42813 Ocotillo Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath
ACTIVE$1,150,000$1,586/sqft
Est. Value: $1,140,949
%
FairlyEstimate
42813 Ocotillo Drive, Rancho Mirage, California 92270
3Beds
3Baths
1,586Sqft
9,148Lot
Price Vs. Estimate
The estimated value ($1,140,948.555) is $9,051.445 (0%) lower than the list price ($1,150,000). 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 = 9148, living area = 1586.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1586, other record living area = 1274. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
Compared to the nearby listings
Price:$1.15M vs avg $1.06M (+$85,000)57%
Size:1,586 sqft vs avg 2,834 sqft5%
Price/sqft:$725 vs avg $41889%
More Insights
Built in 1956 (70 years old).
Condition: Despite being built in 1956, this property has undergone an extensive and high-quality renovation, bringing all major components to a virtually new condition. The kitchen features modern flat-panel cabinetry, white quartz countertops, black stainless steel appliances, and contemporary fixtures. Both main house bathrooms are fully updated with stylish tiling, floating vanities, and modern showers. The detached ADU/casita is a recent, fully permitted addition with its own new kitchenette, bathroom, and laundry. Flooring, lighting, and mini-split cooling/heating systems throughout the property are all modern and in excellent condition, indicating a comprehensive renovation likely completed within the last 5 years.
Year Built
1956
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$725
HOA
-
Days on market
-
Sold On
-
MLS number
219141212PS
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)
About this home
Here is the desert modern home you've been looking for! With a fully permitted, detached ADU/casita. This charming home was originally built in 1956, with great MCM design and style, yet updated and upgraded for the way you live today without losing any of its mid-mod lustre.Ideally located in the Magnesia Falls Cove neighborhood of Rancho Mirage, just minutes from shops and restaurants and a short drive to both downtown Palm Springs and El Paseo shopping district in Palm Desert. The main home has a guest bedroom on one side of the home and graciously sized primary bedroom with large walk-in closet on the other side. The large living and dining space can be configured in myriad ways. And the open plan kitchen is great for the host who loves to entertain while cooking or cocktailing. The detached casita in back is a fully permitted addition, self-contained with its own kitchenette, bathroom and laundry. Both the main house and the casita open up to the spectacular pool and spa! Lounge in the pool, soak in the hot tub. Enjoy the desert the way it's meant to be enjoyed. Live the lifestyle you've been dreaming of. Call to see it today!
G
Greg Tormo
Listing Agent
Nearby schools
6/10
Rancho Mirage Elementary School
Public,•K-5•0.5mi
3/10
Nellie N. Coffman Middle School
Public,•6-8•4.5mi
5/10
Rancho Mirage High
Public,•9-12•5.9mi
4/10
Desert Learning Academy
Public,•K-12•8.2mi
Price History
Date
Event
Price
07/06/00
Sold
$97,000
02/25/21
Sold
$820,000
09/09/19
Sold
$550,000
Condition Rating
Excellent
Despite being built in 1956, this property has undergone an extensive and high-quality renovation, bringing all major components to a virtually new condition. The kitchen features modern flat-panel cabinetry, white quartz countertops, black stainless steel appliances, and contemporary fixtures. Both main house bathrooms are fully updated with stylish tiling, floating vanities, and modern showers. The detached ADU/casita is a recent, fully permitted addition with its own new kitchenette, bathroom, and laundry. Flooring, lighting, and mini-split cooling/heating systems throughout the property are all modern and in excellent condition, indicating a comprehensive renovation likely completed within the last 5 years.
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 = 9148, living area = 1586.
Detached & Permitted ADU/Casita: The property features a fully permitted, self-contained detached ADU/casita with its own kitchenette, bathroom, and laundry, offering significant flexibility for guests, rental income, or multi-generational living.
Exceptional Location: Ideally located in the desirable Magnesia Falls Cove neighborhood of Rancho Mirage, providing convenient access to upscale shops, restaurants, downtown Palm Springs, and El Paseo shopping district.
Updated Mid-Century Modern Design: Seamlessly blends classic 1956 Mid-Century Modern architectural charm with contemporary updates and upgrades, appealing to a discerning buyer seeking both iconic style and modern comfort.
Private Pool & Spa Oasis: Boasts a spectacular pool and spa, creating an ideal setting for relaxation, entertainment, and embracing the quintessential desert lifestyle.
Mountain Views & Functional Layout: Offers desirable mountain views and a thoughtfully designed interior with an open-plan kitchen perfect for entertaining, and a split bedroom layout for enhanced privacy.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1586, other record living area = 1274. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
Age-Related Maintenance Considerations: Built in 1956, despite updates, the property may still require ongoing maintenance or present potential for age-related issues common with older construction, which could incur future costs.
Substantial Price Increase from Previous Sale: The current list price of $1.15M represents a significant jump from the last recorded sale of $820k in 2021, potentially requiring strong justification through recent upgrades and market conditions to attract buyers.
Modest Main House Square Footage: The main house offers 1586 sqft, which, while efficiently designed, might be considered modest for its price point in the luxury desert market, potentially limiting appeal to buyers seeking larger primary residences.