
Rancho Mirage, California 92270
This Prestigious Golf Course Estate is a Prime Investment Opportunity, listed at $2,195,000—positioned well below the $2,276,646 Fair Market Value by 3%. This valuation gap offers $81,646 in Instant Equity. While holding a Fair Condition Rating due to its original 1980s cabinetry, the 4,440-square-foot home features a remodeled pool, theater room, and panoramic mountain views. Located near Rancho Mirage Elementary, this property offers immense potential for forced appreciation through modernization. It is ideal for Luxury Renovators or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 71170 W Thunderbird Terrace Subject | $2,195,000* List Price | 4 | 6 | 4,440 | $513 | - |
A 70461 Placerville Road Sold | $2,295,000 | 3 | 4 | 4,190 | $548 | 0.7 mi |
B 71170 W Thunderbird Terrace Active | $2,495,000 List Price | 4 | 6 | 4,440 | $562 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this estate is well-maintained with significant functional updates including a 10-year-old roof, new electrical panel, and a remodeled pool. However, the interior features—specifically the oak cabinetry, electric cooktop, and overall architectural styling—remain largely original to the 1980s. While move-in ready and prestigious, it requires modernization in the kitchen and bathrooms to meet current luxury standards, placing it in the 'fair' category for its age and dated components.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27878, living area = 4440.
Situated adjacent to the prestigious Thunderbird Golf Club, this estate offers breathtaking mountain views and immediate access to a tranquil lake within a highly sought-after Rancho Mirage enclave.
Designed for hosting, the home features a dedicated theatre room, a walk-in wine cellar, a wet bar, and a chef’s kitchen equipped with a unique indoor built-in BBQ and fireplace.
Despite several functional upgrades, features such as the oak cabinetry and electric cooktop reflect the home's 1982 origins and may require modernization to meet current luxury standards.
With a monthly HOA fee of $750 and a substantial 0.64-acre lot requiring extensive landscape and pool maintenance, the ongoing operational costs are significant.
A Prestigious Estate with Stunning Mountain Views and Designed for Inspired Living!Welcome to this beautifully appointed home features four bedrooms including an office/gym, 5 1/2 bathrooms, and an array of thoughtful upgrades throughout. From the moment you arrive at the circular driveway and step through the beveled double-door entry, you are greeted by a grand foyer leading into a home filled with warmth, character, and sophistication.Soaring wood-beam vaulted ceilings, custom shutters, and ceiling fans enhance the spacious living areas. The main living room, complete with a striking marble-front fireplace, sets the tone for both relaxation and refined entertainment. The home also includes a wet bar, a dedicated theatre room, and a charming breakfast room that overlooks amazing outdoor views.The chef-inspired kitchen is the heart of the home, offering granite countertops, a large island, double oven, warming drawer, 6-burner electric cooktop, oak cabinetry, new dishwasher, and a remarkable built-in BBQ/fireplace--perfect for gatherings of any size. A walk-in wine room adds a sophisticated touch for wine enthusiasts.Retreat to the spacious primary suite, designed with ultimate privacy in mind, featuring two separate primary bathrooms and peaceful views of the lush landscape. All bedrooms feature new carpeting, and the home is further enhanced by a new electrical panel, a spacious 3-car garage, and the roof, which was replaced just 10 years agoStep outside to your own private oasis. The backyard offers majestic mountain views, and a beautifully remodeled pool. Just steps to a tranquil lake, and resort-like ambiance surrounded by mature, manicured landscaping. It is the perfect setting for both quiet morning reflection and vibrant evening entertainment. The property is adjacent to prestigious Thunderbird Golf Club.This estate seamlessly blends elegance, comfort, and function--an entertainer's paradise and a serene retreat all in one. 'All Offers Considered'
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 3.3 mi
Grades 9-12 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 6.0 | 3.0 | 91% |
| Square foot | 4,440 | 2,726 | 86% |
| Lot Size | 27,878 | 10,454 | 92% |
| Price | $2.19M | $1.11M | 81% |
| Price per sq ft | $494 | $438 | 66% |
| Built year | 1982 | 2001 | 24% |
| HOA | $750.0 | $445 | 72% |
| Days on market | 8 | 163 | 1% |
Apr 14, 2026
$2,195,000
Initial Listing
Dec 17, 1996
$600,000
Public Record