21 Calle La Reina, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 5 bath

21 Calle La Reina, Rancho Mirage, California 92270 home-pic-0

21 Calle La Reina

Rancho Mirage, California 92270

ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
3,172Sq Ft
12,632Lot Size

Property Price

LIST PRICE$1,550,000
EST. MARKET VALUE
$1,638,828
5% BelowMARKET VALUE

SUMMARY

Analysis of 21 Calle La Reina, Rancho Mirage, California 92270 reveals a Prime Investment Opportunity with a current list price of $1,550,000—significantly undercutting the $1,638,828 Fair Market Value by 5%. This valuation gap indicates a +$88,828 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Rancho Mirage Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,638,828 +$88,828 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Rancho Mirage.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
21 Calle La Reina
Subject
$1,550,000*
List Price
453,172$517-
A
16 Corte Del Sol
Sold
$1,100,000342,608$4220.1 mi
B
17 Bellisimo Court
Active
$1,450,000
List Price
443,148$4610.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

While originally built in 2002, the property has undergone extensive recent renovations that align with current luxury standards. The gourmet kitchen is fully updated with modern marble-look quartz countertops, light gray cabinetry, and premium Sub-Zero appliances. The home features high-end custom finishes including stacked-stone masonry, updated lighting, and a luxurious primary bath with travertine and a Roman tub. The property is impeccably maintained and move-in ready with no signs of deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Panoramic Mountain Views

    The property features a highly desirable south-facing backyard that provides unobstructed, breathtaking views of the Santa Rosa and San Jacinto mountains.

  • Gourmet Chef's Kitchen

    The kitchen is equipped with premium Sub-Zero appliances, marble-look quartz countertops, and a massive center island, offering a high-end culinary and entertaining space.

  • Resort-Style Outdoor Living

    The exterior is a true desert oasis featuring a saltwater pool and spa with a waterfall, a built-in outdoor kitchen, and mature fruit trees, all in move-in ready condition.

CONSRISKS & DEFICIENCIES

  • 2002 Construction Standards

    While impeccably maintained, the home's 2002 vintage may lack the advanced energy efficiency and integrated smart-home technology found in more recent luxury developments.

  • Subdivision Density

    The 0.29-acre lot, while beautifully landscaped, offers less privacy and space compared to the larger, more secluded estate lots often found in the Rancho Mirage luxury tier.

About 21 Calle La Reina

Experience gated La Terraza living in this stunning estate with a south-facing backyard and panoramic views of the Santa Rosa and San Jacinto mountains. Enter through custom glass doors into a grand foyer and soaring ceilings that flow through this impeccably maintained home. The interior offers four spacious en-suite bedrooms plus a powder room, separate formal living and dining rooms, and a gourmet chef's kitchen with a huge island and breakfast bar, marble-look quartz counters, custom subway tile backsplash, light gray soft close cabinetry, custom stainless range hood and top-of-the-line Monogram appliances including a Sub-Zero refrigerator. Relax in the living room by the custom stacked-stone fireplace with built-ins, and enjoy custom paint, lighting, blinds and ceiling fans throughout. The expansive primary suite features a private retreat, custom entertainment center and shelving, his-and-hers closets, and a luxurious bath with a large Roman tub, travertine shower and dual vanities. Outside is a true desert oasis with a sparkling saltwater pool and spa with waterfall, outdoor kitchen, immaculate landscaping and fruit trees. Pride of ownership, clean, move-in ready and a must-see to fully appreciate the views and finishes. Close to golf, shopping and restaurants.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2002
Lot Size
12,632 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$295.0 / Month

Neighborhood Insights

Rancho Mirage Unified Schools

James Earl Carter Elementary School

Grades K-5 • 1.3 mi

8/10

Palm Desert High School

Grades 9-12 • 2.5 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
66%
Baths5.03.0
75%
Square foot3,1722,771
67%
Lot Size12,63210,454
61%
Price$1.55M$1.10M
68%
Price per sq ft$489$433
67%
Built year20021999
57%
HOA$295.0$445
23%
Days on market12155
0%

Pricing History

Listed for Sale

Feb 23, 2026

$1,550,000

Initial Listing

Sold

Jul 14, 2014

$745,000

Public Record

Sold

Nov 1, 2004

$875,000

Public Record

Sold

Jun 20, 2002

$503,000

Public Record

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