40535 Morningstar Road, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 5 bed, 7 bath
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Rancho Mirage, California 92270
This Mission Ranch Trophy Estate is a Strong Value Opportunity, listed at $7,500,000—positioned well below the $7,992,912 Fair Market Value by 6%. This valuation gap provides $492,912 in Instant Equity. The property maintains a Move-In Ready Condition Rating, featuring dual primary suites, a detached guest house, and panoramic mountain views across a rare 1.53-acre double lot. With access to top-rated schools like James Earl Carter Elementary, this compound balances architectural grandeur with financial upside. It is an elite acquisition for Luxury Homeowners or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40535 Morningstar Road Subject | $7,500,000* List Price | 5 | 7 | 9,468 | $844 | - |
A 32 Clancy Lane Active | $5,895,000 List Price | 4 | 6 | 6,424 | $918 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002, this expansive trophy estate is in move-in ready condition with high-end finishes like sandstone flooring, marble walls, and custom cabinetry. While the ornate architectural style and kitchen cabinetry reflect early 2000s luxury trends rather than a modern renovation, the property has been meticulously maintained, featuring premium appliances and resort-style grounds that do not require immediate repair.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 66000, living area = 9468.
Situated on a rare 1.53-acre double lot in the prestigious Mission Ranch, offering an exceptional level of privacy and space seldom found in Rancho Mirage.
The floor plan features two massive primary suites separated by their own living areas, providing a unique and highly functional layout for multi-generational luxury living.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =66000, other record lot size in square feet = 31363.
With a $1,500 monthly HOA fee and the extensive maintenance required for 1.5 acres of manicured gardens and multiple water features, ongoing expenses are significant.
Built in 2002, certain custom design choices like floral-patterned tiles and specific marble tones may feel dated to buyers seeking a more modern, contemporary desert aesthetic.
This is a true Trophy Estate located within Mission Ranch, one of Rancho Mirage's most exclusive communities off Clancy Lane... 'Wonderful place for family & friends from around the country to get together.' This exquisite property has breathtaking amenities. Stunning landscaped estate begins with a circular drive featuring inlaid granite accents. Lovely bronze adorned sculpture fountain graces the front lawns. Leaded & beveled double glass entry doors surrounded by columns of Sandstone give hint to the beauty within. Jewel-like tiles grace the entry hall with floral design. Walls of picture windows and breathtaking panoramic views of the Mountains greet you in the formal living room. This room features rose marble walls and a Soapstone fireplace with a leather wall surround. Custom carpets throughout, Sandstone floors, Alabaster wall sconces, custom lighting, Chihuly style Glass Chandeliers, custom cabinets, hand - painted tiles, & much more add to the grandeur of this property. The large gourmet chef's kitchen and separate butler's pantry is ideal for entertaining family and guests alike. The home also boasts its own temperature-controlled wine and beverage room. There are two huge primary bedroom ensuites each with its own stunning full baths and large closet only found in luxury estates. Each of the primary bedrooms is separated by their own living area. There is a separate office and library and let's not forget about your own personal gym. External to the home is a separate 2-bedroom ensuites with its own fully equipped kitchen. The gardens boast an outdoor kitchen, many vignettes including an English Rose Garden, white rose vine covered arbors, fruit trees, and a large separate water feature. The stunning pool and jacuzzi spa have cascading urn fountains and majestic water spouts. Behind the pool is an elevated deck with an outdoor fireplace and seating area where you enjoy the perfect desert evenings. The Estate consists of 2 APN#'s with approximately 1.53 acre. The Main house is approximately 8213 sq. ft. and the Guest House is approximately 1203 sq. ft. Minutes from shopping, dining, entertainment, El Paseo, and Eisenhower Medical Center.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 7.0 | 3.0 | 95% |
| Square foot | 9,468 | 2,726 | 99% |
| Lot Size | 66,000 | 10,454 | 99% |
| Price | $7.50M | $1.11M | 100% |
| Price per sq ft | $792 | $438 | 92% |
| Built year | 2002 | 2001 | 53% |
| HOA | $1500.0 | $445 | 88% |
| Days on market | 73 | 164 | 12% |
Feb 9, 2026
$7,500,000
Initial Listing
Jun 11, 2008
$5,000,000
Public Record
Jun 27, 2006
$2,287,500
Public Record