
Rancho Mirage, California 92270
This property presents a High-Potential Investment Opportunity with a List Price of $625,000—positioned well above the $557,760 Fair Market Value by 12%. While the pricing reflects a premium, the Fair Condition Rating (5/10) provides a clear path for value-add through interior modernization. Featuring a private pool and spa, vaulted wood beam ceilings, and a large 7,841 sq ft lot, the home offers significant lifestyle appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to customize a well-located Rancho Mirage asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 53 San Simeon Place Subject | $625,000* List Price | 2 | 2 | 1,650 | $338 | - |
A 9 San Marino Circle Sold | $740,000 | 3 | 2 | 2,308 | $321 | 0.7 mi |
B 53 San Simeon Place Active | $649,000 List Price | 2 | 2 | 1,650 | $393 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981 (43 years old), the property falls into the poor category due to its age and original condition. The interior features dated elements like popcorn ceilings and 80s-style fixtures, and the listing explicitly notes an 'opportunity to design the interior,' indicating that the kitchen and bathrooms require a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1650.
The property features a private pool and spa with low-maintenance Restora decking and an Aluma Wood patio cover, offering a premium desert lifestyle experience.
Vaulted wood beam ceilings and multiple French doors enhance the interior volume and provide an abundance of natural light, creating an upscale and airy atmosphere.
The mention of an opportunity to 'design the interior' suggests the 1981 finishes may require significant cosmetic updates to meet modern luxury standards.
With only two bedrooms, the home may have a more restricted buyer pool compared to the more common three-bedroom configurations found in this price range.
If you are searching for a home in a friendly neighborhood, Welcome to Mission Wells a community of 72 homesites within a gated community. This 2BR, 2BA single-story home has a private pool and spa. There's an opportunity to design the interior with your favorite colors and furnishings. The interior with 1,650 sq ft has no wasted space as vaulted wood beam ceilings add volume and dual pane windows and French doors filter an abundance of natural light. The living room with fireplace and wet bar has the convenience of double French doors extending to outdoor living space. The spacious dining area is adjacent to the kitchen featuring built-in cabinets and breakfast/casual dining nook. The primary bedroom with sitting area and direct access to the backyard has an ensuite with separate tub and shower. The second bedroom has direct access to a 3/4 hall bathroom. The laundry room with sink and storage cabinets has direct access to a 2 car garage. Enjoy privacy in the spacious backyard. Relax and refresh in the pool and spa. Enjoy the low maintenance of Restora patio decking. An Aluma Wood patio cover provides welcome shade. The HOA amenities, with a low $410 monthly fee, provides front yard maintenance, a community pool/spa, picnic area, lighted tennis and pickleball courts plus RV storage area. This prime location offers the convenience of nearby shopping, hiking, golf,, fun activities at the Children's Discovery Museum or enjoy a tour of the Sunnylands Estate offering a variety of community programs. This home is perfect as a seasonal get-away or full time enjoyment in the Heart of Rancho Mirage.
No exterior & parking available.
Grades K-5 • 3.0 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,650 | 2,915 |
| Lot Size | 7,841 | 9,801 |
| Price | $625.0K | $1.22M |
| Price per sq ft | $379 | $440 |
| Built year | 1981 | 2002 |
| HOA | $410.0 | $530 |
| Days on market | 21 | 70 |
Jul 1, 2026
$625,000
Initial Listing