71528 Estellita Drive, Rancho Mirage, California 92270, Rancho Mirage, - bed, bath

ACTIVE$1,499,000
71528 Estellita Drive, Rancho Mirage, California 92270
5Beds
3Baths
2,009Sqft
13,068Lot
Year Built
1956
Close
-
List price
$1.5M
Original List price
$1.63M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
219118431PS
Home ConditionGood
Features
Good View: Hills, Mountain(s)
Pool
Patio
ViewHills, Mountain(s)

About this home

MAJOR PRICE DROP!! Now price to sell quickly. Capturing the pure essence of genuine Mid-Century Modern style, this outstanding home in Rancho Mirage's desirable Magnesia Falls Cove maintains the optimistic architectural aesthetic of 1956 while carefully incorporating today's preferred amenities. Not included in the 2009 square feet is a fully self-contained ADU featuring a kitchenette, bath, laundry, private entrance and patio, with a highly successful rental history. Seller has contractor proposals to reconvert back to the original 2-car garage and is willing to do so. Designed by acclaimed architects at The Alexander Construction Company and built by beloved television and radio personality Art Linkletter, this exceptionally maintained single-level home is completely private. Grounds of nearly 13,068 s.f. reveal a walled and gated front yard with panoramic mountain views, a large swimming pool, spacious patios and custom rockscapes, creating the ideal setting for memorable outdoor entertaining. The free-flowing design hosts five bedrooms and three baths. The main home is bathed in natural light that streams through floor-to-ceiling windows, inviting mountain and pool views into a large living room with stone fireplace, and a dining room that opens to a serene patio. Caesarstone countertops shine in an open kitchen with custom cabinetry, full mosaic-tile backsplash, and stainless steel appliances including a wine refrigerator and a five-burner range with double oven. Baths are adorned with custom tile and upgraded fixtures, and the primary suite offers enviable privacy and generous closet space.

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (248 Listings)
Beds53
90%
Baths33
50%
Square foot2,0092,950
15%
Lot Size13,06810,890
56%
Price$1.5M$1.13M
64%
Price per square foot$746$416
92%
Built year19562000
2%
HOA$8,800
Days on market382194
96%
Condition Rating
Good

The property, built in 1956, has been updated with modern amenities. The description highlights a renovated kitchen with Caesarstone countertops, custom cabinetry, stainless steel appliances (including a wine refrigerator and double oven range), and custom-tiled bathrooms with upgraded fixtures. While the house isn't newly built, the described renovations suggest a well-maintained and updated property in good condition. The presence of an ADU also suggests ongoing maintenance and updates.
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 = 2009.
Mid-Century Modern Architecture: The property embodies the sought-after Mid-Century Modern style, appealing to a specific and often affluent buyer demographic.
Accessory Dwelling Unit (ADU): The self-contained ADU provides rental income potential or space for guests/family, adding significant value and flexibility.
Renovated Kitchen: The updated kitchen with Caesarstone countertops, custom cabinetry, and stainless steel appliances enhances the home's appeal and functionality.
Private Outdoor Space: The walled and gated front yard, large pool, spacious patios, and custom rockscapes create a private and desirable outdoor entertaining area.
Mountain Views: The property offers panoramic mountain views, a highly desirable feature in Rancho Mirage, enhancing its aesthetic appeal and market value.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Many Open Houses Held: The property is on market for 0 days and has already held 14 open houses.
Year Built (1956): While Mid-Century Modern is a plus, the age of the property may necessitate further updates or repairs in the future.
ADU Conversion Option: The seller is willing to convert the ADU back to a garage, which may indicate uncertainty about the best use of the space and could deter buyers specifically seeking an ADU.
Price Drop: The recent price drop may signal underlying issues or a need for further negotiation, potentially raising concerns for some buyers.

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