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5 Princeton — Rancho Mirage — 3 Beds • 3 Baths • 2,968 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+22 more

$1,199,000

163 DOM

$404/sqft3 bd3 ba2,968 sqftHOA ~1,826/mo

Call

5 Princeton Rancho Mirage, CA 92270

6,098sqft lot

This beautifully upgraded, turnkey Doral model residence located within the prestigious The Springs country club offers an exceptional living experience with breathtaking views of the surrounding mountains, golf course, and serene lake. Situated by the 5th green, enjoy expansive vistas from nearly every room in the house. As you enter inside, you’ll be greeted by an open, light-filled living space that seamlessly blends modern comfort with luxury. The spacious living room leads out to a wraparound patio, perfect for enjoying the views and relaxing with friends or family. Two private patios provide additional outdoor spaces to unwind in peace. For the entertainer, the home boasts a wet bar, making hosting gatherings a breeze. The home is ideally situated next to a pool, offering easy access for a refreshing swim. With high-end finishes and numerous upgrades, this property is truly turnkey, ready for you to move right in. Whether you're enjoying the views, relaxing by the pool, or entertaining in your stunning new home, this property is a must-see. Property offered furnished.

MLS OC25252368

949-499-1320 (Office) donna.summers@cbrealty.com

Est. payment

$9,488/mo

Principal & interestTaxesInsuranceHOA

$6,063$1,249$350$1,826

Down %

Rate %

Years

Down payment: $239,800 · Total cost: $2,422,407

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$9,488/mo

Principal & interest: $6,063
Est. property tax: $1,249
Est. insurance: $350
HOA (normalized / mo): $1,826
Down payment: $239,800

Est. gross rent$4,996/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-4,492/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Nov 2, 2025	$1,395,000	—

Facts & Features

Transaction Data

▼Price Reduced from $1,395,000 (−$196,000)

HOA Fee$1,826/monthly

Structure & Property

Year Built1980

Garage Spaces3

949-499-1320 (Office) donna.summers@cbrealty.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

5 Princeton, Rancho Mirage, CA 92270

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Call

5 Princeton Rancho Mirage, CA 92270

About this home

Donna Summers

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Donna Summers

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

5 Princeton, Rancho Mirage, CA 92270

About This Property

Property Photos

5 Princeton Rancho Mirage, CA 92270

About this home

Donna Summers

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Donna Summers

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.