7 Lake Como, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath

7 Lake Como, Rancho Mirage, California 92270 home-pic-0
ACTIVE$729,900
7 Lake Como, Rancho Mirage, California 92270
3Beds
3Baths
1,928Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($704,181.675) is $25,718.325 (3%) lower than the list price ($729,900). This property may be overpriced.

Key pros and cons

Top Pros:
Lakefront Location & Views: The property offers peaceful lakefront living with large windows capturing scenic lake and mountain views, enhancing its appeal and tranquility.
Top Cons:
High Association Fees: The property carries a significant monthly association fee of $380, which adds to the overall cost of ownership and should be factored into budgeting.

Compared to the nearby listings

Price:$729.9K vs avg $1.08M ($-350,100)14%
Size:1,928 sqft vs avg 2,895.5 sqft15%
Price/sqft:$379 vs avg $42034%

More Insights

Built in 2005 (20 years old).
Condition: The property, built in 2005, is 19 years old and falls within the 'Good' condition age range. It is explicitly described as 'well-maintained,' which is supported by the images showing clean and functional spaces. The kitchen features granite countertops and stainless steel appliances, which are in good condition, though the cabinet style and main living area tile flooring reflect the home's original build era rather than a recent modern renovation. Bathrooms are also clean, functional, and well-maintained with granite countertops. There are no immediate renovation requirements, and major systems appear to be functional with minimal wear and tear, aligning with the criteria for a 'Good' score.
Year Built
2005
Close
-
List price
$730K
Original List price
$730K
Price/Sqft
$379
HOA
$380
Days on market
-
Sold On
-
MLS number
SR25231987
Home ConditionGood
Features
Excellent View: Lake, Mountain(s)
Patio
ViewLake, Mountain(s)

About this home

Enjoy peaceful lakefront living in the gated community of Mission Shores at Lake Mirage. This well-maintained 3-bedroom, 3-bath home features an open layout with a spacious great room, fireplace, and large windows capturing lake and mountain views. The kitchen offers granite countertops, a breakfast bar, and generous cabinet space. One of the bedrooms includes a private entrance, ideal for guests, an office, or flexible use. Outdoor space provides a tranquil setting overlooking the water—perfect for relaxing or entertaining. Additional highlights include a two-car garage, tile flooring, and access to community pools, walking paths, and scenic lakes. Conveniently located near shopping, dining, golf, and the new Disney Cotino Storyliving community, offering future resort-style amenities and entertainment nearby. Seller is very motivated.

Nearby schools

4/10
Cathedral City Elementary School
Public,K-50.5mi
6/10
Rancho Mirage Elementary School
Public,K-54.1mi
3/10
Nellie N. Coffman Middle School
Public,6-80.1mi
6/10
Cathedral City High School
Public,9-120.5mi
4/10
Desert Learning Academy
Public,K-124.4mi
Condition Rating
Good

The property, built in 2005, is 19 years old and falls within the 'Good' condition age range. It is explicitly described as 'well-maintained,' which is supported by the images showing clean and functional spaces. The kitchen features granite countertops and stainless steel appliances, which are in good condition, though the cabinet style and main living area tile flooring reflect the home's original build era rather than a recent modern renovation. Bathrooms are also clean, functional, and well-maintained with granite countertops. There are no immediate renovation requirements, and major systems appear to be functional with minimal wear and tear, aligning with the criteria for a 'Good' score.
Pros & Cons

Pros

Lakefront Location & Views: The property offers peaceful lakefront living with large windows capturing scenic lake and mountain views, enhancing its appeal and tranquility.
Gated Community & Amenities: Located within the desirable Mission Shores gated community, residents have access to community pools, walking paths, and scenic lakes, providing a resort-like lifestyle.
Prime Location & Future Growth: Conveniently situated near shopping, dining, golf, and the upcoming Disney Cotino Storyliving community, promising future resort-style amenities and entertainment nearby.
Well-Maintained & Functional Layout: This well-maintained home features an open layout with a spacious great room, a fireplace, and a kitchen equipped with granite countertops and a breakfast bar.
Flexible Living Space: One of the bedrooms includes a private entrance, offering versatile use as a guest suite, home office, or for other flexible living arrangements.

Cons

High Association Fees: The property carries a significant monthly association fee of $380, which adds to the overall cost of ownership and should be factored into budgeting.
Motivated Seller Indication: The explicit mention of a 'very motivated seller' could suggest a less competitive market position or a need for a quick sale, potentially implying a need for price negotiation or a perceived challenge in the property's appeal.
Absence of Private Pool/Spa: While community pools are available, the lack of a private pool or spa on the property might be a drawback for buyers seeking exclusive outdoor amenities, especially in the Rancho Mirage climate.

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