deterrent for buyers seeking a traditional single-family residence without oversight.
Built in 1983, the property may require additional cosmetic updates or renovations beyond the recent mechanical upgrades to meet the contemporary luxury standards expected in Rancho Mirage.
Elegant Rancho Mirage Retreat with Modern Upgrades & Desert Charm Welcome to a beautiful desert oasis in the highly desirable Rancho Mirage Resort community. This condominium offers the privacy of no shared walls, set on its own lot with a low-maintenance desert landscape and an array of fruit-bearing trees, including grapefruit, lemon, tangerine, and a young avocado tree, each thoughtfully irrigated with its own timed sprinkler. Featuring brand-new central a/c central air unit (2025) for year-round comfort, Mini-split air and heating system in the back bonus room, New dishwasher (2025). This versatile layout offers three bedrooms plus a spacious bonus room, perfect for a home office, guest suite, or mother-in-law quarters — and is noted by the County Assessor as a four-bedroom home (buyer to verify). Enjoy the best of indoor comfort and outdoor serenity in this easy-to-maintain Rancho Mirage gem, a rare find on its own lot. All information provided is believed to be reliable, but accuracy is not guaranteed. Buyer to independently verify all details.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 2.0 | 3.0 | 19% |
| Square foot | 1,516 | 2,742 | 3% |
| Lot Size | 4,356 | 10,019 | 3% |
| Price | $495.0K | $1.20M | 1% |
| Price per sq ft | $327 | $442 | 13% |
| Built year | 1983 | 2000 | 29% |
| HOA | $403.0 | $462 | 39% |
| Days on market | 0 | 154 | 0% |
May 11, 2026
$495,000
Initial Listing
May 4, 2020
$255,000
Public Record
Jul 29, 1996
$77,000
Public Record
Aug 9, 1994
$87,500
Public Record