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65 Shoreline Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 3 bath

65 Shoreline Drive, Rancho Mirage, California 92270 home-pic-0
ACTIVE$1,099,000
65 Shoreline Drive, Rancho Mirage, California 92270
4Beds
3Baths
2,102Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($1,018,959.98) is $80,040.02 (7%) lower than the list price ($1,099,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Lakefront Location & Views: The property boasts a rare lakefront position with stunning views of the lake, desert mountains, and a spectacular waterfall, enhancing its appeal and value.
Top Cons:
Smaller Lot Size for Luxury Segment: At 5,663 sqft, the lot size may be considered modest for a property described as an 'estate' in the Rancho Mirage luxury market, potentially limiting expansive outdoor living or future additions.

Compared to the nearby listings

Price:$1.10M vs avg $1.09M (+$9,500)50%
Size:2,102 sqft vs avg 2,895.5 sqft19%
Price/sqft:$523 vs avg $42278%

More Insights

Built in 2004 (21 years old).
Condition: Built in 2004, this property has undergone a 'complete renovation' with 'brand new flooring,' 'fresh paint throughout,' 'renovated kitchen,' and 'new lighting fixtures.' The images confirm a modern aesthetic with light wood-look flooring, contemporary light fixtures, and updated white cabinetry in the kitchen and bathrooms. While the kitchen features black appliances and the master bath appears to have granite rather than the stated Calacatta quartz, these are minor details given the extensive and recent upgrades. The property is move-in ready, highly upgraded with smart home features, and shows virtually no deferred maintenance, aligning with the 'excellent' criteria for a recently and extensively renovated home.
Year Built
2004
Close
-
List price
$1.1M
Original List price
$1.17M
Price/Sqft
$523
HOA
$380
Days on market
-
Sold On
-
MLS number
219135719DA
Home ConditionExcellent
Features
Excellent View: Park/Greenbelt, Lake, Mountain(s), Panoramic, Water
Pool
Spa
Patio
ViewPark/Greenbelt, Lake, Mountain(s), Panoramic, Water

About this home

PRICE IMPROVEMENT $70,000 REDUCTION - THIS IS YOUR CHANCE to buy this lakefront 4BR/3BA (plus office) estate in Rancho Mirage comes designer furnished! It blends the rare beauty of a tranquil lake with the stunning backdrop of desert mountains and spectacular waterfall. This luxury retreat has been completely renovated with brand new flooring, fresh paint throughout, Calacatta quartz bathrooms, renovated kitchen, custom artwork, new lighting fixtures, and more. All designer furniture and big screen TVs are included. The resort backyard has a custom pool/spa, bbq, and new artificial grass for no maintenance. This desert lakehouse has many smart home features (Nest thermostats, keyless digital entry, etc) and an EV charger in the garage. No expense spared on this highly upgraded home with an attached casita. Between the top-of-the-line renovations and premium designer furnishings, this home is at the nexus of luxury and comfort. This gated community has amenities galore including beautiful common grounds, basketball courts, parks, pet areas, and much more. Equal distance to downtown Palm Springs and El Paseo, and close proximity to the airport, golf courses, hiking trails and all that the Valley has to offer. The low HOA fee at Mission Shores includes front yard maintenance, an upgraded Spectrum TV package, 1 gig Internet speed and well-funded reserves. This home is great as a luxury primary residence, 1031 exchange, or profitable seasonal rental.

Nearby schools

4/10
Cathedral City Elementary School
Public,•K-5•0.4mi
6/10
Rancho Mirage Elementary School
Public,•K-5•4.0mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•0.1mi
6/10
Cathedral City High School
Public,•9-12•0.6mi
4/10
Desert Learning Academy
Public,•K-12•4.4mi
Condition Rating
Excellent
Built in 2004, this property has undergone a 'complete renovation' with 'brand new flooring,' 'fresh paint throughout,' 'renovated kitchen,' and 'new lighting fixtures.' The images confirm a modern aesthetic with light wood-look flooring, contemporary light fixtures, and updated white cabinetry in the kitchen and bathrooms. While the kitchen features black appliances and the master bath appears to have granite rather than the stated Calacatta quartz, these are minor details given the extensive and recent upgrades. The property is move-in ready, highly upgraded with smart home features, and shows virtually no deferred maintenance, aligning with the 'excellent' criteria for a recently and extensively renovated home.
Pros & Cons

Pros

Prime Lakefront Location & Views: The property boasts a rare lakefront position with stunning views of the lake, desert mountains, and a spectacular waterfall, enhancing its appeal and value.
Extensive Recent Renovation & High-End Finishes: Completely renovated with brand new flooring, fresh paint, Calacatta quartz bathrooms, and a renovated kitchen, offering a modern and luxurious living experience.
Turnkey & Fully Furnished: Includes all designer furniture and big-screen TVs, making it a move-in ready home or an attractive, immediate income-generating seasonal rental.
Resort-Style Outdoor Living: The private backyard features a custom pool/spa, BBQ area, and new artificial grass, providing a low-maintenance, luxurious outdoor entertainment space.
Desirable Community Amenities & Low HOA: Located in a gated community with extensive amenities (basketball courts, parks, pet areas) and a low HOA fee covering front yard maintenance, high-speed internet, and TV.

Cons

Smaller Lot Size for Luxury Segment: At 5,663 sqft, the lot size may be considered modest for a property described as an 'estate' in the Rancho Mirage luxury market, potentially limiting expansive outdoor living or future additions.
Multiple Price Reductions: The property has seen several price reductions from its original listing, which could suggest initial overpricing or a longer market time, potentially impacting buyer perception of value.
Attached Casita Configuration: While a casita is an asset, its 'attached' nature might offer less privacy compared to a detached casita, which some luxury buyers or potential renters may prefer.

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