900 Island Drive 106, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 2 bed, 2 bath
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Rancho Mirage, California 92270
This Spacious Waterfront Condominium is a Strong Value Opportunity, listed at $598,000—positioned well below the $631,515 Fair Market Value by 5%. This valuation gap provides $33,515 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the 1,908-square-foot residence features updated flooring and panoramic lake and golf course views. Located in a prestigious community near top-rated schools like James Earl Carter Elementary, it balances resort luxury with financial upside. This is an ideal match for Owner-Occupants or Seasonal Retreat Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 900 Island Drive 106 Subject | $598,000* List Price | 2 | 2 | 1,908 | $331 | - |
A 900 Island Drive 607 Sold | $675,000 | 2 | 2 | 1,867 | $362 | 0.0 mi |
B 14 Columbia Drive Sold | $744,900 | 2 | 3 | 2,359 | $316 | 0.3 mi |
C 910 Island Drive 402 Sold | $650,000 | 2 | 2 | 2,159 | $301 | 0.2 mi |
D 900 Island Drive 207 Active Under Contract | $700,000 List Price | 2 | 2 | 1,855 | $377 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and appears well-maintained despite its 1975 construction. The interior features updated flooring and a functional kitchen with modern appliances. While it retains some vintage architectural elements and hasn't undergone a full contemporary renovation to meet 'excellent' standards, it shows minimal wear and tear and requires no immediate repairs, fitting the 'good' criteria perfectly.
The property features premium views of the golf course, lake, and mountains, offering a highly desirable and tranquil desert landscape.
At 1,908 square feet, this two-bedroom residence provides a generous and airy living space that exceeds the typical size of standard condominiums.
Located on the exclusive Island Drive, the property sits in a prime area known for luxury, security, and proximity to high-end desert amenities.
The association fee of $1,638 per month is significantly high, which may impact the overall affordability and appeal for certain buyers.
Built in 1975, the property may require modernizing updates to its infrastructure and interior finishes to compete with newer luxury developments.
Exceptional opportunity in Rancho Mirage. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,908 | 1,798 | 58% |
| Lot Size | - | 2,614 | 17% |
| Price | $598.0K | $574.0K | 55% |
| Price per sq ft | $313 | $324 | 42% |
| Built year | 1975 | 1979 | 32% |
| HOA | $1638.0 | $839 | 90% |
| Days on market | 45 | 153 | 4% |
Mar 9, 2026
$598,000
Initial Listing
Aug 12, 2005
$61,000
Public Record