41615 Morningside Court, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 2 bath

41615 Morningside Court, Rancho Mirage, California 92270 home-pic-0
ACTIVE$969,000
41615 Morningside Court, Rancho Mirage, California 92270
3Beds
2Baths
2,112Sqft
6,534Lot
Year Built
1964
Close
-
List price
$969K
Original List price
$969K
Price/Sqft
$459
HOA
-
Days on market
-
Sold On
-
MLS number
219131544DA
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 55% below the list price. We found 3 Cons,5 Pros. Rank: price - $969.0K(40th), sqft - 2112(19th), beds - 3(50th), baths - 2(21th).

Unique opportunity with NO HOA in Rancho Mirage; this charming mid-century detached duplex property (2/1 and 1/1) with abundant mountain views offers multiple opportunities and flexibility: family compound/primary unit plus casita for guests/caregiver accommodation/in-law suite or an extremely versatile income opportunity (separate tenants or live in one and rent the other). Move-in ready, the rear unit (1bed/1 bath) has a beautiful walnut kitchen with smart appliances and white quartz counters, and an oversized primary suite with pretty en-suite bathroom. The front unit (2 bed/1 bath) is also updated - fresh and modern with new flooring, new paint, a new kitchen with quartz counters, updated lighting and updated bathroom. Both units enjoy their own patio space and feature smart lighting, smart climate control and smart entry locks. Both units have laundry facilities inside (a full size stackable in the rear unit, and a compact combi unit in the front unit). From this private compound it's just a short walk to the River/Magnesia Falls Shopping Center and Rancho las Palmas hotel. Just across the street is Rancho Mirage Park, where you can visit the weekly farmers market, enjoy a whole variety of events at the amphitheater and make good use of the multiple pickleball/basketball courts and walking paths.Outside, the property features a new roof, new block wall, multiple patio areas, creative landscaping and new irrigation connected to a smart irrigation timer. A detached 2 car garage (with an additional large lockable storage closet) has epoxy floors, fresh paint and a belt-drive door opener with WiFi capability and camera. There are two separate gas and power meters and one water meter.

Condition Rating
Excellent

Despite being built in 1964, this property has undergone an extensive and comprehensive renovation, making it virtually new. The listing explicitly states 'new roof,' 'new block wall,' 'new flooring,' 'new paint,' 'new kitchen with quartz counters,' 'updated lighting,' and 'updated bathroom' for both units. The kitchens feature modern walnut or two-tone cabinetry, white quartz countertops, stainless steel/smart appliances, and contemporary backsplashes. Bathrooms are also updated with modern fixtures and finishes. Furthermore, the property boasts smart lighting, smart climate control, and smart entry locks, indicating a very recent and high-quality upgrade throughout, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Income Potential & Versatility: Detached duplex configuration (2/1 and 1/1) with separate utility meters offers exceptional flexibility for multi-generational living, guest accommodations, or significant rental income opportunities.
Extensive Modern Updates: Both units have been recently updated with new kitchens (walnut/quartz counters, smart appliances), new flooring, fresh paint, updated bathrooms, and integrated smart home technology (lighting, climate, entry locks).
No Homeowners Association (HOA): Absence of HOA fees provides significant cost savings and freedom from community regulations, a rare and desirable feature in Rancho Mirage.
Prime Walkable Location: Situated within a short walk to The River/Magnesia Falls Shopping Center, Rancho Las Palmas Hotel, and directly across from Rancho Mirage Park, offering convenient access to dining, entertainment, and recreational activities.
Recent Exterior & Structural Upgrades: Features a new roof, new block wall, updated landscaping with smart irrigation, and an upgraded detached two-car garage, minimizing immediate exterior maintenance concerns.

Cons

Significant Valuation Discrepancy: The current listing price is substantially higher than the estimated property value, indicating a potential overpricing issue that could impact marketability and buyer interest.
Original Construction Age (1964): Despite extensive interior and exterior updates, the property's mid-century foundation (1964) may raise concerns for some buyers regarding underlying infrastructure or long-term maintenance compared to newer constructions.
Absence of Private Pool/Spa: In a desert climate, the lack of a private pool or spa could be a notable disadvantage for prospective buyers seeking this common amenity in the Rancho Mirage market.

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