9 Serrano Way, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 5 bed, 8 bath
9 Serrano Way
Rancho Mirage, California 92270
Property Price
SUMMARY
Analysis of 9 Serrano Way, Rancho Mirage, California 92270 reveals a Fairly Priced Property with a current list price of $4,750,000 aligned with the estimated $4,750,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Rancho Mirage Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9 Serrano Way Subject | $4,750,000* List Price | 5 | 8 | 8,058 | $589 | - |
A 3 Coronado Court Sold | $4,800,000 | 4 | 6 | 7,601 | $631 | 0.8 mi |
B 4 Paradise Cove Court Active | $4,150,000 List Price | 5 | 6 | 6,106 | $680 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2003, this custom contemporary estate is exceptionally well-maintained and features high-end finishes and appliances throughout. The gourmet chef's kitchen boasts Wolf and Sub-Zero appliances, granite countertops, and well-preserved cabinetry. Bathrooms are spa-inspired with extensive stone finishes, steam showers, and jacuzzi tubs, all in excellent condition. While the style reflects its early 2000s build, the quality and meticulous upkeep mean it is move-in ready with no immediate renovations required, aligning with 'Good' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47480, living area = 8058.
- Exclusive Gated Community & Privacy
Situated in Serrano, an exclusive gated enclave, this private estate offers ultimate privacy with separate primary and guest wings, complemented by a gated driveway.
- Panoramic Mountain Views
Boasts some of the best south & west panoramic mountain views in Rancho Mirage, with walls of glass designed to capture these stunning vistas.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 8058, other record living area = 5446. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- High Association Fee
The property incurs a monthly association fee of $341, which adds to the ongoing cost of ownership.
- Significant Ongoing Maintenance
The expansive 1.09-acre manicured grounds and resort-style outdoor spaces, coupled with a large estate, suggest substantial ongoing maintenance requirements and costs.
About 9 Serrano Way
This private Custom Contemporary Rancho Mirage Estate is situated in Serrano, an exclusive gated enclave offering some of the best south & west panoramic views in Rancho Mirage. Set on 1.09 acres of manicured, park-like grounds, this estate features 5 bedrooms and 7 bathrooms, including separate primary and guest wings for ultimate privacy.Elegant formal living and dining room boast fireplace and walls of glass to capture stunning mountain views. The spacious family room features a built-in entertainment center, breakfast area, and bar, flowing seamlessly to a gourmet chef's kitchen with Wolf and Sub-Zero appliances. The luxurious primary wing offers a fireplace, sitting area, and his-and-her spa-inspired bathrooms.The guest wing provides a sitting area, gym/office with bar and refrigerator, plus multiple luxurious guest suites with stone finishes, steam showers, jacuzzi tubs, and separate climate controls. A fully equipped separate guest room with full kitchen ensures privacy for visitors. Additional highlights include a gated driveway and 5-car garage accessible from both the main house and guest wing, plus resort-style outdoor spaces perfect for entertaining or relaxing under breathtaking desert skies.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 47,480 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 8 (8 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $341.0 / Month
Neighborhood Insights
Rancho Mirage Unified Schools
James Earl Carter Elementary School
Grades K-5 • 1.7 mi
Palm Desert High School
Grades 9-12 • 2.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 8.0 | 3.0 | 96% |
| Square foot | 8,058 | 2,771 | 99% |
| Lot Size | 47,480 | 10,454 | 98% |
| Price | $4.75M | $1.10M | 94% |
| Price per sq ft | $589 | $433 | 80% |
| Built year | 2003 | 1999 | 62% |
| HOA | $341.0 | $445 | 30% |
| Days on market | 121 | 156 | 26% |
Pricing History
Listed for Sale
Nov 7, 2025
$4,750,000
Initial Listing
Sold
Jul 29, 2004
$2,425,000
Public Record
Sold
Aug 13, 2001
$261,000
Public Record