
Rancho Mirage, California 92270
This Turnkey Condominium represents a Strong Value Opportunity, listed at $399,000—positioned well below the $441,470 Fair Market Value by 9%. This valuation gap offers $42,470 in Instant Equity. Boasting a Mint Condition Rating, the home features a redesigned quartz kitchen, updated bathrooms, and an expansive rooftop terrace with panoramic mountain views. With a land lease extended through 2121, this property is an ideal, stable acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, move-in ready desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 462 Sunningdale Drive Subject | $399,000* List Price | 2 | 2 | 1,547 | $285 | - |
A 34955 Mission Hills Drive Sold | $400,000 | 2 | 2 | 1,806 | $221 | 0.7 mi |
B 422 Forest Hills Drive Sold | $310,000 | 1 | 2 | 1,049 | $296 | 0.2 mi |
C 382 Wimbledon Drive Pending | $465,000 List Price | 2 | 2 | 1,535 | $303 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1981, the property has undergone a comprehensive recent renovation (under 5 years) including a redesigned kitchen with quartz countertops, fully updated modern bathrooms, a new electrical panel, and an on-demand hot water system, meeting the criteria for mint condition.
The property features extensive high-end updates including a redesigned quartz kitchen, updated bathrooms, and vaulted wood-beamed ceilings, offered fully furnished for immediate occupancy.
An expansive rooftop terrace provides rare panoramic mountain views and sunset vistas, significantly enhancing the lifestyle appeal beyond standard condo offerings.
With the land lease extended through 2121, the property offers exceptional long-term stability and easier financing options compared to many other leasehold properties in the area.
The monthly HOA fee of $800 represents a substantial recurring cost that may impact the overall affordability and debt-to-income ratio for potential buyers.
Local school scores range from 3 to 6, which may be a consideration for families prioritizing top-tier educational districts or investors looking for maximum resale value.
This beautifully updated 2-bedroom, 2-bathroom condo blends comfort, style, and functionality with thoughtfully curated upgrades throughout. Offered furnished and featuring a detached 2-car garage, the home showcases vaulted wood-beamed ceilings, fresh paint, newer windows and sliders, tile flooring in the main living areas, and a cozy gas fireplace. The redesigned kitchen is both elegant and practical, complete with newer appliances, quartz countertops, custom cabinetry, a pantry, and a dedicated coffee station. The flexible floor plan includes one en suite bedroom downstairs and a second private suite upstairs. Additional improvements include an on-demand hot water system, new electrical panel, and beautifully updated bathrooms. Outdoor living is equally impressive, with a charming downstairs patio and an expansive rooftop terrace offering spectacular sunsets and breathtaking mountain views- the perfect setting for relaxing or entertaining. Purchasing a Social Membership offers privileges such as, access to Mission Hills' fitness center, tennis and pickleball courts, croquet lawns, and the recently enhanced clubhouse with multiple dining options. Optional golf memberships are available for those wishing to enjoy the legendary courses associated with the Bob Hope Classic and Dinah Shore LPGA events. Ideally located near Palm Springs International Airport, El Paseo, gaming, dining, and entertainment, this home is well suited as a primary residence, seasonal escape, or investment property. Land lease extended through 2121!
No exterior & parking available.
Grades K-5 • 2.5 mi
Grades K-5 • 3.9 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 47% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,547 | 1,756 | 29% |
| Lot Size | 871 | 2,178 | 27% |
| Price | $399.0K | $570.0K | 19% |
| Price per sq ft | $258 | $324 | 16% |
| Built year | 1981 | 1979 | 69% |
| HOA | $800.0 | $830 | 47% |
| Days on market | 22 | 152 | 1% |
May 15, 2026
$399,000
Initial Listing