72374 Rancho Road, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 3 bath

72374 Rancho Road, Rancho Mirage, California 92270 home-pic-0
ACTIVE$1,999,000
72374 Rancho Road, Rancho Mirage, California 92270
4Beds
3Baths
2,559Sqft
18,731Lot

Price Vs. Estimate

The estimated value ($1,999,000) is $0 (0%) lower than the list price ($1,999,000). This property may be overpriced.

Key pros and cons

Top Pros:
Luxury Outdoor Oasis: The property features an 'entertainer's dream' backyard with a custom pool, spa, tanning shelf, two luxury cabanas, a fire pit, bocce ball court, and BBQ, all enhanced by landscape lighting, creating a stunning desert oasis.
Top Cons:
Leased Solar System: While providing energy efficiency, the solar system is leased, which means ongoing monthly payments and does not provide the full financial benefits of owned solar, potentially impacting long-term costs.

Compared to the nearby listings

Price:$2.00M vs avg $1.09M (+$909,000)80%
Size:2,559 sqft vs avg 2,895.5 sqft39%
Price/sqft:$781 vs avg $42294%

More Insights

Built in 1969 (56 years old).
Condition: Despite being built in 1969, this property has undergone a comprehensive and high-end modern renovation, making it virtually new in terms of condition and style. The kitchen boasts gourmet Viking appliances, waterfall quartz countertops, and sleek cabinetry. Bathrooms feature contemporary fixtures, custom tiling, and glass-enclosed showers. Throughout the home, there are modern light fixtures, concrete-look porcelain tile flooring, and vaulted wood plank ceilings. The exterior and backyard amenities, including a custom pool, cabanas, and solar system, also reflect a recent, luxurious upgrade, indicating all components are new or virtually new and meet current quality standards.
Year Built
1969
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$781
HOA
-
Days on market
-
Sold On
-
MLS number
219136472DA
Home ConditionExcellent
Features
Excellent View: Desert, Mountain(s), Pool, Trees/Woods
Pool
Spa
Patio
ViewDesert, Mountain(s), Pool, Trees/Woods

About this home

Welcome to a beautiful modern retreat in Rancho Mirage, where luxury and timeless design meet. This 4-bedroom, 3-bathroom home, set on a private .42-acre lot, captures the essence of resort-like living with sweeping mountain views and sophisticated indoor-outdoor spaces. The light-filled Great Room greets you with floor-to-ceiling windows, vaulted wood plank ceilings, and contemporary light fixtures. Concrete-look porcelain tile flooring and a sleek electric fireplace add a touch of refined elegance. The gourmet kitchen features Viking appliances, a wine fridge, waterfall quartz countertops, and a spacious breakfast bar. The primary suite is a true sanctuary with custom finishes, a walk-in shower, dual sinks, and a well-organized closet. An additional suite with a private entrance and kitchenette offers a versatile casita option. A leased solar system ensures energy efficiency. Outside, this home is an entertainer's dream. Privacy walls surround the backyard's custom pool, spa, tanning shelf, two luxury cabanas, a fire pit, a bocce ball court, and BBQ. Landscape lighting enhances the space, creating a stunning desert oasis. Situated in the heart of Rancho Mirage, this property is minutes from Palm Springs, Palm Desert, and the famed El Paseo shopping district, with easy access to golf courses, hiking, and top dining. This home offers a blend of privacy, elegance, and modern desert living in one of the Coachella Valley's most desirable locations.

Condition Rating
Excellent

Despite being built in 1969, this property has undergone a comprehensive and high-end modern renovation, making it virtually new in terms of condition and style. The kitchen boasts gourmet Viking appliances, waterfall quartz countertops, and sleek cabinetry. Bathrooms feature contemporary fixtures, custom tiling, and glass-enclosed showers. Throughout the home, there are modern light fixtures, concrete-look porcelain tile flooring, and vaulted wood plank ceilings. The exterior and backyard amenities, including a custom pool, cabanas, and solar system, also reflect a recent, luxurious upgrade, indicating all components are new or virtually new and meet current quality standards.
Pros & Cons

Pros

Luxury Outdoor Oasis: The property features an 'entertainer's dream' backyard with a custom pool, spa, tanning shelf, two luxury cabanas, a fire pit, bocce ball court, and BBQ, all enhanced by landscape lighting, creating a stunning desert oasis.
Modern Design & High-End Finishes: Boasts a 'beautiful modern retreat' with 'luxury and timeless design,' floor-to-ceiling windows, vaulted wood plank ceilings, concrete-look porcelain tile, and a sleek electric fireplace.
Gourmet Kitchen with Premium Appliances: Equipped with a gourmet kitchen featuring Viking appliances, a wine fridge, waterfall quartz countertops, and a spacious breakfast bar, appealing to culinary enthusiasts.
Versatile Casita/Guest Suite: Includes an additional suite with a private entrance and kitchenette, offering a flexible casita option ideal for guests, extended family, or potential rental income.
Prime Rancho Mirage Location & Views: Situated in the heart of Rancho Mirage with 'sweeping mountain views,' offering close proximity to Palm Springs, Palm Desert, El Paseo shopping, golf courses, hiking, and top dining.

Cons

Leased Solar System: While providing energy efficiency, the solar system is leased, which means ongoing monthly payments and does not provide the full financial benefits of owned solar, potentially impacting long-term costs.
Original Construction Year: Built in 1969, despite significant modern updates, the underlying structure and some systems may still be original or require future attention, which could be a concern for some buyers.
Extensive Outdoor Maintenance: The luxurious and expansive outdoor amenities, including a custom pool, spa, cabanas, bocce ball court, and detailed landscaping, will require substantial ongoing maintenance and associated costs.

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