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45 Mirada Circle, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 7 bath

45 Mirada Circle, Rancho Mirage, California 92270 home-pic-0
ACTIVE$4,997,000
45 Mirada Circle, Rancho Mirage, California 92270
4Beds
7Baths
6,600Sqft
43,560Lot
Year Built
2002
Close
-
List price
$5M
Original List price
$5M
Price/Sqft
$757
HOA
$1,150
Days on market
-
Sold On
-
MLS number
219126941DA
Home ConditionGood
Features
Excellent View: Mountain(s), Panoramic, Valley
Pool
Spa
Patio
ViewMountain(s), Panoramic, Valley

About this home

Possibly Over-Priced:The estimated price is 27% below the list price. We found 3 Cons,6 Pros. Rank: price - $5.00M(96th), sqft - 6600(98th), beds - 4(64th), baths - 7(97th).

Welcome to one of the finest homes in Mirada! This stunning 6,600 square-foot contemporary residence offers unparalleled luxury and breathtaking views. Nestled on a serene acre of land, this home features four spacious bedrooms, an office, and a media room perfect for entertainment. With six and a half elegantly designed baths, comfort and style are at your fingertips. Enjoy the serene mountain and valley views right from your backyard, where you'll find a beautiful pool and spa, as well as an outdoor kitchen offering lots of privacy. A long driveway leads up to this exquisite property, adding to its charm and exclusivity. Don't miss this rare opportunity to own a piece of paradise!

Nearby schools

6/10
Rancho Mirage Elementary School
Public,•K-5•2.7mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•2.2mi
5/10
Rancho Mirage High
Public,•9-12•4.2mi
4/10
Desert Learning Academy
Public,•K-12•5.0mi
Condition Rating
Good
Built in 2002, this 23-year-old property is meticulously maintained and presents as move-in ready with no immediate renovations required. The kitchen features high-end stainless steel appliances, granite countertops, and contemporary cabinetry, all in excellent condition. Bathrooms are spacious and luxurious, with quality stone finishes, glass showers, and jetted tubs. While the overall style reflects an early 2000s contemporary aesthetic rather than a brand-new 2020s renovation, all major systems and components appear well-maintained with minimal wear and tear, aligning perfectly with the 'Good' criteria for a property of its age and quality.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 6600.
Unparalleled Luxury & Contemporary Design: The property is described as one of the 'finest homes in Mirada,' a 'stunning contemporary residence' offering 'unparalleled luxury' with 'elegantly designed baths,' appealing to high-end buyers.
Breathtaking Panoramic Views: Features 'breathtaking views,' specifically 'serene mountain and valley views,' confirmed by the 'Panoramic, Mountain(s), Valley' view type, enhancing its desirability and value.
Expansive & Functional Layout: Offers a generous 6,600 square feet of living space, including 4 spacious bedrooms, an office, a media room, and 7 bathrooms, providing ample room and versatility for residents.
Exceptional Outdoor Entertainment & Privacy: Situated on a serene acre of land with a beautiful pool, spa, and outdoor kitchen, providing ample privacy and resort-style living perfect for entertaining.
Exclusive Community & Curb Appeal: Located in the prestigious Mirada Estates subdivision, featuring a long driveway that enhances its charm and exclusivity, contributing to a desirable lifestyle.

Cons

Significant Overpricing Relative to Market Value: The listing price of nearly $5 million is 27% higher than the estimated property value and notably higher than a very similar, newer property in the same subdivision listed at $4.3 million, suggesting it may be overpriced.
High Monthly Association Fees: The property incurs a substantial monthly association fee of $1,150, which adds a significant ongoing cost to ownership.
Lack of Explicit Modern Technology Upgrades: While contemporary, the description does not highlight recent high-tech or smart home system upgrades, which are often expected by buyers in this luxury price point, potentially making it less competitive against properties with such features.

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