900 Island Drive 512, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 1 bed, 2 bath
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Rancho Mirage, California 92270
This Refined Desert High-Rise Residence is a Prime Investment Opportunity, listed at $475,000—positioned well below the $491,796 Fair Market Value by 3%. This valuation gap provides $16,796 in Instant Equity. Boasting an Excellent Condition Rating from a high-end renovation, the home features panoramic 180-degree views and a modern chef’s kitchen. Located near James Earl Carter Elementary, the community offers resort amenities and all-inclusive HOA utilities. This sophisticated retreat is ideal for Lifestyle-Focused Buyers or Seasonal Residents seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 900 Island Drive 512 Subject | $459,500* List Price | 1 | 2 | 1,494 | $308 | - |
A 899 Island Drive 404 Sold | $470,000 | 2 | 2 | 1,722 | $273 | 0.1 mi |
B 19 Granada Dr Sold | $460,000 | 2 | 2 | 1,320 | $348 | 1.0 mi |
C 60 La Ronda Drive Sold | $479,000 | 2 | 2 | 1,320 | $363 | 0.9 mi |
D 72355 Rodeo Way Sold | $545,000 | 3 | 2 | 1,670 | $326 | 0.8 mi |
E 17 La Cerra Circle Sold | $389,960 | 3 | 2 | 1,581 | $247 | 0.7 mi |
F 900 Island Drive 106 Active | $549,000 List Price | 2 | 2 | 1,908 | $288 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1975, the property has undergone an extensive high-end renovation within the last 5 years. The contemporary interior features new ceramic plank tile flooring, custom lighting, and a sleek chef's kitchen with Euro-style cabinetry, blue glass tile backsplash, and modern stainless steel appliances. The bathrooms have been fully updated with quartz countertops and spa-inspired finishes, and all components meet current luxury standards with no visible deferred maintenance.
Positioned on the 5th floor, this residence offers stunning 180-degree views of the mountains, lake, and championship golf course, providing a premium desert backdrop.
The property features high-end contemporary updates, including ceramic plank tile flooring, a sleek chef's kitchen with Euro-style cabinetry, and floor-to-ceiling windows that maximize natural light.
Located in a rare guard-gated high-rise, the community provides extensive amenities such as tennis, pickleball, and a fitness center, with an HOA that covers most utilities including discounted A/C.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2614, other record lot size in square feet = 1547.
The association fee of $1,638 per month is significant and may be a deterrent for buyers sensitive to high fixed carrying costs.
With nearly 1,500 square feet of living space but only one bedroom, the layout may limit the property's appeal to a narrower demographic of buyers.
Rarely does a residence offer this exceptional combination of space, views, and effortless resort-style living. Perched on the 5th floor of the iconic Desert Island high-rise, this beautifully updated home captures sweeping panoramic views of the surrounding mountains, shimmering lake, and championship golf course from nearly every room.With nearly 1,500 square feet, the residence lives far larger than most one-bedroom properties, featuring an open, airy floor plan filled with natural light through walls of floor-to-ceiling glass.The spacious covered terrace becomes your private front-row seat to spectacular sunrises, vibrant sunsets, and the ever-changing beauty of the desert landscape.Inside, contemporary finishes include ceramic plank tile flooring, custom lighting, and a remodeled kitchen with quartz countertops, Euro-style cabinetry, and stainless-steel appliances. The expansive primary suite serves as a true retreat, offering custom built-ins, generous storage, and a spa-inspired bath with an oversized walk-in shower. Custom electric shades recently installed, fully remote. This is not your typical one-bedroom--this is nearly 1,500 square feet of elevated desert living.Desert Island is one of Rancho Mirage's most distinctive residential communities, offering guard-gated high-rise living set within a tranquil lake setting adjacent to a championship golf course. Residents enjoy 24-hour security, fitness center, pool and spa, tennis and pickleball courts, paddle boating, and impeccably maintained grounds.Ideally located near Eisenhower Medical Center, as well as premier shopping, dining, and entertainment--this is an exceptional opportunity for full-time living, a desert retreat, or a sophisticated executive residence.
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 | 1.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,494 | 1,830.5 |
| Lot Size | 2,614 | 3,049 |
| Price | $459.5K | $560.4K |
| Price per sq ft | $308 | $322 |
| Built year | 1975 | 1977 |
| HOA | $1638.0 | $860 |
| Days on market | 98 | 73 |
Jun 6, 2026
$459,500
$475,000
-3% Price Drop
Initial Listing
Apr 15, 2026
$475,000
Initial Listing
Jan 19, 2021
$325,000
Public Record
Sep 17, 2003
$225,000
Public Record