82 Prosecco, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 2 bed, 2 bath
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Rancho Mirage, California 92270
This Modern Desert Residence is a Strong Value Opportunity, listed at $670,000—positioned well below the $723,353 Fair Market Value by 7%. This valuation gap provides $53,353 in Instant Equity, further enhanced by a $10,000 Buyer Credit for closing costs or rate buy-downs. Despite its Excellent Condition Rating and 2022 Construction, the home is priced to allow for personalized cosmetic updates. Featuring Mountain Views and proximity to premier golf, this is an ideal acquisition for Owner-Occupants or Active Adults seeking strategic market positioning.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 82 Prosecco Subject | $670,000* List Price | 2 | 2 | 1,832 | $395 | - |
A 25 Carmenere Sold | $830,000 | 2 | 2 | 1,855 | $447 | 0.3 mi |
B 17 Chardonnay Sold | $830,000 | 2 | 3 | 2,008 | $413 | 0.2 mi |
C 30 Cabernet Sold | $743,000 | 2 | 2 | 1,770 | $420 | 0.5 mi |
D 24 Zinfandel Sold | $725,000 | 2 | 2 | 1,770 | $410 | 0.4 mi |
E 132 Claret Sold | $742,500 | 2 | 2 | 1,770 | $419 | 0.3 mi |
F 39 Cabernet Sold | $815,000 | 3 | 2 | 2,008 | $406 | 0.5 mi |
G 39 Grenache Active | $779,500 List Price | 2 | 2 | 1,832 | $425 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property is virtually new and meets the highest quality standards. The kitchen features modern stainless steel KitchenAid appliances, quartz countertops, and a contemporary tile backsplash. The home boasts high ceilings, recessed lighting, and a mix of high-quality wood-look flooring and clean carpeting, with no signs of deferred maintenance or physical depreciation.
Priced approximately $160,000 below a recent comparable sale, this property offers a rare 'built-in opportunity' for buyers to realize immediate equity through personalized updates.
Situated in the desirable Del Webb Rancho Mirage near premier golf and entertainment, the home features stunning mountain views and excellent proximity to Palm Springs and the I-10.
The listing includes a $10,000 buyer credit applicable toward closing costs, interest rate buy-downs, or HOA fees, providing significant upfront financial flexibility.
The property is positioned as needing cosmetic updates to reach its full market value, which may not appeal to buyers seeking a move-in-ready experience.
With a monthly HOA fee of $530, the recurring association costs are relatively high and must be factored into the buyer's long-term budget.
The same / similar floor plans closed in February for $160,000 more just down the street. (Check other recent closed sales data for comparison) That difference represents built-in opportunity. Enter at $670,000 and update to your taste: recent comparable sales support post-renovation value near $800,000+. Buyers paying $825K–$865K+ for similar move-in-ready homes are prioritizing convenience, not necessarily long-term positioning. Where you enter the market matters. 1,832 SF | 2 bed + den | 1.75 bath | Mountain views | Natural light throughout Located across from the Westin hotel, premier golf, golf cart to Casino / dining / entertainment, with close proximity to Palm Springs and easy access to the 10 fwy. $10,000 buyer credit available for closing costs, rate buy-down, take it off the top, or prepaid HOA. Some buyers want turnkey. Others recognize the advantage of entering at the right price and creating their own value. 82 Prosecco is positioned for the latter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 2.0 | 3.0 | 20% |
| Square foot | 1,832 | 2,726 | 12% |
| Lot Size | 6,460 | 10,454 | 17% |
| Price | $670.0K | $1.10M | 7% |
| Price per sq ft | $366 | $438 | 28% |
| Built year | 2022 | 2001 | 91% |
| HOA | $530.0 | $445 | 62% |
| Days on market | 9 | 163 | 1% |
Apr 13, 2026
$670,000
Initial Listing
Jul 13, 2022
$598,500
Public Record