6 Marine Way Lot #163, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 2 bed, 3 bath

6 Marine Way Lot  home-pic-0

6 Marine Way Lot #163

Rancho Mirage, California 92270

ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
2,925Sq Ft
9,344Lot Size

Property Price

LIST PRICE$2,156,040
EST. MARKET VALUE
$1,896,430
13% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$1,896,430
Based on Realkey algorithm analyzing recent comparable sales in Rancho Mirage.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
6 Marine Way Lot #163
Subject
$2,156,040*
List Price
232,925$648-
A
9 Heliotrope Avenue Lot #306
Sold
$2,269,990342,525$8990.4 mi
B
29 Sea Holly Road Lot #174
Active
$1,949,990
List Price
342,782$7010.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This is a brand-new 2025 construction by Shea Homes in the exclusive Cotino community. The property features a modern open-concept layout, gourmet kitchen with premium finishes, and high-end fixtures throughout. As a new build, all systems, appliances, and structural elements are in pristine condition with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Exclusive Disney Branding

    As part of the first-ever 'Storyliving by Disney' community, this property offers a unique lifestyle and prestige associated with the Disney brand, including access to curated community parks and high-end themed amenities.

  • New Luxury Construction

    Built in 2025 by Shea Homes, this Melodia design features a modern open-concept floor plan, gourmet kitchen finishes, and a versatile flex space, providing a turnkey experience with contemporary architectural appeal.

  • Private Oasis & Views

    The home boasts a private pool and spa with stunning mountain views and an expansive outdoor living area, perfectly designed for the indoor-outdoor lifestyle sought after in Rancho Mirage.

CONSRISKS & DEFICIENCIES

  • High Carrying Costs

    The $550 monthly association fee represents a significant recurring expense that, when combined with the multi-million dollar price point, may limit the property's appeal to a narrower segment of the market.

  • Market Pricing Volatility

    A substantial price reduction of over $250,000 from the original list price suggests that the initial 'Disney premium' may have been over-leveraged, potentially causing concern regarding immediate equity stability for new buyers.

About 6 Marine Way Lot #163

Welcome to Cotino, Storyliving by Disney, the first community of its kind in Rancho Mirage. Nestled on a great street and in near proximity to our clubhouse and the bay, this exquisite 3-bedroom, 3-bathroom, home with a gorgeous pool and spa is approximately 2,925 square feet and is thoughtfully designed for those seeking a quick move-in home in Cotino. Built by Shea Homes as part of their Grand Collection, this stunning Melodia design showcases a distinctive Oasis exterior elevation that blends modern style with timeless elegance. The residence invites you to discover a thoughtfully designed open-concept floor plan that seamlessly connects spacious living areas for comfort and ease. The elegant primary suite serves as a private retreat, featuring an expansive bath and a generous walk-in closet. Two secondary bedrooms, each with their own baths, provide ample space for guests or family. The well-appointed kitchen is a chef's dream, showcasing gourmet-quality finishes, a large central island perfect for gathering, and a walk-in pantry for abundant storage. Step outside to the expansive outdoor living area accessible from both the great room and the primary suite ideal for entertaining or enjoying tranquil moments. A versatile flex space offers the perfect setting for an office, entertainment room, or hobby studio tailored to your lifestyle needs. Cotino combines natural beauty, charming parks, and the magic of Disney to create a unique and vibrant community -- perfect for beginning your next chapter. Come see for yourself and experience all that this exceptional community has to offer.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2025
Lot Size
9,344 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$550.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
17%
Baths3.03.0
50%
Square foot2,9252,771
53%
Lot Size9,34410,454
40%
Price$2.16M$1.10M
80%
Price per sq ft$737$433
89%
Built year20251999
98%
HOA$550.0$445
66%
Days on market60156
8%

Pricing History

Listed for Sale

Feb 26, 2026

$2,156,040

$2,409,990

-11% Price Drop

Initial Listing

Price Change

Jan 7, 2026

$2,409,990

Initial Listing

Sold

Dec 20, 2024

$1,912,000

Public Record

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