
Rancho Mirage, California 92270
This Resort-Style Condominium represents a High-Potential Investment Opportunity, listed at $620,000—positioned well above the $573,673 Fair Market Value by 8%. While the price reflects a premium, the property offers a Good Condition Rating and features unobstructed panoramic lake and mountain views from an expansive terrace. Located in the exclusive Desert Island Country Club, this unit provides a turnkey lifestyle with comprehensive HOA utility coverage. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury, low-maintenance desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 899 Island Drive 403 Subject | $620,000* List Price | 2 | 2 | 1,711 | $334 | - |
A 900 Island Drive 207 Sold | $650,000 | 2 | 2 | 1,855 | $350 | 0.1 mi |
B 899 Island Drive 404 Sold | $470,000 | 2 | 2 | 1,722 | $273 | 0.0 mi |
C 5 Valencia Drive Sold | $550,000 | 3 | 2 | 1,675 | $328 | 0.9 mi |
D 72419 Rodeo Way Sold | $490,000 | 2 | 2 | 1,851 | $265 | 0.8 mi |
E 900 Island Drive 607 Sold | $675,000 | 2 | 2 | 1,867 | $362 | 0.1 mi |
F 900 Island Drive 314 Sold | $675,000 | 3 | 2 | 1,879 | $359 | 0.1 mi |
G 899 Island Drive 302 Active | $649,000 List Price | 2 | 2 | 1,975 | $329 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1973, the unit is well-maintained and move-in ready. The kitchen has received a partial renovation with contemporary grey cabinetry, though the white appliances and fluorescent light box are dated. The presence of popcorn ceilings and older mirrored closets indicates some age, but the overall condition is functional and clean, fitting the 5-15 year renovation window for a 'Good' rating.
The 4th-floor location and floor-to-ceiling glass walls provide breathtaking, unobstructed views of the lake, mountains, and golf course, complemented by an expansive full-length terrace.
Located in the exclusive Desert Island community, residents enjoy a 25-acre lake, championship golf, tennis, pickleball, and 24-hour guard-gated security for a luxury lifestyle.
The HOA dues conveniently include major utilities such as water, gas, and central A/C, alongside exterior maintenance, offering a simplified 'lock-and-leave' desert experience.
The monthly association fee of $1,638 is significant and may be a deterrent for budget-conscious buyers or impact debt-to-income ratios for financing.
Built in 1973, the property and building may require modern updates or face higher long-term maintenance needs compared to newer luxury high-rise developments.
Nestled within the prestigious gated community of Desert Island Country Club, this extraordinary 4th-Floor Residence offers what may be some of the most breathtaking unobstructed lake and mountain views in the desert. Floor-to-ceiling walls of glass frame the ever-changing scenery, while an expansive terrace spanning the entire length of the home creates seamless indoor-outdoor living and unforgettable sunset experiences. Often described as a hidden gem of the desert, Desert Island evokes the relaxed elegance of 1960s Aloha-inspired resort living a rare high-rise oasis surrounded by lush landscaping, sparkling water, and panoramic mountain vistas. At the heart of the community is the renowned 18-hole championship golf course designed by Desmond Muirhead, set around a stunning 25-acre lake. Residents enjoy an exceptional collection of resort-style amenities including 24-hour guard-gated security, clubhouse, fitness center, pool and spa, tennis and pickleball courts, paddle boats, and impeccably maintained grounds. HOA dues include water, gas, trash, cable TV, central A/C, exterior building maintenance, landscaping, and security for effortless desert living. Ideally located near Sunnylands Center & Gardens and Eisenhower Medical Center, and just minutes from the El Paseo Shopping District, incredible hiking trails, fine dining, shopping, theaters, casinos, downtown Palm Springs and the P.S International Airport, this remarkable property feels worlds away while remaining close to everything. This is more than a home it's your own personal desert oasis. Come experience the magic for yourself and start living in this absolute paradise.
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 | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,711 | 1,830.5 |
| Lot Size | - | 3,049 |
| Price | $620.0K | $560.4K |
| Price per sq ft | $362 | $322 |
| Built year | 1973 | 1977 |
| HOA | $1638.0 | $860 |
| Days on market | 70 | 73 |
May 13, 2026
$620,000
Initial Listing
Nov 1, 2011
$222,500
Public Record
Jul 28, 2010
$240,000
Public Record
Oct 31, 2000
$233,000
Public Record