71521 Halgar Road, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 2 bath
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Rancho Mirage, California 92270
This Mid-Century Residential Asset is a High-Potential Investment Opportunity, listed at $1,072,250—positioned above the $958,025 Fair Market Value. While currently priced for the market, the property features a Condition Rating of 4, offering significant upside through modernization. Key highlights include a 10,454 sqft lot with ADU potential, leased solar, and a private pool/spa. Located in the prestigious Magnesia Falls Cove, this home is ideal for Value-Add Investors or Owner-Occupants seeking a classic desert retreat with room for equity-building renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 71521 Halgar Road Subject | $1,072,250* List Price | 3 | 2 | 1,600 | $599 | - |
A 71370 Gardess Road Sold | $799,000 | 3 | 2 | 1,594 | $501 | 0.2 mi |
B 71529 Tangier Road Sold | $1,065,000 | 3 | 3 | 2,125 | $501 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this home is well-maintained and functional but remains largely dated with older kitchen cabinetry and finishes. While it features significant system upgrades including a recently updated HVAC, newer windows, and solar, the interior aesthetics and fixtures are over 20 years old, suggesting a need for modernization to reach full market potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1600.
Situated in the prestigious Magnesia Falls Cove with no HOA fees, the property offers iconic mountain views and a private desert retreat atmosphere in the heart of Rancho Mirage.
The home features significant modern improvements including a newer HVAC system, updated windows, and solar panels, which are essential for managing utility costs in the desert climate.
While well-maintained, the 1970s construction may require additional capital investment for buyers looking to fully modernize the interior to contemporary luxury standards.
The solar system is leased rather than owned, which requires the buyer to assume a monthly financial obligation and may complicate the financing process for some lenders.
Welcome to Magnesia Falls Cove in Rancho Mirage--an iconic neighborhood celebrated for its charm, history, and breathtaking natural beauty, all with no HOA and Solar! Set in the heart of the legendary ''Playground of Presidents,'' this classic 1970s home seamlessly blends mid-century character with modern-day comfort.The private backyard is a true desert retreat, featuring a generous pool, separate spa, and stunning mountain views--perfect for relaxing or entertaining. Inside, the three-bedroom layout is thoughtfully designed, with the primary suite opening directly to the outdoor spa area for effortless indoor-outdoor living. The living room is anchored by a cozy fireplace, adding warmth and personality to the open, inviting space.Move right in or reimagine the home as your ideal mid-century remodel. Notable upgrades include newer windows, a recently updated HVAC system, and leased solar for energy efficiency. The extended garage offers a power upgrade for an electric vehicle plus a built-in workbench, ideal for storage or hobbies, while the long driveway provides ample additional parking.The spacious backyard offers room to add an ADU or casita for guests or potential rental income, and an outdoor storage shed on a foundation provides even more functionality.Rancho Mirage is known for its Hollywood and presidential legacy, world-class medical facilities, cultural attractions, exceptional dining, and premier hiking--all just minutes away. This is a rare opportunity to own a timeless home in Magnesia Falls Cove, where location, views, and classic desert living come together beautifully.
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 | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,600 | 2,915 |
| Lot Size | 10,454 | 9,801 |
| Price | $1.07M | $1.22M |
| Price per sq ft | $670 | $440 |
| Built year | 1973 | 2002 |
| HOA | $0 | $530 |
| Days on market | 26 | 70 |
Jun 26, 2026
$1,072,250
Initial Listing
Feb 6, 1996
$160,000
Public Record