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72424 Desert Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 2 bed, 3 bath

72424 Desert Drive, Rancho Mirage, California 92270 home-pic-0
ACTIVE$1,600,000
72424 Desert Drive, Rancho Mirage, California 92270
2Beds
3Baths
1,608Sqft
39,204Lot
Year Built
1946
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$995
HOA
-
Days on market
-
Sold On
-
MLS number
OC25243739
Home ConditionPoor
Features
Excellent View: Mountain(s), Neighborhood
Pool
Patio
ViewMountain(s), Neighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $1.60M(73th), sqft - 1608(5th), beds - 2(16th), baths - 3(50th).

COME SEE Magnesia Falls South. An example of old Hollywood Glamour. It is reputed to be the main house of HEDY LAMARR. This amazing property sits on almost an acre and is approximately 39,204 sq.ft., which could easily accommodate the addition of tennis courts, an ADU, and much more. This single-level home has 2 bedrooms, 3 bathrooms, a family room with a fireplace, and a bonus room. When it comes to outside of the home, you can enjoy a sparkling private in-ground pool. There is also ample parking, 2-car covered parking, and plenty of room for RV. The mountain views from the front and backyard are breathtaking. This location is in a highly sought-after area of Rancho Mirage-- a quiet neighborhood with easy access to COD, shopping, fabulous restaurants, and numerous championship golf courses. A home like this does not come up often. Your dream awaits.

Price History

Date
Event
Price
10/23/25
Listing
$1,600,000
Condition Rating
Poor
Built in 1946, this property exhibits an advanced age with interior finishes that are extremely dated, likely from 30-50+ years ago. The visible worn carpets, patterned wallpapers, and specific light fixtures indicate a need for substantial rehabilitation. While no images of the kitchen or bathrooms are provided, the overall aesthetic of the living areas strongly suggests these critical spaces would also require a complete renovation to meet modern standards. The property is likely uncomfortable to live in its current state for most buyers, necessitating significant investment beyond minor 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 = 39204, living area = 1608.
Expansive Lot & Development Potential: Nearly one acre (39,204 sq.ft.) offering significant space for expansion, an ADU, tennis courts, or other amenities, enhancing future value.
Prime Rancho Mirage Location: Situated in a highly sought-after, quiet neighborhood with excellent access to amenities like COD, shopping, fine dining, and championship golf courses.
Historic Charm & Celebrity Pedigree: Reputed connection to Hedy Lamarr and 'Old Hollywood Glamour' provides unique historical appeal and exclusivity.
Stunning Mountain Views: Breathtaking mountain views from both the front and backyard significantly enhance the property's aesthetic appeal and desirability.
Private Pool & Ample Parking: Features a private in-ground pool, essential for the desert climate, along with generous parking including covered spaces and RV accommodation.

Cons

Limited Interior Square Footage: The 1,608 sq.ft. living space with only 2 bedrooms is relatively modest for a property of this price point and expansive lot size, potentially requiring significant expansion for modern living.
Advanced Age of Structure: Built in 1946, the home's age suggests potential for substantial renovation and modernization costs to meet contemporary standards and buyer expectations.
High Price Point Relative to Current Interior: The $1.6 million list price, while reflecting the land and location, is substantial for a 2-bedroom, 1,608 sq.ft. home, implying a significant investment will be needed to realize its full potential.

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