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70305 Chappel Road, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath

70305 Chappel Road, Rancho Mirage, California 92270 home-pic-0
ACTIVE$1,075,000
70305 Chappel Road, Rancho Mirage, California 92270
3Beds
3Baths
1,809Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($613,576.27) is $461,423.73 (42%) lower than the list price ($1,075,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Modern Renovation: The property has undergone a comprehensive remodel, including a full kitchen with high-end Italian appliances, all bathrooms, new flooring, upgraded lighting, a new electrical panel, and double-paned sliding doors, ensuring a modern and updated living experience.
Top Cons:
Significant Discrepancy in Estimated Value: The listing price of $1,075,000 is substantially higher than the property's estimated value of $613,576.27, suggesting a potential overvaluation that could impact marketability and financing.

Compared to the nearby listings

Price:$1.07M vs avg $1.08M ($-5,000)49%
Size:1,809 sqft vs avg 2,895.5 sqft11%
Price/sqft:$594 vs avg $42283%

More Insights

Built in 1978 (47 years old).
Condition: Despite being built in 1978, this property has undergone an extensive and recent renovation, as explicitly stated in the description and confirmed by the images. The kitchen features a full remodel with high-end Italian appliances, new quartz countertops, and modern cabinetry. All bathrooms have been redesigned with new vanities, toilets, showers, and fixtures, presenting a contemporary and pristine condition. New flooring throughout, upgraded lighting, new double-paned sliding glass doors, and a new electrical panel further contribute to its virtually new state, meeting current quality standards with no deferred maintenance.
Year Built
1978
Close
-
List price
$1.07M
Original List price
$1.07M
Price/Sqft
$594
HOA
-
Days on market
-
Sold On
-
MLS number
219129173DA
Home ConditionExcellent
Features
Excellent View: Mountain(s), Panoramic, Pool
Pool
Patio
ViewMountain(s), Panoramic, Pool

About this home

This south-facing, Mid-Century Modern-inspired home in the coveted Tamarisk area of Rancho Mirage has been impeccably maintained and thoughtfully upgraded. Since taking ownership, the current owners have completed a series of enhancements: a full kitchen remodel and reconfiguration featuring high-end Italian appliances, new quartz countertops, new cabinetry, and decorative tiled walls; installation of gorgeous new flooring throughout; upgraded interior lighting with most fixtures on dimmers; installation of five double-paned sliding glass doors along with multiple new window treatments; a new electrical panel; redesign of all bathrooms with new vanities, toilets, showers, fixtures, and exhaust fans, and fresh interior and exterior paint. The residence offers sweeping mountain vistas that can be enjoyed from both inside and out, an open-concept design, abundant natural light, and low-maintenance living with professionally installed desert scape and turf -- ideal for either full-time or seasonal enjoyment. The historic Tamarisk area is celebrated for its notable architecture, relaxed lifestyle, and proximity to Tamarisk Country Club along with a variety of dining and shopping options.

Condition Rating
Excellent
Despite being built in 1978, this property has undergone an extensive and recent renovation, as explicitly stated in the description and confirmed by the images. The kitchen features a full remodel with high-end Italian appliances, new quartz countertops, and modern cabinetry. All bathrooms have been redesigned with new vanities, toilets, showers, and fixtures, presenting a contemporary and pristine condition. New flooring throughout, upgraded lighting, new double-paned sliding glass doors, and a new electrical panel further contribute to its virtually new state, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive Modern Renovation: The property has undergone a comprehensive remodel, including a full kitchen with high-end Italian appliances, all bathrooms, new flooring, upgraded lighting, a new electrical panel, and double-paned sliding doors, ensuring a modern and updated living experience.
Coveted Tamarisk Location: Situated in the historic and desirable Tamarisk area of Rancho Mirage, known for its notable architecture, relaxed lifestyle, and convenient proximity to the Tamarisk Country Club, dining, and shopping.
Sweeping Mountain Views: Offers picturesque mountain vistas from both interior and exterior spaces, enhancing the property's aesthetic appeal and value.
Mid-Century Modern Inspired Design: The home's architectural style is inspired by Mid-Century Modern design, a highly sought-after aesthetic in the region, contributing to its unique character.
Low-Maintenance Outdoor Living: Features professionally installed desert scape and turf, providing an attractive yet easy-to-maintain outdoor environment ideal for the desert climate.

Cons

Significant Discrepancy in Estimated Value: The listing price of $1,075,000 is substantially higher than the property's estimated value of $613,576.27, suggesting a potential overvaluation that could impact marketability and financing.
Lack of Specific HVAC Information: While extensive upgrades are noted, there is no mention of the heating, ventilation, and air conditioning (HVAC) system's age or condition, which is a critical component for comfort and energy efficiency in the desert climate.
Older Construction Year: Despite significant renovations, the home was originally built in 1978, which means some underlying systems or structural elements may still be original or older, potentially requiring future maintenance or upgrades not covered by the recent cosmetic and electrical panel updates.

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