900 Island Drive 503, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 2 bed, 2 bath

900 Island Drive 503
Rancho Mirage, California 92270
Property Price
SUMMARY
Analysis of 900 Island Drive 503, Rancho Mirage, California 92270 is currently available with a list price of $700,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1975, this property has undergone an extensive and high-quality contemporary renovation. The kitchen features modern Euro-style cabinets, quartz waterfall counters, and a glass tile backsplash. Bathrooms are equally updated with quartz counters, modern vanities, and walk-in showers with stylish tiling and fixtures. Marble-look tile flooring is consistent throughout, and custom lighting enhances the modern aesthetic. While some kitchen appliances are white, they appear well-maintained and do not detract significantly from the overall 'virtually new' feel of the renovation. The property is move-in ready with no deferred maintenance visible.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Views
The property offers tranquil lake, mountain, and golf course views from every room, enhanced by 9-foot floor-to-ceiling windows and a spacious terrace.
- Turnkey & Modern Renovation
This remodeled home features stylish, contemporary design with high-quality finishes like marble-look tile flooring, custom lighting, Euro-style kitchen cabinets, quartz counters, and is fully furnished with high-quality pieces, allowing for immediate move-in.
- Comprehensive HOA & Low Maintenance Living
The HOA fees cover a 24-hour guard-gate, Spectrum cable TV, Wi-Fi Internet, water, trash, gas, and maintenance of landscaping and common areas, providing a truly low-maintenance lifestyle.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The monthly association fee of $1638.0 is substantial and represents a significant ongoing cost for ownership, despite its comprehensive inclusions.
- Building Age
Built in 1975, the building structure is nearly 50 years old. While the unit is remodeled, the age of the overall high-rise infrastructure could lead to potential future assessments or maintenance concerns for common elements.
- Condominium Lifestyle Limitations
As a high-rise condominium, the property inherently comes with potential limitations on privacy, noise from neighbors, and restrictions on personal modifications or pet policies, which may not appeal to all buyers.
About 900 Island Drive 503
This remodeled home features stylish, contemporary design and offers tranquil lake, mountain, and golf course views from every room. It includes attractive marble-look tile flooring throughout, custom lighting, a living room with striking glass-tiled fireplace and 9-foot floor-to-ceiling windows leading to spacious terrace perfect for relaxing. The spacious main bedroom suite has walk-in closet, built-in custom cabinetry and desk area, and ensuite bath with quartz counters, double sinks and walk-in shower. The flexible guest room serves as a den with a Murphy bed and terrace access. The kitchen boasts Euro-style cabinets, quartz waterfall counters & glass tile backsplash. There is also a spacious laundry room with second refrigerator.Simply pack your toothbrush, as this home is already furnished with high-quality contemporary pieces from ''Eriks Furniture'' all included.The HOA fees cover 24-hour guard-gate, Spectrum cable TV, Wi-Fi Internet along with water, trash, gas and the maintenance of landscaping and common areas, providing a low-maintenance easy lifestyle. It is conveniently located close to shopping, dining, theaters, galleries, and casinos, and has easy access to Eisenhower Medical Center. 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 guard gate entry. Buyer to verify square footage
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1975
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1638.0 / Month
Neighborhood Insights
Rancho Mirage Unified Schools
Rancho Mirage Elementary School
Grades K-5 • 1.9 mi
James Earl Carter Elementary School
Grades K-5 • 2.6 mi
Nellie N. Coffman Middle School
Grades 6-8 • 2.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,867 | 1,822.5 | 52% |
| Lot Size | - | 2,272.5 | 20% |
| Price | $700.0K | $542.5K | 84% |
| Price per sq ft | $375 | $309 | 80% |
| Built year | 1975 | 1979 | 28% |
| HOA | $1638.0 | $835 | 92% |
| Days on market | 118 | 158 | 29% |
Pricing History
Listed for Sale
Nov 10, 2025
$700,000
Initial Listing
Sold
May 22, 2020
$289,000
Public Record
Sold
Jan 14, 2005
$365,000
Public Record






























