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72345 Beverly Way, Rancho Mirage, CA 92270

$499K2bd · 2ba · 1,851 sqft
Lot 2,187 sqft•HOA $840/mo•Condominium•
Active
•13d on market•MLS# 00-26102674

Property Description

Imagine the possibilities and envision creating your own desert retreat in the heart of Rancho Mirage! Located within the peaceful, low-density, gated community of Wilshire Palms, this spacious 2-bedroom, 2-bath residence with an additional den offers the largest two-bedroom floor plan in the community, providing an exceptional opportunity to reimagine and personalize a home to suit your lifestyle. With generous proportions, vaulted ceilings, and an inviting floor plan, the possibilities are endless. A private, gated courtyard welcomes you into a dramatic formal living room featuring soaring ceilings and a fireplace. A separate family room and versatile den offer additional space for relaxing, entertaining, a home office, or creative pursuits. The generously sized kitchen is equipped with a professional six-burner Viking range and dual Viking ovens, providing an excellent foundation for a future culinary showpiece. Step outside to the expansive, covered patio, where desirable southern exposure, lush greenbelts, and breathtaking views of the Santa Rosa and San Jacinto Mountains create an idyllic setting for outdoor living. Whether enjoying morning coffee, hosting friends, or simply taking in the spectacular desert scenery, this private outdoor space is ready to become your personal oasis. An attached garage, private enclosed courtyard, and exceptional interior location further enhance the home's appeal.Often referred to as the Beverly Hills of the Desert, Rancho Mirage is celebrated for its beautiful surroundings and exceptional lifestyle. Wilshire Palms is a hidden gem, featuring just 120 residences spread across approximately 40 acres of beautifully maintained, park-like grounds. Residents enjoy six pools and spas, four lighted tennis courts, pickleball, and expansive greenbelts. HOA dues include cable, internet exterior, roof maintenance, and trash service.Ideally situated near Eisenhower Medical Center and just minutes from The River, Bristol Farms, Pavilions, the McCallum Theatre, and the upscale shopping and dining of El Paseo. Enjoy convenient access to world-class golf, the BNP Paribas Open, polo, music festivals, and exciting desert destinations, including Cotino Bay Beach and DSRT Surf. For those with vision and an appreciation for location, space, and potential, this is a rare opportunity to transform an already wonderful residence into something truly extraordinary. Bring your imagination and create the desert home you've always envisioned!

Features & Amenities

Wilshire PalmsFeeBuilt 1979

Property Details

Subdivision
Wilshire Palms
Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Condominium
Heating
Fireplace(s), Forced Air
View
Mountain(s), Park/Greenbelt
City
Rancho Mirage
Zip Code
92270
County
Riverside
Listed byCompass, Mina Azami

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,523.22
Principal & Interest
Loan Amount
$399,200
Total Interest
$509,158
Total Payment Over 30 Years
$908,358
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Wilshire Palms

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

View Wilshire Palms Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

72345 Beverly Way, Rancho Mirage, CA 92270

Wilshire Palms · Rancho Mirage · Condominium

$499K
Affordable Tier
Beds
2
Baths
2
Sqft
1,851
Lot
2,187 sqft
Year
1979
$/Sqft
$270
Pool: No✓
Spa: No✓
View: mountain✓

Listed 7.6% below the median closed sale of $540,000.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $499K· $270/sqft
Total list price
Closed comps
vs closed median $540K
−$41K (−7.6%)
Active comps
vs active median $495K
+$4K (+0.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $301
−$31 (−10.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
900 Island DriveRancho Mirage1975221,8551,887$231$429,0001679
6 Sunrise DriveRancho Mirage1975221,5541,720$353$549,0002575
76 SunriseRancho Mirage1975221,3202,515$375$495,000473
910 Island DriveRancho Mirage1980222,1592,614$250$539,00011373
900 Island DriveRancho Mirage1975121,4942,614$294$439,0003173
Total: 5 · Average1.82.01,676.42,270$300.6$490,20037.8
Median1,554$495,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
72419 Rodeo WayRancho Mirage197907/03/2026221,8510$510,000$490,000$2650.969195
39587 Bedford DriveRancho Mirage197904/30/2026221,8510$519,000$510,000$2760.985593
72355 Rodeo WayRancho Mirage197905/22/2026321,6700$560,000$545,000$3260.976389
72305 Rodeo WayRancho Mirage197911/12/2025331,9220$555,000$545,000$2840.985086
219 Kavenish DriveRancho Mirage199708/27/2026332,3244,356$580,000$540,000$2320.9313060
Total: 5 · Average2.62.41,923.64,356$526,000$526,000$276.6—77.8
Median1,851$540,000$540,000

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.