899 Island Drive 304, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath
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Rancho Mirage, California 92270
This Sophisticated Condominium represents a Strong Value Opportunity, listed at $750,000—positioned slightly above the $740,266 Fair Market Value. While the price reflects a premium, the property offers an Excellent Condition Rating with modern terrazzo flooring and high-end finishes. Residents enjoy a resort-style lifestyle with Panoramic Lake and Mountain Views and an expansive private patio. Located near top-rated schools like James Earl Carter Elementary, this move-in ready sanctuary is an ideal acquisition for Seasonal Residents or Owner-Occupants seeking luxury desert living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 899 Island Drive 304 Subject | $750,000* List Price | 3 | 3 | 2,325 | $318 | - |
A 899 Island Drive 402 Sold | $875,000 | 3 | 3 | 2,325 | $376 | 0.0 mi |
B 47 Columbia Drive Sold | $850,000 | 3 | 3 | 2,668 | $319 | 0.3 mi |
C 910 Island Drive 109 Sold | $650,000 | 2 | 3 | 2,445 | $266 | 0.2 mi |
D 14 Columbia Drive Sold | $744,900 | 2 | 3 | 2,359 | $316 | 0.3 mi |
E 900 Island Drive 207 Sold | $650,000 | 2 | 2 | 1,855 | $350 | 0.1 mi |
F 149 E Kavenish Drive Sold | $625,000 | 3 | 3 | 2,136 | $293 | 0.3 mi |
G 5 Valencia Drive Sold | $550,000 | 3 | 2 | 1,675 | $328 | 0.9 mi |
H 899 Island Drive 403 Active | $620,000 List Price | 2 | 2 | 1,711 | $362 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1973, the property has undergone significant modern renovations. The interior features high-end terrazzo tile flooring and updated bathrooms with contemporary walk-in showers and fixtures. The unit appears well-maintained, functional, and move-in ready, consistent with a renovation performed within the last 5-15 years.
The unit features dramatic floor-to-ceiling windows and an expansive patio spanning the entire length of the property, offering stunning panoramic views of the lake, mountains, and desert landscape.
Located in the exclusive guard-gated Desert Island community, this property offers a prime Rancho Mirage address central to both El Paseo luxury shopping and the vibrant culture of downtown Palm Springs.
With 2,325 square feet of living space, the condo boasts a sophisticated design featuring high-end terrazzo tile, a luxurious primary suite, and a versatile layout perfect for a full-time residence or seasonal retreat.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3485, other record lot size in square feet = 2396.
The monthly HOA fee of $1,735 is substantial, which significantly increases the monthly carrying costs and may deter buyers sensitive to high recurring expenses.
Constructed in 1973, the property is part of an older development, which may present concerns regarding aging infrastructure or the potential for future special assessments for community-wide upgrades.
Perched high on the third floor of the prestigious, guard-gated Desert Island community, this sophisticated 3-bedroom, 3-bathroom condo perfectly blends modern design with an elevated resort lifestyle. The moment you step inside, dramatic floor-to-ceiling windows flood the spacious living areas with natural light while framing the panoramic views of the stunning desert landscape. Transition seamlessly to outdoor entertaining on the expansive patio that spans the entire length of the unit--an idyllic backdrop for morning coffee or dining under the stars. The thoughtfully designed layout features sleek terrazzo tile in the main living area and plush carpeting in the bedrooms, balancing high-end style with pure comfort. The primary suite serves as a luxurious sanctuary with dual vanities, expansive counter space, and a generous closet. Guests will enjoy complete privacy in the welcoming third bedroom, while the versatile second bedroom is currently configured as a den and home office. Perfectly situated on Frank Sinatra Drive opposite the historic Annenberg Estate, this hidden oasis offers a rare combination of serene privacy and unbeatable proximity. You are just minutes from the absolute best of the valley, placed centrally between the luxury shopping Centre of El Paseo and the vibrant culture of downtown Palm Springs, with top-tier restaurants, art galleries, theaters, and casinos right at your fingertips. Whether you are seeking a premier full-time residence or the ultimate lock-and-leave seasonal escape, this exceptional property invites you to experience desert luxury at its finest. Call for your private viewing today!
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades K-5 • 2.7 mi
Grades 6-8 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,325 | 1,830.5 |
| Lot Size | 3,485 | 3,049 |
| Price | $750.0K | $560.4K |
| Price per sq ft | $323 | $322 |
| Built year | 1973 | 1977 |
| HOA | $1735.0 | $860 |
| Days on market | 26 | 73 |
Jun 26, 2026
$750,000
Initial Listing
Jun 15, 2022
$600,000
Public Record
Feb 2, 1995
$29,500
Public Record