72020 Palm Crest Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 4 bath

72020 Palm Crest Drive, Rancho Mirage, California 92270 home-pic-0
ACTIVE$1,650,000
72020 Palm Crest Drive, Rancho Mirage, California 92270
3Beds
4Baths
3,668Sqft
22,216Lot

Price Vs. Estimate

The estimated value ($1,761,071.74) is $111,071.74 (6%) higher than the list price ($1,650,000). This property may be underpriced.

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 = 22216, living area = 3668.
Top Cons:
Original Construction Age: Despite extensive renovations, the property's original construction year of 1980 might raise questions about underlying infrastructure (e.g., original plumbing, electrical beyond updated fixtures) that wasn't explicitly replaced, potentially requiring future attention.

Compared to the nearby listings

Price:$1.65M vs avg $1.09M (+$560,000)75%
Size:3,668 sqft vs avg 2,903 sqft76%
Price/sqft:$450 vs avg $42263%

More Insights

Built in 1980 (45 years old).
Condition: Despite being built in 1980, this property has undergone an extensive and recent renovation, bringing it to an 'excellent' condition. The listing explicitly states 'Every detail has been thoughtfully upgraded,' including two new A/C units, a tankless water heater, a new furnace, new garage doors, and smart home features. The kitchen features new white shaker-style cabinetry, new countertops, and updated stainless steel appliances (double oven, refrigerator, dishwasher, gas cooktop), all appearing virtually new in the images. Bathrooms are described as 'luxurious en-suite' with 'new tile and fixtures,' soaking tubs, separate showers, and dual vanities, indicating a high standard of recent renovation. The overall interior boasts fresh paint, new baseboards and crown molding, modern light fixtures, and consistent, well-maintained tile flooring throughout. The outdoor area is also fully updated with a new Pebble Tec pool system, patio cover, and landscaping. This comprehensive overhaul means the property meets current quality standards with no deferred maintenance and minimal physical depreciation, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated home.
Year Built
1980
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$450
HOA
-
Days on market
-
Sold On
-
MLS number
219137385DA
Home ConditionExcellent
Features
Pool
Spa
Patio
ViewPool

About this home

Located in the heart of Rancho Mirage, this beautifully updated home sits on a spacious half-acre corner lot designed for both comfort and entertaining. Every detail has been thoughtfully upgraded, showcasing a perfect blend of modern convenience and timeless desert elegance. The exterior features fresh paint, smart Pentair pool equipment, a Pebble Tec pool with salt system and spa, and a new patio cover complete with ceiling fans and lighting. Enjoy the ultimate outdoor experience with a built-in BBQ island featuring burners, a mini fridge, and sink, all surrounded by newly designed low-maintenance desert landscaping with relocated palms and fresh concrete work. Additional improvements include two new A/C units, a tankless water heater, new garage doors, a furnace, and a smart front door lock.Inside, the open-concept floor plan is both stylish and functional, with new countertops in the kitchen, bar, laundry, and bathrooms, updated appliances, and elegant baseboards and crown molding. The kitchen flows seamlessly into the family room centered around a cozy fireplace, while the sunken living room with wet bar and adjacent dining area provide the perfect setting for entertaining. Two expansive primary suites each offer walk-in closets and luxurious en-suite bathrooms featuring soaking tubs, separate showers, and dual vanities. A third bedroom with its own private bath offers an ideal space for guests or extended family. Additional interior updates include fresh paint, Nest smart thermostats, new tile and fixtures in the bathrooms, mirrored closet doors, sliding glass doors, and stylish light fixtures throughout.With a three-car attached garage, circular driveway, and plenty of parking and storage, this home offers the ideal balance of luxury and practicality. Perfectly located near Eisenhower Hospital, shopping, and fine dining, this Rancho Mirage retreat combines sophistication, comfort, and convenience in one exceptional package.

Nearby schools

8/10
James Earl Carter Elementary School
Public,K-52.1mi
7/10
Palm Desert High School
Public,9-123.2mi
Condition Rating
Excellent

Despite being built in 1980, this property has undergone an extensive and recent renovation, bringing it to an 'excellent' condition. The listing explicitly states 'Every detail has been thoughtfully upgraded,' including two new A/C units, a tankless water heater, a new furnace, new garage doors, and smart home features. The kitchen features new white shaker-style cabinetry, new countertops, and updated stainless steel appliances (double oven, refrigerator, dishwasher, gas cooktop), all appearing virtually new in the images. Bathrooms are described as 'luxurious en-suite' with 'new tile and fixtures,' soaking tubs, separate showers, and dual vanities, indicating a high standard of recent renovation. The overall interior boasts fresh paint, new baseboards and crown molding, modern light fixtures, and consistent, well-maintained tile flooring throughout. The outdoor area is also fully updated with a new Pebble Tec pool system, patio cover, and landscaping. This comprehensive overhaul means the property meets current quality standards with no deferred maintenance and minimal physical depreciation, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated home.
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 = 22216, living area = 3668.
Extensive Modern Upgrades: The property has undergone comprehensive, thoughtful upgrades both inside and out, including two new A/C units, a tankless water heater, smart home features (Pentair pool equipment, Nest thermostats, smart front door lock), and updated finishes throughout, ensuring modern convenience and reduced immediate maintenance for a buyer.
Exceptional Outdoor Entertainment Oasis: A meticulously designed outdoor space features a Pebble Tec pool with salt system and spa, a new patio cover with ceiling fans and lighting, and a built-in BBQ island with burners, mini fridge, and sink, making it an ideal setting for entertaining and desert living.
Luxurious Dual Primary Suites: The home boasts two expansive primary suites, each with walk-in closets and spa-like en-suite bathrooms featuring soaking tubs, separate showers, and dual vanities, offering superior comfort, privacy, and flexibility for residents or guests.
Prime Rancho Mirage Location: Situated in the heart of Rancho Mirage, the property offers convenient access to essential amenities including Eisenhower Hospital, upscale shopping, and fine dining, enhancing its desirability and lifestyle appeal.
Spacious Lot & Ample Parking: A generous half-acre corner lot provides significant outdoor space and privacy, complemented by a three-car attached garage, circular driveway, and abundant parking, catering to practical needs and guest accommodation.

Cons

Original Construction Age: Despite extensive renovations, the property's original construction year of 1980 might raise questions about underlying infrastructure (e.g., original plumbing, electrical beyond updated fixtures) that wasn't explicitly replaced, potentially requiring future attention.
Absence of Premium Views: While the property offers a pleasant 'Pool' view, the description does not highlight any significant panoramic mountain, golf course, or city light views, which are often highly sought after and can command a premium in the Rancho Mirage luxury market.
Sunken Living Room Design: The presence of a sunken living room, while a design feature of its era, might be perceived as less contemporary or a potential accessibility concern for some buyers, potentially limiting its broad appeal to all demographics.

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