899 Island Drive 408, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 2 bed, 2 bath

899 Island Drive 408, Rancho Mirage, California 92270 home-pic-0
ACTIVE$525,000
899 Island Drive 408, Rancho Mirage, California 92270
2Beds
2Baths
1,722Sqft
2,178Lot
Year Built
1973
Close
-
List price
$525K
Original List price
$525K
Price/Sqft
$305
HOA
$1,638
Days on market
-
Sold On
-
MLS number
219140005DA
Home ConditionPoor
Features
Excellent View: Golf Course, Lake, Mountain(s), Panoramic
ViewGolf Course,Lake,Mountain(s),Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $525.0K(45th), sqft - 1722(44th), beds - 2(50th), baths - 2(50th).

Perched above the shimmering lake and emerald fairways, 899 Island Dr #408 offers the best views in the entire Desert Island community--and a leading lady ready for her comeback.Meet your new home: a once-glamorous desert debutante who has gracefully aged out of her prime and is now eagerly awaiting the right visionary to guide her through a dazzling makeover. Her bones are strong, her presence undeniable--and her panoramic lake, golf course, and mountain views are nothing short of breathtaking. All she needs is someone to bring her beauty back to full brilliance.Step inside and you'll feel the nostalgia of a bygone era: original finishes, retro charm, and spaces that whisper stories of cocktail parties at sunset. With floor-to-ceiling glass capturing postcard-worthy vistas from nearly every room, she offers a stage perfectly set for modern luxury to take center stage.The generous floor plan provides endless creative potential--open it up, elevate it, reimagine it. Whether you lean into mid-century glamour or create a sleek contemporary retreat, this is a rare opportunity to transform a true classic into a showstopper.Located in the guard-gated Desert Island enclave, residents enjoy resort-style amenities including sparkling pools, spa, tennis courts, fitness, and meandering walking paths across 110 acres of lush, lake-surrounded grounds.Bring your imagination, your design vision, and your flair for transformation--this debutante is ready for her grand re-entrance into Rancho Mirage luxury living.

Nearby schools

6/10
Rancho Mirage Elementary School
Public,K-51.8mi
8/10
James Earl Carter Elementary School
Public,K-52.7mi
3/10
Nellie N. Coffman Middle School
Public,6-82.9mi
7/10
Palm Desert High School
Public,9-123.9mi
5/10
Rancho Mirage High
Public,9-124.0mi
4/10
Desert Learning Academy
Public,K-127.1mi

Price History

Date
Event
Price
12/15/25
Listing
$525,000
12/24/02
Sold
$250,000
Condition Rating
Poor

Built in 1973, this property features largely original finishes and a distinctly retro charm, as explicitly stated in the listing description. The kitchen is severely outdated with 70s/80s era light wood cabinets, laminate countertops, old appliances (including a black microwave, white refrigerator, and built-in oven), and dated floor tiles and backsplash. The bathroom also shows significant age with an outdated vanity, large wall-to-wall mirror, and original fixtures. Throughout the unit, there is worn carpeting, popcorn ceilings, and dated light fixtures. While the 'bones are strong,' major systems like plumbing, electrical, and HVAC are likely original and will require substantial updating or replacement. The property requires extensive renovation to meet modern standards, making it uncomfortable in its current state and aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Panoramic Views: The property boasts the 'best views in the entire Desert Island community,' offering breathtaking panoramic lake, golf course, and mountain vistas from nearly every room through floor-to-ceiling glass.
Exclusive Gated Community: Located within the guard-gated Desert Island enclave, providing enhanced security, privacy, and a prestigious living environment.
Resort-Style Amenities: Residents have access to a comprehensive suite of resort-style amenities including sparkling pools, spa, tennis courts, fitness center, and extensive walking paths across 110 acres of lush, lake-surrounded grounds.
Significant Renovation Potential: Described as having 'strong bones' and a 'generous floor plan,' the property offers a rare opportunity for a visionary buyer to undertake a full makeover and transform it into a modern luxury showstopper.
Prime Location: Perched above the shimmering lake and emerald fairways in Rancho Mirage, offering a desirable and scenic setting within a sought-after desert community.

Cons

Requires Extensive Renovation: The property features 'original finishes' and 'retro charm,' indicating it is significantly outdated and requires a substantial investment in renovation to meet contemporary luxury standards.
High Monthly Association Fees: The monthly association fee of $1,638.00 is considerable and will add a significant ongoing cost to ownership, which could impact affordability for some buyers.
Age of Property: Built in 1973, the property's age suggests that while structurally sound, major systems (e.g., plumbing, electrical, HVAC) may be original and could require updating or replacement in the near future.

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