28
Map
$499,000
↓ $50K (9.1%)
●
Land -
For Sale
12102 Turnberry Drive
Rancho Mirage, CA 92270
Studio
0 Bath
$2,921
Est. Monthly
$470
HOA / Fees
About This Property
Stunning Multiple Arnold Palmer Fairway, Lake and Mountain Views
from this 1/3 Acre lot in coveted Fairway Estates at Mission Hills
Country Club. This spectacular lot allows for multiple options for
building and allows for stunning views from both indoor and outdoor
living areas. Seller has conceptual plans available that
would include a lower level with additional garage spaces for a
total of 7 garage spaces and approximately 6800 square feet of
living space. Conceptual plans have been discussed and the design
is based on the planning department guidelines with the City of
Rancho Mirage. Buyer to verify any potential for building on the
lot - ready for your new desert home.
Unit Size
-
Days on Market
37 days
Land Size
0.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$470
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 20 days ago (CRMLS #219153307DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$499,000
↓ $50K
(9.1%) | |
| Price Decreased | |||
| Sep 28, 2026 | Price Decreased |
$549,000
↓ $50K
(8.4%) | |
| Price Decreased | |||
| Sep 24, 2026 | Listed by Bennion Deville Homes | $599,000 | |
| Listed by Bennion Deville Homes | |||
| Feb 17, 2025 | Listed | $599,000 | |
| Listed | |||
| | |||
|
Stunning Multiple Arnold Palmer Fairway, Lake and Mountain Views from this 1/3 Acre lot in coveted Fairway Estates at Mission Hills Country Club. This spectacular lot allows for multiple options for building and allows for stunning views from both indoor and outdoor living areas. Seller has conceptual plans available that would include a lower level with additional garage spaces for a total of 7 garage spaces and approximately 6800 square feet of living space. Conceptual plans have been discussed and the design is based on the planning department guidelines with the City of Rancho Mirage. Buyer to verify any potential for building on the lot - ready for your new desert home.
| |||
Property Highlights
Exterior Details
Lot Features: On Golf Course
Lot Size Area: 14810
Lot Size Units: Square Feet
Lot Size Acres: 0.34
Lot Size Square Feet: 14810
Location Details
HOA Fee: $470
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Mission Hills Country Club
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Bomgardner Blenkinsop and As..., Bennion Deville Homes
Last Updated: 20 days ago
Data Source: CRMLS, MLS# 219153307DA
Last Updated: 20 days ago
Data Source: CRMLS, MLS# 219153307DA
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