162 Madrid St , Rancho Mirage, CA 92270
$179,000
Est. Payment: $900.70/mo
2 Bed
2 Bath
1877 Sqft
Status: active with contingency | Days on site: 36
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House Description

Welcome to one of the most sought-after addresses in the Coachella Valley. Nestled inside the gated community of The Colony at Rancho Mirage famously known as "The Playground of Presidents" this beautifully appointed 2-bedroom, 2-bathroom home delivers over 1,800 square feet of resort-style living at an exceptional value. From the moment you step inside, the soaring high ceilings and abundant natural light set the tone. The open layout flows effortlessly from the spacious living area where panoramic mountain views steal the show into a contemporary kitchen featuring quartz countertops, an extraordinary pantry, and ample cabinetry. A separate dining room with built-in cabinets adds elegance and function, while the adjoining great room or den is perfectly sized for entertaining, a home office, or a media retreat. The oversized primary suite is a true sanctuary, complete with a walk-in closet that impresses and a humongous bathroom featuring a deep soaking tub, separate shower, quartz counters, and gleaming nickel fixtures. The second bathroom mirrors the same high-end finishes. Both bedrooms offer generous space and flexibility. Additional highlights include durable vinyl flooring throughout, Solar window coverings for energy efficiency and comfort, Central A/C plus evaporative cooling, dual systems for year-round desert comfort. Separate laundry room. Private covered front porch surrounded by mature landscaping your own shaded desert retreat. Tandem carport with ample parking. Life in The Colony extends well beyond your front door. Residents enjoy access to a resort-caliber amenity package: clubhouse, multiple pools and spas, fitness center, tennis and pickleball courts, billiards room, library, pub, hair salon, and a packed social calendar. All of this plus a land lease running through 2099 and a current monthly space rent of approximately $1,270 makes this one of the most affordable luxury lifestyle opportunities in Rancho Mirage. Minutes from world-class dining, shopping, golf, Eisenhower Health, and the emerging Cotino, (the new Disney development) this home is ideally positioned in the heart of the desert.

Highlights

Listed by Allen Brown , 415-425-7920 Engel & Volkers Palm Desert , 760-453-0072. CRMLS/Multi-Regional MLS mls logo

Property Type

Manufactured Home

Year Built

1978

County

Riverside

Area

321 - Rancho Mirage

Neighborhood

The Colony

School District

Palm Springs Unified

Listing ID

26853383PS

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Dryer, Washer
Air Cond:Central Air,Evaporative Cooling
Fireplaces:
Other:Breakfast Bar,Separate/Formal Dining Room,Open Floorplan,Tandem,Call,Pets Allowed

Exterior Features

Lot:Land Lease
Garage Capacity:2
Others:Repairs Cosmetic,2+ Total Units
Sewer:Sewer Tap Paid
Parking Features:Attached Carport
Principal Interest
$901
Taxes
$114

Home Price

$179,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$35,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$900.70

Principal

Taxes

Principal Taxes HOA Total
Monthly $900.70 $114.11 $0.00 $1,014.81
Yearly $10,808.40 $1,369.35 $0.00 $12,177.75
Total $324,251.89 $41,080.50 $0.00 $365,332.39

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Rancho Mirage, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-08-08T10:35:52.000Z

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