929 Inverness Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 2 bath
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Rancho Mirage, California 92270
This Sophisticated Golf Course Villa is a Prime Investment Opportunity, listed at $545,000—positioned well below the $563,818 Fair Market Value by 3%. This valuation gap provides $18,818 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the interior features dramatic vaulted wood-beam ceilings and panoramic golf course views. With a land lease extended to 2121 and proximity to Cathedral City High School, this property balances long-term financial security with resort luxury. It is an ideal acquisition for Lifestyle-Oriented Buyers or Seasonal Residents seeking a turnkey desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 929 Inverness Drive Subject | $529,000* List Price | 3 | 2 | 2,044 | $262 | - |
A 710 Inverness Drive Sold | $520,000 | 3 | 3 | 2,227 | $233 | 0.3 mi |
B 714 Inverness Drive Sold | $500,000 | 3 | 3 | 2,227 | $225 | 0.3 mi |
C 628 Hospitality Drive Sold | $575,000 | 3 | 3 | 2,420 | $238 | 0.9 mi |
D 525 Desert West Drive Active | $549,000 List Price | 2 | 2 | 1,984 | $277 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been well-maintained with several key updates. While originally built in 1982, the interior features high-quality finishes such as polished stone/ceramic tile flooring and dramatic vaulted wood-beam ceilings. The kitchen has been updated with stone countertops, though the white appliances and cabinetry style are slightly dated. The primary bathroom has been modernized, and the inclusion of a leased solar system and updated flooring throughout the bedrooms indicates consistent upkeep and partial renovation within the 'good' criteria timeframe.
Situated within the prestigious Mission Hills Country Club, the property offers unparalleled access to three private golf courses, 27 tennis courts, and a state-of-the-art fitness center in a secure guard-gated environment.
The interior boasts dramatic vaulted wood-beam ceilings and panoramic golf course views, creating a sophisticated living space that seamlessly blends indoor comfort with the scenic desert landscape.
The land lease has been extended to 2121, providing significant long-term financial security and making the property more attractive for traditional financing compared to other lease-land estates.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The combined cost of the $870 monthly HOA fee and the $90.84 solar lease represents a substantial recurring expense that may impact the budget of some prospective buyers.
Despite being well-maintained and featuring an updated primary bath, the 1982 construction may require additional modern upgrades to the kitchen or secondary spaces to meet contemporary luxury standards.
This beautifully maintained condo home located within the highly sought-after guard-gated Mission Hills Country Club, offering exceptional amenities including three private golf courses, 27 tennis courts, pools, spas, a premier fitness center, and optional golf, tennis, and social memberships. Enter the lovely private courtyard with tranquil fountain and room to relax. The main no-step living area is both dramatic and inviting, highlighted by a vaulted wood-beam ceiling, ceramic tiled flooring, bar with beverage refrigerator, gas fireplace, and open sightlines that frame the panoramic golf course views. The main bedroom suite is a serene retreat with breathtaking picture window with serene views and direct access to the terrace. The updated bath has double vanities, and good closet space Generous guest bedrooms one of which is used as convertible den with walk-in closet and access to patio.Offered furnished per inventory, making it ready for immediate enjoyment. Also, included is leased solar system of $90.84 month so rarely get an electric bill.The attached two-car garage plus a dedicated golf cart garage offers convenience and is lined with huge closets, loads of storage. Additionally, a generous parking area is nearby for guests. The land lease has been extended to 2121, providing long-term peace of mind. HOA includes 3-guard gated security entrances, Internet, Cable TV, landscaping, common area maintenance, lake maintenance, trash, and choice of several community pools and spas nearby! A rare offering for full-time living or an unforgettable seasonal retreat or seasonal rental income opportunity.
No exterior & parking available.
Grades K-5 • 2.8 mi
Grades K-5 • 3.4 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,044 | 1,784 | 69% |
| Lot Size | 4,356 | 2,178 | 71% |
| Price | $529.0K | $570.0K | 40% |
| Price per sq ft | $259 | $324 | 16% |
| Built year | 1982 | 1979 | 74% |
| HOA | $870.0 | $834 | 55% |
| Days on market | 58 | 152 | 3% |
May 17, 2026
$529,000
$545,000
-3% Price Drop
Initial Listing
Apr 10, 2026
$545,000
Initial Listing