71120 N Thunderbird Terrace, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 6 bed, 8 bath
71120 N Thunderbird Terrace
Rancho Mirage, California 92270
Property Price
SUMMARY
Analysis of 71120 N Thunderbird Terrace, Rancho Mirage, California 92270 reveals a Prime Investment Opportunity with a current list price of $6,900,000—significantly undercutting the $7,421,806 Fair Market Value by 7%. This valuation gap indicates a +$521,806 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
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1984, this property has undergone a complete and extensive renovation to the highest standards, as explicitly stated in the description. The kitchen features new quartz countertops, custom cabinetry, and all new premium appliances, appearing virtually new in the images. Bathrooms are also fully updated with modern fixtures, glass-enclosed showers, and contemporary finishes. Major systems including plumbing, electrical, roof, HVAC, and water heaters were replaced or installed in 2024, indicating a very recent and thorough overhaul. The overall condition, style, and features meet current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive & High-Quality Renovation
The estate has been completely reimagined and remodeled to the highest standards with top-of-the-line finishes throughout, creating a residence that lives entirely like new.
- Prime Golf Course Location & Panoramic Views
The property boasts breathtaking panoramic views across four fairways of the historic Thunderbird Country Club golf course, situated in one of the most prestigious settings in the Coachella Valley.
- Major System Upgrades & Modern Comforts
Extensive upgrades include new plumbing, electrical systems, roof, skylights, pool equipment, HVAC systems, multiple water heaters (2024), and a state-of-the-art primary shower, ensuring peace of mind and luxury.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 8938, other record living area = 8538. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
- Original Build Year
Despite extensive renovations, the property's original construction year of 1984 might be a consideration for buyers specifically seeking brand-new construction.
- High Maintenance Demands
A property of this size (8938 sqft home on a 30056 sqft lot) with luxury features, a pool, and extensive landscaping will require significant ongoing maintenance and associated costs.
About 71120 N Thunderbird Terrace
71120 North Thunderbird Terrace is a rare offering of refined sophistication. This completely reimagined estate has been remodeled to the highest standards, creating a residence that lives entirely like new. Every detail has been thoughtfully curated, with nothing overlooked with top-of-the-line finishes throughout.The home offers six bedrooms and eight bathrooms, blending timeless elegance with modern innovation. At the heart of the residence is a stunning, new kitchen and butlers pantry featuring quartz countertops, custom cabinetry, and all new premium appliances, perfectly suited for both grand entertaining and intimate gatherings.Extensive upgrades provide effortless luxury and peace of mind, including new plumbing and electrical systems, a new roof, new skylights, new pool equipment, and newly designed landscaping and driveway. Comfort is elevated with all new HVAC systems, multiple water heaters installed in 2024, and state-of-the-art thermostatically controlled primary shower that delivers a spa-like experience in every controlled powered drop of water.For the car enthusiasts, the garages are able to house 3 large cars and two golf carts. The home is further enhanced by owned solar with over 70 panels, offering exceptional energy efficiency without compromising luxury.Set against a spectacular backdrop, the property enjoys breathtaking panoramic views across four fairways of the historic Thunderbird Country Club golf course, creating a serene and iconic desert lifestyle. Some of the original pieces in the home have been left to embrace the original style and Architectural integrity.This is a much loved masterpiece in, without doubt, one of the most prestigious golf course settings in the Coachella Valley.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- 30,056 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 8 (8 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $800.0 / Month
Neighborhood Insights
Rancho Mirage Unified Schools
Rancho Mirage Elementary School
Grades K-5 • 0.9 mi
Nellie N. Coffman Middle School
Grades 6-8 • 3.2 mi
Rancho Mirage High
Grades 9-12 • 4.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 97% |
| Baths | 8.0 | 3.0 | 96% |
| Square foot | 8,938 | 2,771 | 99% |
| Lot Size | 30,056 | 10,454 | 92% |
| Price | $6.90M | $1.10M | 100% |
| Price per sq ft | $772 | $433 | 90% |
| Built year | 1984 | 1999 | 30% |
| HOA | $800.0 | $445 | 73% |
| Days on market | 37 | 156 | 1% |
Pricing History
Listed for Sale
Jan 30, 2026
$6,900,000
Initial Listing
Sold
Jun 14, 2019
$2,050,000
Public Record
Sold
Oct 20, 2006
$1,850,000
Public Record