43 Cornell Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath
43 Cornell Drive
Rancho Mirage, California 92270
Property Price
SUMMARY
Analysis of 43 Cornell Drive, Rancho Mirage, California 92270 reveals a property with a current list price of $995,000, which is 4% above the estimated $947,985 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Rancho Mirage Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43 Cornell Drive Subject | $995,000* List Price | 3 | 3 | 2,940 | $322 | - |
A 61 Cornell Sold | $835,000 | 4 | 4 | 2,951 | $283 | 0.1 mi |
B 6 Oxford Court Sold | $800,000 | 3 | 3 | 2,950 | $271 | 0.5 mi |
C 6 Amherst Court Sold | $878,000 | 3 | 3 | 2,950 | $298 | 0.7 mi |
D 97 Columbia Drive Sold | $1,056,000 | 3 | 3 | 2,785 | $379 | 0.6 mi |
E 32 Cornell Drive Sold | $830,000 | 4 | 4 | 2,969 | $280 | 0.0 mi |
F 1 Exeter Court Sold | $1,124,000 | 3 | 3 | 3,288 | $342 | 0.9 mi |
G 7 Dartmouth Drive Active | $1,235,000 List Price | 3 | 3 | 3,088 | $400 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1979, the property qualifies as excellent due to extensive recent renovations within the last 5 years. Key upgrades include a new roof (2025), a new HVAC system (2024), and a modernized gourmet kitchen featuring Caesarstone countertops and stainless steel appliances. The interior has been recently repainted and features updated flooring and an EV charger, indicating no deferred maintenance and high-quality contemporary standards.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Capital Upgrades
The property features a brand-new HVAC system installed in 2024 and a new roof completed in 2025, providing long-term structural reliability and immediate cost savings for the buyer.
- Highly Coveted Floorplan
The sought-after Shaughnessy layout on a desirable corner lot offers an exceptional indoor-outdoor flow with mountain views accessible from every patio, maximizing the desert lifestyle.
- Modernized Interior & Utilities
The home boasts a gourmet kitchen with Caesarstone countertops and stainless steel appliances, complemented by a 3-car garage that includes a modern EV charging station.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The HOA fee of $1,826 per month is substantial, which may impact the overall affordability and appeal for buyers sensitive to high recurring fixed expenses.
- Aged Infrastructure
Despite recent surface updates and major system replacements, the 1979 construction year may imply older plumbing or electrical components common in homes of this vintage.
About 43 Cornell Drive
Situated on a desirable corner lot, this property offers mountain views from each patio along with its highly sought-after Shaughnessy floorplan, celebrated at The Springs for its open layout, natural light, and exceptional indoor-outdoor flow. The residence has been thoroughly updated and recently repainted, providing a clean and welcoming environment.The expansive great room is enhanced by a fireplace, creating an inviting space for both relaxation and social gatherings. The home features three en-suite bedrooms, for families or accommodating guests. The gourmet kitchen is equipped with Caesarstone countertops, stainless steel appliances, and thermofoil cabinetry, delivering a modern and sophisticated aesthetic.Significant upgrades include a new HVAC system installed in 2024 and a new roof completed in 2025, ensuring long-term comfort and reliability. The 3 car garage includes an EV charger, 2 car spaces and golf cart garage.The Springs Country Club HOA includes a Social, sports and fitness membership, cable/internet, 24 hour gate and home alarm monitoring systems.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1826.0 / Month
Neighborhood Insights
Rancho Mirage Unified Schools
Rancho Mirage Elementary School
Grades K-5 • 1.3 mi
Nellie N. Coffman Middle School
Grades 6-8 • 3.2 mi
Rancho Mirage High
Grades 9-12 • 4.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,940 | 2,771 | 53% |
| Lot Size | 5,227 | 10,454 | 8% |
| Price | $995.0K | $1.10M | 42% |
| Price per sq ft | $338 | $431 | 23% |
| Built year | 1979 | 1999 | 20% |
| HOA | $1826.0 | $445 | 90% |
| Days on market | 16 | 155 | 0% |
Pricing History
Listed for Sale
Feb 19, 2026
$995,000
Initial Listing
Sold
Jul 13, 2012
$270,500
Public Record
Sold
Mar 31, 2005
$487,500
Public Record
Sold
Sep 1, 1998
$255,000
Public Record