72374 Rancho Road, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 4 bed, 3 bath
72374 Rancho Road
Rancho Mirage, California 92270
Property Price
SUMMARY
Analysis of 72374 Rancho Road, Rancho Mirage, California 92270 reveals a Fairly Priced Property with a current list price of $1,999,000 aligned with the estimated $1,999,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Rancho Mirage Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72374 Rancho Road Subject | $1,999,000* List Price | 4 | 3 | 2,559 | $781 | - |
A 71533 Tangier Road Sold | $1,629,500 | 4 | 3 | 1,948 | $836 | 0.9 mi |
B 42694 E Veldt Street Active | $1,525,000 List Price | 4 | 3 | 2,580 | $591 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1969, this property has undergone a comprehensive and high-end modern renovation, making it virtually new in terms of condition and style. The kitchen boasts gourmet Viking appliances, waterfall quartz countertops, and sleek cabinetry. Bathrooms feature contemporary fixtures, custom tiling, and glass-enclosed showers. Throughout the home, there are modern light fixtures, concrete-look porcelain tile flooring, and vaulted wood plank ceilings. The exterior and backyard amenities, including a custom pool, cabanas, and solar system, also reflect a recent, luxurious upgrade, indicating all components are new or virtually new and meet current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Luxury Outdoor Oasis
The property features an 'entertainer's dream' backyard with a custom pool, spa, tanning shelf, two luxury cabanas, a fire pit, bocce ball court, and BBQ, all enhanced by landscape lighting, creating a stunning desert oasis.
- Modern Design & High-End Finishes
Boasts a 'beautiful modern retreat' with 'luxury and timeless design,' floor-to-ceiling windows, vaulted wood plank ceilings, concrete-look porcelain tile, and a sleek electric fireplace.
- Gourmet Kitchen with Premium Appliances
Equipped with a gourmet kitchen featuring Viking appliances, a wine fridge, waterfall quartz countertops, and a spacious breakfast bar, appealing to culinary enthusiasts.
CONSRISKS & DEFICIENCIES
- Leased Solar System
While providing energy efficiency, the solar system is leased, which means ongoing monthly payments and does not provide the full financial benefits of owned solar, potentially impacting long-term costs.
- Original Construction Year
Built in 1969, despite significant modern updates, the underlying structure and some systems may still be original or require future attention, which could be a concern for some buyers.
- Extensive Outdoor Maintenance
The luxurious and expansive outdoor amenities, including a custom pool, spa, cabanas, bocce ball court, and detailed landscaping, will require substantial ongoing maintenance and associated costs.
About 72374 Rancho Road
Welcome to a beautiful modern retreat in Rancho Mirage, where luxury and timeless design meet. This 4-bedroom, 3-bathroom home, set on a private .42-acre lot, captures the essence of resort-like living with sweeping mountain views and sophisticated indoor-outdoor spaces. The light-filled Great Room greets you with floor-to-ceiling windows, vaulted wood plank ceilings, and contemporary light fixtures. Concrete-look porcelain tile flooring and a sleek electric fireplace add a touch of refined elegance. The gourmet kitchen features Viking appliances, a wine fridge, waterfall quartz countertops, and a spacious breakfast bar. The primary suite is a true sanctuary with custom finishes, a walk-in shower, dual sinks, and a well-organized closet. An additional suite with a private entrance and kitchenette offers a versatile casita option. A leased solar system ensures energy efficiency. Outside, this home is an entertainer's dream. Privacy walls surround the backyard's custom pool, spa, tanning shelf, two luxury cabanas, a fire pit, a bocce ball court, and BBQ. Landscape lighting enhances the space, creating a stunning desert oasis. Situated in the heart of Rancho Mirage, this property is minutes from Palm Springs, Palm Desert, and the famed El Paseo shopping district, with easy access to golf courses, hiking, and top dining. This home offers a blend of privacy, elegance, and modern desert living in one of the Coachella Valley's most desirable locations.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 18,731 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,559 | 2,751.5 | 39% |
| Lot Size | 18,731 | 10,454 | 83% |
| Price | $2.00M | $1.10M | 78% |
| Price per sq ft | $781 | $433 | 90% |
| Built year | 1969 | 1999 | 8% |
| HOA | $0 | $445 | 13% |
| Days on market | 146 | 156 | 42% |
Pricing History
Listed for Sale
Oct 13, 2025
$1,999,000
Initial Listing