71519 Biskra Road, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 3 bath
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Rancho Mirage, California 92270
This property presents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned well below the $1,098,014 Fair Market Value by -9%. While the property requires significant updates due to its Fair Condition Rating, the 13,068 sqft lot and panoramic mountain views provide a rare foundation for value-add renovation. Featuring a large pool and mid-century architecture, this asset is ideal for Fix-and-Flip Investors or Contractors capable of managing the probate sale requirements and solar lease obligations to unlock long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 71519 Biskra Road Subject | $1,200,000* List Price | 4 | 3 | 2,645 | $415 | - |
A 71400 Gardess Road Sold | $862,500 | 4 | 2 | 2,018 | $427 | 0.2 mi |
B 71519 Biskra Road Active Under Contract | $1,200,000 List Price | 4 | 3 | 2,645 | $454 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961 with kitchen and bath renovations completed 'years ago' (appearing to be 15-20+ years old based on style). The listing explicitly states that repairs are needed and that the provided photos do not reflect the current condition after tenant occupancy, suggesting the property is dated and requires maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 2645.
Located in the prestigious Magnesia Falls Cove, this classic mid-century home features iconic design elements, including expansive windows and seamless indoor-outdoor flow on a large 13,000+ sqft lot.
The property boasts a magnificent rear yard with south-facing mountain views, a large pool, built-in BBQ, and a gas fire pit, offering an ideal setting for desert entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is a probate sale requiring repairs and is being sold strictly as-is; current photos do not reflect the present condition following tenant occupancy.
The home is encumbered by a large 54-panel solar lease with a monthly payment of $384, which represents a significant fixed utility expense for the buyer.
Classic Mid-Century home in the highly sought after Magnesia Falls Cove in Rancho Mirage. In probate but approved sale now. Four bedrooms and three baths in over 2600 sqft of living area, plus two car garage on a south facing mountain view,13,000+ lot.Huge rear facing windows accentuate the mid century design with multiple sliders to rear yard from living, kitchen, master and fourth bedroom. Fireplace in living area as well as tile floors throughout the home. The kitchen was remodeled years ago as well as the master bath. The rear yard is magnificent with large pool, built in BBQ and gas fire pit area. The home is equipped with both central heating and A/C as well as wall A/C units. There is a large(54 panels) leased solar system which is payable at $384/mo. Pictures are from before the tenants occupied the property so they do not represent the current condition of the property. Estate is not able to do any repairs and repairs will be needed Buyers to perform all due diligence prior to offer.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 4.6 mi
Grades 9-12 • 6.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,645 | 2,915 |
| Lot Size | 13,068 | 9,801 |
| Price | $1.20M | $1.22M |
| Price per sq ft | $454 | $440 |
| Built year | 1961 | 2002 |
| HOA | $0 | $530 |
| Days on market | 2 | 70 |
Jul 20, 2026
$1,200,000
Initial Listing
Mar 16, 2004
$460,000
Public Record