71489 Mirage Road, Rancho Mirage, California 92270, Rancho Mirage, - bed, bath
ACTIVE$1,094,000
71489 Mirage Road, Rancho Mirage, California 92270
4Beds
4Baths
2,400Sqft
15,682Lot
Year Built
1973
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
219132302DA
Home ConditionPoor
Features
Excellent View: Mountain(s)
Pool
Patio
ViewMountain(s)
About this home
READY TO ISSUE PERMITS! Mountain views, large corner lot and completed plans are ready for your personalization. When finished the property will feature a three bedroom, three bathroom main house and a one bedroom, one bathroom detached accessory dwelling unit. The new floor plan adds over 1,000 SqFt of living space maximizing the home's existing structure. Interior of the property has been fully gutted. This property will truly be an entertainer's dream with a large kitchen suited for a chef and an expansive primary bedroom retreat with a resort like bathroom and outdoor shower!
Nearby schools
6/10
Rancho Mirage Elementary School
Public,•K-5•0.2mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•4.2mi
5/10
Rancho Mirage High
Public,•9-12•5.7mi
4/10
Desert Learning Academy
Public,•K-12•8.0mi
Price History
Date
Event
Price
07/03/25
$1,094,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (248 Listings) | |
|---|---|---|---|
| Beds | 4 | 3 | 62% |
| Baths | 4 | 3 | 53% |
| Square foot | 2,400 | 2,950 | 30% |
| Lot Size | 15,682 | 10,890 | 71% |
| Price | $1.09M | $1.12M | 48% |
| Price per square foot | $456 | $416 | 63% |
| Built year | 1973 | 2000 | 8% |
| HOA | $8,800 | ||
| Days on market | 125 | 194 | 20% |
Condition Rating
Poor
The property, built in 1973, is over 50 years old. The MLS description explicitly states that the 'Interior of the property has been fully gutted,' meaning there are no functional kitchen, bathrooms, flooring, or essential interior systems. The images confirm the exterior is dated, and the backyard features an empty, non-functional pool. While plans exist to 'maximize the home's existing structure,' the current condition is unlivable and requires substantial rehabilitation, including extensive system replacements and a complete interior build-out. This aligns with the 'Poor' condition criteria, as it requires significant work to become habitable, but the existing structure is not deemed 'beyond repair' or requiring full demolition.
Pros & Cons
Pros
Permit-Ready Renovation: The property comes with 'READY TO ISSUE PERMITS!' and 'completed plans,' significantly reducing the time and uncertainty typically associated with major renovations.
Detached ADU Potential: Plans include a 'one bedroom, one bathroom detached accessory dwelling unit,' offering excellent potential for rental income, guest accommodation, or multi-generational living.
Prime Location & Lot Features: Located in the desirable 'Magnesia Falls Cove' subdivision on a 'large corner lot' with scenic 'Mountain views' in Rancho Mirage.
Significant Expansion Potential: The new floor plan 'adds over 1,000 SqFt of living space,' maximizing the home's footprint and future value upon completion.
Customization Opportunity: The 'fully gutted' interior provides a blank canvas, allowing the buyer to personalize every aspect of the design and finishes to their exact preferences without demolition costs.
Cons
Extensive Renovation Required: The property is 'fully gutted' and currently uninhabitable, requiring a complete and substantial construction project before it can be occupied.
Significant Additional Capital Investment: The listed price is for the property in its current gutted state; buyers must be prepared for substantial additional costs to complete the extensive renovation and build-out.
Project Management Burden: Despite ready permits, the buyer will need to undertake significant project management, including hiring contractors, overseeing construction, and managing potential delays and cost overruns.