50 Toscana Way E, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 5 bath
ACTIVE$1,389,000
50 Toscana Way E, Rancho Mirage, California 92270
3Beds
5Baths
3,545Sqft
14,810Lot
Price Vs. Estimate
The estimated value ($851,889.035) is $537,110.965 (38%) lower than the list price ($1,389,000). This property may be overpriced.
Key pros and cons
Top 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 = 14810, living area = 3545.
Top Cons:
Significant Overpricing: The current listing price of $1.389M is substantially higher than the estimated property value of $851,889, indicating a potential overpricing relative to market data and comparable sales.
Compared to the nearby listings
Price:$1.39M vs avg $1.09M (+$299,000)67%
Size:3,545 sqft vs avg 2,903 sqft75%
Price/sqft:$392 vs avg $42035%
More Insights
Built in 2002 (23 years old).
Condition: Built in 2002, this property has been 'beautifully upgraded' and features a 'redesigned saltwater pool,' indicating significant recent investments. The kitchen, while featuring a classic light wood cabinet and speckled granite countertop style that may not be ultra-modern, is impeccably clean, well-maintained, and equipped with functional stainless steel built-in appliances. The flooring throughout is consistent and in excellent condition. Although specific bathroom images are not provided, the overall pristine condition of the visible areas, including a modern light fixture in the entryway, suggests the property is move-in ready with no immediate renovations required, aligning with the 'Good' criteria for properties extensively renovated within the last 5-15 years or exceptionally well-maintained beyond the 20-year mark.
Year Built
2002
Close
-
List price
$1.39M
Original List price
$1.55M
Price/Sqft
$392
HOA
$300
Days on market
-
Sold On
-
MLS number
219125854DA
Home ConditionGood
Features
Good View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool
About this home
Desert luxury dialed up to a 10 in La Toscana. This beautifully upgraded home blends elegance and comfort with soaring ceilings, abundant natural light, and a seamless indoor-outdoor layout ideal for entertaining. The gourmet kitchen opens to a spacious family room with built-ins, perfect for gatherings. Enjoy a redesigned saltwater pool with an elevated spa and a shallow wading area for kids and pets. Detached casita, rare 4-car garage, and lush landscaping offer privacy and versatility in one of the desert's most desirable gated communities.
Nearby schools
6/10
Rancho Mirage Elementary School
Public,•K-5•3.2mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•1.8mi
5/10
Rancho Mirage High
Public,•9-12•2.6mi
4/10
Desert Learning Academy
Public,•K-12•6.2mi
Condition Rating
Good
Built in 2002, this property has been 'beautifully upgraded' and features a 'redesigned saltwater pool,' indicating significant recent investments. The kitchen, while featuring a classic light wood cabinet and speckled granite countertop style that may not be ultra-modern, is impeccably clean, well-maintained, and equipped with functional stainless steel built-in appliances. The flooring throughout is consistent and in excellent condition. Although specific bathroom images are not provided, the overall pristine condition of the visible areas, including a modern light fixture in the entryway, suggests the property is move-in ready with no immediate renovations required, aligning with the 'Good' criteria for properties extensively renovated within the last 5-15 years or exceptionally well-maintained beyond the 20-year mark.
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 = 14810, living area = 3545.
High-End Luxury & Design: The property is described as 'Desert luxury dialed up to a 10,' featuring a beautifully upgraded home with soaring ceilings, abundant natural light, and a seamless indoor-outdoor layout ideal for entertaining.
Exceptional Outdoor Living Space: Boasts a redesigned saltwater pool with an elevated spa and a shallow wading area, complemented by lush landscaping that enhances privacy and resort-style living.
Detached Casita: Includes a detached casita, providing versatile space for guests, a private office, or other flexible uses, adding significant value and functionality.
Rare 4-Car Garage: Features a rare 4-car garage, offering ample space for multiple vehicles, storage, or hobby areas, which is a highly desirable and uncommon amenity.
Desirable Gated Community & Privacy: Located in 'La Toscana,' one of the desert's most desirable gated communities, ensuring security, exclusivity, and enhanced privacy through its lush landscaping.
Cons
Significant Overpricing: The current listing price of $1.389M is substantially higher than the estimated property value of $851,889, indicating a potential overpricing relative to market data and comparable sales.
Limited Bedroom Count for Size: With only 3 bedrooms for a 3545 sqft luxury home, some prospective buyers may find the bedroom count insufficient for the property's overall size and price point, especially if they require more sleeping accommodations.
Unspecified Age of Upgrades/Systems: While described as 'beautifully upgraded,' the property was built in 2002. The description does not specify the recency of these upgrades or major system replacements (e.g., HVAC, roof), which could lead to potential future maintenance concerns for buyers.