138 Lake Shore Drive - Pool at Dusk
1 / 30

138 Lake Shore Drive, Rancho Mirage, CA 92270

$739K3bd · 4ba · 2,148 sqft
Lot 6,098 sqftHOA $1119/moCondominium
Active
25d on marketMLS# 219149231

Property Description

Experience the ultimate in waterfront desert living in this lakefront residence at Lake Mirage Racquet Club. Perfectly positioned to capture stunning lake and mountain views, this exceptional home offers an enviable west-facing orientation, providing breathtaking sunsets from the expanded lakeside patio. Designed for both relaxation and entertainment, the outdoor living space features a retractable awning, and built-in BBQ. The generous covered patio area overlooking the sparkling lake is located at water's edge with private dock perfect for fishing and launching a kayak or electric boat. Inside, you will find a sophisticated interior enhanced with warm neutral tones, soaring vaulted ceilings, ceiling fans, plantation shutters, and elegant tile flooring throughout. The kitchen highlights slab granite countertops, a glass tile backsplash, custom cabinetry, upgraded lighting, and abundant storage. The spacious primary suite serves as a private retreat with lake views, a luxurious upgraded bath featuring a separate soaking tub and shower, and a large walk-in closet with custom built-ins. Each bedroom offers its own walk-in closet and bath, providing comfort and privacy for family and guests. One bedroom is set up as a versatile den/office including custom built-in cabinetry and a Murphy bed, making it ideal as a home office, media room, or additional guest space. Residents of Lake Mirage enjoy an unparalleled resort lifestyle with access to tennis and pickleball courts, a fitness center, clubhouse, pitch-and-putt golf, electric boating, paddleboarding, kayaking, and scenic walking paths throughout the community's lushly landscaped 80-acre oasis. Ideally located near premier shopping, dining, entertainment, and medical facilities, Lake Mirage offers one of the desert's most desirable waterfront lifestyles. Do not miss this rare opportunity to own a beautifully upgraded lakefront home with spectacular views, exceptional amenities, and the absolute best resort-style living.

Features & Amenities

Property Details

Subdivision
Lake Mirage Racquet Club
Land Type
Fee
Year Built
1988
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central, Fireplace(s), Forced Air
Cooling
Air Conditioning, Central Air
View
Lake, Mountain(s), Water
Flooring
Tile
City
Rancho Mirage
Zip Code
92270
County
Riverside
Listed byBennion Deville Homes, John Jay·760-578-7541

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,736.79
Principal & Interest
Loan Amount
$591,200
Total Interest
$754,043
Total Payment Over 30 Years
$1,345,243
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

138 Lake Shore Drive, Rancho Mirage, CA 92270

Lake Mirage Racquet Club · Rancho Mirage · Condominium

$739K
Residential Tier
Beds
3
Baths
4
Sqft
2,148
Lot
6,098 sqft
Year
1988
$/Sqft
$344
Pool: Yes
Spa: Yes
View: mountain
Garage: 2-car

Listed 27.4% above the median closed sale of $580,000. Price per sqft ($344) is a 27% premium to closed comps ($270). Closed comps sold at 94% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 131 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $739K· $344/sqft
Total list price
Closed comps
vs closed median $580K
+$159K (+27.4%)
Active comps
vs active median $685K
+$54K (+7.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $324
+$20 (+6.2%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
30 Lake Shore DriveRancho Mirage1988332,1485,662$319$685,0001989
19 Lake Shore DriveRancho Mirage1988332,1487,841$361$775,0009984
165 Lake Shore DriveRancho Mirage1988331,8136,098$292$529,00027482
Total: 3 · Average3.03.02,036.3336,533.667$324$663,000130.66666666666666
Median2,148$685,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
78 Lake Shore DriveRancho Mirage198806/01/2026321,9470$675,000$621,250$3190.927191
139 Lake Shore DriveRancho Mirage198807/10/2026331,9474,792$499,000$425,000$2180.8522284
152 Kavenish DriveRancho Mirage199707/10/2026332,1364,356$649,000$650,000$3041.006974
38 Tennis Club DriveRancho Mirage198105/14/2026332,3200$599,000$580,000$2500.976472
88 Tennis Club DriveRancho Mirage198105/15/2026332,0790$555,000$540,000$2600.9722772
Total: 5 · Average3.02.82,085.84,574$563,250$563,250$270.2130.6
Median2,079$580,000$580,000

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.