
Rancho Mirage, California 92270
This Turnkey Desert Contemporary Townhome is a High-Potential Investment Opportunity, listed at $399,900—positioned well below the $465,668 Fair Market Value by 14%. This valuation gap offers $65,768 in Instant Equity. Featuring a Condition Rating of 2, the residence includes a remodeled kitchen, new flooring, and striking mountain views. Located near the Omni Rancho Las Palmas, this property is an ideal fit for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, low-maintenance desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 71891 Eleanora Lane Subject | $399,900* List Price | 2 | 2 | 1,384 | $336 | - |
A 19 Granada Dr Sold | $460,000 | 2 | 2 | 1,320 | $348 | 0.6 mi |
B 31 Malaga Drive Sold | $450,000 | 2 | 2 | 1,320 | $341 | 0.3 mi |
C 60 La Ronda Drive Sold | $479,000 | 2 | 2 | 1,320 | $363 | 0.7 mi |
D 77 Marbella Drive Sold | $475,000 | 2 | 2 | 1,270 | $374 | 0.7 mi |
E 71824 Eleanora Lane Sold | $319,000 | 3 | 3 | 1,384 | $230 | 0.1 mi |
F 53 Marbella Drive Sold | $470,000 | 2 | 2 | 1,270 | $370 | 0.7 mi |
G 175 Torremolinos Drive Sold | $425,000 | 2 | 2 | 1,270 | $335 | 1.0 mi |
H 71965 Eleanora Lane Active | $375,000 List Price | 2 | 2 | 1,384 | $271 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel featuring a modern kitchen with quartz countertops and soft-close cabinetry, fully updated bathrooms with a soaking tub and walk-in shower, new tile flooring, and a new water heater installed in 2025.
The residence features extensive high-end updates including a remodeled kitchen with quartz countertops, new 12x24 tile flooring, and fully reimagined bathrooms, offering a sophisticated, move-in-ready experience.
Ideally situated across from the Omni Rancho Las Palmas Resort and moments from The River and El Paseo, providing unparalleled access to premier dining, shopping, and entertainment.
The upper-level primary retreat includes a private patio that offers striking views of the San Jacinto and Santa Rosa Mountains, significantly enhancing the property's aesthetic appeal.
The monthly association fee of $650.32 is relatively high, which may impact the overall affordability and appeal for budget-conscious buyers despite the included utilities.
Originally constructed in 1977, the property may require ongoing attention to aging infrastructure or common area elements typical of a nearly 50-year-old development.
Coming Soon! California Desert Contemporary architecture sets the tone at gated Desert Village in Rancho Mirage, where private courtyards, mature landscaping, and greenbelts create a distinctly relaxed residential setting. This remodeled townhome-style residence presents an ideal desert pied--terre, seasonal escape, or full-time home in one of the valley's most convenient locations. Tall ceilings and an architectural clerestory window define the main living area, filling the space with natural light and creating an airy sense of volume. Sliding doors open to a private patio, extending the living space outdoors and providing an inviting setting for morning coffee, outdoor dining, or evening relaxation. The remodeled kitchen blends style and function with quartz countertops, designer backsplash, white soft-close cabinetry, newer appliances, and abundant workspace. New 12x24 tile flooring, smooth-coat walls, and LED lighting continue throughout the main level, creating a fresh and cohesive look. The flexible floor plan provides excellent separation of bedrooms, with a guest bedroom and full bath on the main level and the primary suite occupying the upper floor. Upstairs, the spacious primary retreat enjoys direct access to a private patio with striking San Jacinto and Santa Rosa Mountain views. Both bathrooms have been beautifully updated, including a reimagined primary bath featuring a walk-in shower, soaking tub, dual-sink vanity, and generous closet area. A new water heater was installed in 2025. Desert Village residents enjoy three pools and spas, tennis courts, beautifully maintained grounds, and HOA coverage that includes master building insurance along with cable TV, internet, water, trash, landscaping, and irrigation. An outstanding Rancho Mirage location directly across from Omni Rancho Las Palmas Resort & Spa and moments from The River at Rancho Mirage with its restaurants, shopping, and cinema. The boutiques, galleries, and dining destinations of El Paseo Shopping District are just minutes away.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 4.2 mi
Grades 9-12 • 5.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,384 | 1,830.5 |
| Lot Size | 1,307 | 3,049 |
| Price | $399.9K | $560.4K |
| Price per sq ft | $289 | $322 |
| Built year | 1977 | 1977 |
| HOA | $650.32 | $860 |
| Days on market | 33 | 73 |
Jun 19, 2026
$399,900
Initial Listing
Apr 19, 2024
$430,000
Public Record
Aug 16, 2023
$305,000
Public Record
Dec 15, 2000
$102,000
Public Record
Nov 15, 1993
$93,000
Public Record