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 | $475,000* List Price | 1 | 2 | 1,494 | $329 | - |
A 899 Island Drive 404 Sold | $470,000 | 2 | 2 | 1,722 | $273 | 0.1 mi |
B 5 La Ronda Drive Sold | $599,000 | 2 | 2 | 1,650 | $363 | 0.7 mi |
C 900 Island Drive 313 Active | $509,000 List Price | 2 | 2 | 1,855 | $274 | 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.
Refined desert living awaits in this beautifully updated 1-bedroom,1.5-bath residence at the iconic Desert Island Country Club. Perched on the 5th floor, the home enjoys sweeping 180 panoramic views of mountains, lake, and championship golf course--an ever-changing backdrop from sunrise to sunset. Contemporary interiors feature ceramic plank tile flooring, custom lighting, and a sleek chef's kitchen with Euro-style cabinetry and stainless-steel appliances. Floor-to-ceiling windows fill the home with natural light and open to a spacious covered terrace, perfect for morning coffee or sunset entertaining. The serene primary suite is a private retreat with custom built-ins and a spa-inspired bath showcasing quartz countertops and an oversized walk-in shower. Move-in ready with the opportunity to further personalize-- ideal as a personal desert escape or smart investment opportunity.Desert Island offers true resort-style living within a rare guard-gated high-rise community surrounded by a tranquil lake and adjacent to an 18-hole championship golf course. Amenities include 24-hour security, fitness center, pool and spa, tennis and pickleball courts, paddle boats, and impeccably maintained grounds. HOA includes cable TV, Wi Fi, water, gas, building insurance, roof, trash, common areas, and discounted electricity--including A/C. Ideally located near world-class shopping, dining, entertainment, and Eisenhower Medical Center--this is a sophisticated desert retreat blending luxury, convenience, and serenity.
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 | 1.0 | 3.0 | 7% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,494 | 1,770 | 28% |
| Lot Size | 2,614 | 2,614 | 50% |
| Price | $475.0K | $570.0K | 25% |
| Price per sq ft | $318 | $324 | 46% |
| Built year | 1975 | 1979 | 32% |
| HOA | $1638.0 | $839 | 90% |
| Days on market | 7 | 152 | 2% |
Apr 15, 2026
$475,000
Initial Listing
Jan 19, 2021
$325,000
Public Record
Sep 17, 2003
$225,000
Public Record