40851 Bob Hope Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath
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Rancho Mirage, California 92270
This Architecturally Significant Mid-Century Modern Residence is a High-Potential Investment Opportunity, listed at $777,222—positioned below the $794,777 Fair Market Value by 2%. This valuation gap offers $17,555 in Instant Equity for a property in Pristine Condition. Designed by Richard Leitch, FAIA, the home features terrazzo-style flooring, clerestory windows, and a rare 3BR/3BA configuration. With Mountain Range Views and a high-quality renovation, it perfectly blends historic pedigree with modern luxury. This is an exceptional acquisition for Architecture Enthusiasts or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40851 Bob Hope Drive Subject | $777,222* List Price | 3 | 3 | 1,295 | $614 | - |
A 42602 Rancho Mirage Lane Sold | $827,000 | 3 | 2 | 1,203 | $687 | 1.0 mi |
B 71947 Vista Del Rio Active | $775,000 List Price | 2 | 2 | 1,284 | $604 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1956, this property has undergone an extensive and high-quality renovation within the last 5 years that preserves its Mid-Century Modern integrity while providing modern luxury. The kitchen is fully updated with contemporary wood cabinetry, solid-surface countertops, and high-end stainless steel appliances. The bathrooms feature new vanities, modern fixtures, and clean tile work. The interior is finished with new terrazzo-style flooring, updated recessed and pendant lighting, and fresh paint throughout. All visible components appear new or virtually new, meeting the highest standards for property 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, FAIA, and situated in an AIA award-winning community, this home offers significant historical value and authentic Mid-Century Modern design integrity.
The property features high-quality renovations including terrazzo-style flooring and clerestory windows, successfully blending 1950s desert modernism with contemporary luxury and functionality.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 1,295 square feet of living area distributed across three bedrooms and three bathrooms, the individual room sizes and common areas may feel restrictive for some buyers.
The assigned middle and high schools carry relatively low ratings (3/10 and 5/10 respectively), which may be a drawback for families prioritizing top-tier educational facilities.
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 | 2,726 | 1% |
| Lot Size | 7,841 | 10,454 | 33% |
| Price | $777.2K | $1.10M | 21% |
| Price per sq ft | $600 | $438 | 83% |
| Built year | 1956 | 2001 | 2% |
| HOA | $43.0 | $445 | 12% |
| Days on market | 30 | 164 | 1% |
Mar 25, 2026
$777,222
Initial Listing
Mar 24, 2026
$799,000
Initial Listing
Jul 18, 2022
$488,000
Public Record