40990 Paxton Drive 7, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 2 bed, 2 bath

40990 Paxton Drive 7, Rancho Mirage, California 92270 home-pic-0
ACTIVE$563,000
40990 Paxton Drive 7, Rancho Mirage, California 92270
2Beds
2Baths
1,691Sqft
Lot
Year Built
1957
Close
-
List price
$563K
Original List price
$563K
Price/Sqft
$333
HOA
$800
Days on market
-
Sold On
-
MLS number
IG25266767
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $563.0K(80th), sqft - 1691(60th), beds - 2(50th), baths - 2(50th).

This lovely 2-bedroom, 2-bath detached cottage is located in the exclusive gated Thunderbird Palms within the prestigious Thunderbird Country Club where Obama and other presidents have stayed and played in the past. The home features granite countertops, stainless steel appliances, and stylish flooring throughout. The expansive primary suite includes a private office or lounge area. Enjoy sunny views from the patio and the convenience of being steps away from the community pool. Equipped with a foam roof for energy efficiency as well as new HVAC in 2022. Spacious single car garage with laundry area and oversized utility sink. This adorable cottage has ample closets and storage space. HOA fee includes wifi, cable tv, water, sewer, trash, ground maintenance, common area landscaping, annual palm tree trimming and annual plantings on the property, heated community pool and spa, exterior pest maintenance and maintenance of the entry gate and streets. Perfect for those seeking luxury, comfort, and a prime location in upscale Rancho Mirage near The River, shopping, dining and a wide variety of recreation. Thunderbird Palms East is a stock cooperative development with 19 properties. Property owners share in 1/19th ownership of the entire community. This property is being sold partially furnished per the Seller's inventory​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ list.

Nearby schools

6/10
Rancho Mirage Elementary School
Public,K-50.7mi
3/10
Nellie N. Coffman Middle School
Public,6-83.4mi
5/10
Rancho Mirage High
Public,9-124.9mi
4/10
Desert Learning Academy
Public,K-127.1mi

Price History

Date
Event
Price
12/03/25
Listing
$563,000
Condition Rating
Good

Despite being built in 1957, this property has undergone significant and recent renovations, making it move-in ready. Key updates include a new HVAC system in 2022 and a foam roof for energy efficiency. The kitchen features modern stainless steel appliances, granite countertops, and well-maintained light wood cabinetry. Bathrooms are also updated with contemporary vanities, vessel sinks, and modern lighting. Stylish tile and wood-look plank flooring are present throughout, with no visible carpets. While not a brand-new build, the extensive updates to major systems and interior finishes place it firmly in the 'Good' category, requiring no immediate renovations.
Pros & Cons

Pros

Prestigious Location & Community: Located within the exclusive, gated Thunderbird Palms and the prestigious Thunderbird Country Club, known for its historical association with presidents, offering a high-end and secure living environment.
Extensive HOA Inclusions: The comprehensive HOA fee covers a wide array of services including wifi, cable TV, water, sewer, trash, ground maintenance, common area landscaping, heated community pool/spa, and exterior pest control, providing a low-maintenance lifestyle.
Recent Major System Upgrades: Equipped with a new HVAC system installed in 2022 and a foam roof, ensuring energy efficiency and reduced immediate maintenance concerns for critical home systems.
Modern Interior Finishes: The home features updated granite countertops, stainless steel appliances, and stylish flooring throughout, presenting an attractive and contemporary aesthetic.
Lifestyle & Amenities Access: Enjoy sunny mountain views from the patio, direct access to the community pool, and a prime location in upscale Rancho Mirage near The River, shopping, dining, and various recreational opportunities.

Cons

Stock Cooperative Ownership: The property is part of a stock cooperative development, meaning owners share in 1/19th ownership of the entire community, which differs from traditional fee simple ownership and may impact financing or resale.
Older Construction Year: Built in 1957, the property is an older construction, which despite recent upgrades, may still present potential for age-related issues in areas not explicitly mentioned as updated.
Limited Garage Space: The property features a single-car garage, which may be a limitation for buyers requiring more vehicle storage or additional utility space, especially in a luxury market.

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