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165 Lake Shore Drive, Rancho Mirage, CA 92270

$529K3bd · 3ba · 1,813 sqft
Lot 6,098 sqftHOA $1119/moCondominium
Active
287d on marketMLS# 219136815

Property Description

Reduced to Sell! Nestled within the heart of Lake Mirage, this beautifully updated 3-bedroom, 3-bath residence combines comfort, elegance, and resort-style living. Step inside to a light-filled, open floor plan featuring tile and wood-look flooring throughout, classic wood shutters, and soaring cathedral ceilings. A double-sided fireplace warms both the living and dining areas, creating an inviting atmosphere for relaxing or entertaining. Expansive windows frame panoramic views of the lake and surrounding mountains, while the spacious patio invites you to enjoy tranquil mornings or sunset gatherings by the water. The primary suite offers peaceful lake views, a generous walk-in closet, and a luxurious ensuite bath complete with jetted tub and separate shower. Each bedroom features direct access to its own bathroom, ensuring privacy and convenience for all. This highly desired floor plan offers the ease of single-level living--no interior steps--and includes an assigned dock, perfect for a small electric boat or kayak. Located within the prestigious Lake Mirage Racquet Club, residents enjoy world-class amenities including 25 acres of open lake for sailing and rowing, scenic jogging and cycling paths, 10 tennis courts, 2 pickleball courts, 11 pools and spas, a fitness center, and a clubhouse ideal for private gatherings. All set within a guard-gated community just minutes from premier shopping, fine dining, and top-rated healthcare in the heart of Rancho Mirage.

Features & Amenities

Property Details

Subdivision
Lake Mirage Racquet Club
Land Type
Fee
Year Built
1988
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
4
Garage Spaces
2
Heating
Central, Fireplace(s), Natural Gas
Cooling
Ceiling Fan(s), Central Air
View
Lake, Mountain(s), Panoramic, Pool, Water
Flooring
Laminate, Tile
Roof
Clay Tile, Composition
City
Rancho Mirage
Zip Code
92270
County
Riverside
Listed byColdwell Banker Realty, Kimberly Rogers·760-272-6383

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,674.91
Principal & Interest
Loan Amount
$423,200
Total Interest
$539,768
Total Payment Over 30 Years
$962,968
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Lake Mirage Racquet Club

This property is located in Lake Mirage Racquet Club, a community in Rancho Mirage. Explore more listings in this neighborhood to compare options and pricing.

View Lake Mirage Racquet Club Listings

Comparative Market Analysis

Residential Tier · 3 active · 5 closed

165 Lake Shore Drive, Rancho Mirage, CA 92270

Lake Mirage Racquet Club · Rancho Mirage · Condominium

$529K
Residential Tier
Beds
3
Baths
3
Sqft
1,813
Lot
6,098 sqft
Year
1988
$/Sqft
$292
Pool: Yes
Spa: Yes
View: city
Garage: 2-car

Listed 7.2% below the median closed sale of $570,000. Closed comps sold at 95% of list — buyers have negotiating leverage.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $529K· $292/sqft
Total list price
Closed comps
vs closed median $570K
$41K (7.2%)
Active comps
vs active median $739K
$210K (28.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $341
$49 (14.5%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
30 Lake Shore DriveRancho Mirage1988332,1485,662$319$685,0002587
138 Lake Shore DriveRancho Mirage1988342,1486,098$344$739,0002584
19 Lake Shore DriveRancho Mirage1988332,1487,841$361$775,00010582
Total: 3 · Average3.03.32,1486,533.667$341.333$733,00051.666666666666664
Median2,148$739,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
139 Lake Shore DriveRancho Mirage198807/10/2026331,9474,792$499,000$425,000$2180.8522296
78 Lake Shore DriveRancho Mirage198806/01/2026321,9470$675,000$621,250$3190.927185
55 Colonial DriveRancho Mirage198906/29/2026321,8066,098$575,000$570,000$3160.999170
73 Majorca DriveRancho Mirage197505/27/2026321,5810$555,000$545,000$3450.9810568
89 Augusta DriveRancho Mirage198806/18/2026321,6204,792$599,000$593,000$3660.994166
Total: 5 · Average3.02.21,780.25,227.333$550,850$550,850$312.8106
Median1,806$570,000$570,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.