RealKey
‪(213) 433-7766‬

77 Lake Shore Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath

77 Lake Shore Drive, Rancho Mirage, California 92270 home-pic-0
ACTIVE$699,000
77 Lake Shore Drive, Rancho Mirage, California 92270
3Beds
3Baths
1,888Sqft
4,356Lot

Price Vs. Estimate

The estimated value ($623,009.22) is $75,990.78 (10%) lower than the list price ($699,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Lake Views: The property offers truly one-of-a-kind, unobstructed lake views from a front-row seat, providing a serene and calming atmosphere, especially from the master bedroom.
Top Cons:
High Monthly Association Fees: The property carries a significant monthly association fee of $962.0, which could be a considerable ongoing expense for potential buyers.

Compared to the nearby listings

Price:$699.0K vs avg $1.08M ($-381,000)12%
Size:1,888 sqft vs avg 2,895.5 sqft13%
Price/sqft:$370 vs avg $42033%

More Insights

Built in 1988 (37 years old).
Condition: Built in 1988, this property is 36 years old. While it appears well-maintained and clean, the interior shows significant signs of being outdated. The kitchen has received cosmetic updates like painted cabinets and a newer refrigerator, but the underlying cabinet style, older built-in appliances, and black tile backsplash/counters are dated. The bathrooms feature original-era tiled countertops, drop-in sinks, and dated light fixtures, indicating no major renovations. The mirrored walls in the living area further contribute to an older aesthetic. The property is functional but requires significant updates to meet current styles and standards.
Year Built
1988
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$370
HOA
$962
Days on market
-
Sold On
-
MLS number
GD25258919
Home ConditionFair
Features
Excellent View: Hills, Mountain(s), Water
Patio
ViewHills, Mountain(s), Water

About this home

Welcome to your front-row seat to relaxing unobstructed lake views. Your life here moves at an easy pace nestled within the secure, guard-gated Lake Mirage Racquet Club in Rancho Mirage. A serene single-level residence showcasing a truly one-of-a-kind view at Lake Mirage. With a long list of community amenities, living here will be effortless and bring the utmost calm and comfort. A sensible and functional layout is offered featuring three bedrooms, three baths, and just under 1,900 square feet of comfortable living space. Wake up in your master bedroom and be greeted by what some may call a slice of heaven, giving you a sense of calm to start your morning. The patio and garden are perfect for al-fresco dining, relaxing with a book, entertaining friends and family, or simply taking in the sunset over a glass of wine. Lake Mirage Racquet Club provides a resort-style experience: multiple pools and spas, tennis and pickle-ball courts, basketball court, gym, a pitch & putt par-3, and access to kayaks, paddleboards, or electric boats on the lake where permitted and a banquet hall. Whether you want a simple place to escape for the weekend or a home that feels like a retreat every day, 77 Lake Shore Drive offers the perfect blend of lifestyle, comfort, and value in Rancho Mirage.

Condition Rating
Fair
Built in 1988, this property is 36 years old. While it appears well-maintained and clean, the interior shows significant signs of being outdated. The kitchen has received cosmetic updates like painted cabinets and a newer refrigerator, but the underlying cabinet style, older built-in appliances, and black tile backsplash/counters are dated. The bathrooms feature original-era tiled countertops, drop-in sinks, and dated light fixtures, indicating no major renovations. The mirrored walls in the living area further contribute to an older aesthetic. The property is functional but requires significant updates to meet current styles and standards.
Pros & Cons

Pros

Exceptional Lake Views: The property offers truly one-of-a-kind, unobstructed lake views from a front-row seat, providing a serene and calming atmosphere, especially from the master bedroom.
Extensive Resort-Style Amenities: Located within the Lake Mirage Racquet Club, residents enjoy a comprehensive suite of amenities including multiple pools/spas, tennis/pickleball courts, basketball, gym, pitch & putt par-3, and lake access for kayaks/paddleboards/electric boats.
Secure Guard-Gated Community: The guard-gated Lake Mirage Racquet Club offers enhanced security and a peaceful environment, contributing to a relaxed and comfortable lifestyle.
Desirable Single-Level Layout: The residence features a sensible and functional single-level layout with three bedrooms and three baths, appealing to those seeking ease of access and comfortable living.
Private Outdoor Living Space: A dedicated patio and garden area provide an ideal setting for al-fresco dining, relaxation, entertaining, and enjoying the sunset.

Cons

High Monthly Association Fees: The property carries a significant monthly association fee of $962.0, which could be a considerable ongoing expense for potential buyers.
Property Age and Potential for Updates: Built in 1988, the property's age might suggest that some interior finishes or systems could be original or require updating to meet modern aesthetic and efficiency standards, as no recent renovations are explicitly mentioned for the unit itself.
Modest Square Footage for Price Point: With just under 1,900 square feet, the living space might be considered modest by some buyers in the Rancho Mirage market, especially when factoring in the list price and high HOA fees.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state