40380 Tonopah Road, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 5 bath

40380 Tonopah Road, Rancho Mirage, California 92270 home-pic-0
ACTIVE$3,300,000
40380 Tonopah Road, Rancho Mirage, California 92270
3Beds
5Baths
4,181Sqft
23,522Lot

Price Vs. Estimate

The estimated value ($3,104,775.6) is $195,224.4 (5%) lower than the list price ($3,300,000). 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 = 23522, living area = 4181.
Top Cons:
High Association Fee: The property carries a significant annual association fee of $8,063.0, which adds to the ongoing cost of ownership.

Compared to the nearby listings

Price:$3.30M vs avg $1.09M (+$2,210,000)93%
Size:4,181 sqft vs avg 2,903 sqft83%
Price/sqft:$789 vs avg $42294%

More Insights

Built in 1997 (28 years old).
Condition: The property, built in 1997, features a 'sleek and tastefully remodeled kitchen' with top-of-the-line appliances, which is evident in the images showing modern white cabinetry, high-end finishes, and integrated appliances. Major systems like AC units, tankless water heater, solar panels, and an EV charger are newer or updated, indicating excellent maintenance and modern functionality. However, while the bathrooms are well-maintained and functional, some elements, such as the brass/gold-toned shower frames and glass block in one of the bathrooms, suggest they were not updated to the same contemporary standard as the kitchen, or were renovated 15-25 years ago. The overall condition is move-in ready with high-quality updates, but not every component is 'virtually new' or meets the absolute latest design trends, placing it firmly in the 'Good' category.
Year Built
1997
Close
-
List price
$3.3M
Original List price
$3.3M
Price/Sqft
$789
HOA
$8,063
Days on market
-
Sold On
-
MLS number
219137945DA
Home ConditionGood
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Experience the beauty and luxury of this stunning contemporary Thunderbird Heights home, featuring breathtaking views that will leave you in awe. The sleek and tastefully remodeled kitchen boasts top-of-the-line appliances, including dual dishwashers, a full-size wine refrigerator and a Sub Zero fridge, seamlessly flowing into a sunlit breakfast room with magnificent mountain views, creating a serene start to your day. The large formal dining room continues the theme with windows wrapping around to frame those breathtaking vistas. The spacious family room features a fireplace, custom built-ins plus a full bar equipped with dishwasher, ice maker & a refrigerator, all with expansive views that lead to a generous patio. Step outside to discover a magnificent and expansive patio complete with a swimmers pool, spa, and a built-in BBQ including an outdoor griddle perfect for entertaining and enjoying the great outdoors. Enjoy the stunning gardens and an array of amazing fruit trees that enhance the outdoor experience, making this home a true sanctuary. The primary bedroom includes a cozy retreat area ideal for a gym or office, complemented by spectacular views, plus two full bathrooms, a step-in shower and soaking tub and ample closet space. Additionally two oversized, en-suite guest rooms provide an ideal retreat for guests. A spacious den or family room provides additional gathering space and opens up to a beautiful private patio. No expense was spared and has been meticulously maintained, ensuring comfort and peace of mind from the solar panel system and generator to the air-conditioned garage. Additional features include EV charger, tankless water heater, 3 newer air conditioning units and 3 humidifiers throughout the home. Discover the perfect blend of elegance and functionality in every corner.

Nearby schools

6/10
Rancho Mirage Elementary School
Public,K-51.3mi
3/10
Nellie N. Coffman Middle School
Public,6-82.9mi
5/10
Rancho Mirage High
Public,9-124.6mi
4/10
Desert Learning Academy
Public,K-126.4mi

Price History

Date
Event
Price
01/13/98
Sold
$175,000
Condition Rating
Good

The property, built in 1997, features a 'sleek and tastefully remodeled kitchen' with top-of-the-line appliances, which is evident in the images showing modern white cabinetry, high-end finishes, and integrated appliances. Major systems like AC units, tankless water heater, solar panels, and an EV charger are newer or updated, indicating excellent maintenance and modern functionality. However, while the bathrooms are well-maintained and functional, some elements, such as the brass/gold-toned shower frames and glass block in one of the bathrooms, suggest they were not updated to the same contemporary standard as the kitchen, or were renovated 15-25 years ago. The overall condition is move-in ready with high-quality updates, but not every component is 'virtually new' or meets the absolute latest design trends, placing it firmly in the 'Good' category.
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 = 23522, living area = 4181.
Panoramic Mountain Views: The property offers breathtaking mountain views from multiple rooms, including the breakfast room, formal dining room, and family room, significantly enhancing its appeal and living experience.
Luxurious & Remodeled Kitchen: The sleek and tastefully remodeled kitchen features top-of-the-line appliances, including dual dishwashers, a full-size wine refrigerator, and a Sub Zero fridge, catering to gourmet cooking and entertaining.
Extensive Outdoor Entertainment Area: A magnificent and expansive patio includes a swimmers pool, spa, built-in BBQ with an outdoor griddle, stunning gardens, and fruit trees, ideal for outdoor living and entertaining.
Advanced & Energy-Efficient Systems: The home is equipped with a solar panel system, generator, EV charger, tankless water heater, 3 newer air conditioning units, 3 humidifiers, and an air-conditioned garage, ensuring modern comfort and efficiency.
Spacious & Well-Appointed Interiors: Features include a large formal dining room, a spacious family room with a full bar, custom built-ins, an oversized primary suite with a retreat area and two full bathrooms, and two oversized en-suite guest rooms.

Cons

High Association Fee: The property carries a significant annual association fee of $8,063.0, which adds to the ongoing cost of ownership.
Limited Bedroom Count for Square Footage: With 3 bedrooms for 4,181 square feet, some buyers may find the bedroom count low relative to the overall size of the home, potentially limiting its appeal for larger families or those requiring more dedicated rooms.
Potential for High Property Taxes: Given the list price of $3.3 million in California, prospective buyers should anticipate substantial annual property taxes, which will be a significant recurring expense.

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