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4 Loch Ness Lake Court, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath

4 Loch Ness Lake Court, Rancho Mirage, California 92270 home-pic-0
ACTIVE$699,900
4 Loch Ness Lake Court, Rancho Mirage, California 92270
3Beds
3Baths
2,102Sqft
6,534Lot
Year Built
2004
Close
-
List price
$700K
Original List price
$729K
Price/Sqft
$333
HOA
$380
Days on market
-
Sold On
-
MLS number
219125281PS
Home ConditionGood
Features
Good View: Lake, Peek-A-Boo
Patio
ViewLake, Peek-A-Boo

About this home

Possibly Over-Priced:The estimated price is 13% below the list price. We found 3 Cons,5 Pros. Rank: price - $699.9K(12th), sqft - 2102(19th), beds - 3(50th), baths - 3(50th).

Amazing value in this Mission Shores home now available at an unbeatable price with owned solar. You will enter through the custom iron gate to the front courtyard where you access the casita. This is an open concept home with 3 bedrooms including an attached casita, 3 bathrooms, a dining room or flex space, a bar, an office, living and informal dining areas, large kitchen island great for entertaining, front courtyard, attached two car garage with direct entrance, back patio with peek-a-boo views of the lake from the back yard and the primary bedroom. The primary bedroom has new carpet and the primary bathroom has a large soaking tub, shower, and two closets. Mission Shores is a gated community of 214 homes in the heart of Rancho Mirage and located on Fee Land so you own the land. HOA dues are only $380 per month and includes front yard landscape maintenance, internet and cable TV.

Nearby schools

4/10
Cathedral City Elementary School
Public,•K-5•0.5mi
6/10
Rancho Mirage Elementary School
Public,•K-5•4.2mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•0.1mi
6/10
Cathedral City High School
Public,•9-12•0.4mi
4/10
Desert Learning Academy
Public,•K-12•4.4mi
Condition Rating
Good
Built in 2004, this property is 20 years old and appears to be well-maintained, aligning with the 'Good' condition criteria. The kitchen features functional stainless steel appliances and granite countertops, but the light wood cabinetry and tile flooring reflect an early 2000s style rather than a recent modern renovation. Similarly, the bathrooms are clean and functional with a large soaking tub and separate shower in the primary, but their style is consistent with the original build. The primary bedroom has new carpet, indicating some updates. Overall, the home is move-in ready with no immediate renovation required, though aesthetic updates to the kitchen and bathrooms would be needed to meet current modern trends.
Pros & Cons

Pros

Owned Solar System: The property includes an owned solar system, offering significant long-term energy cost savings and environmental benefits.
Gated Community & Fee Land: Located in the desirable Mission Shores gated community, with the added advantage of Fee Land ownership, which is a premium in the Coachella Valley.
Versatile Floor Plan with Casita: Features an open-concept layout with an attached casita, dining/flex space, bar, and office, providing excellent flexibility for living arrangements and guest accommodation.
Low HOA with Comprehensive Inclusions: Monthly HOA dues of $380 are relatively low for the area and include front yard landscape maintenance, internet, and cable TV, simplifying homeownership.
Well-Appointed Primary Suite: The primary bedroom offers new carpet, a large soaking tub, separate shower, and two closets, creating a comfortable and functional private retreat.

Cons

Absence of Private Pool/Spa: The property lacks a private pool or spa, a highly sought-after amenity in the desert climate, which may be a competitive disadvantage.
Potential Overpricing: The current listing price of $699,900 is significantly higher than the estimated property value of approximately $604,500, suggesting it may be priced above market expectations.
Limited Lake View: The description mentions 'peek-a-boo views of the lake,' indicating a partial or obstructed view rather than a full, direct lakefront experience.

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