40851 Bob Hope Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath
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Rancho Mirage, California 92270
This Turnkey Mid-Century Modern Residence is a Strong Value Opportunity, listed at $777,222—positioned well below the $790,848 Fair Market Value by 1.7%. This valuation gap offers $13,626 in Instant Equity. Featuring a Mint Condition Rating with high-end renovations, the home offers a rare 3-bedroom layout and spectacular mountain views. With low HOA fees and proximity to local amenities, this property is an ideal acquisition for Owner-Occupants seeking a refined desert lifestyle or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40851 Bob Hope Drive Subject | $757,222* List Price | 3 | 3 | 1,295 | $604 | - |
A 42602 Rancho Mirage Lane Sold | $827,000 | 3 | 2 | 1,203 | $687 | 1.0 mi |
B 71947 Vista Del Rio Active Under Contract | $725,000 List Price | 2 | 2 | 1,284 | $565 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end renovation within the last 5 years, as evidenced by the before-and-after photos showing a full gut-rehab. The kitchen and bathrooms are completely modernized with new cabinetry, quartz counters, and contemporary fixtures. The renovation included updates to internal systems (electrical/plumbing visible in studs) and the installation of new terrazzo-style flooring and modern windows, placing it in mint, maintenance-free condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1295.
Designed by Richard Leitch in the AIA award-winning Tierra Del Sol community, this Mid-Century Modern gem offers significant historical value and a timeless desert aesthetic.
Unlike many historic modernist homes of this era, this property features three bedrooms and three bathrooms, providing exceptional versatility for guests or multi-generational living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At 1,295 square feet, the interior living space is relatively compact for a three-bedroom home, which may result in smaller individual room dimensions.
The assigned middle and high schools carry lower ratings (3 and 5 respectively), which could be a consideration for families focused on top-tier public education.
Set within the architecturally significant Tierra Del Sol community in Rancho Mirage, this 1958 Mid-Century Modern residence embodies the timeless clarity of desert modernism.Designed by Richard Leitch, FAIA and developed by Robert McCulloch, Tierra Del Sol earned national recognition with an AIA award for its master planning -- a thoughtfully composed enclave of just 39 homes arranged around shared green space and a central clubhouse. Hidden just off Bob Hope Drive, it remains one of Rancho Mirage's quiet architectural treasures.This home has been carefully renovated to preserve its design integrity while elevating livability for today's lifestyle. Inside, terrazzo-style flooring flows throughout the open plan, anchoring the interiors with a classic mid-century palette. Clerestory windows bring in soft natural light, while warm wood cabinetry and clean white surfaces reinforce the architectural rhythm of line, light, and material.The flexible layout offers a primary suite, a secondary suite, and a third bedroom, providing privacy for guests or multi-generational living -- a rare advantage in historic modernist homes.Outside, the home embraces the desert landscape with citrus trees -- grapefruit, tangerine, and orange -- creating a private garden that reflects Rancho Mirage's heritage of resort living. Spectacular mountain views frame the property, while the community's pool and expansive grounds offer a relaxed social setting reminiscent of classic Palm Springs era living.Located just one mile from The River and moments from Eisenhower Health, the home combines architectural pedigree with everyday convenience.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 3.8 mi
Grades 9-12 • 5.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,295 | 2,746 | 1% |
| Lot Size | 7,841 | 10,019 | 34% |
| Price | $757.2K | $1.20M | 19% |
| Price per sq ft | $585 | $442 | 79% |
| Built year | 1956 | 2000 | 2% |
| HOA | $43.0 | $450 | 12% |
| Days on market | 75 | 154 | 7% |
May 14, 2026
$757,222
$777,222
-3% Price Drop
Initial Listing
Mar 25, 2026
$777,222
Initial Listing
Mar 24, 2026
$799,000
Initial Listing
Jul 18, 2022
$488,000
Public Record