72355 Morningstar Road, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 6 bath

72355 Morningstar Road, Rancho Mirage, California 92270 home-pic-0
ACTIVE$4,500,000
72355 Morningstar Road, Rancho Mirage, California 92270
4Beds
6Baths
4,914Sqft
38,333Lot
Year Built
2000
Close
-
List price
$4.5M
Original List price
$5M
Price/Sqft
$916
HOA
$750
Days on market
-
Sold On
-
MLS number
219118372DA
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 25% below the list price. We found 3 Cons,6 Pros. Rank: price - $4.50M(96th), sqft - 4914(93th), beds - 4(64th), baths - 6(92th).

Nestled off Rancho Mirage's prestigious Clancy Lane within the guard-gated enclave of Mission Ranch, this sprawling single-level custom estate captures the true essence of refined and sophisticated desert living. Park-inspired grounds embrace .88 acres of verdant lawns, a lighted tennis court, pool and spa, outdoor fireplace, putting green, bocce ball court and multiple patios. Panoramic mountain and sunset views complement the enviably private residence, enriching grand galas and quiet daily life in a contemporary design of approx. 4,914 s.f. with 4 ensuite bedrooms, 6 baths, a media room, and vaulted and tray ceilings. Completely new beautifully designed interior with light Oak flooring throughout. A walkway leads to a grand entry that provides passage to a formal living room, full wet bar with sub zero ice machine and wine storage. Nearly every room opens to the outdoors, including the upgraded gourmet kitchen with island, Caesar stone countertops, top of the line Viking appliances and a butler's pantry. A private retreat awaits homeowners in the luxurious primary suite, where a fireplace-warmed sitting room is joined by a huge walk-in closet, a free standing tub, walk-in shower and sauna. This home had a complete renovation a few years ago, the pool is new, and the tennis court was just resurfaced. The home has owned solar, the yard is very private and the tennis court was resurfaced to the standards or the BNP tournament players. Fully furnished and ready to enjoy!

Nearby schools

8/10
James Earl Carter Elementary School
Public,K-51.7mi
7/10
Palm Desert High School
Public,9-122.9mi
Condition Rating
Excellent

This property, built in 2000, has undergone a 'complete renovation a few years ago' with a 'completely new beautifully designed interior,' aligning perfectly with the 'Excellent' criteria for extensive renovation within 5 years. The images confirm a high-end, modern aesthetic throughout. The kitchen features top-of-the-line Viking appliances, Caesar stone countertops, and contemporary cabinetry. Bathrooms are luxurious with modern fixtures, freestanding tubs, walk-in showers, and even a sauna in the primary suite. Light oak flooring is consistent throughout the living areas, and all components appear new or virtually new, with no signs of deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 38333, living area = 4914.
Exclusive Guard-Gated Community: Nestled within Mission Ranch, a prestigious guard-gated enclave off Clancy Lane, offering enhanced privacy and security.
Extensive Resort-Style Amenities: Sprawling .88-acre grounds feature a lighted tennis court, new pool and spa, outdoor fireplace, putting green, bocce ball court, and multiple patios, ideal for entertainment and recreation.
Recent High-End Renovation: The home underwent a complete renovation a few years ago, boasting a beautifully designed interior with light Oak flooring, an upgraded gourmet kitchen with Viking appliances, and resurfaced tennis courts, ensuring modern luxury and move-in readiness.
Panoramic Views: Offers panoramic mountain and sunset views, enriching the living experience and providing a stunning backdrop for daily life.
Owned Solar System: Equipped with an owned solar system, providing significant energy efficiency and reduced utility costs.

Cons

High Association Fees: The property incurs a substantial monthly association fee of $750.0, adding to the ongoing cost of ownership.
Significant Price Discrepancy: The current listing price of $4.5M is 25% above the estimated property value of $3.34M, potentially impacting market appeal and negotiation flexibility.
Original Construction Year: While extensively renovated, the home's original construction year of 2000 may be a consideration for buyers seeking brand-new construction at this price point.

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