71965 Eleanora Lane, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 2 bed, 2 bath
Loading property details...
Rancho Mirage, California 92270
This Strong Value Opportunity is listed at a List Price of $375,000, positioned well below the $421,336 Fair Market Value by 10%. This valuation gap provides $46,336 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the condo offers a move-in ready interior with modern flooring and a unique loft-style primary suite with mountain views. Ideally suited for Buy-and-Hold Investors or Owner-Occupants, this property balances lifestyle appeal with significant financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 71965 Eleanora Lane Subject | $375,000* List Price | 2 | 2 | 1,384 | $304 | - |
A 71824 Eleanora Lane Sold | $319,000 | 3 | 3 | 1,384 | $230 | 0.1 mi |
B 175 Torremolinos Drive Sold | $425,000 | 2 | 2 | 1,270 | $335 | 0.9 mi |
C 71861 Eleanora Lane Sold | $270,000 | 2 | 2 | 938 | $288 | 0.0 mi |
D 17 La Cerra Circle Sold | $389,960 | 3 | 2 | 1,581 | $247 | 0.9 mi |
E 19 Granada Dr Sold | $460,000 | 2 | 2 | 1,320 | $348 | 0.6 mi |
F 31 Malaga Drive Sold | $450,000 | 2 | 2 | 1,320 | $341 | 0.3 mi |
G 71942 Eleanora Active | $399,000 List Price | 2 | 2 | 1,384 | $288 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1977, the interior shows clear signs of a mid-range renovation within the last 5-15 years. It features modern wood-look flooring, updated laundry appliances, and fresh paint. The property is well-maintained and move-in ready, though some fixtures like the bathroom cabinetry appear slightly dated compared to a full modern remodel.
Situated in the heart of Rancho Mirage, this property offers immediate access to world-class dining and golf in one of the Coachella Valley's most prestigious and sought-after neighborhoods.
The spacious loft-style primary suite features a private balcony with mountain views, providing a unique architectural element that enhances both the aesthetic appeal and rental potential.
Listed at $375,000, the property is priced below its 2023 sale price of $395,500, representing a strong value proposition for buyers looking to enter a gated community at an accessible price point.
The monthly association fee of $650 is significant for a two-bedroom unit, which may deter budget-conscious buyers or impact the net yield for short-term rental investors.
Built in 1977, the condominium may require ongoing maintenance or modernization of major systems and common areas compared to newer developments in the area.
This light-filled 2 bed / 2 bath condo checks every box whether you're looking for a full-time residence, a stylish retreat, or a sought-after vacation rental. The open, airy layout feels bright and breezy from the moment you walk in. The primary suite is a true standout. it is a spacious loft with its own ensuite, a private balcony, and those coveted peekaboo mountain views that never get old. The second bedroom offers great flexibility for guests or a home office. Nestled inside a gated community with pool and spa, you're perfectly positioned in the heart of the Coachella Valley and close to world-class dining, golf, and everything that makes Rancho Mirage one of the desert's most desirable addresses.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 47% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,384 | 1,740 | 27% |
| Lot Size | - | 2,178 | 23% |
| Price | $375.0K | $567.5K | 15% |
| Price per sq ft | $271 | $324 | 23% |
| Built year | 1977 | 1979 | 44% |
| HOA | $650.0 | $830 | 14% |
| Days on market | 5 | 153 | 1% |
Jun 1, 2026
$375,000
Initial Listing
May 23, 2023
$395,500
Public Record
Apr 30, 1999
$80,000
Public Record