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10 Lincoln Place, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 4 bath

10 Lincoln Place, Rancho Mirage, California 92270 home-pic-0
ACTIVE$799,000
10 Lincoln Place, Rancho Mirage, California 92270
3Beds
4Baths
2,628Sqft
11,326Lot
Year Built
1979
Close
-
List price
$799K
Original List price
$900K
Price/Sqft
$304
HOA
$270
Days on market
-
Sold On
-
MLS number
219123383DA
Home ConditionFair
Features
Good View: Mountain(s), Peek-A-Boo
Patio
ViewMountain(s), Peek-A-Boo

About this home

Possibly Over-Priced:The estimated price is 58% below the list price. We found 3 Cons,6 Pros. Rank: price - $799.0K(22th), sqft - 2628(41th), beds - 3(50th), baths - 4(54th).

Welcome to Presidential Estates in the heart of Rancho Mirage, where this charming home offers a wonderful opportunity to create your desert dream retreat. Nestled in the picturesque setting, this residence boasts 3 spacious bedrooms (primary has large walk in closet) and 3 bath and is situated on a grand lot surrounded by lush greenery. New HVAC. Inside you will find it light and bright with high cathedral ceilings, enhancing the space and light in the home. Large windows invite the natural light and provide glimpses of the majestic mountain views that encircle the community. The backyard offers plenty of potential for outdoor living, with ample space to design your perfect oasis. Presidential estates is a well maintained community featuring access to a community pool , tennis courts and beautifully landscaped surroundings. This home offers endless possibilities to customize and add your personal touch. The serene setting makes this property perfect for those seeking a peaceful desert lifestyle with the convenience of Rancho Mirage's nearby amenities. Nearby golf courses and hiking as well. Don't miss this desert opportunity.

Nearby schools

6/10
Rancho Mirage Elementary School
Public,•K-5•3.1mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•1.0mi
5/10
Rancho Mirage High
Public,•9-12•2.6mi
4/10
Desert Learning Academy
Public,•K-12•5.2mi
Condition Rating
Fair
Built in 1979, this property is aged but appears well-maintained with a new HVAC system, which is a significant update. However, the kitchen features visibly dated white appliances, older cabinets, and countertops, requiring a full renovation to meet modern standards. Bathrooms also show outdated vanities, fixtures, and styles. While functional, these key areas, along with the older tile and carpet flooring, indicate a need for substantial aesthetic updates and customization, aligning with the 'Fair' category's description of an aged but maintained home where major components are functional but show signs of being outdated.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 2628.
Community Amenities & Low HOA: The property is located in the well-maintained Presidential Estates community, offering access to a community pool and tennis courts with a relatively low HOA fee of $270.
Scenic Mountain Views & Bright Interiors: High cathedral ceilings and large windows fill the home with natural light and provide glimpses of majestic mountain views, contributing to a serene living environment.
Recent HVAC Upgrade: A new HVAC system has been installed, providing modern climate control efficiency and reducing immediate maintenance concerns for the buyer.
Generous Lot with Outdoor Potential: Situated on a grand 11,326 sqft lot surrounded by lush greenery, the backyard offers ample space and potential for designing a personalized outdoor oasis.
Desirable Rancho Mirage Location: The home benefits from a peaceful desert setting in the heart of Rancho Mirage, with convenient access to nearby amenities, golf courses, and hiking.

Cons

Substantial Overpricing Indication: The property's estimated value is significantly lower than the current list price, suggesting a potential overvaluation that may hinder market appeal or require a price adjustment.
Requires Significant Renovation/Customization: The description highlights 'endless possibilities to customize and add your personal touch,' indicating the home is not fully updated and will require considerable investment for modernization.
Dated Original Construction: Built in 1979, the property is over four decades old, and while some updates exist, other major systems and aesthetic elements may be original or outdated, potentially leading to higher future repair or renovation costs.

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