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109 Clearwater Way, Rancho Mirage, CA 92270

$825K3bd · 2ba · 2,477 sqft
Lot 11,326 sqft•HOA $170/mo•Single Family Residence•
Active
•109d on market•MLS# 219150370

Property Description

Welcome to this beautiful home located in the gated community of Key Largo in Rancho Mirage. Featuring 3 spacious bedrooms and 2.5 bathrooms, this residence offers comfortable desert living with a sparkling private pool and relaxing spa, all set against stunning mountain views. The open-concept living and dining area provides plenty of room for entertaining, while the kitchen includes a cozy breakfast nook and adjoining family room, perfect for everyday living. Conveniently located near grocery stores, dining, shopping, and a nearby dog park, this home offers an ideal blend of comfort, convenience, lifestyle, and scenic beauty--perfect for families and pet lovers alike. This property is currently leased, making it an excellent income-producing investment. The aerial photos are from the dog park.

Features & Amenities

Key LargoFeeBuilt 2004

Property Details

Subdivision
Key Largo
Land Type
Fee
Year Built
2004
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Mountain(s), Panoramic
Flooring
Carpet, Tile
City
Rancho Mirage
Zip Code
92270
County
Riverside
Listed byColdwell Banker Realty, Grace D Katz·760-501-5747

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,171.65
Principal & Interest
Loan Amount
$660,000
Total Interest
$841,794
Total Payment Over 30 Years
$1,501,794
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Key Largo

This property is located in Key Largo, a community in Rancho Mirage. Explore more listings in this neighborhood to compare options and pricing.

View Key Largo Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

109 Clearwater Way, Rancho Mirage, CA 92270

Key Largo · Rancho Mirage · Single Family Residence

$825K
Residential Tier
Beds
3
Baths
3
Sqft
2,477
Lot
11,326 sqft
Year
2004
$/Sqft
$333
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 2-car✓

Listed 7.3% below the median closed sale of $890,000.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $825K· $333/sqft
Total list price
Closed comps
vs closed median $890K
−$65K (−7.3%)
Active comps
vs active median $865K
−$40K (−4.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $408
−$75 (−18.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
102 Clearwater WayRancho Mirage2003332,47710,890$349$865,00027188
139 Saint Thomas PlaceRancho Mirage2004332,1919,148$372$815,00010288
4 Cartier CourtRancho Mirage2003332,10110,454$428$899,00018465
32 MoscatoRancho Mirage2021231,8327,540$423$775,0007960
36 ProseccoRancho Mirage2021221,8828,263$467$879,000253
Total: 5 · Average2.62.82,096.69,259$407.8$846,600127.6
Median2,101$865,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
112 Clearwater WayRancho Mirage200404/08/2026322,03610,018$750,000$723,888$3560.968685
12 Calais CircleRancho Mirage200502/17/2026332,31411,761$908,000$908,000$3921.001371
3 Cartier CourtRancho Mirage200309/04/2026332,1019,148$899,000$840,000$4000.932070
6 Champagne CircleRancho Mirage200512/12/2025332,63213,068$900,000$890,000$3380.992970
64 Paris WayRancho Mirage200406/17/2026442,90012,197$949,000$900,000$3100.959266
Total: 5 · Average3.23.02,396.611,238.4$852,377.6$852,377.6$359.2—48
Median2,314$890,000$890,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.