46 Princeton Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath

46 Princeton Drive, Rancho Mirage, California 92270 home-pic-0
ACTIVE UNDER CONTRACT$1,245,000
46 Princeton Drive, Rancho Mirage, California 92270
3Beds
3Baths
3,088Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($1,245,000) is $0 (0%) lower than the list price ($1,245,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Luxury Community Amenities: The property is located within The Springs Country Club, a guard-gated community offering a full range of luxury amenities including an 18-hole golf course, 9 tennis courts (3 lit & 2 clay), 12 pickleball courts, 2 bocce courts, spa services, fitness center, and a newly renovated clubhouse with fine and casual dining.
Top Cons:
High Monthly Association Fees: The substantial monthly association fee of $1709.0, while comprehensive in its coverage, represents a significant ongoing expense that could be a deterrent for some potential buyers.

Compared to the nearby listings

Price:$1.25M vs avg $1.09M (+$155,000)60%
Size:3,088 sqft vs avg 2,903 sqft63%
Price/sqft:$403 vs avg $42042%

More Insights

Built in 1980 (45 years old).
Condition: Despite being built in 1980, the property has undergone extensive and elegant renovations, as explicitly stated in the description and visually confirmed by the images. The kitchen features modern flat-panel cabinetry, stainless steel appliances (including double ovens and a wine fridge), and contemporary finishes. The bathrooms are redesigned with modern tiling, fixtures, and a clean aesthetic. Italian tile flooring is present throughout, giving a cohesive and updated look. All visible components appear new or virtually new, meeting current quality standards with no signs of deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently and extensively renovated property.
Year Built
1980
Close
-
List price
$1.25M
Original List price
$1.45M
Price/Sqft
$403
HOA
$1,709
Days on market
-
Sold On
-
MLS number
24473591
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

Welcome to 46 Princeton Drive where sophistication meets relaxation in The Springs CC located in the heart of Rancho Mirage. Discover the epitome of desert living in this sophisticated and elegantly updated Cypress Point model. Boasting an open floor plan, this 3-bedroom, 3-bath home seamlessly blends style and comfort. The chef's kitchen is light and open with all stainless steel appliances, while the redesigned custom bathrooms showcase elegant finishes. Italian tile flooring and electronic window treatments add a modern touch throughout. The west-facing backyard is an entertainer's dream, featuring a Tessera pebble-tec lap pool with saltwater filtration, a cascading waterfall, and color-changing LED lighting. All landscaping and hardscaping have been meticulously redone, creating a private oasis framed by breathtaking views of the San Jacinto and South Santa Rosa Mountains. Day or night it is magical. The Springs Country Club offers a full range of luxury amenities for your active lifestyle. This guard gated Community features 18 Hole Desmond Muirhead signature golf course, 9 tennis courts with 3 lit & 2 clay, 12 pickle ball courts & 2 Bocce courts, Spa Services & fitness center. Newly renovated clubhouse serves as the social heart of the community, complete with fine and casual dining at the elegant Springs Restaurant and the relaxed Oasis Cafe. Homeowners dues cover Social Membership giving access to restaurant & cafe, 46 community pools, cable & internet, guard-gated w/security including home alarm monitoring, roof, exterior paint, fire & liability and earthquake insurance and more. (See attached doc for everything included)

Nearby schools

6/10
Rancho Mirage Elementary School
Public,K-51.8mi
3/10
Nellie N. Coffman Middle School
Public,6-82.4mi
5/10
Rancho Mirage High
Public,9-123.8mi
4/10
Desert Learning Academy
Public,K-126.5mi
Condition Rating
Excellent

Despite being built in 1980, the property has undergone extensive and elegant renovations, as explicitly stated in the description and visually confirmed by the images. The kitchen features modern flat-panel cabinetry, stainless steel appliances (including double ovens and a wine fridge), and contemporary finishes. The bathrooms are redesigned with modern tiling, fixtures, and a clean aesthetic. Italian tile flooring is present throughout, giving a cohesive and updated look. All visible components appear new or virtually new, meeting current quality standards with no signs of deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Extensive Luxury Community Amenities: The property is located within The Springs Country Club, a guard-gated community offering a full range of luxury amenities including an 18-hole golf course, 9 tennis courts (3 lit & 2 clay), 12 pickleball courts, 2 bocce courts, spa services, fitness center, and a newly renovated clubhouse with fine and casual dining.
Comprehensive HOA Coverage: Homeowners dues of $1709.0 cover a social membership, access to 46 community pools, cable & internet, guard-gated security with home alarm monitoring, roof, exterior paint, fire & liability, and earthquake insurance, significantly reducing owner responsibilities and costs.
Luxurious & Updated Interior Finishes: The home features an elegantly updated open floor plan, a chef's kitchen with stainless steel appliances, redesigned custom bathrooms with elegant finishes, Italian tile flooring, and electronic window treatments, providing a modern and sophisticated living space.
Exceptional Private Outdoor Oasis with Mountain Views: The west-facing backyard is an entertainer's dream, boasting a Tessera pebble-tec lap pool with saltwater filtration, a cascading waterfall, color-changing LED lighting, and meticulously redone landscaping/hardscaping, all framed by breathtaking San Jacinto and South Santa Rosa Mountain views.
Prime Location within Prestigious Community: Situated in 'The Springs CC in the heart of Rancho Mirage,' the property benefits from a highly desirable, secure, and exclusive location known for its luxury desert living.

Cons

High Monthly Association Fees: The substantial monthly association fee of $1709.0, while comprehensive in its coverage, represents a significant ongoing expense that could be a deterrent for some potential buyers.
Property Age: Built in 1980, the property is over 40 years old. While extensively updated, some buyers may prefer newer construction for perceived benefits in structural integrity, energy efficiency, or more contemporary architectural designs.
Modest Lot Size: With a lot size of 5663 sqft, the property's outdoor space, while well-appointed, is relatively compact for a luxury home in a country club setting, potentially limiting extensive private garden areas or future expansion.

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