42694 E Veldt Street, Rancho Mirage, CA 92270
42694 E Veldt Street, Rancho Mirage, CA 92270
Property Description
REDUCED PRICE and SELLING FURNISHED!! DEAL in Magnesia Falls Cove, a hidden gem in the heart of Rancho Mirage. No HOA hassles! This designer desert home has been a great family retreat and occasional rental. FULLY FURNISHED and ready for quick escrow. All furniture, amazing art and accessories included in the price! 4 bedrooms and 3 baths in 2,580 square feet on an oversized lot. 2 car garage. Great open kitchen for cooking and entertaining, LARGE living room, dining room and den/media room. Quiet and private PRIMARY SUITE with giant shower and massive closet, outdoor tub & shower as a fun bonus area. AND 3 additional bedrooms! UPDATED resort pool with Pentair equipment package, pebble finish, tanning shelf, umbrellas, raised spa with waterfall. NO work to be done, just arrive, take in the mountain views and RELAX! 2 minutes to ''The River'' shopping and dining, 10 minutes to premier shopping and dining on EL Paseo Drive. Surrounded by hiking, golf and tennis opportunities. NOTE: INSTANT gratification found HERE and a quick, clean escrow is available.
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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
Residential Tier · 5 active · 5 closed
Magnesia Falls Cove · Rancho Mirage · Single Family Residence
Listed 55.7% above the median closed sale of $860,000. Price per sqft ($519) is a 42% premium to closed comps ($366).
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 71519 Biskra Road | Rancho Mirage | 1961 | 4 | 3 | 2,645 | 13,068 | $454 | $1.20M | 82 | 94 |
| 71395 Biskra Road | Rancho Mirage | 1976 | 3 | 3 | 2,324 | 13,068 | $602 | $1.40M | 104 | 82 |
| 71581 Sahara Road | Rancho Mirage | 2000 | 4 | 4 | 2,710 | 17,424 | $507 | $1.37M | 248 | 81 |
| 71569 Sahara Road | Rancho Mirage | 2000 | 5 | 4 | 2,710 | 17,424 | $531 | $1.44M | 118 | 80 |
| 71461 Sahara Road | Rancho Mirage | 1946 | 3 | 4 | 2,804 | 22,216 | $419 | $1.18M | 52 | 79 |
| Total: 5 · Average | 3.8 | 3.6 | 2,638.6 | 16,640 | $502.6 | $1.32M | 120.8 | |||
| Median | 2,710 | $1.37M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 54 San Fernando | Rancho Mirage | 1998 | 05/29/2026 | 3 | 3 | 2,598 | 11,761 | $995,000 | $995,000 | $383 | 1.00 | 28 | 73 |
| 53 Via Santo Tomas Drive | Rancho Mirage | 2004 | 05/18/2026 | 3 | 3 | 2,391 | 9,148 | $899,000 | $860,000 | $360 | 0.96 | 69 | 68 |
| 171 Via Milano | Rancho Mirage | 2003 | 06/03/2026 | 3 | 3 | 2,184 | 7,405 | $645,000 | $635,000 | $291 | 0.98 | 36 | 66 |
| 162 Via Milano | Rancho Mirage | 2003 | 05/18/2026 | 3 | 3 | 2,184 | 7,405 | $635,000 | $620,000 | $284 | 0.98 | 81 | 65 |
| 88 Prosecco | Rancho Mirage | 2022 | 05/20/2026 | 3 | 3 | 2,187 | 7,758 | $1.20M | $1.12M | $513 | 0.94 | 239 | 63 |
| Total: 5 · Average | 3.0 | 3.0 | 2,308.8 | 8,695.4 | $846,500 | $846,500 | $366.2 | — | 90.6 | ||||
| Median | 2,187 | $860,000 | $860,000 | ||||||||||
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.