69850 Highway 111 56, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 1 bed, 2 bath
69850 Highway 111 56
Rancho Mirage, California 92270
Property Price
SUMMARY
Analysis of 69850 Highway 111 56, Rancho Mirage, California 92270 is currently available with a list price of $245,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Rancho Mirage Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
While the property benefits from a newer mini-split HVAC system, sleek tile flooring throughout, and one updated bathroom with a modern vanity light and tiled walk-in shower, the kitchen features older white appliances and basic countertops. The second bathroom is quite dated with older fixtures and a less appealing aesthetic. The overall condition reflects a property built in 1956 that has received some updates, but not a comprehensive recent renovation, leaving several areas showing signs of being outdated and requiring minor cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Monthly Fee
The co-op monthly fee offers exceptional value by including all amenities, maintenance, water, sewer, trash, high-speed internet, cable (HBO/Showtime), and property taxes, providing significant financial predictability.
- Abundant Community Amenities
Residents enjoy a wide array of resort-style amenities including a pool/spa, gym, library, workshop, tennis/pickleball courts, putting green, lawn bowling, shuffleboard, and a clubhouse with an on-site manager.
- Charming & Upgraded Interior
The unit boasts vaulted beamed ceilings, sleek tile flooring, custom features, plantation shutters, skylights, a built-in gas fireplace, and is uniquely equipped with two bathrooms for its type.
CONSRISKS & DEFICIENCIES
- Cash-Only Purchase Requirement
The property is available for cash sales only, which significantly limits the potential buyer pool by excluding those who require traditional financing.
- Stock Cooperative Ownership Structure
Ownership is via a stock certificate in a co-op, a less common and potentially complex structure compared to traditional real estate, requiring buyers to understand its unique implications.
- Age-Restricted Community (55+)
As a 55+ community, the property's market appeal is restricted to a specific demographic, which can impact the overall buyer pool and potential for future resale.
About 69850 Highway 111 56
Price Reduced! What an amazing value! Rarely available and incredibly charming ''dollhouse'' boasting vaulted beamed ceilings, sleek tile flooring and custom features galore. The only unit of this type with 2 bathrooms. You'll love the plantations shutters, cozy outdoor living spaces, 3 skylights, built-in gas wall fireplace and original checkerboard ceiling design in the great room. Located in a quiet location, this one level home with no steps is close but not too close to the pool & spa. The newer mini-split HVAC system is perfect for lower utility bills plus you have your own interior washer & dryer. Each unit has a designated carport with storage above. Situated on over 12 acres Desert Braemar is a low density co-op community, called the 'hidden gem of the desert'. Every amenity is yours including pool/spa, gym, library, workshop, tennis/pickleball, putting green, lawn bowling, shuffleboard, clubhouse with amazing kitchen and terrace, on site manager M-F. Your co-op monthly fee includes all amenities, maintenance, water, sewer, trash, Spectrum high speed internet plus cable including HBO and Showtime AND YOUR PROPERTY TAXES! 55+ community. Desert Braemar is a Stock Cooperative and each owner is issued a 'stock certificate granting a specific number of shares of the complex with exclusive use of a particular unit. Cash sales only. Better hurry on this one before it gets away!
Property Details
Public Facts
- Property Type
- Stock Cooperative
- Year Built
- 1956
- Lot Size
- 532,739 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1001.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 17% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 887 | 1,062.5 | 17% |
| Lot Size | 532,739 | 58,376.625 | 67% |
| Price | $245.0K | $279.9K | 17% |
| Price per sq ft | $276 | $271 | 50% |
| Built year | 1956 | 1958 | 17% |
| HOA | $1001.0 | $998 | 50% |
| Days on market | 113 | 118 | 50% |
Pricing History
Listed for Sale
Jan 6, 2026
$245,000
$255,000
-4% Price Drop
Initial Listing
Price Change
Nov 15, 2025
$255,000
Initial Listing