40735 Paxton Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 4 bath

40735 Paxton Drive, Rancho Mirage, California 92270 home-pic-0
ACTIVE$2,650,000
40735 Paxton Drive, Rancho Mirage, California 92270
4Beds
4Baths
5,792Sqft
30,056Lot

Price Vs. Estimate

The estimated value ($2,869,905.645) is $219,905.645 (8%) higher than the list price ($2,650,000). This property may be underpriced.

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 = 30056, living area = 5792.
Top Cons:
Significant Price Adjustment: The property shows a substantial price increase from its original listing price of $1.65M to the current $2.65M, which may warrant buyer scrutiny or indicate market testing.

Compared to the nearby listings

Price:$2.65M vs avg $1.09M (+$1,560,000)89%
Size:5,792 sqft vs avg 2,903 sqft96%
Price/sqft:$458 vs avg $42265%

More Insights

Built in 1986 (39 years old).
Condition: The property, built in 1986, has undergone extensive and high-quality renovations. The gourmet kitchen is virtually new with top-of-the-line stainless steel appliances, modern cabinetry, high-end countertops, and contemporary light fixtures. The primary ensuite is described as 'spa-inspired,' indicating a recent, luxurious update. Throughout the main living areas, modern high-gloss marble-look tile flooring and updated light fixtures contribute to a contemporary and refined aesthetic. The landscaping is also newly updated. These significant updates bring the property's key living spaces to a 'virtually new' condition, meeting current quality standards.
Year Built
1986
Close
-
List price
$2.65M
Original List price
$1.65M
Price/Sqft
$458
HOA
$750
Days on market
-
Sold On
-
MLS number
219137814DA
Home ConditionExcellent
Features
Excellent View: Mountain(s), Pool
Pool
Patio
ViewMountain(s), Pool

About this home

An Exceptional Opportunity to Own in Thunderbird Country Club's Prestigious Terrace!This rich and elegant 4-bedroom, 4-bath, 5,792 sq. ft. Mediterranean estate harmoniously blends timeless architectural sophistication with subtle contemporary flair. From the moment you enter, you're greeted by soaring exposed-beam ceilings, dramatic floor-to-ceiling windows, graceful archways, and wide gallery-style hallways that evoke a grand sense of space and light. Multiple fireplaces, refined finishes, and impeccable attention to detail lend an air of understated luxury throughout.The updated gourmet kitchen is a chef's dream--featuring a large center island with prep sink, an impressive walk-in pantry, and top-of-the-line stainless steel appliances. Its open-concept design flows seamlessly into the family room, offering a natural gathering space that opens directly to the patio and pool--ideal for effortless indoor-outdoor entertaining.The primary retreat is a serene sanctuary with its own fireplace, vaulted beam ceilings, and a spa-inspired ensuite boasting a deep soaking tub, glass-enclosed shower, and expansive walk-in closets. The additional bedrooms and baths are equally generous and versatile--one currently serving as a game room or home office.Step outside to your private desert oasis, where newly updated, low-maintenance landscaping complements the home's natural desert surroundings. Custom flagstone decking, a sparkling pool, built-in BBQ, and multiple lounging and dining areas create the perfect backdrop for entertaining or quiet relaxation--all enhanced by the soothing sound of a cascading rock waterfall and breathtaking mountain vistas.A spacious laundry room and garage accommodating multiple vehicles--including RV storage--complete this extraordinary home.A true Desert Gem, this Thunderbird Terrace residence offers the perfect balance of elegance, comfort, and effortless desert living--an exceptional opportunity in one of the Coachella Valley's most sought-after communities.

Nearby schools

6/10
Rancho Mirage Elementary School
Public,K-50.7mi
3/10
Nellie N. Coffman Middle School
Public,6-83.4mi
5/10
Rancho Mirage High
Public,9-124.9mi
4/10
Desert Learning Academy
Public,K-127.2mi
Condition Rating
Excellent

The property, built in 1986, has undergone extensive and high-quality renovations. The gourmet kitchen is virtually new with top-of-the-line stainless steel appliances, modern cabinetry, high-end countertops, and contemporary light fixtures. The primary ensuite is described as 'spa-inspired,' indicating a recent, luxurious update. Throughout the main living areas, modern high-gloss marble-look tile flooring and updated light fixtures contribute to a contemporary and refined aesthetic. The landscaping is also newly updated. These significant updates bring the property's key living spaces to a 'virtually new' condition, meeting current quality standards.
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 = 30056, living area = 5792.
Prestigious Location: Situated in Thunderbird Country Club's highly sought-after Thunderbird Terrace, offering exclusivity and a desirable community in Rancho Mirage.
Grand & Luxurious Interior: A spacious 5,792 sq. ft. Mediterranean estate featuring soaring exposed-beam ceilings, floor-to-ceiling windows, refined finishes, and multiple fireplaces, exuding understated luxury.
Gourmet & Open-Concept Kitchen: An updated chef's dream kitchen with a large center island, walk-in pantry, top-of-the-line stainless steel appliances, and seamless flow into the family room for entertaining.
Exceptional Outdoor Oasis: A private desert oasis with newly updated, low-maintenance landscaping, custom flagstone decking, a sparkling pool, built-in BBQ, and breathtaking mountain vistas with a rock waterfall.
Luxurious Primary Retreat & Versatile Spaces: A serene primary suite with a fireplace and spa-inspired ensuite, complemented by generous additional bedrooms, one adaptable as a game room or home office, and practical RV storage.

Cons

Significant Price Adjustment: The property shows a substantial price increase from its original listing price of $1.65M to the current $2.65M, which may warrant buyer scrutiny or indicate market testing.
High Monthly Association Fees: A considerable monthly association fee of $750.0 adds a significant recurring cost to homeownership, which buyers must factor into their budget.
Potential for System Updates: Built in 1986, while aesthetically updated, major systems (e.g., HVAC, plumbing, electrical, roof) may be original or nearing end-of-life, potentially requiring future capital investment not detailed in the description.

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