6 Strauss Terrace Terrace, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 5 bed, 7 bath

6 Strauss Terrace Terrace, Rancho Mirage, California 92270 home-pic-0

6 Strauss Terrace Terrace

Rancho Mirage, California 92270

ACTIVE
CONDITION: EXCELLENT
5Beds
7Baths
7,058Sq Ft
64,033Lot Size

Property Price

LIST PRICE$4,350,000
EST. MARKET VALUE
$4,624,300
6% BelowMARKET VALUE

SUMMARY

Analysis of 6 Strauss Terrace Terrace, Rancho Mirage, California 92270 reveals a Prime Investment Opportunity with a current list price of $4,350,000—significantly undercutting the $4,624,300 Fair Market Value by 6%. This valuation gap indicates a +$274,300 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Rancho Mirage Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$4,624,300 +$274,300 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Rancho Mirage.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
6 Strauss Terrace Terrace
Subject
$4,350,000*
List Price
577,058$655-
A
12 Strauss Terrace
Active
$4,995,000
List Price
587,480$6680.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2002, this estate has been meticulously maintained and updated to an 'excellent' standard. The description highlights 'modern luxury,' 'designer finishes,' 'smart home automation,' and 'owned solar,' indicating significant investment in keeping the property current. The kitchen is a showpiece with dual islands, high-end stainless steel appliances (including dual refrigerators), and marble surfaces, all appearing pristine and meeting current luxury standards. Bathrooms feature spa-inspired elements and high-quality materials, showing no signs of wear or outdated styles. Despite its age, the property exhibits virtually new condition with no deferred maintenance, aligning perfectly with the 'Excellent' criteria.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 64033, living area = 7058.

  • Resort-Style Outdoor Oasis

    Expansive 1.5-acre lot featuring a 75-foot saltwater pool with waterfall/slide/spa, full-sized lighted sport court, playground, orchard, and extensive outdoor living areas with a built-in kitchen and fireplace.

  • Exclusive Guard-Gated Community & Privacy

    Located within The Renaissance at Clancy Lane, offering unmatched privacy, security, and a prestigious address with a private gated drive.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

  • High Monthly Association Fees

    The $1,007.0 monthly association fee is substantial and adds significantly to the ongoing cost of ownership.

  • Extensive Maintenance Requirements

    The sheer scale of the 7,000+ sq. ft. home and 1.5-acre resort-style grounds with numerous amenities will necessitate considerable ongoing maintenance time and expense.

About 6 Strauss Terrace Terrace

In the heart of Rancho Mirage, within the exclusive guard-gated community of The Renaissance at Clancy Lane, this extraordinary Santa Barbara inspired estate offers unmatched privacy, scale, and sophistication. Encompassing 1.5 acres framed by mature hedges, the residence unfolds behind a private gated drive, where a dramatic olive tree sets the tone for the timeless beauty within. Spanning over 7,000 sq. ft., the home blends artisan craftsmanship with modern luxury. Interiors are highlighted by soaring 15-foot beamed ceilings, marble surfaces, and designer finishes throughout. The dual-island kitchen is a showpiece, outfitted with stainless steel appliances, dual refrigerators, and abundant space for both everyday living and grand entertaining. Smart home automation, owned solar, and motorized shades bring contemporary convenience to this elegant retreat. The primary suite is a private sanctuary with dual-sided fireplace, spa-inspired bath, and separate walk-in closets. Four additional bedroom suites, each with its own bath and custom built-ins, provide comfort and privacy, while an attached casita in a separate wing welcomes guests or extended family. A generous den/media room provides versatility for work or leisure. Outdoors, the estate transforms into a true resort. Expansive covered living areas, a stone fireplace, and built-in kitchen with BBQ, refrigerator, and ice maker creates the perfect spot for gatherings. A full-sized lighted sport court, playground, turf lawn, orchard, and professional landscape lighting enhance the grounds. At the center is a spectacular 75-foot saltwater pool with waterfall, slide, diving board, and spa, all positioned for dramatic southwest mountain and sunset views. A rare offering of scale, beauty, and amenities, this home embodies the absolute pinnacle of desert living.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2002
Lot Size
64,033 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
7 (7 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$1007.0 / Month

Neighborhood Insights

Rancho Mirage Unified Schools

James Earl Carter Elementary School

Grades K-5 • 1.5 mi

8/10

Palm Desert High School

Grades 9-12 • 2.6 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
90%
Baths7.03.0
95%
Square foot7,0582,771
97%
Lot Size64,03310,454
99%
Price$4.35M$1.10M
93%
Price per sq ft$616$433
82%
Built year20021999
57%
HOA$1007.0$445
80%
Days on market90156
16%

Pricing History

Listed for Sale

Dec 8, 2025

$4,350,000

Initial Listing

Sold

Jun 18, 2021

$3,420,000

Public Record

Sold

Dec 29, 2015

$2,756,000

Public Record

Sold

Aug 27, 2014

$1,872,500

Public Record

Sold

Jul 8, 2005

$2,900,000

Public Record

Sold

Mar 8, 2000

$300,000

Public Record

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