
Rancho Mirage, California 92270
This Fee Simple Condominium serves as a strategic low-barrier entry into a premium desert enclave with a List Price of $230,000, reflecting a stable valuation near its $220,284 Fair Market Value. The property maintains a Fair Condition Rating, offering significant upside through cosmetic modernization of its vintage interior and private outdoor patio. Recent capital expenditures include a New AC System and Water Heater, while the location provides Mountain Views and proximity to the future Disney 'Storyliving' development. This Value-Add Asset is perfectly suited for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 69738 Campana Court Subject | $230,000* List Price | 1 | 1 | 780 | $282 | - |
A 35535 Graciosa Court Sold | $284,000 | 2 | 2 | 999 | $284 | 0.1 mi |
B 69723 Encanto Court Sold | $290,000 | 2 | 2 | 999 | $290 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with significant recent mechanical upgrades, including a new AC system and water heater. However, the interior remains largely in its original 1975 state; the kitchen features vintage oak cabinetry, laminate countertops, and dated fluorescent lighting, while the bathroom and popcorn ceilings also reflect the home's age. It fits the 'fair' category as a functional, aged home that requires cosmetic modernization to meet current market standards.
Unlike many properties in the Coachella Valley situated on leased land, this condo is owned fee simple, offering greater investment security and easier financing options for buyers.
The property features significant recent capital improvements, including a new AC system, water heater, and dishwasher all installed within the last two years, reducing immediate maintenance concerns.
Located in a gated community, the property offers resort-style living with access to five pools, pickleball and tennis courts, and proximity to the upcoming Disney 'Storyliving' development.
With a 'vintage' kitchen and 20 years of single-owner occupancy, the unit likely requires cosmetic modernization and renovations to meet current market standards and buyer expectations.
At $605 per month, the association fees are relatively high for a one-bedroom unit, which may impact the debt-to-income ratio for some buyers and overall rental yield for investors.
Ideal opportunity to own a condo in Rancho Mirage on fee simple (not leased land) property in the idyllic and picturesque gated community known as Mountain View Villas. Beautiful lush green spaces, walking paths, and gorgeous landscaping throughout the property. Mountain views provide an atmosphere you will never want to leave! First time on the market in 20 years, this rare one bedroom property is spacious, light and comfortable in all seasons. This unit has had all mechanicals updated in last 2 years including AC, water heater and dish washer. The kitchen has a vintage feel and has an eating bar and adjacent space for dining. The living space is expansive, and the bedroom and closet are as well. The outdoor patio is private and opens to your covered parking space. Conveniently located off of Gerald Ford Dr, this property is minutes from Cotino, the New Storyliving by Disney development, and close to all shopping and amenities that Rancho Mirage has to offer, while also a short drive to downtown Palm Springs and the airport. Amenites included are five pools and spas, pickle ball and tennis courts and a club house with a party and meeting space, a small library and guest parking. This home has been lovingly enjoyed and it is time for a new owner to take the reins. Whether you are a seasonal visitor or a full time resident there is no better place to be for the price and amenities!HOA fees include: Internet/cable, Trash, Exterior and roof maintenance, Landscaping, Pools, Clubhouse, tennis and pickleball courts, gated entry.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 3.6 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 7% |
| Baths | 1.0 | 2.0 | 2% |
| Square foot | 780 | 1,770 | 2% |
| Lot Size | 1,307 | 2,614 | 31% |
| Price | $230.0K | $570.0K | 2% |
| Price per sq ft | $295 | $324 | 33% |
| Built year | 1975 | 1979 | 32% |
| HOA | $605.0 | $830 | 17% |
| Days on market | 46 | 153 | 4% |
Mar 8, 2026
$230,000
Initial Listing
Jun 7, 2006
$176,000
Public Record
Aug 14, 1998
$45,000
Public Record