70801 Fairway Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 4 bath
70801 Fairway Drive
Rancho Mirage, California 92270
Property Price
SUMMARY
Analysis of 70801 Fairway Drive, Rancho Mirage, California 92270 reveals a Fairly Priced Property with a current list price of $1,795,000 aligned with the estimated $1,804,003 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 70801 Fairway Drive Subject | $1,795,000* List Price | 3 | 4 | 3,050 | $591 | - |
A 5 Terrace Place Sold | $1,525,000 | 3 | 3 | 2,793 | $546 | 0.3 mi |
B 40320 Paseo Del Cerro Sold | $1,850,000 | 4 | 5 | 3,005 | $616 | 0.7 mi |
C 142 Yale Dr. Active | $1,495,900 List Price | 3 | 3 | 3,153 | $474 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1952, this property has undergone extensive and recent renovations, including a 500 sq ft addition in 2019 and numerous modern upgrades. The kitchen features high-end stainless steel energy-efficient appliances, a large island, and updated cabinetry and countertops, all in excellent condition. Bathrooms are also updated, with the pictured one showcasing a modern vanity and tiled shower. Major systems like the roof (foam), AC (3-zone), windows (double-paned), and electrical (owned solar with Tesla Powerwall) are new or recently replaced, meeting current quality and energy efficiency standards. The overall condition reflects a property that has been virtually renewed within the last five years, with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 3050.
- Exceptional Views & Location
The property boasts fabulous panoramic views of the southern mountains, golf course, and pool, situated on the 3rd Fairway of the world-renowned Thunderbird Country Club, and within walking distance to the Clubhouse.
- Historical Provenance
Unique historical significance as the former winter home of famous musician Hoagy Carmichael and NBC President Sylvester Weaver, adding a distinctive narrative and potential value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3050, other record living area = 2876.
- Age of Original Structure
Built in 1952, the core structure is over 70 years old. While extensively upgraded, potential buyers may have concerns about original infrastructure not explicitly mentioned as replaced or updated.
- High Association Fees
The property carries a substantial annual association fee of $6,022, which adds a significant recurring cost to ownership and may deter some buyers.
About 70801 Fairway Drive
Fabulous Views and Provenance too! This upgraded mid-century home on 1/3 acre lot was one of the original Thunderbird Country Club homes located on the 3rd Fairway of this ''world-renowned'' Thunderbird CC golf course. This home was owned by both the famous musician and composer Hoagy Carmichael as well as owned by Sylvester Weaver, first President of NBC who started The Today Show (Father of actress Sigourney Weaver)...this was their winter home. It has wonderful views of the southern mountains from the living areas of the home, the back patio and pool. In 2019 a 500 sq ft addition was added which includes a bedroom/office, full bath and inside laundry room. Features of this home include an open concept living area with architectural beamed ceilings, a huge double wide stone fireplace, a large island for cooking with a breakfast bar, hi-end stainless steel energy efficient appliances, an energy efficient foam roof, leased and owned solar with 25-year warranty and Tesla Powerwall Battery, new insulated garage doors, 3-zone AC units, new double paned windows, Covered patio with electric louvers and lighting, newly resurfaced back patio, mature fruit trees throughout property and water saving desert landscaping with privacy hedges front and back. The spacious master bedroom has lots of storage and there are His and Hers bathrooms with a marble Roman tub in Hers! The large pebble-tec pool has wonderful views of the mountains beyond. There is also a large extra storage area near the garage. Best of all - within walking distance of the Club House.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 14,810 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $6022.0 / Month
Neighborhood Insights
Rancho Mirage Unified Schools
Rancho Mirage Elementary School
Grades K-5 • 1.0 mi
Nellie N. Coffman Middle School
Grades 6-8 • 3.1 mi
Rancho Mirage High
Grades 9-12 • 4.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 53% |
| Square foot | 3,050 | 2,771 | 60% |
| Lot Size | 14,810 | 10,454 | 75% |
| Price | $1.79M | $1.10M | 75% |
| Price per sq ft | $589 | $433 | 80% |
| Built year | 1952 | 1999 | 1% |
| HOA | $6022.0 | $445 | 96% |
| Days on market | 94 | 156 | 16% |
Pricing History
Listed for Sale
Dec 4, 2025
$1,795,000
Initial Listing
Sold
Sep 2, 1999
$265,000
Public Record