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62 Lake Shore Drive, Rancho Mirage, CA 92270

$895K3bd · 3ba · 1,947 sqft
Lot 7,369 sqft•HOA $1119/mo•Condominium•
Active
•16d on market•MLS# 219154515

Property Description

Panoramic lake and mountain views, a beautifully renovated interior, and a quiet cul-de-sac location make this lakefront home a special offering in Lake Mirage Racquet Club. A complete renovation finished in fall 2024 brings a fresh, modern feel to the home, complementing its beautiful waterfront setting. Inside, the bright, open floor plan is complemented by premium tile flooring throughout, updated lighting and ceiling fans, and new doors, molding and baseboards. The new kitchen and remodeled bathrooms, including heated bidets, bring modern comfort to the home, while a redesigned laundry room and custom closet systems provide generous storage. Motorized blinds in all bedrooms offer remote or smartphone control. The primary suite features an upgraded custom walk in closet and a newly added private patio with views of the San Jacinto Mountains. Situated on one of the largest lots in Lake Mirage, the spacious lakeside yard provides privacy and plenty of room for dining, relaxing and entertaining, with potential space to add a private pool if desired, subject to HOA approval and applicable permits. The main patio captures lake and mountain views, creating an inviting place to gather with friends or enjoy a quiet evening by the water. Recently completed landscaping frames the primary bedroom patio and entry walkway. Additional improvements include a new Bosch HVAC system, Navien tankless water heater, energy efficient skylights, Culligan water softening and purification systems, and an upgraded atrium with a new drainage system. Residents of guard gated Lake Mirage Racquet Club enjoy lakes, community pools and spas, tennis and pickleball courts, a clubhouse, and a fitness center. The community is also home to the Lake Mirage Yacht Club. Whether you're looking for a full time home or a desert retreat, this renovated lakefront residence offers a beautiful setting to enjoy the Rancho Mirage lifestyle.

Features & Amenities

Property Details

Subdivision
Lake Mirage Racquet Club
Land Type
Fee
Year Built
1989
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
4
Garage Spaces
2
Heating
Central, Fireplace(s)
Cooling
Air Conditioning, Ceiling Fan(s), Central Air
View
Lake, Mountain(s), Panoramic, Water
Flooring
Tile
Roof
Flat, Tile
City
Rancho Mirage
Zip Code
92270
County
Riverside
Listed byeXp Realty Of Southern California Inc, Thomas Jordan·760-851-4158

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,525.61
Principal & Interest
Loan Amount
$716,000
Total Interest
$913,219
Total Payment Over 30 Years
$1,629,219
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 · 5 active · 5 closed

62 Lake Shore Drive, Rancho Mirage, CA 92270

Lake Mirage Racquet Club · Rancho Mirage · Condominium

$895K
Residential Tier
Beds
3
Baths
3
Sqft
1,947
Lot
7,405 sqft
Year
1989
$/Sqft
$460
Pool: No✓
Spa: No✓
View: city✓
Garage: 2-car✓

Listed 6.7% above the median closed sale of $839,000. Price per sqft ($460) is a 21% premium to closed comps ($381).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $895K· $460/sqft
Total list price
Closed comps
vs closed median $839K
+$56K (+6.7%)
Active comps
vs active median $899K
−$4K (−0.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $437
+$23 (+5.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
149 Lake Shore DriveRancho Mirage1988321,8885,544$476$899,0005888
210 Desert Lakes DriveRancho Mirage1985333,0496,553$295$899,0002973
32 Padron WayRancho Mirage1978322,0512,024$448$919,000967
33 Medina WayRancho Mirage1977331,6852,614$591$995,0002066
175 Las LomasPalm Desert1979232,2202,152$373$829,0002366
Total: 5 · Average2.82.62,178.63,777.4$436.6$908,20027.8
Median2,051$899,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
169 Lake Shore DriveRancho Mirage198502/26/2026332,4176,098$839,000$839,000$3471.002883
119 Don Quixote DriveRancho Mirage197801/08/2026322,4780$795,000$775,000$3130.979062
338 Paseo PrimaveraPalm Desert197904/27/2026221,9581,742$948,000$952,000$4861.006161
341 Gran ViaPalm Desert197902/26/2026221,8002,614$925,000$915,000$5080.99359
187 Kavenish DriveRancho Mirage199707/14/2026343,2194,356$825,000$813,570$2530.999155
Total: 5 · Average2.62.62,374.43,702.5$858,914$858,914$381.4—54.6
Median2,417$839,000$839,000

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.