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71519 Biskra Road, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 3 bath

71519 Biskra Road, Rancho Mirage, California 92270 home-pic-0
ACTIVE$1,299,000
71519 Biskra Road, Rancho Mirage, California 92270
4Beds
3Baths
2,645Sqft
13,068Lot
Year Built
1961
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$491
HOA
-
Days on market
-
Sold On
-
MLS number
219131618DA
Home ConditionFair
Features
Good View: Mountain(s), Pool, Valley
Pool
Patio
ViewMountain(s), Pool, Valley

About this home

Possibly Over-Priced:The estimated price is 60% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.30M(63th), sqft - 2645(42th), beds - 4(64th), baths - 3(50th).

Classic Mid-Century home in the highly sought after Magnesia Falls Cove in Rancho Mirage. Four bedrooms and three baths in over 2600 sqft of living area, plus two car garage on a south facing mountain view,13,000+ lot.Huge rear facing windows accentuate the mid century design with multiple sliders to rear yard from living, kitchen, master and fourth bedroom. Fireplace in living area as well as tile floors throughout the home. The kitchen has been remodeled as well as the master bath. Home has been recently painted inside and out. The rear yard is magnificent with large pool, built in BBQ and gas fire pit area. The home is equipped with both central heating and A/C as well as wall A/C units. There is a large solar system which is leased.

Nearby schools

6/10
Rancho Mirage Elementary School
Public,•K-5•0.5mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•4.6mi
5/10
Rancho Mirage High
Public,•9-12•6.1mi
4/10
Desert Learning Academy
Public,•K-12•8.2mi
Condition Rating
Fair
The property, built in 1961, has undergone some renovations, including a remodeled kitchen and master bath, and has been recently painted. While these updates are positive, the style of the kitchen backsplash and the dated vanity lighting in the master bathroom suggest these remodels may not be very recent or align with current modern aesthetics. The hexagonal tile flooring throughout, while clean, also contributes to an older feel. The mention of 'wall A/C units' alongside central heating and A/C could indicate an older or less efficient HVAC system. Overall, the home is well-maintained and functional, but many components show signs of being outdated and would likely require further minor updates to meet contemporary standards, fitting the 'Fair' category.
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 = 13068, living area = 2645.
Desirable Location & Architectural Style: A classic Mid-Century home situated in the highly sought-after Magnesia Falls Cove in Rancho Mirage, appealing to buyers looking for iconic design and a prime neighborhood.
Extensive Outdoor Living: The magnificent rear yard features a large pool, built-in BBQ, and a gas fire pit area, creating an ideal space for relaxation and entertaining.
Recent Upgrades & Maintenance: The kitchen and master bath have been remodeled, and the home has been recently painted inside and out, indicating good upkeep and modern touches in key areas.
Spacious Interior & Generous Lot: Offering over 2600 sqft of living area with 4 bedrooms and 3 baths, on a substantial 13,000+ sqft south-facing lot, providing ample space both indoors and out.
Views & Natural Light: Features huge rear-facing windows and multiple sliders, enhancing the Mid-Century design and offering desirable mountain, pool, and valley views with abundant natural light.

Cons

Significant Valuation Discrepancy: The listing price of $1,299,000 is substantially higher than the estimated property value of approximately $517,295, indicating a potential overpricing issue.
Leased Solar System: The presence of a leased solar system means ongoing monthly payments or a contract transfer for the buyer, which can be a financial consideration.
Age of Property & Potential for Further Updates: Built in 1961, while charming, the property's age may suggest that other systems (e.g., plumbing, electrical, windows beyond the main living areas) could be original and may require future updates or maintenance not covered by recent remodels.

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