72460 Rodeo Way, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 2 bed, 2 bath

72460 Rodeo Way
Rancho Mirage, California 92270
Property Price
SUMMARY
Analysis of 72460 Rodeo Way, Rancho Mirage, California 92270 is currently available with a list price of $425,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Rancho Mirage Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and has undergone significant aesthetic updates since its 1979 construction. The kitchen is modernized with stainless steel appliances, stone countertops, and updated cabinetry. Bathrooms feature newer vanities and tile work. The living areas utilize contemporary large-format tile flooring and neutral paint, while the bedrooms contain well-maintained carpet. While the overall style retains some classic desert elements like the mirrored wet bar, the major components and finishes are updated and well-maintained, meeting the criteria for a 'good' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Living Space
The generous 1,851 sqft single-level layout includes a large dedicated office/studio area, offering rare flexibility for remote work or creative pursuits in a two-bedroom configuration.
- Resort-Style Community Amenities
Situated in the gated Wilshire Palms, the property provides access to premium amenities including multiple pools, spas, and lighted tennis and pickleball courts, enhancing the leisure-focused lifestyle.
- Prime Rancho Mirage Location
The home is perfectly positioned near iconic landmarks like Sunnylands and The River shopping center, placing high-end dining, golf, and entertainment within minutes of the front door.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $798 per month is relatively high, which may impact the overall affordability and appeal for buyers sensitive to recurring monthly expenses.
- Potential for Modernization
With a build date of 1979, the property may require capital investment to update original systems or aesthetic finishes to meet the expectations of modern luxury desert living.
About 72460 Rodeo Way
Tucked behind the gates of Wilshire Palms, this 2 BR / 2 BA / 2 car garage desert hideaway captures the timeless spirit of Rancho Mirage living, where privacy, leisure, and sunshine have drawn artists, visionaries, and presidents for decades. Here, desert modernism meets resort relaxation in a setting that feels both sophisticated and effortless. Beyond the graceful double-door entry, the home unfolds into 1,851 square feet of open living space, filled with natural light and framed by lush greenbelts. The spacious living and dining areas flow together beautifully, centered around a classic wet bar--the perfect spot to toast a desert sunset. With two large bedrooms, two elegant baths, and a large sunny office area that is ideal for a work-from-home space, studio, or library, there's room to work, unwind, and entertain in style. The private two-car garage and single-level layout make daily life both easy and refined. Inside Wilshire Palms, you'll find the quiet luxury that defines this community: sparkling pools and spas, lighted tennis and pickleball courts, and expansive lawns dotted with mature palms and mountain views in every direction. Step outside the gates and the best of Rancho Mirage surrounds you--Sunnylands Center & Gardens, Desert Island Golf & Country Club, The River with its shops and cafes, and a legacy of desert living that began when stars and statesmen discovered this oasis in the 1950s. Here, life slows down just enough to enjoy it all. A home that feels like a retreat, in a city built on grace, sunshine, and possibility. Request your private tour today!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $798.0 / Month
Neighborhood Insights
Rancho Mirage Unified Schools
James Earl Carter Elementary School
Grades K-5 • 1.8 mi
Palm Desert High School
Grades 9-12 • 3.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,851 | 1,822.5 | 52% |
| Lot Size | - | 2,272.5 | 20% |
| Price | $425.0K | $537.5K | 25% |
| Price per sq ft | $230 | $307 | 12% |
| Built year | 1979 | 1979 | 50% |
| HOA | $798.0 | $814 | 50% |
| Days on market | 137 | 158 | 43% |
Pricing History
Listed for Sale
Mar 4, 2026
$425,000
$479,000
-11% Price Drop
Initial Listing
Price Change
Feb 5, 2026
$479,000
$498,000
-4% Price Drop
Initial Listing
Price Change
Oct 22, 2025
$498,000
Initial Listing







































