900 Island Drive 703, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath
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Rancho Mirage, California 92270
This Stunning Penthouse Sanctuary is listed at $1,500,000, reflecting a premium valuation relative to its $1,443,892 Fair Market Value. Featuring a Condition Rating of 2, this residence offers a turnkey lifestyle with high-end Brazilian Mustang quartzite finishes and a modernized open-concept kitchen. Residents enjoy exclusive access to 25-acre resort grounds, including championship golf, tennis, and panoramic mountain views. While the monthly association fee is substantial, the property provides a secure, luxury environment. This is an ideal acquisition for discerning retirees or luxury second-home buyers seeking a move-in ready desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 900 Island Drive 703 Subject | $1,500,000* List Price | 3 | 3 | 3,142 | $460 | - |
A 899 Island Drive 401 Active | $1,150,000 List Price | 3 | 3 | 2,752 | $418 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1975 build date, the property has undergone a comprehensive high-end renovation within the last 5 years. The kitchen is fully modernized with flat-panel cabinetry, quartzite counters, and new stainless steel appliances. The interior features updated large-format porcelain tile, a quartzite-clad fireplace, and contemporary finishes throughout, making it move-in ready with no maintenance required.
Situated on the desirable east side of the building, this penthouse offers breathtaking, unobstructed vistas of the Santa Rosa mountains, sparkling lakes, and the championship golf course through 9-foot walls of glass.
The interior features premium upgrades including Brazilian Mustang quartzite, large-format porcelain tile, and a fully modernized open-concept kitchen equipped with professional-grade appliances and a wine refrigerator.
Located on a unique 25-acre private island, the community provides 24-hour guard-gated security and extensive amenities including tennis, pickleball, heated pools, and lush park-like grounds.
The association fee of $1,735 per month is substantial and represents a significant recurring expense that may deter budget-conscious luxury buyers.
While the unit itself is beautifully updated, the 1975 construction date implies that the broader high-rise infrastructure and common elements are nearly 50 years old, potentially requiring future capital improvements.
A rare opportunity to own a spacious penthouse at a one-of-a-kind luxury desert high-rise, at fabulous Desert Island. Set on the desirable east side of the building, you will enjoy peaceful morning light and a serene natural setting with breathtaking views of the Santa Rosa and Little San Bernardino mountains, along with sparkling lake and golf course vistas from the expansive living and terrace areas--perfect for quiet relaxation or effortless entertaining.Formal double door entry leads to spacious great room featuring 9-foot walls of glass, natural Brazilian Mustang quartzite clad fireplace, large format porcelain tile flooring, expanded and updated open concept kitchen with modern flat-panel cabinetry, durable quartzite counters, gas range cook top, wine refrigerator, stand-alone ice maker, bar sink and new stainless steel built-in refrigerator.Spacious guest bedroom suite offers direct terrace access and unique private entrance adding to guests' comfort & privacy.Main bedroom suite offers huge walk-in closet, direct terrace access separate shower and tub, double vanity. Adjacent antechamber floorplan with flexible game room/office/den space.Desert Island is a unique high-rise condominium community nestled on a lush green 25-acre island, surrounded by a sparkling lake and immaculate 18-hole championship golf course. Homeowners enjoy the open park-like grounds with walking paths, fruit trees, benches, tennis and pickleball courts, heated swimming pools and spas, pedal boats, fishing and 24-hour guard gate entry. Buyer to verify square footage.
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades K-5 • 2.6 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 | 3,142 | 1,830.5 |
| Lot Size | 0.15 | 3,049 |
| Price | $1.50M | $560.4K |
| Price per sq ft | $477 | $322 |
| Built year | 1975 | 1977 |
| HOA | $1735.0 | $860 |
| Days on market | 21 | 73 |
Jul 2, 2026
$1,500,000
Initial Listing
Jul 1, 2026
$1,200,000
Initial Listing
Oct 27, 2020
$825,000
Public Record
Jul 27, 2005
$1,060,000
Public Record
May 29, 2002
$900,000
Public Record
Aug 12, 1996
$500,000
Public Record
Mar 9, 1995
$43,000
Public Record