57 Cork Tree, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 2 bed, 2 bath

57 Cork Tree, Rancho Mirage, California 92270 home-pic-0
ACTIVE$1,195,000
57 Cork Tree, Rancho Mirage, California 92270
2Beds
2Baths
2,241Sqft
8,982Lot

Price Vs. Estimate

The estimated value ($1,034,226.545) is $160,773.455 (13%) lower than the list price ($1,195,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Pristine Condition: Built in 2020 and meticulously maintained, this four-year-old residence offers modern design, thoughtful designer details, and minimal immediate upkeep.
Top Cons:
High Monthly Association Fees: A substantial $440 monthly association fee adds a significant recurring cost to homeownership, which may impact affordability for some buyers.

Compared to the nearby listings

Price:$1.20M vs avg $1.09M (+$105,000)57%
Size:2,241 sqft vs avg 2,895.5 sqft25%
Price/sqft:$533 vs avg $42278%

More Insights

Built in 2020 (5 years old).
Condition: Built in 2020, this four-year-old residence is virtually new and meticulously maintained. The kitchen features upgraded cabinetry, quartz countertops, modern stainless steel appliances including an induction range, and recessed lighting. Bathrooms are spa-like with upgraded counters, custom fixtures, backlit mirrors, and a large walk-in shower in the primary. Hardwood flooring throughout the main living areas and clean carpets in bedrooms, along with a fully paid solar system, confirm its excellent condition with no deferred maintenance.
Year Built
2020
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$533
HOA
$440
Days on market
-
Sold On
-
MLS number
219137736DA
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Situated on a desirable corner lot within the sought-after Del Webb Rancho Mirage community, this meticulously maintained four-year-old residence blends modern comfort with thoughtful designer detail. The solar system, including added panels, is fully paid. Distinctive features include hardwood flooring throughout, refined landscape design with premium turf in both front and rear yards, and a large pergola ideal for outdoor dining and relaxation. Inside, a chef's kitchen showcases upgraded cabinetry, countertops, appliances, and an induction range. The spacious primary suite offers a spa-style bath with upgraded counters, custom fixtures, a Panasonic heater, and custom closet organization. Additional highlights include a guest suite with new insulated windows, a versatile den or office, and an epoxy-coated garage with an upgraded door and custom cabinetry. Art lovers will appreciate the three CODA gallery installations that bring texture and personality to the interiors. The Refuge floor plan from the Retreat Series offers efficient, low-maintenance living with style. Some furnishings may be negotiated. A community dog park sits conveniently across the street, and the generous corner lot allows room for a future pool addition.

Price History

Date
Event
Price
12/15/20
Sold
$588,000
Condition Rating
Excellent

Built in 2020, this four-year-old residence is virtually new and meticulously maintained. The kitchen features upgraded cabinetry, quartz countertops, modern stainless steel appliances including an induction range, and recessed lighting. Bathrooms are spa-like with upgraded counters, custom fixtures, backlit mirrors, and a large walk-in shower in the primary. Hardwood flooring throughout the main living areas and clean carpets in bedrooms, along with a fully paid solar system, confirm its excellent condition with no deferred maintenance.
Pros & Cons

Pros

New Construction & Pristine Condition: Built in 2020 and meticulously maintained, this four-year-old residence offers modern design, thoughtful designer details, and minimal immediate upkeep.
Fully Paid Solar System: The solar system, including added panels, is fully paid, providing significant long-term energy cost savings and environmental benefits.
Extensive High-End Upgrades: Features include hardwood flooring throughout, refined premium turf landscaping, a large outdoor pergola, a chef's kitchen with upgraded appliances and induction range, and a luxurious primary suite with a spa-style bath and custom organization.
Desirable Corner Lot with Expansion Potential: Situated on a generous corner lot, the property offers enhanced privacy and the valuable option to add a future pool, increasing property value and lifestyle appeal.
Community & Lifestyle Benefits: Located in the sought-after Del Webb Rancho Mirage, known for active adult living, with a convenient community dog park across the street and mountain views.

Cons

High Monthly Association Fees: A substantial $440 monthly association fee adds a significant recurring cost to homeownership, which may impact affordability for some buyers.
Aggressive Pricing Relative to Estimate: The property is listed 14% above its estimated market value, which might deter some buyers or lead to a longer market time compared to competitively priced homes.
Limited Bedroom Count: With only two bedrooms, the property may not cater to larger families or those requiring extensive guest accommodations, potentially narrowing the buyer demographic.

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