70418 Placerville Road, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 8 bath

70418 Placerville Road, Rancho Mirage, California 92270 home-pic-0

70418 Placerville Road

Rancho Mirage, California 92270

ACTIVE
CONDITION: FAIR
4Beds
8Baths
9,265Sq Ft
46,609Lot Size

Property Price

LIST PRICE$6,995,000

SUMMARY

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.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

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 While functional and in excellent condition, these key areas show signs of being outdated and would likely require substantial cosmetic updates to meet current luxury design standards, aligning with the 'Fair' criteria for properties built over 20 years ago with functional but outdated components.

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 = 46609, living area = 9265.

  • Exclusive Location & Club Access

    Situated in the prestigious Thunderbird Heights, this estate offers private tunnel access to the historic Thunderbird Country Club, providing an unparalleled lifestyle advantage.

  • Expansive & Luxurious Estate

    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.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 9265, other record living area = 9177.

  • Recent Price Reduction

    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.

  • High Ongoing Costs

    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.

About 70418 Placerville Road

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1992
Lot Size
46,609 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
8 (8 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$8063.0 / Month

Neighborhood Insights

Rancho Mirage Unified Schools

Rancho Mirage Elementary School

Grades K-5 • 1.3 mi

6/10

Nellie N. Coffman Middle School

Grades 6-8 • 2.9 mi

3/10

Rancho Mirage High

Grades 9-12 • 4.6 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
66%
Baths8.03.0
96%
Square foot9,2652,771
99%
Lot Size46,60910,454
97%
Price$7.00M$1.10M
100%
Price per sq ft$755$433
89%
Built year19921999
41%
HOA$8063.0$445
97%
Days on market107156
21%

Pricing History

Listed for Sale

Jan 30, 2026

$6,995,000

$7,800,000

-10% Price Drop

Initial Listing

Price Change

Nov 21, 2025

$7,800,000

Initial Listing

Sold

Jan 9, 2018

$2,550,000

Public Record

Sold

Apr 27, 2001

$2,300,000

Public Record

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