
42665 E Veldt Street, Rancho Mirage, CA 92270
42665 E Veldt Street, Rancho Mirage, CA 92270
Property Description
Completely reimagined mid-century in coveted Magnesia Falls Cove, creatively updated with incredible attention to original architectural design, function, and modern desert living. Designed as a private oasis surrounded by palms and desert flora, this beautifully landscaped private retreat offers effortless indoor-outdoor living, abundant natural light, and an open floor plan ideal for entertaining. Designer finishes include stainless steel accents, travertine details, illuminated baseboards, luxury contemporary fixtures, and dramatic granite and marble countertops with waterfall ends and rough-hewn edges. The same refined material palette continues into the fabulous outdoor kitchen and BBQ area, creating a seamless connection between interior style and exterior entertaining. The private primary retreat includes a fully enclosed spa, dressing area, walk-in closet & bath. There is a guest bedroom and add'l bath. Outdoors, enjoy a saltwater pool, firepit, sunken conversation pit, lush desert landscaping, and the aura of hushed quiet. Energy efficiency and comfort are major highlights, with owned solar consisting of 36 panels, a 12kw system, 13kwbattery backup, and year-to-date production of approximately 52,000 kw. Multiple split HVAC systems serve the guest room, primary suite, and garage for customized climate control. Adding fun character and flexibility, a 1960s Airstream that was airlifted into the backyard awaiting restoration to serve as a 42-foot casita/ADU, offering a truly unique extension of the property's mid-century lifestyle and design. The architecturally significant garage includes a loft perfect for one's ''Man Cave'' or ''Lady's Loft''. This property is fun, fantastic and truly ''one-of-a-kind''!
Features & Amenities
Property Details
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About Magnesia Falls Cove
This property is located in Magnesia Falls Cove, a community in Rancho Mirage. Explore more listings in this neighborhood to compare options and pricing.
View Magnesia Falls Cove ListingsComparative Market Analysis
Affordable Tier · 5 active · 5 closed
Magnesia Falls Cove · Rancho Mirage · Single Family Residence
Listed 55.4% above the median closed sale of $772,000. Price per sqft ($857) is a 80% premium to closed comps ($475).
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 71836 San Gorgonio Road | Rancho Mirage | 1956 | 3 | 2 | 1,758 | 11,761 | $608 | $1.07M | 10 | 85 |
| 71521 Halgar Road | Rancho Mirage | 1973 | 3 | 2 | 1,600 | 10,454 | $670 | $1.07M | 74 | 83 |
| 83 Cabernet | Rancho Mirage | 2019 | 2 | 2 | 1,438 | 8,703 | $486 | $699,000 | 65 | 73 |
| 71305 Kempton Avenue | Rancho Mirage | 1962 | 3 | 2 | 1,654 | 6,970 | $722 | $1.20M | 47 | 72 |
| 26 Tempranillo | Rancho Mirage | 2019 | 2 | 2 | 1,438 | 6,490 | $420 | $604,000 | 36 | 70 |
| Total: 5 · Average | 2.6 | 2.0 | 1,577.6 | 8,875.6 | $581.2 | $927,650 | 46.4 | |||
| Median | 1,600 | $1.07M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 71568 Tangier Road | Rancho Mirage | 1963 | 05/26/2026 | 3 | 2 | 1,774 | 7,405 | $779,000 | $772,000 | $435 | 0.99 | 57 | 83 |
| 71528 Estellita Drive | Rancho Mirage | 1956 | 05/20/2026 | 4 | 2 | 2,000 | 13,068 | $1.22M | $1.20M | $600 | 0.98 | 102 | 77 |
| 71947 Vista Del Rio | Rancho Mirage | 1958 | 05/18/2026 | 2 | 2 | 1,284 | 6,970 | $725,000 | $707,000 | $551 | 0.97 | 65 | 76 |
| 2 Seville | Rancho Mirage | 1975 | 05/22/2026 | 2 | 2 | 1,320 | 2,429 | $509,000 | $430,000 | $326 | 0.84 | 38 | 71 |
| 72 Cabernet | Rancho Mirage | 2019 | 06/01/2026 | 2 | 2 | 1,832 | 6,499 | $869,000 | $850,000 | $464 | 0.98 | 54 | 65 |
| Total: 5 · Average | 2.6 | 2.0 | 1,642 | 7,274.2 | $791,800 | $791,800 | $475.2 | — | 63.2 | ||||
| Median | 1,774 | $772,000 | $772,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.