
Rancho Mirage, California 92270
This Architecturally Significant Mid-Century Modern Condo is listed at $389,900, following recent price reductions, yet remains above the $307,215 Fair Market Value. As a Barry B. Berkus-designed asset within the historic Chalet Palms community, it represents a specialized Value-Add Opportunity. The property holds a Condition Rating of 5, requiring a comprehensive renovation to update its original 1965 interior. Boasting Mountain and Greenbelt Views and proximity to Rancho Mirage Elementary, this property is a strategic acquisition for Mid-Century Modern Enthusiasts and Value-Add Investors focused on architectural restoration.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42278 Dunes View Road 28 Subject | $389,900* List Price | 2 | 2 | 915 | $336 | - |
A 42336 Dunes View Road 12 Sold | $290,000 | 2 | 2 | 915 | $317 | 0.0 mi |
B 71861 Eleanora Lane Active Under Contract | $280,000 List Price | 2 | 2 | 938 | $299 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965, this property explicitly states it's 'waiting for you to update, customize and decorate to your taste,' indicating a need for substantial renovation. The kitchen features highly outdated yellow cabinets, tile countertops, and older appliances. Bathrooms also show very dated floral wallpaper, vanities, and fixtures. Popcorn ceilings, older tile flooring, and worn carpet throughout the living areas further confirm the property requires significant rehabilitation to meet modern standards.
Designed by renowned Architect Barry B. Berkus, this Mid-Century Modern home is part of Chalet Palms, a complex featured in Modernism books and tours, appealing to a specific and appreciative buyer demographic.
Situated in one of the most desired locations within the Chalet Palms complex, which itself is in the heart of Rancho Mirage's much-desired Magnesia Falls Cove area, offering excellent positioning and prestige.
Boasts some of the best views of the Northern Mountains and direct access to a large greenbelt area with tall palm trees just outside the unit, enhancing its aesthetic appeal and outdoor living.
The property description explicitly states it's 'waiting for you to update, customize and decorate to your taste,' indicating it is not move-in ready and will require substantial investment for modernization.
Built in 1965, the home is an older property which may entail age-related maintenance. At 915 sqft, it offers a relatively compact living space for a 2-bedroom unit.
Multiple price reductions from the original listing price suggest potential market resistance or initial overpricing. Additionally, the $450 monthly association fee adds to the ongoing cost of ownership.
This Mid-Century Modern home is waiting for you to update, customize and decorate to your taste! This 32-unit Chalet is in the heart of Rancho Mirage and the much-desired Magnesia Falls Cove area. This unit is in one of the most desired locations in the complex. It was designed by renowned Architect Barry B. Berkus. Chalet Palms has been featured in Modernism books and has been on the Modernism tours multiple times. This much desired 2-bedroom, 2 bath home has one of the best views of the Northern Mountains and has a large greenbelt area with tall palm trees just outside the unit. The Chalet is a great place to live year-round or the perfect vacation getaway. Pocket doors open to the second bedroom with a pull-down wall bed, or this can also be used as an expanded living area. The home features 2 half baths with a shower between them to be utilized by either bedroom or your guest. You have two good sized patio areas, one with the great mountain and greenbelt views and the other is private just off your kitchen and the main bedroom slider for a great outdoor dining area. Just beyond the greenbelt is a short walk to the beautifully landscaped community pool, spa, mailboxes, 2 laundry rooms and more large palm trees and greenbelt areas. Your condo includes a reserved close carport space for your vehicle. A short walk will take you to the RIVER for shopping, dining and entertainment.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 4.3 mi
Grades 9-12 • 5.7 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 | 915 | 1,770 | 5% |
| Lot Size | 871 | 2,614 | 21% |
| Price | $389.9K | $570.0K | 17% |
| Price per sq ft | $426 | $324 | 93% |
| Built year | 1965 | 1979 | 2% |
| HOA | $450.0 | $830 | 7% |
| Days on market | 453 | 153 | 99% |
Jan 17, 2026
$389,900
$399,900
-3% Price Drop
Initial Listing
Sep 19, 2025
$399,900
Initial Listing
Jan 24, 2025
$419,900
Initial Listing