70418 Placerville Road, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 8 bath
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Rancho Mirage, California 92270
Analysis of 70418 Placerville Road, Rancho Mirage, California 92270 is currently available with a list price of $6,995,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1992, this estate is impeccably maintained with high-quality materials and luxurious features. However, the kitchen, with its yellow/gold natural stone countertops and dark traditional cabinetry, along with the primary bathrooms featuring pinkish marble, gold-toned fixtures, and glass block accents, reflect a design aesthetic from the 1990s/early 2000s. While functional and in excellent condition, these key areas show signs of being outdated and would likely require substantial cosmetic updates to meet current luxury design standards, aligning with the 'Fair' criteria for properties built over 20 years ago with functional but outdated components.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46609, living area = 9265.
Situated in the prestigious Thunderbird Heights, this estate offers private tunnel access to the historic Thunderbird Country Club, providing an unparalleled lifestyle advantage.
A show-stopping 9,265 SQ FT compound on approximately 1.2 acres of meticulously landscaped grounds, defining luxury desert living with grand-scale interiors and sophisticated design.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 9265, other record living area = 9177.
The property has undergone a significant price reduction from its original list price, which may suggest a longer market time or initial overpricing, potentially impacting buyer perception.
A substantial association fee of $8,063.0 (likely annual) adds a significant recurring expense to the cost of ownership, which could be a consideration for potential buyers.
Welcome to a show-stopping estate in the heart of Thunderbird Heights that defines luxury desert living. Expertly built and beautifully designed, this unforgettable 9,265 SQ FT compound sits on approx. 1.2 acres of pristine, meticulously landscaped grounds. The main residence features 2 bedrooms and 5 bathrooms, complemented by a separate 2BD/2BA stand-alone casita for ultimate privacy. From the moment you arrive, the property makes a statement: a circular driveway, fountains, desert gardens, and a dramatic porte-cochre entrance set the tone. Through the double etched-glass doors, grand-scale interiors unfold with soaring ceilings, warm natural materials, and a seamless blend of sophistication and comfort.Every bedroom opens to a private patio, and every detail is thoughtfully executed, from the four-car air-conditioned garage with stretch-limo capacity and epoxy floors, to multiple covered patios, misters, and expansive entertaining areas including a full outdoor kitchen, cabana, bar, and an additional 3/4 bath. The interiors are elegant and expansive, offering a formal living room with fireplace and mahogany coffered ceilings, a custom sunken wet bar, formal dining room with floor-to-ceiling windows, wine closet, family/media room, library, hidden back office, and art studio. The chef's kitchen is exceptional, with double appliances, custom cabinetry, and a full butler's pantry. The detached casita is ideal for guests, featuring its own living room, kitchenette, and two en-suite bedrooms. The oversized primary suite is a true retreat with a sitting area, fireplace, spa access, and dual his-and-hers bathrooms complete with steam shower, jetted tub, multiple walk-in closets, and a private gym or massage space.Outdoors, the property transforms into a private desert oasis with a saltwater pool, waterfalls, two spas, sculpture gardens, and sweeping mountain views. Security cameras cover all three gated entrances, and the home also offers owned solar. A celebrated estate within Rancho Mirage, this property once hosted the "Opening Night" of the historic Thunderbird Country Club during its major renovation with a sit-down dinner for 300 showcasing its unparalleled capacity to entertain. Enjoy private tunnel access to Thunderbird Country Club, the first private golf club in the Coachella Valley, located just moments away. Elegant, iconic, and truly one-of-a-kind this is a home that stays with you.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 2.9 mi
Grades 9-12 • 4.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 8.0 | 3.0 | 97% |
| Square foot | 9,265 | 2,750 | 99% |
| Lot Size | 46,609 | 10,019 | 97% |
| Price | $7.00M | $1.20M | 99% |
| Price per sq ft | $755 | $442 | 91% |
| Built year | 1992 | 2000 | 38% |
| HOA | $8063.0 | $450 | 97% |
| Days on market | 198 | 154 | 65% |
Jan 30, 2026
$6,995,000
$7,800,000
-10% Price Drop
Initial Listing
Nov 21, 2025
$7,800,000
Initial Listing
Jan 9, 2018
$2,550,000
Public Record
Apr 27, 2001
$2,300,000
Public Record