70435 Sunny Lane, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 2 bath
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Rancho Mirage, California 92270
This Mid-Century Modern Residence is a High-Potential Investment Opportunity, listed at $950,000—positioned above the $854,907 Fair Market Value by 11%. While priced above current estimates, the property offers unique value through its Historical Designation Potential and Mills Act Tax Benefits. Featuring an Excellent Condition Rating, the home includes a Two-Way Stone Fireplace, Updated Kitchen, and Panoramic Mountain Views. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey architectural retreat in a prime desert location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 70435 Sunny Lane Subject | $950,000* List Price | 3 | 2 | 1,938 | $441 | - |
A 36927 Palm View Sold | $1,100,000 | 3 | 3 | 1,901 | $579 | 0.1 mi |
B 70451 Cobb Road Sold | $800,000 | 3 | 2 | 2,148 | $372 | 0.2 mi |
C 37700 Peacock Circle Sold | $987,000 | 2 | 2 | 1,556 | $634 | 0.4 mi |
D 72 San Simeon Place Sold | $759,000 | 2 | 2 | 2,198 | $345 | 1.0 mi |
E 22 Vista Mirage Way Active | $810,000 List Price | 3 | 2 | 2,071 | $391 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1961 but significantly updated for modern living. The kitchen features contemporary stone countertops and stainless steel appliances, and the primary bathroom has been renovated with a modern soaking tub. The interior shows well-maintained tile flooring and an open-concept layout, making it move-in ready and consistent with a 5-15 year renovation cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1938.
This iconic 1961 mid-century modern home in the Los Conejos neighborhood may qualify for historical designation and Mills Act tax benefits, offering significant property tax savings for the owner.
The property features spectacular South mountain views and a unique circular community layout that maximizes the desert landscape and provides direct access to the central pool and spa.
At $945 per month, the association fee is relatively high for a single-family residence, which may impact the overall monthly carrying costs for potential buyers.
The assigned middle and high schools have lower-than-average ratings (3 and 5 respectively), which could be a drawback for families prioritizing top-tier educational facilities.
Welcome to Los Conejos, an iconic midcentury neighborhood within the Tamarisk Ranchos development. This unique development has 16 homes built in a circular fashion, all facing inward toward the community pool/spa with stunning mountain views. This home may qualify for historical designation and the Mills Act tax benefits. Built in 1961, this 3-bedroom, 2 bath residence preserves its mid-century character with updates for modern living. Step inside to an open-concept living room with two-way stone fireplace and spectacular South mountain views. A turquoise barn door leads to the private Primary Suite wing featuring a walk-in closet and updated bath complete with soaking tub. The kitchen has updated appliances, while a versatile bonus room space is used for an office and laundry area. There are two additional bedrooms and 3/4 bath to accommodate family and guests. Enjoy your entertaining on the back patios with mountain views and community pool and spa to create your desert retreat. Own a piece of architectural history and experience the timeless appeal of mid-century modern living. Call for a private showing today.
No exterior & parking available.
Grades K-5 • 2.9 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,938 | 2,915 |
| Lot Size | 8,276 | 9,801 |
| Price | $950.0K | $1.22M |
| Price per sq ft | $490 | $440 |
| Built year | 1961 | 2002 |
| HOA | $945.0 | $530 |
| Days on market | 37 | 70 |
Jun 15, 2026
$950,000
Initial Listing
Feb 27, 2019
$550,000
Public Record
Jun 1, 2016
$540,000
Public Record
Jun 26, 2012
$302,500
Public Record
Apr 10, 2001
$138,000
Public Record