
Rancho Mirage, California 92270
This Turnkey Condominium represents a Strong Value Opportunity, listed at $590,000—positioned well below the $618,498 Fair Market Value by 4%. This valuation gap offers $28,498 in Instant Equity. Featuring an Excellent Condition Rating, the home includes a chef's kitchen with quartz countertops, updated HVAC, and panoramic mountain and lake views. Located near top-rated schools like James Earl Carter Elementary, this property is an ideal sanctuary for Owner-Occupants or lifestyle-focused buyers seeking a move-in-ready desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 85 Calle Encinitas Subject | $590,000* List Price | 3 | 2 | 1,693 | $370 | - |
A 73 Marbella Drive Sold | $642,000 | 3 | 2 | 1,693 | $379 | 0.2 mi |
B 10 Padron Way Sold | $670,000 | 3 | 2 | 1,621 | $413 | 0.9 mi |
C 73 Majorca Drive Sold | $545,000 | 3 | 2 | 1,581 | $345 | 0.9 mi |
D 23 Leon Way Sold | $625,000 | 3 | 2 | 1,680 | $372 | 0.8 mi |
E 65 Don Quixote Sold | $692,000 | 3 | 2 | 1,621 | $427 | 0.9 mi |
F 109 Torremolinos Drive Sold | $510,000 | 2 | 2 | 1,381 | $369 | 0.7 mi |
G 77 Marbella Drive Sold | $475,000 | 2 | 2 | 1,270 | $374 | 0.2 mi |
H 17 Toledo Drive Active | $534,900 List Price | 3 | 2 | 1,693 | $316 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, including a freshly repainted interior, updated windows, and modern stone and vinyl flooring. The kitchen and bathrooms feature high-end updates such as quartz countertops, custom cabinetry, and stainless steel appliances. Additionally, key systems are in top shape with a newer two-stage HVAC system and a newer water heater, making it completely move-in ready with no immediate maintenance required.
The property boasts exceptional, unobstructed lake, fairway, and mountain views, and is ideally situated near the Bob Hope Gatehouse within the prestigious Rancho Las Palmas Country Club.
The home features high-end finishes including a chef's kitchen with quartz countertops and induction cooktop, a newer two-stage HVAC system, and updated windows and sliders for improved energy efficiency.
The desirable Plan 30 layout has been improved with a converted atrium to maximize interior square footage, complemented by California Closets and fresh paint for a move-in-ready experience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2614, other record lot size in square feet = 1491. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1693, other record living area = 1621.
The association fee of $785 per month is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
While the interior is beautifully updated, the 1977 build date means the underlying structure and community infrastructure are nearly 50 years old, which may lead to future maintenance needs.
Exceptional opportunity in Rancho Las Palmas Country Club. This desirable Plan 30 with a converted atrium is ideally positioned near the Bob Hope Gatehouse and offers expansive, unobstructed lake, fairway, and mountain views. The home has been tastefully upgraded and updated with quality finishes throughout, and the entire interior has just been freshly repainted, giving the property a clean, move-in-ready feel. Additional updates include updated windows and sliders, stone and porcelain flooring in the main living areas, vinyl flooring in the bedrooms and primary bath, and recessed LED lighting with dimmers throughout. The kitchen features quartz countertops, a glass tile backsplash, custom wood cabinetry with pull-outs, pantry storage, under-cabinet LED lighting, GFI-protected outlets, and built-in stainless appliances including a wall oven/convection oven, microwave/steamer, dishwasher, induction cooktop, vent hood, double sink, and instant hot water with filtration. Both bathrooms have been nicely updated. The primary bath features custom cabinetry, quartz countertops, dual sinks, and quality fixtures. The guest bath includes updated fixtures, porcelain tile shower walls, and recessed lighting. Additional features include a newer two-stage HVAC system, newer water heater, California Closets systems throughout, cedar-lined storage, and a LiftMaster garage opener. This is a well-maintained and thoughtfully updated home in one of Rancho Las Palmas' most desirable locations, offering exceptional value based on its orientation, proximity to the gate, premium views, water frontage, and long-term view protection.
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades K-5 • 2.0 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,693 | 1,830.5 |
| Lot Size | 2,614 | 3,049 |
| Price | $590.0K | $560.4K |
| Price per sq ft | $348 | $322 |
| Built year | 1977 | 1977 |
| HOA | $785.0 | $860 |
| Days on market | 35 | 73 |
Jun 17, 2026
$590,000
Initial Listing
Feb 23, 2006
$560,000
Public Record
Jan 25, 2002
$300,000
Public Record
Feb 28, 1997
$138,000
Public Record