tomo logo

$1,375,000

Beds
5
Baths
5.0
sq ft
4,355

40 Scarborough Way, Rancho Mirage, CA 92270

40 Scarborough Way

Rancho Mirage, CA 92270

  • 48 days on market
    • Price drop $25,000↓
Discover your own private oasis in this exquisitely remodeled and fully furnished desert retreat, where luxury meets comfort to create an everyday vacation experience. This expansive property boasts one of the largest one-story layouts in the gated Victoria Falls community, offering 5 bedrooms, 5.5 bathrooms, and an attached casita with a private entrance, all set on over half an acre. Step through the private courtyard with its soothing water feature into a grand entry that opens to a luxurious living space. The heart of the home features a chef's kitchen with updated countertops, stainless steel appliances, and an oversized island, complemented by a cozy den and an elegant living room with a fireplace and wet bar. Large windows frame views of the serene backyard oasis, complete with a resort-sized saltwater pool, raised spa, and retractable awnings. The primary suite is a true retreat, boasting a fireplace, custom shower, and walk-in closet, while three additional en-suite bedrooms provide ample space for guests. Premium finishes throughout include high ceilings, plantation shutters, custom blinds, new large tile flooring, and fresh paint. Outdoor enthusiasts will appreciate the community's tennis, pickleball, and basketball courts, as well as proximity to world-class golf courses. With a three-car garage and a location just a short drive from Palm Springs International Airport, shopping, and dining, this turnkey home offers the perfect blend of luxury, comfort, and convenience in a coveted desert setting.

Details

Property type

Single Family Residence

Est. home value

$1,381,066

Property condition

Updated/Remodeled

Lot size

0.4 acres

Price per sq ft

$316

Year built

2000

Monthly HOA fee

$380

Price History

10/20/2024
CLAW

CLAW #24449293

Price change
$1,375,000
-1.79%
10/05/2024
CLAW

CLAW #24395741

Removed
$1,400,000
10/05/2024
CLAW

CLAW #24449293

Listed
$1,400,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$190,761
Asking price
$1,375,000
Closing costs (~8% of asking)
-$110,000
Est. remaining loan balance
-$1,074,239
Cash to seller
$190,761

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fidelity Lending Solutions Inc

Loan start date

June 2023

Original loan amount

$1,092,000

Est. remaining balance

$1,074,239

Interest rate

6.43%

Loan type

New Conventional, 30 year

Seller

Ryan Gregory Block and Madison Sara Block

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 2:15 PM

Listing updated: 10/20/2024 at 1:30 PM

Listed by: Ryan Williams, Equity Union Phone #: (818) 989-2000

MLS: CLAW #24449293

CLAW logo

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