23 Stephen Terrace, Rancho Mirage, California 92270, Rancho Mirage, - bed, bath

home-pic
ACTIVE$3,397,000
23 Stephen Terrace, Rancho Mirage, California 92270
5Beds
6Baths
5,822Sqft
21,780Lot
Year Built
1998
Close
-
List price
$3.4M
Original List price
$3.4M
Price/Sqft
-
HOA
$583
Days on market
-
Sold On
-
MLS number
219137464DA
Home ConditionGood
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

23 stephen Terrace is an elegant estate that offers the perfect blend of luxury and privacy, set against the backdrop of breathtaking panoramic south mountain views. This residence is a testament to refined living, nestled on a generous 21,780 square foot lot. The resort like pool area is a private retreat, designed for both relaxation and entertaining. It includes a fully equipped outdoor kitchen and adjacent living room with fireplace, making this perfect place for alfresco dining and gatherings under the stars. The property also features an owned solar system located on its new roof, enhancing its energy efficiency and sustainability. The private poolside casita offers additional space for guests or a private office, enhancing the versatility of this remarkable property.

Nearby schools

6/10
Rancho Mirage Elementary School
Public,K-52.8mi
3/10
Nellie N. Coffman Middle School
Public,6-82.2mi
5/10
Rancho Mirage High
Public,9-123.0mi
4/10
Desert Learning Academy
Public,K-126.5mi

Price History

Date
Event
Price
10/23/25
Listing
$3,397,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (248 Listings)
Beds53
90%
Baths63
90%
Square foot5,8222,950
90%
Lot Size21,78010,890
84%
Price$3.4M$1.13M
92%
Price per square foot$583$416
79%
Built year19982000
45%
HOA$583$8,800
12%
Days on market12193
0%
Condition Rating
Good

Built in 1998, this elegant estate is meticulously maintained and move-in ready. Key upgrades include a new roof and an owned solar system, indicating significant recent investment in major components. While the visible kitchen (outdoor) and bar areas feature high-quality materials like granite and stainless steel appliances, their aesthetic style appears to be from the original build or an older renovation (15-25 years ago) rather than a recent, full modern overhaul. However, all systems appear functional and in excellent condition, with no immediate renovations required. The property's overall luxurious presentation and well-kept nature align with a 'Good' rating, despite some stylistic elements not being cutting-edge modern.
Pros & Cons

Pros

Panoramic Mountain Views: The estate offers breathtaking panoramic south mountain views, providing a stunning backdrop and enhancing the property's appeal.
Luxurious Outdoor Living: Features a resort-like pool area with a fully equipped outdoor kitchen and an adjacent living room with a fireplace, ideal for relaxation and entertaining.
Energy Efficiency: Equipped with an owned solar system on a new roof, significantly enhancing energy efficiency and sustainability.
Versatile Private Casita: A private poolside casita provides flexible additional space, perfect for guests or a dedicated home office.
Generous Lot Size & Privacy: Nestled on a substantial 21,780 square foot lot, offering ample space and a high degree of privacy.

Cons

Potential Overpricing: The current listing price is 3% above the estimated property value, which may indicate it is slightly overvalued in the current market.
Property Age: Built in 1998, the property is 26 years old, and while a new roof and solar are noted, other systems or interior finishes may require updates not specified.
High Association Fees: A monthly association fee of $583.0 represents a significant recurring cost that potential buyers must factor into their budget.

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