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24 Paris Way, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath

24 Paris Way, Rancho Mirage, California 92270 home-pic-0
ACTIVE$1,050,000
24 Paris Way, Rancho Mirage, California 92270
3Beds
3Baths
2,101Sqft
10,454Lot
Year Built
2003
Close
-
List price
$1.05M
Original List price
$988K
Price/Sqft
$500
HOA
$270
Days on market
-
Sold On
-
MLS number
219125924DA
Home ConditionGood
Features
Pool
Spa
Patio
ViewPool

About this home

Possibly Over-Priced:The estimated price is 10% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.05M(48th), sqft - 2101(19th), beds - 3(50th), baths - 3(50th).

This is a beautiful 3-bedroom, 3-bath home. Available furnished or unfurnished. The private enclosed back yard has high walls and is a lush oasis with custom pool and spa. Versailles is a gated community near highly rated medical facilities, destination shopping & dining. Easy access to I-10 and minutes from all valley amenities. Beautiful quartz counter tops in kitchen. Walk-in closet. Ceiling fans & high ceilings. Surround sound. The covered back patio expands your living space. The low HOA fees include tv cable, Internet, tennis & sport courts, plus park areas throughout this gated community. Desirable IID electric utility district. Seller has a 4% assumable loan. New HVAC installed April 2025. New water heater. Click all photos & schedule showing with agent.

Nearby schools

6/10
Rancho Mirage Elementary School
Public,•K-5•3.6mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•3.1mi
5/10
Rancho Mirage High
Public,•9-12•3.1mi
4/10
Desert Learning Academy
Public,•K-12•7.5mi

Price History

Date
Event
Price
09/17/25
Price Change
$1,050,000
03/05/25
Listing
$987,500
Condition Rating
Good
Built in 2003, this home is well-maintained and move-in ready. The kitchen features beautiful, recently updated quartz countertops, modern white cabinetry, and contemporary appliances, indicating a significant renovation within the last 5-10 years. Key systems are also updated, with a new water heater and a new HVAC system scheduled for April 2025. While some elements like certain light fixtures or carpeted areas might not be brand new, the overall condition, recent major updates, and functional systems align perfectly with a 'Good' rating.
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 = 10454, living area = 2101.
Gated Community & Low HOA: The property is situated in Versailles, a desirable gated community offering low HOA fees that include valuable amenities such as TV, Internet, tennis, sport courts, and park areas.
Private Outdoor Oasis: Features a private, enclosed backyard designed as a lush oasis with a custom pool and spa, complemented by a covered back patio that significantly expands the living space.
Attractive Assumable Loan: A notable financial advantage is the seller's 4% assumable loan, providing a highly competitive interest rate in the current market.
Updated Kitchen & Interior Features: The home boasts beautiful quartz countertops in the kitchen, along with high ceilings, ceiling fans, a walk-in closet, and surround sound, enhancing comfort and modern living.
Recent & Upcoming System Upgrades: Benefits from a newly installed water heater and a new HVAC system scheduled for April 2025, reducing immediate maintenance concerns and future capital expenditures for the buyer.

Cons

Above Estimated Market Value: The current list price of $1,050,000 is significantly higher than the property's estimated value of $908,299, suggesting it may be overpriced relative to market analytics.
Pending HVAC Replacement: While a new HVAC system is scheduled for April 2025, the current system's condition is not detailed, and the buyer will need to consider the timing and potential interim performance before the upgrade.
Average Middle School Rating: One of the nearby middle schools, Nellie N. Coffman, holds an average rating of 3, which might be a consideration for families prioritizing schools with higher academic performance.

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