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42694 E Veldt Street, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 3 bath

42694 E Veldt Street, Rancho Mirage, California 92270 home-pic-0
ACTIVE$1,525,000
42694 E Veldt Street, Rancho Mirage, California 92270
4Beds
3Baths
2,580Sqft
13,068Lot
Year Built
1956
Close
-
List price
$1.52M
Original List price
$1.57M
Price/Sqft
$591
HOA
-
Days on market
-
Sold On
-
MLS number
219137753DA
Home ConditionExcellent
Features
Excellent View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

Great Deal:The estimated price is 3% above the list price. We found 3 Cons,6 Pros. Rank: price - $1.52M(71th), sqft - 2580(40th), beds - 4(64th), baths - 3(50th).

Magnesia Falls Cove is a hidden gem in the heart of Rancho Mirage. This designer desert home has been a great family retreat and occasional rental. FULLY FURNISHED and ready for the season, everything is included in the price! 4 bedrooms and 3 baths in 2,580 square feet on an oversized lot. 2 car garage. Great open kitchen for cooking and entertaining, LARGE living room, dining room and den/media room. Quiet and private PRIMARY SUITE with giant shower and massive closet, outdoor tub & shower as a fun bonus area. AND 3 additional bedrooms! UPDATED resort pool with Pentair equipment package, pebble finish, tanning shelf, umbrellas, raised spa with waterfall. NO work to be done, just arrive, take in the mountain views and RELAX!2 minutes to ''The River'' shopping and dining, 10 minutes to premier shopping and dining on EL Paseo Drive. Surrounded by hiking, golf and tennis opportunities. NOTE: INSTANT gratification found HERE and a quick, clean escrow would be easy in time for Christmas!

Nearby schools

6/10
Rancho Mirage Elementary School
Public,•K-5•0.5mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•4.5mi
5/10
Rancho Mirage High
Public,•9-12•5.9mi
4/10
Desert Learning Academy
Public,•K-12•8.2mi

Price History

Date
Event
Price
12/03/25
Price Change
$1,525,000-3.2%
10/28/25
Listing
$1,575,000
Condition Rating
Excellent
Despite being built in 1956, this property has undergone extensive and high-quality renovations, particularly evident in the kitchen and bathrooms. The kitchen features modern dark cabinetry, stainless steel appliances, a large island with contemporary pendant lighting, and stylish stone tile flooring. The bathrooms boast large walk-in showers with glass enclosures, modern vanities, and updated fixtures, all appearing virtually new. The description explicitly states 'UPDATED resort pool' and 'NO work to be done,' indicating a turnkey property with current quality standards and minimal physical depreciation. The overall aesthetic is a 'designer desert home' with modern finishes throughout, aligning with the criteria for an 'excellent' condition score.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 2580.
Turnkey & Fully Furnished: The property is fully furnished and ready for immediate occupancy or rental, with everything included in the price, offering instant gratification and convenience.
Resort-Style Outdoor Living: Features an updated resort pool with Pentair equipment, pebble finish, tanning shelf, umbrellas, raised spa with waterfall, and an outdoor tub & shower, ideal for desert living and entertaining.
Prime Location & Amenities: Located in the 'hidden gem' of Magnesia Falls Cove, just 2 minutes from 'The River' shopping/dining and 10 minutes from El Paseo, with abundant hiking, golf, and tennis opportunities nearby.
Spacious & Well-Appointed Interior: Offers 4 bedrooms, 3 baths, 2,580 sqft on an oversized lot, including a great open kitchen, large living/dining rooms, a den/media room, and a private primary suite with a giant shower and massive closet.
Desirable Mountain Views: Provides scenic mountain views, enhancing the property's aesthetic appeal and overall desert living experience.

Cons

Age of Construction: Built in 1956, the property's older construction, despite updates, may present potential for future maintenance or less modern infrastructure compared to newer builds.
Potential for High Operating Costs: A large home with a resort-style pool and spa in a desert climate typically incurs significant utility expenses for cooling, pool maintenance, and water.
Specific Furnishing/Design Style: While fully furnished and designed, the specific aesthetic may not appeal to all buyers, potentially limiting the market for those who prefer to personalize their living space.

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