71942 Eleanora, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 2 bed, 2 bath
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Rancho Mirage, California 92270
This Prime Investment Opportunity is listed at a List Price of $380,000, positioned well below the $389,381 Fair Market Value by 2%. This valuation gap offers $9,381 in Instant Equity. Featuring a Condition Rating of 4, the property is functional yet dated, offering significant potential for cosmetic value-add. Residents enjoy resort-style amenities, including a pool and spa, and a prime location near The River at Rancho Mirage. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-oriented entry into the desert market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 71942 Eleanora Subject | $380,000* List Price | 2 | 2 | 1,384 | $281 | - |
A 91 Calle Encinitas Sold | $365,000 | 2 | 2 | 1,270 | $287 | 0.4 mi |
B 16 Haig Drive Sold | $385,000 | 2 | 3 | 1,554 | $248 | 0.9 mi |
C 71824 Eleanora Lane Sold | $319,000 | 3 | 3 | 1,384 | $230 | 0.1 mi |
D 71861 Eleanora Lane Sold | $270,000 | 2 | 2 | 938 | $288 | 0.1 mi |
E 71990 Eleanora Lane Sold | $272,650 | 2 | 2 | 996 | $274 | 0.0 mi |
F 175 Torremolinos Drive Sold | $425,000 | 2 | 2 | 1,270 | $335 | 0.9 mi |
G 32 La Ronda Sold | $400,000 | 2 | 2 | 1,554 | $257 | 0.8 mi |
H 8 La Ronda Drive Sold | $490,000 | 3 | 2 | 1,581 | $310 | 1.0 mi |
I 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 moderate renovation needed.
Built in 1977, the property is well-maintained but significantly dated. The kitchen features older white cabinetry and appliances, and the bathrooms show original or aged tile work. While functional and move-in ready, the interior finishes likely exceed 20 years in age and require cosmetic updates.
The property is ideally situated within walking distance to The River at Rancho Mirage, offering immediate access to premier dining, shopping, and entertainment hubs.
The monthly association dues include a robust package of utilities and services such as water, internet, cable, and exterior maintenance, simplifying monthly budgeting for owners.
With 1,384 square feet of living space, the unique loft-style primary suite and open-concept design provide a sense of volume and privacy rarely found in standard two-bedroom condos.
The HOA fee of $650.32 is relatively high, which may impact the debt-to-income ratio for some buyers and increase the overall cost of ownership.
The unit only includes one assigned parking space, which could be a significant inconvenience for multi-vehicle households or those who frequently host guests.
Welcome to this beautifully maintained 2-bedroom, 2-bathroom condo offering approximately 1,384 square feet of comfortable living space. Whether you're looking for a full-time residence, a seasonal retreat, or the perfect vacation home, this property offers an ideal blend of comfort, convenience, and resort-style living. The bright and airy living room is filled with natural light and flows seamlessly into the open-concept dining area, creating an inviting space for both everyday living and entertaining. The first-floor bedroom provides a private and convenient space, while the loft-style primary suite upstairs offers a unique and spacious retreat complete with a huge walk-in closet. Additional features include an in-unit washer and dryer, making daily living effortless and convenient. Ideally located just a short walk from The River at Rancho Mirage, residents enjoy easy access to premier shopping, dining, entertainment, and local attractions. The community also offers outstanding amenities, including 3 sparkling swimming pools, relaxing spa, and tennis courts, allowing you to enjoy the best of desert living year-round. HOA dues includes Trash, Exterior Pest control, Pool Maintenance, Water and Internet/cable. One assigned parking space. **Some photos have been virtually staged to illustrate the property's potential.**
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 4.2 mi
Grades 9-12 • 5.6 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 | $380.0K | $560.4K |
| Price per sq ft | $275 | $322 |
| Built year | 1977 | 1977 |
| HOA | $650.32 | $860 |
| Days on market | 40 | 73 |
Jun 12, 2026
$380,000
Initial Listing
Feb 21, 2025
$335,000
Public Record
Jan 11, 2024
$390,000
Public Record
Oct 3, 1996
$42,000
Public Record