3 Mozart Lane, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 7 bed, 10 bath

3 Mozart Lane, Rancho Mirage, California 92270 home-pic-0
ACTIVE$7,750,000
3 Mozart Lane, Rancho Mirage, California 92270
7Beds
10Baths
8,818Sqft
104,544Lot

Price Vs. Estimate

The estimated value ($6,770,476.05) is $979,523.95 (12%) lower than the list price ($7,750,000). This property may be overpriced.

Key pros and cons

Top 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 = 104544, living area = 8818.
Top Cons:
High List Price vs. Estimated Value: The current listing price of $7.75 million is approximately 12% higher than the property's estimated value of $6.77 million, which may require a price adjustment to align with market expectations.

Compared to the nearby listings

Price:$7.75M vs avg $1.09M (+$6,660,000)99%
Size:8,818 sqft vs avg 2,903 sqft99%
Price/sqft:$879 vs avg $42296%

More Insights

Built in 1993 (32 years old).
Condition: Despite being built in 1993, this property has undergone a meticulous $2.5 million renovation, transforming it into a virtually new home. The description highlights new travertine flooring, state-of-the-art HVAC systems, and a cutting-edge security network. The images confirm a chef's kitchen with top-tier stainless steel appliances, sleek modern cabinetry, and large stone islands. Bathrooms feature updated vanities, modern fixtures, and clean designs. The overall aesthetic, materials, and extensive amenities (including a zero-edge infinity pool, outdoor kitchen, and wine cellar) reflect a property that meets current luxury standards with no visible deferred maintenance.
Year Built
1993
Close
-
List price
$7.75M
Original List price
$7.85M
Price/Sqft
$879
HOA
$950
Days on market
-
Sold On
-
MLS number
25491523
Home ConditionExcellent
Features
Good View: Desert, Mountain(s), Pool
Pool
Spa
Patio
ViewDesert, Mountain(s), Pool

About this home

Designed by Narendra Patel, a protege of Donald Wexler, and transformed by a meticulous $2.5 million renovation, this 2.4-acre estate in Rancho Mirage's exclusive Clancy Lane enclave is a true architectural masterpiece. Set on two expansive lots with the potential to increase its square footage, the property offers both immediate luxury and future possibilities. Spanning 8,800 square feet, it includes a main residence and two detached guest houses, offering a total of seven bedrooms and nine bathrooms. Every detail of the renovation was thoughtfully executed, from new travertine flooring and state-of-the-art HVAC systems to a cutting-edge security network with 24 cameras. The interiors boast soaring vaulted ceilings and floor-to-ceiling glass, filling the home with natural light. The great roomwhere Sonny Bono received Gerald Ford's endorsementfeatures a sleek wet bar, while the chef's kitchen is equipped with top-tier appliances and a massive island.Steeped in history, this estate has hosted U.S. Presidents, celebrities, and dignitaries. The outdoor space is equally spectacular, featuring a fully reimagined zero-edge infinity pool framed by Turkish white limestone. Adjacent to the 18-seat sunken Hibachi bar, a 450-square-foot outdoor kitchen includes a Forno Piombo wood-fired pizza oven, smoker, fryer, and more.Additional highlights include a professional tennis court, tranquil koi ponds, and a hidden 5,000-bottle wine cellar with a private dining room. It is ideally located less than five minutes from El Paseo's designer boutiques Louis Vuitton, Tiffany, Gucci, Bottega Veneta, Apple, and the desert's finest restaurants. A sanctuary of modern luxury and timeless elegance, this estate is a masterful blend of architectural brilliance, resort-style amenities, and storied history.

Nearby schools

8/10
James Earl Carter Elementary School
Public,K-51.4mi
7/10
Palm Desert High School
Public,9-122.5mi
Condition Rating
Excellent

Despite being built in 1993, this property has undergone a meticulous $2.5 million renovation, transforming it into a virtually new home. The description highlights new travertine flooring, state-of-the-art HVAC systems, and a cutting-edge security network. The images confirm a chef's kitchen with top-tier stainless steel appliances, sleek modern cabinetry, and large stone islands. Bathrooms feature updated vanities, modern fixtures, and clean designs. The overall aesthetic, materials, and extensive amenities (including a zero-edge infinity pool, outdoor kitchen, and wine cellar) reflect a property that meets current luxury standards with no visible deferred maintenance.
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 = 104544, living area = 8818.
Architectural Significance & Extensive Renovation: Designed by a Donald Wexler protege and recently underwent a meticulous $2.5 million renovation, ensuring modern luxury with high-end finishes, state-of-the-art HVAC, and cutting-edge security systems.
Resort-Style Amenities: Features an impressive array of luxury amenities including a zero-edge infinity pool, 18-seat sunken Hibachi bar, 450 sq ft outdoor kitchen, professional tennis court, tranquil koi ponds, and a hidden 5,000-bottle wine cellar with a private dining room.
Prestigious Location & Privacy: Situated on a sprawling 2.4-acre estate within the exclusive Clancy Lane enclave, offering significant privacy and immediate access to El Paseo's luxury boutiques and fine dining.
Expansive & Versatile Living Space: Boasts 8,800 sq ft of living space, including a main residence and two detached guest houses, providing a total of seven bedrooms and nine bathrooms, ideal for large-scale entertaining or multi-generational living.
Historical & Social Cachet: The estate carries a rich history, having hosted U.S. Presidents, celebrities, and dignitaries, which adds a unique layer of exclusivity and appeal.

Cons

High List Price vs. Estimated Value: The current listing price of $7.75 million is approximately 12% higher than the property's estimated value of $6.77 million, which may require a price adjustment to align with market expectations.
High Association Fees: The property is subject to a significant association fee of $950.0 (assuming monthly), adding a substantial recurring cost to ownership.
Extensive Maintenance Requirements: The sheer scale of the property, including its 2.4-acre lot, multiple structures, and numerous luxury amenities, implies considerable ongoing maintenance costs and time commitment for upkeep.

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