4 Paradise Cove Court, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 5 bed, 6 bath

4 Paradise Cove Court, Rancho Mirage, California 92270 home-pic-0

4 Paradise Cove Court

Rancho Mirage, California 92270

ACTIVE
CONDITION: EXCELLENT
5Beds
6Baths
6,106Sq Ft
48,787Lot Size

Property Price

LIST PRICE$4,150,000
EST. MARKET VALUE
$4,519,843
8% BelowMARKET VALUE

SUMMARY

Analysis of 4 Paradise Cove Court, Rancho Mirage, California 92270 reveals a Prime Investment Opportunity with a current list price of $4,150,000—significantly undercutting the $4,519,843 Fair Market Value by 8%. This valuation gap indicates a +$369,843 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

$4,519,843 +$369,843 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
4 Paradise Cove Court
Subject
$4,150,000*
List Price
566,106$740-
A
4 Terra Vista Court
Active
$4,249,000
List Price
576,024$7050.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 2006, this property presents in virtually new condition, aligning with the 'Excellent' criteria for overall quality and recent updates. The 'chef's kitchen' is equipped with top-of-the-line features including dual refrigerators, dual dishwashers, two convection ovens, a warming drawer, and a sous-chef sink, all appearing modern and pristine in the images. The bathrooms, particularly the primary ensuite, are described as 'spa-like' with split vanities, a soaking tub, and a walk-in shower, and visually confirm high-end, contemporary finishes and impeccable maintenance. Throughout the home, polished stone flooring, recessed lighting, and floor-to-ceiling glass contribute to a luxurious, current aesthetic. The inclusion of a 63-panel solar system further underscores modern efficiency and investment. There is no visible wear, tear, or outdated elements, suggesting either an extensive, high-quality renovation within the last 5-15 years or continuous, meticulous upkeep to a 'virtually new' standard.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 48787, living area = 6106.

  • Exceptional Indoor/Outdoor Living & Views

    The property offers spectacular indoor/outdoor living with seamless flow, folding glass walls, and panoramic mountain views from nearly every room, maximizing the desert lifestyle experience.

  • Extensive Outdoor Entertainment Amenities

    Designed for effortless entertaining, it features a south-facing infinity pool and spa, a fully equipped outdoor kitchen and bar, a covered patio, and a spacious pool terrace.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

  • High Ongoing Maintenance

    The expansive 1.12-acre lot, infinity pool, and numerous high-end features suggest significant ongoing maintenance requirements and associated costs for upkeep.

  • Lack of Community Amenities

    As it is 'Not in a Development,' the property does not offer access to shared community amenities like golf courses, clubhouses, or organized activities often found in luxury desert communities.

About 4 Paradise Cove Court

A SHOWCASE of scale, style, and spectacular indoor/outdoor living in Rancho Mirage, this 5-bedroom, 5.5-bath desert contemporary estate with a detached casita sits on 1.12 acres and features tall ceilings, floor-to-ceiling glass, and panoramic mountain views from nearly every room, with multiple outdoor living areas including a south-facing infinity pool and spa, outdoor kitchen and bar, covered patio, and spacious pool terrace designed for effortless entertaining. Art collectors will appreciate the soaring ceilings and gallery-style walls, entertainers will love the seamless indoor/outdoor flow, car enthusiasts will enjoy the gated motor court and three-car garage, and everyone benefits from the 63-panel solar system offering impressive energy efficiency. A formal entry framed by elegant fountains sets the tone and leads to a dramatic living room with a striking fireplace, destination-style wet bar, and folding glass walls that open completely to the outdoors. Adjacent dining room, with its oversized wine refrigerator, sits beside the chef's kitchen featuring a sous-chef sink, dual refrigerators and dishwashers, two convection ovens, a warming drawer, counter seating, and a casual dining area that opens to a large great room with panoramic views and sliding glass doors creating a true indoor/outdoor experience. The Primary Ensuite offers high ceilings, mountain views, direct pool terrace access, dual walk-in closets, and an oversized spa-like bath with split vanities, soaking tub, and walk-in shower, plus an adjoining executive office with custom built-ins, fireplace, and outdoor access. Junior Ensuite Two sits off the main hall with generous bath and walk-in closet, Junior Ensuites Three and Four are privately positioned in their own wing, and the detached casita (Junior Ensuite Five) enjoys grounds views along with two entrances, private patio, kitchen, spa-style bath, and walk-in closet.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2006
Lot Size
48,787 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
6 (6 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$300.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
90%
Baths6.03.0
88%
Square foot6,1062,771
96%
Lot Size48,78710,454
98%
Price$4.15M$1.10M
92%
Price per sq ft$680$433
85%
Built year20061999
73%
HOA$300.0$445
24%
Days on market109156
21%

Pricing History

Listed for Sale

Nov 19, 2025

$4,150,000

Initial Listing

Sold

Aug 26, 2014

$3,195,000

Public Record

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