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165 Lake Shore Drive, Rancho Mirage, CA 92270

$529K3bd · 3ba · 1,813 sqft
Lot 6,098 sqft•HOA $1119/mo•Condominium•
Active
•14d on market•MLS# 219154618

Property Description

This home represents the best value currently available in the guard-gated Lake Mirage Racquet Club. Offering a move-in-ready opportunity at a competitive price point, step inside and you'll immediately see the potential to create something truly special. The interior is defined by cathedral ceilings, wood shutters, and a mix of tile and wood-look flooring. A double-sided fireplace connects the living and dining areas, while large windows provide clear views of the lake and mountains. The primary suite offers peaceful water views and a luxurious ensuite bath with a jetted tub and separate shower. The highly sought-after single-level layout offers effortless comfort. With no interior steps and direct bathroom access for each of the three bedrooms. Outside, the spacious patio is the perfect spot for morning coffee or sunset gatherings by the water, and the included private dock is ready for your electric boat or kayak. The lakeside location offers frequent sightings of local birdlife like swans, ducks, egrets and cranes. As a resident, you'll have access to the community's 25 acres of navigable water, 11 pools and spas, tennis and pickleball courts, and a fitness center. Located minutes from Rancho Mirage dining and shopping, this property is a standout opportunity for quality and value in a premier desert location. This home has been well-loved and is ready for its next chapter. Whether you're dreaming of a modern kitchen refresh or simply want to add your own personal style, the value here is undeniable. Opportunities like this don't come around often. This home is the perfect canvas for anyone looking to build equity while enjoying a space that already feels like home. You're getting the space and the location you want at a price point that allows for upgrades. Don't miss out on this opportunity!

Features & Amenities

Property Details

Subdivision
Lake Mirage Racquet Club
Land Type
Fee
Year Built
1988
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
4
Garage Spaces
2
Heating
Central, Fireplace(s), Natural Gas
Cooling
Ceiling Fan(s), Central Air
View
Lake, Mountain(s), Panoramic, Pool, Water
Flooring
Laminate, Tile
Roof
Clay Tile, Composition
City
Rancho Mirage
Zip Code
92270
County
Riverside
Listed byColdwell Banker Realty, Kimberly Rogers·760-272-6383

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,674.91
Principal & Interest
Loan Amount
$423,200
Total Interest
$539,768
Total Payment Over 30 Years
$962,968
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Lake Mirage Racquet Club

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

View Lake Mirage Racquet Club Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

165 Lake Shore Drive, Rancho Mirage, CA 92270

Lake Mirage Racquet Club · Rancho Mirage · Condominium

$529K
Residential Tier
Beds
3
Baths
3
Sqft
1,813
Lot
6,098 sqft
Year
1988
$/Sqft
$292
Pool: No✓
Spa: No✓
View: city✓
Garage: 2-car✓

Listed 3.7% above the median closed sale of $510,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $529K· $292/sqft
Total list price
Closed comps
vs closed median $510K
+$19K (+3.7%)
Active comps
vs active median $570K
−$41K (−7.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $308
−$16 (−5.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
30 Lake Shore DriveRancho Mirage1988332,1485,662$279$599,00013184
201 Camino ArroyoPalm Desert1984321,7593,326$306$539,000468
72345 Beverly WayRancho Mirage1979221,8512,187$270$499,0001267
28 Majorca DriveRancho Mirage1975321,6782,731$343$575,0001065
31 MajorcaRancho Mirage1975321,6780$340$570,00018564
Total: 5 · Average2.82.21,822.83,476.5$307.6$556,40068.4
Median1,759$570,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
72419 Rodeo WayRancho Mirage197907/03/2026221,8510$510,000$490,000$2650.969170
38 Malaga DriveRancho Mirage197508/03/2026321,6501,900$499,000$499,000$3021.007169
72305 Rodeo WayRancho Mirage197911/12/2025331,9220$555,000$545,000$2840.985068
39587 Bedford DriveRancho Mirage197904/30/2026221,8510$519,000$510,000$2760.985567
72355 Rodeo WayRancho Mirage197905/22/2026321,6700$560,000$545,000$3260.976366
Total: 5 · Average2.62.21,788.81,900$517,800$517,800$290.6—66
Median1,851$510,000$510,000

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.