38 Malaga Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 2 bath
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Rancho Mirage, California 92270
This Stunning Move-In Ready Condominium is a Strong Value Opportunity, listed at $499,000—positioned well below the $552,602 Fair Market Value by 9%. This valuation gap offers $53,602 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home boasts a modern open-concept kitchen, handicap-accessible bathrooms, and panoramic greenbelt views. Located in the Palm Springs Unified district, this property is an ideal acquisition for Owner-Occupants or seasonal residents seeking a turnkey, high-end retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38 Malaga Drive Subject | $499,000* List Price | 3 | 2 | 1,650 | $335 | - |
A 20 Malaga Sold | $570,000 | 3 | 2 | 1,678 | $340 | 0.1 mi |
B 17 La Cerra Circle Sold | $389,960 | 3 | 2 | 1,581 | $247 | 0.6 mi |
C 31 Malaga Drive Sold | $450,000 | 2 | 2 | 1,320 | $341 | 0.0 mi |
D 5 La Ronda Drive Sold | $599,000 | 2 | 2 | 1,650 | $363 | 0.6 mi |
E 72355 Rodeo Way Sold | $545,000 | 3 | 2 | 1,670 | $326 | 0.8 mi |
F 89 La Ronda Drive Sold | $565,000 | 2 | 2 | 1,681 | $336 | 0.2 mi |
G 31 Majorca Active | $570,000 List Price | 3 | 2 | 1,678 | $340 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a recent comprehensive renovation (under 5 years), featuring a modern open-concept kitchen with quartz countertops and stainless appliances, fully redesigned handicap-accessible bathrooms, and new flooring throughout. Systems are updated with new LED lighting, plugs, switches, and all-new windows and sliding doors, presenting the home in mint, move-in-ready condition.
This property has been comprehensively updated with a redesigned open-concept kitchen, handicap-accessible bathrooms, new flooring, LED lighting, and energy-efficient windows, offering a completely move-in-ready experience.
The sale includes high-quality new furnishings, smart Samsung TVs, and a handcrafted Persian rug, making it an ideal immediate primary residence or a high-end seasonal rental.
Situated in the Sunrise Country Club, the home is set back from the course to provide panoramic mountain and greenbelt views while ensuring privacy and safety from errant golf balls.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1900, other record lot size in square feet = 1742. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1650, other record living area = 1581. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The association fee of $771.78 per month represents a significant recurring carrying cost that may impact the debt-to-income ratio for some buyers.
While the interior is beautifully renovated, the 1975 construction year suggests that underlying infrastructure and common area elements may reflect the standards of an older development.
Welcome to your personal retreat, where vibrant greenery creates a peaceful haven away from daily distractions. Set well back from the golf course, you'll enjoy quiet moments without concern for errant golf balls. Perfect for dog lovers, this sanctuary offers a secure, welcoming environment for pets to roam freely.This stunning home showcases modern features and upscale finishes throughout. The kitchen boasts an open layout with the entry wall removed, complemented by new solid wood soft close cabinetry, quartz counters, and stainless-steel appliances with a sleek sink and faucet. Both bathrooms have been fully redesigned for handicap accessibility, ensuring ease and comfort.The living areas now feature beautiful new flooring, enhancing the home's fresh, contemporary feel. The home also includes brand-new LED ceiling lights and fans, updated plugs and switches, and new toilets. Sunlight streams through all-new dual glazed windows and a sliding glass door, with crisp new paint in some areas.Bedrooms include a new set and sofa bed, while the living room shines with new furnishings, lighting, and a handcrafted Persian rug. Entertainment is effortless with three smart Samsung TVs and a stylish dining set. The backyard is perfect for hosting, complete with a new outdoor dining set, BBQ, and lush new plants. The entryway is thoughtfully styled with a mirror and console table, and the garage has been fully renovated with a newer laundry sink, washer, and dryer and the garage has been finished with new paint and flooring,This home blends elegance, comfort, and practicality--offering a serene, move-in-ready retreat in every sense.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 3.9 mi
Grades 9-12 • 5.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,650 | 1,756 | 40% |
| Lot Size | 1,900 | 2,178 | 46% |
| Price | $499.0K | $570.0K | 33% |
| Price per sq ft | $302 | $324 | 39% |
| Built year | 1975 | 1979 | 34% |
| HOA | $771.78 | $830 | 41% |
| Days on market | 13 | 152 | 1% |
May 24, 2026
$499,000
Initial Listing
Aug 3, 2020
$260,000
Public Record
Sep 15, 2017
$224,000
Public Record
Nov 16, 2001
$155,000
Public Record
Jan 25, 1995
$128,000
Public Record