162 Madrid St

Off Market

162 Madrid St

Rancho Mirage CA 92270

1877 sq. ft.

Other

Last sold for $160,000

Allen Brown, last sold this property on 10 September 2026 after 69 days on market.

Overview

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.

Features

2 bedrooms

2 bathrooms

2 carspaces

1877 sq. ft. floor area

Other

Estimated Value

Based on this property and similar 2 bedroom other properties sold in Rancho Mirage over the last 12 months, the estimated median property value of 162 Madrid St is $256.5k.

Median value

$256.5k

Estimated value range

$52k - $675k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Rancho Mirage. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 162 Madrid St

2026

Sold

$160,000

10 Sep 2026 by Allen Brown, of Engel & Volkers Palm Desert

2019

Sold

$85,000

17 Sep 2019 by Karen Theiler, of RE/MAX Consultants

Happy sellers in Rancho Mirage

91%

91% of sellers in Rancho Mirage reported that their sale price either exceeded or met their price expectations.

Rancho Mirage stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in Rancho Mirage over the last 12 months.

Local market activity for 2 bedroom other properties in Rancho Mirage

In the last 12 months, 23 two-bedroom other properties similar to 162 Madrid St, have been sold.

This represents a 4% decrease in two-bedroom other properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Rancho Mirage for a market analysis.

The Morgner Group

at Equity Union

(27 reviews)

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Melinda Anne Champagne

at Equity Union

(9 reviews)

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Shelley Cohen

at Equity Union

(10 reviews)

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Debra Manning

at Bennion Deville Homes

4.9

(19 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Rancho Mirage

The Morgner Group

Sellers who recommend The Morgner Group have praised them for being local expert, well-prepared, and responsive

5 (27 reviews)
12 Reviews in Rancho Mirage
35 Sales in Rancho Mirage

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Melinda Anne Champagne

Melinda Anne Champagne is an award winning recommended agent for Rancho Mirage. They have 5 local sales and collected 5 local reviews across the last 12 months.