71407 Biskra Road, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 5 bed, 4 bath
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Rancho Mirage, California 92270
This Renovated Desert Modern Estate is a High-Potential Investment Opportunity, listed at $2,400,000—positioned well below the $2,481,655 Fair Market Value by 3%. This valuation gap provides $81,655 in Instant Equity. Boasting an Excellent Condition Rating, the residence features a chef’s kitchen, a 42-panel owned solar system, and a private guest casita. Located in the no-HOA Magnesia Falls Cove near Rancho Mirage Elementary, the property offers panoramic mountain views and a resort-style pool. This is an exceptional acquisition for Luxury Homeowners or Secondary Home Buyers seeking a turnkey desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 71407 Biskra Road Subject | $2,400,000* List Price | 5 | 4 | 3,374 | $736 | - |
A 71366 Biskra Road Active | $2,450,000 List Price | 5 | 4 | 3,334 | $735 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1978, the property has undergone an extensive recent renovation within the last 5 years, as evidenced by the modern chef's kitchen with high-end stainless steel appliances, updated spa-like bathrooms, and contemporary large-format tile flooring. The home features significant system upgrades including a 42-panel owned solar system and updated HVAC, showing no signs of deferred maintenance and meeting current luxury standards.
The property features a 42-panel owned solar system and updated central HVAC, providing significant long-term utility savings and environmental benefits in the desert climate.
The inclusion of a private casita currently utilized as a home gym offers exceptional flexibility for multi-generational living, a secluded home office, or a premium guest suite.
Situated in the desirable Magnesia Falls Cove, this home offers a tranquil retreat near 'The River' entertainment district without the added cost or restrictions of monthly HOA fees.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3374, other record living area = 2925. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
While the home features modern aesthetic updates, the 1978 construction may involve original underlying infrastructure that could require more maintenance than a newer build.
A recent $100,000 price reduction from the original listing price suggests the property may be facing challenges in meeting current market valuation expectations.
Welcome to 71407 Biskra Rd--a home where desert charm meets modern sophistication right in the heart of Rancho Mirage. This stunning single-family residence offers 3,374 square feet of thoughtfully designed living space that perfectly balances elegance, comfort, and functionality.With 5 generously sized bedrooms and 4 spa-like bathrooms--including a private casita--you'll find the ideal blend of space and privacy here. The primary suite is your personal sanctuary, complete with a luxurious bathroom featuring a soaking tub, separate shower, and plenty of natural light. Custom dual California Closet designed walk-in closets add practicality to this indulgent retreat. The open-concept living areas are bright and inviting, with natural light streaming in from skylights and recessed lighting. And when the evenings cool down, the cozy fireplace creates the perfect spot to unwind.The chef's kitchen flows seamlessly into the spacious living areas, making it a dream for entertaining. But the real magic happens outside. Step into your own private oasis, where a sparkling pool, relaxing spa, and beautifully designed patio await. Whether you're soaking up the sun or enjoying a warm desert evening under the stars, this outdoor space is made for living. For fitness lovers, the home gym in the casita offers both convenience and flexibility.This home doesn't just shine in style--it's practical too, with updated central heating and air conditioning and a 42-panel owned solar system to keep things efficient year-round. Located in the highly desirable Magnesia Falls neighborhood with no HOA fees, you'll enjoy a tranquil retreat just minutes from the dining, shopping, and entertainment at The River, down the hill.71407 Biskra Rd isn't just a house--it's a lifestyle. Don't miss your chance to own this rare gem. Schedule your private tour today and experience all it has to offer!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 4.4 mi
Grades 9-12 • 5.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 4.0 | 3.0 | 53% |
| Square foot | 3,374 | 2,726 | 72% |
| Lot Size | 13,068 | 10,454 | 65% |
| Price | $2.40M | $1.11M | 87% |
| Price per sq ft | $711 | $438 | 90% |
| Built year | 1978 | 2001 | 14% |
| HOA | $0 | $445 | 12% |
| Days on market | 56 | 164 | 5% |
Mar 30, 2026
$2,400,000
$2,500,000
-4% Price Drop
Initial Listing
Feb 26, 2026
$2,500,000
Initial Listing
Jun 1, 2022
$2,050,000
Public Record
Nov 14, 2019
$815,000
Public Record
Mar 4, 2019
$815,000
Public Record
Mar 21, 2018
$442,000
Public Record
Dec 10, 1999
$390,000
Public Record