
Rancho Mirage, California 92270
This Spacious Luxury Estate is a Strong Value Opportunity, listed at $1,275,000—positioned well below the $1,404,160 Fair Market Value by 9%. This valuation gap offers $129,160 in Instant Equity for buyers. Maintaining a Condition Rating of 3, the property features four ensuite bedrooms, a salt water pool, and mountain views. Proximity to James Earl Carter Elementary (Rating 8) enhances its long-term appeal. This is an ideal acquisition for Owner-Occupants or Lifestyle-Driven Buyers seeking a turnkey desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 110 Calle Los Hibiscos Subject | $1,275,000* List Price | 4 | 5 | 3,555 | $393 | - |
A 29 Calle La Reina Sold | $1,025,000 | 4 | 4 | 2,363 | $434 | 0.3 mi |
B 16 Corte Del Sol Sold | $1,100,000 | 3 | 4 | 2,608 | $422 | 0.5 mi |
C 26 Calle La Reina Sold | $1,080,000 | 4 | 4 | 2,363 | $457 | 0.3 mi |
D 8 Park Mirage Lane Sold | $939,000 | 3 | 3 | 2,225 | $422 | 0.9 mi |
E 117 Calle De Las Rosas Active | $1,499,000 List Price | 4 | 5 | 3,555 | $422 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002, this property is in meticulous condition and shows clear pride of ownership. The home is move-in ready with high-quality porcelain tile flooring, a gourmet kitchen featuring a center island and stainless steel appliances, and four ensuite bathrooms. While the cabinetry and fixtures reflect the original 2002 styling, they are well-maintained with no signs of deferred maintenance. The exterior, including the salt water pool and stone coping, appears to be in excellent shape, meeting the criteria for a well-maintained home within the 20-year age range.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15682, living area = 3555.
As the largest floor plan in La Terraza Palacio, this 3,555 sqft home offers four ensuite bedrooms and a dedicated library, providing exceptional space and privacy for families or high-end entertaining.
The property features a private cul-de-sac location with a saltwater pool and spa artfully framed in stone, designed for seamless indoor-outdoor living with desirable mountain views.
Built in 2002, some interior finishes and architectural styles may feel dated to modern buyers looking for the ultra-contemporary aesthetics currently trending in the Rancho Mirage market.
The combination of a large interior square footage, a private saltwater pool, and an expansive 15,000+ sqft lot will likely result in significant monthly utility and landscape maintenance expenses.
The Great Entertainer! Largest plan at La Terraza Palacio, 4 bedrooms each ensuite,gourmet kitchen with center island open to family room enabling chef to participate in social entertaining. A library for the literary buff, porcelain tile floors in main living areas. Wonderful custom walk-in closets, formal dining and seamless indoor-outdoor entertaining. design. Very private cul de sac location with salt water pool & spa artfully framed in stone coping. The central location to shopping, restaurants and medical facilities creates time saving convenience. Pride of ownership, meticulous inside and out value is in location, size, condition and amenities. Oh yes, 3 car garage, too!
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 5.0 | 3.0 | 76% |
| Square foot | 3,555 | 2,726 | 75% |
| Lot Size | 15,682 | 10,454 | 78% |
| Price | $1.27M | $1.11M | 55% |
| Price per sq ft | $359 | $438 | 25% |
| Built year | 2002 | 2001 | 53% |
| HOA | $295.0 | $445 | 23% |
| Days on market | 53 | 164 | 5% |
Mar 1, 2026
$1,275,000
Initial Listing
Nov 21, 2002
$528,000
Public Record