72116 Clancy Lane, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 5 bath
ACTIVE$2,400,000
72116 Clancy Lane, Rancho Mirage, California 92270
4Beds
5Baths
5,062Sqft
27,878Lot
Price Vs. Estimate
The estimated value ($2,400,000) is $0 (0%) lower than the list price ($2,400,000). This property may be overpriced.
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 = 27878, living area = 5062.
Top Cons:
Niche Appeal / Specific Customization: The 'gallery-style spaces for your art collection' and 'multiple custom features throughout' indicate a highly personalized design that may appeal to a specific buyer demographic, potentially narrowing the market.
Compared to the nearby listings
Price:$2.40M vs avg $1.09M (+$1,310,000)86%
Size:5,062 sqft vs avg 2,903 sqft94%
Price/sqft:$474 vs avg $42269%
More Insights
Built in 2005 (20 years old).
Condition: Built in 2005, this custom compound presents in excellent condition, showcasing high-end, modern finishes throughout. The kitchen features sleek, contemporary light wood cabinetry, dark granite countertops, and integrated stainless steel appliances, all appearing pristine and current. The bathrooms are exceptionally modern, with a large walk-in glass shower, floating double vanities with integrated sinks, and backlit mirrors, reflecting a luxurious and updated aesthetic. While the property is 19 years old, its 'multiple custom features,' the addition of 100 owned solar panels, and the overall immaculate presentation suggest either a timeless, high-quality original build that has been meticulously maintained or significant, recent renovations that bring it to current quality standards with no deferred maintenance.
Year Built
2005
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$474
HOA
$50
Days on market
-
Sold On
-
MLS number
219135804PS
Home ConditionExcellent
Features
Good View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool
About this home
Custom compound in the Clancy Lane neighborhood of Rancho Mirage. The main house offers a grand entry, two bedrooms, two living rooms, and a three-car garage. A separate two-bedroom guest house includes its own garage with rollup door for your toys or additional storage. The studio casita has been converted into a home office with pool views. The side driveway accommodates two full-size RVs. Mountain views and gallery-style spaces for your art collection. 100 panels of owned solar. Close to El Paseo, Eisenhower Medical Center, and The River. Multiple custom features throughout.
Condition Rating
Excellent
Built in 2005, this custom compound presents in excellent condition, showcasing high-end, modern finishes throughout. The kitchen features sleek, contemporary light wood cabinetry, dark granite countertops, and integrated stainless steel appliances, all appearing pristine and current. The bathrooms are exceptionally modern, with a large walk-in glass shower, floating double vanities with integrated sinks, and backlit mirrors, reflecting a luxurious and updated aesthetic. While the property is 19 years old, its 'multiple custom features,' the addition of 100 owned solar panels, and the overall immaculate presentation suggest either a timeless, high-quality original build that has been meticulously maintained or significant, recent renovations that bring it to current quality standards with no deferred maintenance.
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 = 27878, living area = 5062.
Multi-Generational/Flexible Living: This custom compound offers exceptional versatility with a main house, a separate two-bedroom guest house, and a studio casita converted into a home office, ideal for extended family, guests, or dedicated workspaces.
Significant Energy Savings: Equipped with 100 panels of owned solar, the property provides substantial energy cost reductions and promotes environmental sustainability, a major long-term benefit.
Prime Rancho Mirage Location: Situated in the prestigious Clancy Lane neighborhood, the property boasts convenient access to upscale amenities including El Paseo, Eisenhower Medical Center, and The River.
Extensive Parking & Storage: The property features a three-car garage in the main house, an additional garage for the guest house, and a side driveway capable of accommodating two full-size RVs, catering to vehicle enthusiasts or those needing ample storage.
Potential for Value Appreciation: The current listing price of $2.4 million is notably below the estimated property value of $2.65 million, suggesting a strong investment opportunity and potential for immediate equity for a buyer.
Cons
Niche Appeal / Specific Customization: The 'gallery-style spaces for your art collection' and 'multiple custom features throughout' indicate a highly personalized design that may appeal to a specific buyer demographic, potentially narrowing the market.
Higher Maintenance Complexity: As a 'custom compound' with multiple structures (main house, guest house, casita) and extensive features (RV parking, 100 solar panels), the property likely entails higher ongoing maintenance requirements and associated costs.
Main House Bedroom Count: The main house only offers two bedrooms, which might be a limitation for larger families who prefer more primary living space consolidated within the main residence, despite the additional bedrooms in the guest house.