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70854 Fairway Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath

70854 Fairway Drive, Rancho Mirage, California 92270 home-pic-0
ACTIVE$2,750,000$3,760/sqft
Est. Value: $2,690,751
-2%
FairlyEstimate
70854 Fairway Drive, Rancho Mirage, California 92270
3Beds
3Baths
3,760Sqft
18,295Lot

Price Vs. Estimate

The estimated value ($2,690,750.545) is $59,249.455 (2%) lower than the list price ($2,750,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 18295, living area = 3760.
Top Cons:
Age of Property: Built in 1953, while extensively updated, the underlying original structure may present potential long-term maintenance considerations typical of older homes.

Compared to the nearby listings

Price:$2.75M vs avg $1.06M (+$1,685,000)88%
Size:3,760 sqft vs avg 2,886 sqft76%
Price/sqft:$731 vs avg $41890%

More Insights

Built in 1953 (73 years old).
Condition: Despite being built in 1953, this property has undergone an extensive and recent renovation, bringing it to a virtually new condition. The description highlights 'extensive updates,' 'new interior and exterior paint,' 'updated bathrooms,' 'new doors,' 'new finishes,' 'complete bathroom remodel,' and '90+ new lights.' The kitchen is a 'showstopper' with top-of-the-line Wolf/Sub-Zero appliances, custom cabinetry, quartz countertops, and a unique Vetrazzo waterfall island, all appearing brand new in the images. Bathrooms are modern and luxurious, including a 'spa-style' primary bath. Flooring is new, modern wood-look tile and large format tile throughout. Major systems like the three A/C zones and a newer roof are mentioned, along with significant investment in the outdoor pool and courtyard. All components meet current quality standards with no deferred maintenance visible, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Year Built
1953
Close
-
List price
$2.75M
Original List price
$2.75M
Price/Sqft
$731
HOA
$6,721
Days on market
-
Sold On
-
MLS number
219141556PS
Home ConditionExcellent
Features
Excellent View: Golf Course, Mountain(s)
Pool
Spa
Patio
ViewGolf Course,Mountain(s)

About this home

TURNKEY, FURNISHED!!! REDUCED!! Breathtaking views from every room! This stunning estate has undergone extensive updates, including new interior and exterior paint, updated bathrooms, new doors, new finishes, and a complete bathroom remodel and 90+ new lights throughout this breathtaking home on an exclusive Thunderbird lot--giving it a completely fresh, modern look! Originally designed by renowned architect William F. Cody (original blueprints available) and built by Thunderbird developer Johnny Dawson, this nearly 4,000 sq. ft. home sits on one of the finest lots in Thunderbird Estates, with breathtaking views of the 9th fairway at Thunderbird C Club. The home features 3 beds, 3 baths, a spacious living room, dining area, and an air-conditioned 3-car garage. The chef's kitchen is a true showstopper, featuring a large waterfall island, custom cabinetry, and top-of-the-line Wolf/Sub-Zero appliances. It opens to a beautifully upgraded courtyard with a 40-foot saltwater pool & spa, outdoor fireplace, and generous entertaining space--all surrounded by panoramic mountain views. A dramatic 16-foot entrance foyer with an oversized skylight floods the home with natural light. The kitchen is fully outfitted with a Sub-Zero side-by-side refrigerator/freezer, Wolf dual-fuel range with 6-burner gas cooktop and charbroiler, double ovens, Wolf range hood, Hansgrohe pot-filler, Wolf microwave, Wolf steam oven, Bosch dishwasher, dual-temp wine fridge, and custom cabinetry. The waterfall island is made from Vetrazzo recycled blue glass, paired with quartz countertops, a custom 30'' x 17'' quartz sink, a stainless salad sink, and a striking cobalt-blue glass subway tile backsplash. Each bedroom is ensuite. The spacious primary suite includes a private office, spa-style bathroom, two walk-in closets with custom cabinetry, and an additional large mirrored closet. A guest casita with a private entrance offers added flexibility and comfort. Additional features include a high-capacity LG washer/dryer, three A/C zones, an air-conditioned 3-car garage with epoxy floors and built-in workshop cabinets, and a hot water return system for near-instant hot water. The home is equipped with leased solar panels (56 panels, 3 inverters), a newer roof, and fresh exterior paint to enhance energy efficiency. Over $250K was invested in the pool/courtyard alone, and recent upgrades total nearly $200K. This home perfectly blends iconic mid-century architecture with modern luxury!

K
Kathi Jesse
Listing Agent

Nearby schools

6/10
Rancho Mirage Elementary School
Public,•K-5•1.0mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•3.1mi
5/10
Rancho Mirage High
Public,•9-12•4.7mi
4/10
Desert Learning Academy
Public,•K-12•6.8mi

Price History

Date
Event
Price
04/12/13
Sold
$1,095,000
Condition Rating
Excellent
Despite being built in 1953, this property has undergone an extensive and recent renovation, bringing it to a virtually new condition. The description highlights 'extensive updates,' 'new interior and exterior paint,' 'updated bathrooms,' 'new doors,' 'new finishes,' 'complete bathroom remodel,' and '90+ new lights.' The kitchen is a 'showstopper' with top-of-the-line Wolf/Sub-Zero appliances, custom cabinetry, quartz countertops, and a unique Vetrazzo waterfall island, all appearing brand new in the images. Bathrooms are modern and luxurious, including a 'spa-style' primary bath. Flooring is new, modern wood-look tile and large format tile throughout. Major systems like the three A/C zones and a newer roof are mentioned, along with significant investment in the outdoor pool and courtyard. All components meet current quality standards with no deferred maintenance visible, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

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 = 18295, living area = 3760.
Panoramic Views & Prime Location: The property offers breathtaking panoramic views of the 9th fairway and mountains from every room, situated on one of the finest lots in the exclusive Thunderbird Estates.
Extensive Modern Renovation: Significant recent investments (nearly $200K) have transformed the estate with new paint, updated bathrooms, doors, finishes, and lighting, presenting a fresh, modern aesthetic.
Iconic Mid-Century Architecture: Originally designed by renowned architect William F. Cody and built by Johnny Dawson, the home offers a unique blend of historical significance and modern luxury.
Gourmet Chef's Kitchen: Features a show-stopping kitchen with a large waterfall island, custom cabinetry, and top-of-the-line Wolf/Sub-Zero appliances, ideal for culinary enthusiasts.
Luxurious Outdoor Oasis & Amenities: An upgraded courtyard includes a 40-foot saltwater pool & spa, outdoor fireplace, generous entertaining space (over $250K invested), three A/C zones, and an air-conditioned 3-car garage.

Cons

Age of Property: Built in 1953, while extensively updated, the underlying original structure may present potential long-term maintenance considerations typical of older homes.
Leased Solar Panels: The property features leased solar panels, which may require a buyer to assume the lease agreement and could impact financing or resale for some.
High Annual Association Fees: A substantial annual association fee of $6,721 adds a significant recurring cost to homeownership.
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