69850 Hwy 111 11, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 1 bed, 1 bath
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Rancho Mirage, California 92270
This Mid-Century Stock Cooperative is listed at $228,000, representing a stable entry point near its $215,225 Fair Market Value. Maintaining a Condition Rating of 4, the interior features vaulted ceilings, while the exterior boasts a premier 750 sq ft private patio. The comprehensive monthly fee provides financial predictability by covering property taxes, high-speed internet, and all utilities. Situated in the gated Desert Braemar 55+ community, this cash-only sanctuary is a perfect match for Retirees or Seasonal Residents prioritizing a maintenance-free lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 69850 Hwy 111 11 Subject | $228,000* List Price | 1 | 1 | 675 | $319 | - |
A 69850 Highway 111 56 Pending | $245,000 List Price | 1 | 2 | 887 | $276 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, this unit is well-maintained and move-in ready, but the kitchen and bathroom show signs of being outdated, consistent with renovations likely 15-30 years ago. The kitchen features older appliances, dated countertops with tiled edges, and backsplash. The bathroom, while clean, has an older shower enclosure and vanity style. The presence of a window AC unit suggests an older cooling system. While functional, a buyer would likely want to undertake minor updates to modernize the interior.
Boasts a 750 sq ft floodlit patio, potentially the largest among 1-bedroom units, featuring mature landscaping, outdoor furniture, and a natural gas BBQ, ideal for indoor-outdoor living.
Monthly fees are highly comprehensive, covering all amenities, maintenance, water, sewer, trash, high-speed internet, premium cable, and significantly, property taxes, offering predictable and extensive living cost coverage.
Residents benefit from a wide array of on-site amenities including a pool/spa, gym, library, workshop, tennis/pickleball courts, putting green, lawn bowling, shuffleboard, and a clubhouse with a kitchen and terrace.
The property requires cash-only purchases, which severely limits the potential buyer pool by excluding those who rely on traditional mortgage financing.
Ownership is structured as a stock cooperative, which is a less common form of property ownership than traditional real estate and may be unfamiliar or less desirable to some buyers.
As a 55+ community, the property's market is restricted to a specific demographic, thereby narrowing the pool of eligible buyers.
What an unbelievable value! Located in the quiet rear part of Desert Braemar, this priceless gem boasts what may be the largest patio out of all of the 1 bedroom units. The paved floodlit 750 sq ft patio contains mature garden and bougainvillea hedge, key lime tree, palm tree, sprinkler system plus patio table, 6 chairs. mid century lounge chair, umbrella & natural gas Weber BBQ. Perfect for indoor outdoor living you will love the space expanding vaulted ceilings, spacious bedroom and charming bath. The cork floored living/dining area has a mirror wall that reflects the patio. The carpeted bedroom has 2 twin beds, mirrored closet doors and a sound-proofed double wall adjoining the neighboring unit.. 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! Each unit has a designated carport with storage above. 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. 55+ community You will LOVE living here!.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 25% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 675 | 1,062.5 | 13% |
| Lot Size | 532,739 | 58,376.625 | 63% |
| Price | $228.0K | $279.9K | 25% |
| Price per sq ft | $338 | $266 | 88% |
| Built year | 1957 | 1958 | 38% |
| HOA | $837.0 | $973 | 38% |
| Days on market | 155 | 157 | 38% |
Mar 3, 2026
$228,000
$234,000
-3% Price Drop
Initial Listing
Nov 18, 2025
$234,000
Initial Listing