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Sold for $160,000
  • $160,000

    162 Madrid St, Rancho Mirage, CA 92270

    2beds
    1,877sqft
    Manufactured Home, Mobile Home
    Built in 1978
    -- sqft lot
    $160,000 Zestimate®
    $85/sqft
    $-- Estimated rent

    Home value

    $160,000

    $147,000 - $174,000

    Not available

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Allen Brown DRE # 02108674 760-205-9900,

    Engel & Volkers Palm Desert 760-453-0072

    Bought with:

    Lowell Fulson, DRE # 01881415

    Keller Williams Realty

    Source: CLAW,MLS#: 26853383PSMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Breakfast Bar, Dining Area, Patio Covered, Pantry, Living Room, Great Room
    Bedroom
    • Features: Walk-In Closet(s)
    Bathroom
    • Features: Linen Closet, Shower and Tub
    Kitchen
    • Features: Counter Top, Open to Family Room, Pantry, Kitchen Island
    Heating
    • Central
    Cooling
    • Air Conditioning, Ceiling Fan(s), Central Air, Swamp Cooler(s)
    Appliances
    • Included: Gas Oven, Gas Cooktop, Microwave, Refrigerator, Dryer, Dishwasher, Washer, Range/Oven
    • Laundry: Inside, Laundry Room, Laundry Area
    Features
    • Built-in Features, Open Floorplan, Tandem, Built-Ins, Breakfast Counter / Bar, Dining Area
    • Flooring: Vinyl Plank
    • Doors: Mirrored Closet Door(s)
    • Windows: Drapes, Blinds
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: Detached/No Common Walls
    Interior area
    • Total structure area: 1,877
    • Total interior livable area: 1,877 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Carport
    • Has carport: Yes
    • Covered spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Covered Porch
    • Pool features: Association, In Ground, Heated And Filtered, Fenced
    • Spa features: Association Spa, In Ground, Heated, Tub With Jets
    • Has view: Yes
    • View description: Mountain(s)
    • Park: The Colony
    Lot
    • Features: Close to Clubhouse, Cul-De-Sac, Greenbelt
    Details
    • Additional structures: Manufactured Home
    • Parcel number: 009712755
    • On leased land: Yes
    • Lease amount: $15,231
    • Land lease expiration date: 4070908800000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MobileManufactured
    • Property subtype: Manufactured Home, Mobile Home
    Condition
    • Repair Cosmetic
    • Year built: 1978

    Utilities & green energy

    • Sewer: In Connected and Paid
    • Water: Water District

    Community & HOA

    Community
    • Security: Automatic Gate, Gated, Fire and Smoke Detection System, Card/Code Access, Carbon Monoxide Detector(s)
    HOA
    • Amenities included: Assoc Barbecue, Pool, Pickleball, Spa/Hot Tub, Gated, Fitness Center, Tennis Court(s), Onsite Property Management, Meeting Room, Clubhouse, Assoc Pet Rules, Billiard Room
    Location
    • Region: Rancho Mirage

    Financial & listing details

    • Price per square foot: $85/sqft
    • Tax assessed value: $49,746
    • Date on market: 7/2/2026
    • Body type: Triple Wide

    Price history

    DateEventPrice
    9/10/2026Sold$160,000-10.6%$85/sqft
    Source: CLAW #26853383PS Report a problem
    8/27/2026Pending sale$179,000$95/sqft
    Source: CLAW #26853383PS Report a problem
    8/7/2026Contingent$179,000$95/sqft
    Source: CLAW #26853383PS Report a problem
    8/5/2026Price change$179,000-21.8%$95/sqft
    Source: CLAW #26853383PS Report a problem
    7/25/2026Price change$229,000-7.7%$122/sqft
    Source: CLAW #26853383PS Report a problem
    7/2/2026Listed for sale$248,000+176.3%$132/sqft
    Source: CLAW #26853383PS Report a problem
    3/3/2020Listing removed$89,750+5.6%$48/sqft
    Source: RE/MAX Consultants #19465064PS Report a problem
    9/17/2019Sold$85,000-5.3%$45/sqft
    Source: CDAR/ Desert Area MLS #19465064 Report a problem
    8/21/2019Pending sale$89,750$48/sqft
    Source: RE/MAX Consultants #19465064PS Report a problem
    7/14/2019Listed for sale$89,750$48/sqft
    Source: RE/MAX Consultants #19465064PS Report a problem
    7/8/2019Pending sale$89,750$48/sqft
    Source: RE/MAX Consultants #19465064PS Report a problem
    6/6/2019Price change$89,750-5.5%$48/sqft
    Source: RE/MAX Consultants #19465064PS Report a problem
    5/10/2019Listed for sale$95,000$51/sqft
    Source: RE/MAX Consultants #19465064PS Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $49,746 +2%
    2025$537 -2.1%$48,771 +2%
    2024$548 -1.3%$47,815 +2%
    2023$555 +1.4%$46,878 +2%
    2022$548 +2.1%$45,959 +2%
    2021$536 +5.2%$45,058 +1%
    2020$510 +48.3%$44,596 +48.7%
    2019$344 0%$30,000 -36.9%
    2018$344 -0.5%$47,543 +58.5%
    2017$346 $30,000
    2016$346 +3.7%$30,000
    2015$333 -1.3%$30,000
    2014$337 $30,000
    2013-- $30,000 +11.1%
    2012-- $27,000 +22.7%
    2011-- $22,000
    2010-- $22,000 -44.2%
    2009-- $39,418 -4.3%
    2008-- $41,189 +2%
    2007-- $40,382 +2%
    2006-- $39,591 +2%
    2005-- $38,815 +43.8%
    2003-- $27,000
    2002-- $27,000 +8%
    2001$265 +0.6%$25,000
    2000$264 $25,000
    Find assessor info on the county website

    Neighborhood: 92270

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Palm Springs Unified

    Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $160,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $160,000