70 Columbia Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath

70 Columbia Drive, Rancho Mirage, California 92270 home-pic-0
ACTIVE$1,299,000
70 Columbia Drive, Rancho Mirage, California 92270
3Beds
3Baths
2,820Sqft
5,662Lot

Price Vs. Estimate

The estimated value ($1,127,600.475) is $171,399.525 (13%) lower than the list price ($1,299,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prestigious Location & Community: Situated within 'The Springs Country Club' in Rancho Mirage, offering a luxurious country club lifestyle with proximity to high-end dining, shopping, and entertainment in the Coachella Valley.
Top Cons:
Substantial Monthly Association Fees: The high monthly association fee of $1,709 could be a significant deterrent for potential buyers, impacting affordability and long-term ownership costs.

Compared to the nearby listings

Price:$1.30M vs avg $1.09M (+$209,000)63%
Size:2,820 sqft vs avg 2,895.5 sqft47%
Price/sqft:$461 vs avg $42266%

More Insights

Built in 1983 (42 years old).
Condition: The property was built in 1983, making it 41 years old. While the exterior image shows a well-maintained property with good landscaping, there are no interior images or descriptions of recent renovations. Without specific details on updates to the kitchen, bathrooms, appliances, or other interior systems, it's highly probable that these areas would be outdated in style and features, even if functional. This age typically requires minor to moderate updates to meet current standards, fitting the 'Fair' condition criteria where major components are functional but show signs of being outdated.
Year Built
1983
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$461
HOA
$1,709
Days on market
-
Sold On
-
MLS number
219127392PS
Home ConditionFair
Features
Excellent View: Golf Course, Hills, Mountain(s), Panoramic, Pool
Patio
ViewGolf Course,Hills,Mountain(s),Panoramic,Pool

About this home

This home is country club living on a GRAND scale. The Springs Country Club is centrally located close the finest Dining, Shopping, and Entertainment in the Coachella Valley. The Springs where WE belong!!

Nearby schools

6/10
Rancho Mirage Elementary School
Public,K-51.5mi
3/10
Nellie N. Coffman Middle School
Public,6-82.9mi
5/10
Rancho Mirage High
Public,9-124.2mi
4/10
Desert Learning Academy
Public,K-127.0mi
Condition Rating
Fair

The property was built in 1983, making it 41 years old. While the exterior image shows a well-maintained property with good landscaping, there are no interior images or descriptions of recent renovations. Without specific details on updates to the kitchen, bathrooms, appliances, or other interior systems, it's highly probable that these areas would be outdated in style and features, even if functional. This age typically requires minor to moderate updates to meet current standards, fitting the 'Fair' condition criteria where major components are functional but show signs of being outdated.
Pros & Cons

Pros

Prestigious Location & Community: Situated within 'The Springs Country Club' in Rancho Mirage, offering a luxurious country club lifestyle with proximity to high-end dining, shopping, and entertainment in the Coachella Valley.
Exceptional Multi-faceted Views: Boasts desirable views including Golf Course, Hills, Mountains, Panoramic vistas, and Pool, significantly enhancing the property's appeal and value.
Generous Living Space: A spacious 2,820 sqft layout with 3 bedrooms and 3 bathrooms provides ample room for comfortable living and entertaining.
Desirable School District Access: Proximity to highly-rated public schools like Rancho Mirage Elementary (rating 6) and Rancho Mirage High (rating 5) is attractive for families.
Established Luxury Subdivision: Being part of 'The Springs C.C.' implies a well-maintained, upscale environment with potential for exclusive community amenities.

Cons

Substantial Monthly Association Fees: The high monthly association fee of $1,709 could be a significant deterrent for potential buyers, impacting affordability and long-term ownership costs.
Property Age & Potential for Updates: Built in 1983, the home may require significant updates to its interior finishes, systems, or overall aesthetic to meet current luxury market expectations, especially given the high price point.
Lack of Specific Renovation Details: The description does not highlight any recent major renovations or modernizations, which could lead buyers to assume the property is largely original and may require immediate investment.

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