38 Tennis Club Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath
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Rancho Mirage, California 92270
This Spacious Updated Condominium is a Strong Value Opportunity, listed at $599,000—positioned well below the $650,171 Fair Market Value by 7%. This valuation gap offers $51,171 in Instant Equity for buyers. Boasting the community's largest floorplan and a move-in ready Condition Rating of 3, the home features a Modern Granite Kitchen and serene Lake and Mountain Views. Residents enjoy premium gated amenities including five pools and tennis courts. This is an ideal acquisition for Owner-Occupants seeking a desert sanctuary or Vacation Home Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38 Tennis Club Drive Subject | $599,000* List Price | 3 | 3 | 2,320 | $280 | - |
A 62 Tennis Club Drive Sold | $535,000 | 3 | 2 | 1,920 | $279 | 0.3 mi |
B 65 Tennis Club Drive Sold | $550,000 | 3 | 3 | 2,079 | $265 | 0.2 mi |
C 70120 Frank Sinatra Drive Sold | $620,000 | 3 | 3 | 2,000 | $310 | 0.2 mi |
D 10 Calle Vega Sold | $555,000 | 3 | 3 | 2,284 | $243 | 0.5 mi |
E 89 Tennis Club Drive Active | $519,000 List Price | 3 | 2 | 1,920 | $270 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been extensively updated with new flooring, fresh paint, and a modern kitchen featuring granite countertops and stainless steel appliances. While the structure dates to 1981, the interior components and major systems like the HVAC have been recently replaced or well-maintained, showing minimal wear and tear.
Boasting the community's largest floorplan at over 2,300 square feet, this home features modern updates including new flooring, fresh paint, and a renovated kitchen with granite countertops and stainless steel appliances.
The property offers rare and serene views of the lake, waterfalls, and panoramic mountains from both the interior living spaces and multiple private patios, enhancing its resort-like feel.
Located in a gated enclave of only 95 homes, residents enjoy extensive facilities including five pools, five spas, tennis and pickleball courts, a fitness center, and a putting green.
The monthly HOA fee of $1,050 is substantial, which significantly increases the total monthly carrying cost and may impact the budget of some potential buyers.
Built in 1981, the property and its community infrastructure are over 40 years old, which may necessitate ongoing maintenance or lead to future capital improvement assessments.
Experience desert living at its best at 38 Tennis Club Drive, in the sought-after Rancho Mirage Racquet Club. Featuring the community's largest floorplan, boasting over 2,300 square feet, this rarely available, beautifully updated home offers three bedrooms and three full bathrooms, including two huge en-suites and a third bedroom with full bath downstairs. Throughout, enjoy serene views of the lake, waterfall, and surrounding mountains. Inside, soaring ceilings, fresh paint, and new flooring create a bright, inviting atmosphere. The living room boasts a gorgeous, tiled fireplace and stunning lake and waterfall views, while the modern kitchen offers stainless steel appliances, granite countertops, and a sunny breakfast room. Adjacent to the dining area, a wet bar with sink and cabinetry makes entertaining effortless. Panoramic mountain vistas can be seen from the front of the home and one of the two oversized en-suite bedrooms, while multiple patios provide ideal spots for relaxing or dining al fresco. An abundance of closet space is a welcome feature. A newer HVAC system ensures comfort year-round, and a private two-car garage plus driveway parking add convenience and security. Residents of this gated enclave of just 95 homes enjoy five pools, five spas, tennis and pickleball courts, a fitness center, clubhouse, putting green, and beautifully landscaped lakes, waterfalls, and streams. Perfectly situated near shopping, dining, golf, and hiking, this home is ideal as a full-time residence, vacation retreat, or investment opportunity. Schedule your private tour today and discover the exceptional lifestyle at 38 Tennis Club Drive!
No exterior & parking available.
Grades K-5 • 2.3 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 2,320 | 1,798 | 82% |
| Lot Size | - | 2,614 | 17% |
| Price | $599.0K | $574.0K | 55% |
| Price per sq ft | $258 | $324 | 12% |
| Built year | 1981 | 1979 | 64% |
| HOA | $1050.0 | $839 | 83% |
| Days on market | 44 | 153 | 4% |
Mar 10, 2026
$599,000
Initial Listing
Dec 7, 2020
$410,000
Public Record
May 31, 2005
$465,000
Public Record
Apr 28, 1999
$185,000
Public Record