407 Forest Hills Drive Rancho Mirage, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 2 bed, 2 bath
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Rancho Mirage, California 92270
This Value-Add Desert Condominium within the prestigious Mission Hills Country Club is listed at $375,000, offering a stable and accessible entry point relative to its $368,766 Fair Market Value. Featuring a Condition Rating of 4, the residence is well-maintained but retains original 1981 finishes, including oak cabinetry and dated tile. The end-unit location provides a private oasis with vaulted wood-beamed ceilings and direct pool views. Located near Cathedral City High, this property represents a strategic opportunity for Value-Add Investors or Owner-Occupants seeking to customize a high-potential asset in Rancho Mirage.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 407 Forest Hills Drive Rancho Mirage Subject | $375,000* List Price | 2 | 2 | 1,480 | $249 | - |
A 535 Desert West Drive Sold | $406,000 | 2 | 2 | 1,984 | $205 | 1.0 mi |
B 344 Forest Hills Drive Active | $375,000 List Price | 2 | 2 | 1,535 | $244 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and 'lovingly cared for' as noted in the description, but it is significantly dated. Built in 1981, the interior features original or older oak cabinetry, laminate countertops, and white appliances in the kitchen. The bathrooms show dated wallpaper and tile work. While the vaulted wood-beamed ceilings are a premium architectural feature, the wall-to-wall carpeting, light fixtures, and overall finishes require modernization to meet current market expectations.
Situated as an end unit on a private lot within the prestigious Mission Hills Country Club, this property offers enhanced privacy and a secluded 'oasis' atmosphere compared to standard units.
Priced at $375,000, this condo represents a highly accessible entry point into the Rancho Mirage market, offering significant upside potential for buyers looking to build equity through improvements.
Owned and lovingly cared for by the same family for nearly two decades, the property demonstrates a strong pride of ownership and a well-maintained foundation despite its original finishes.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1480, other record living area = 1535.
The property has not been updated since 2004, requiring a modern renovation of the kitchen, bathrooms, and flooring to meet current luxury market expectations.
The $800 monthly association fee is a substantial recurring expense that may impact the overall affordability and appeal for budget-conscious buyers or investors.
Since 2004, this condo has been owned by one family. Although it has not been updated, it has been lovingly cared for. It sits on a private lot in the back of Mission Hills, relatively close to the Dinah Shore entrance. Because it is an end unit, it feels like the pool/patio leisure area is a private oasis. If you're looking for a Mission Hills get-away that is competitively priced, this could be it.
No exterior & parking available.
Grades K-5 • 2.3 mi
Grades K-5 • 4.2 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,480 | 1,770 | 28% |
| Lot Size | 2,613 | 2,614 | 50% |
| Price | $375.0K | $570.0K | 16% |
| Price per sq ft | $253 | $324 | 12% |
| Built year | 1981 | 1979 | 64% |
| HOA | $800.0 | $830 | 49% |
| Days on market | 8 | 152 | 2% |
Apr 14, 2026
$375,000
Initial Listing