344 Forest Hills Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 2 bed, 2 bath
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Rancho Mirage, California 92270
This Desirable Mission Hills Condo represents a strategic Value-Add Opportunity listed at $375,000, following a substantial price reduction. Currently priced with stability relative to its $359,524 Fair Market Value, the property offers clear appreciation upside for buyers willing to modernize its Condition Rating of 4 interior. The residence features vaulted beamed ceilings, mountain views, and a southwest-facing patio within the prestigious Mission Hills Country Club. Located near Cathedral City High School, this home is perfectly suited for Owner-Occupants seeking customization or Buy-and-Hold Investors targeting long-term desert assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 344 Forest Hills Drive Subject | $339,000* List Price | 2 | 2 | 1,535 | $219 | - |
A 341 Forest Hills Drive Sold | $375,000 | 2 | 2 | 1,535 | $244 | 0.0 mi |
B 535 Desert West Drive Sold | $406,000 | 2 | 2 | 1,984 | $205 | 0.9 mi |
C 407 Forest Hills Drive Rancho Mirage Active | $348,000 List Price | 2 | 2 | 1,480 | $235 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and functional but shows significant signs of age consistent with its 1980 construction. The kitchen is outdated, featuring older white appliances with electric coil burners, dated wallpaper, and basic cabinetry. While the vaulted beamed ceilings and open layout are desirable, the flooring, light fixtures, and overall interior styling require cosmetic updates to meet modern standards.
The single-story residence features vaulted beamed ceilings and a split-bedroom floor plan, providing an airy, spacious feel with maximum privacy for both en-suite bedrooms.
Situated within the prestigious Mission Hills Country Club, the property offers stunning mountain and greenbelt views and is steps away from world-class tennis, pickleball, and fitness facilities.
With a private gated front courtyard and a southwest-facing rear patio, the home maximizes outdoor living space and natural light, perfect for enjoying the Rancho Mirage climate.
The monthly HOA fee of $756 represents a significant recurring carrying cost that may impact the overall affordability for budget-conscious buyers.
Built in 1980, the condo may require modern cosmetic updates or system overhauls to compete with newer or fully renovated luxury units in the area.
Mission Hills 2/2 condo
No exterior & parking available.
Grades K-5 • 2.3 mi
Grades K-5 • 4.1 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,535 | 1,830.5 |
| Lot Size | 2,614 | 3,049 |
| Price | $339.0K | $560.4K |
| Price per sq ft | $221 | $322 |
| Built year | 1980 | 1977 |
| HOA | $756.0 | $860 |
| Days on market | 252 | 73 |
Jun 6, 2026
$339,000
$365,000
-7% Price Drop
Initial Listing
Apr 23, 2026
$365,000
$375,000
-3% Price Drop
Initial Listing
Mar 21, 2026
$375,000
$399,000
-6% Price Drop
Initial Listing
Jan 16, 2026
$399,000
$420,000
-5% Price Drop
Initial Listing
Nov 12, 2025
$420,000
Initial Listing
Sep 15, 2005
$45,000
Public Record