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71366 Biskra Road, Rancho Mirage, CA 92270

$2.35M5bd · 4ba · 3,334 sqft
Lot 16,199 sqftSingle Family Residence
Active
64d on marketMLS# PS-26673525

Property Description

This beautifully reimagined mid-century residence in prestigious Magnesia Falls Cove captures the essence of classic desert modernism, stunning mountain views with the ultimate resort-like setting! Inside, light-filled spaces and an open-concept floor plan create effortless flow for both everyday living and entertaining, seamlessly connecting to the outdoor retreat. Main house includes 4 bedrooms- 2 en suites with access to backyard, 3 updated bathrooms, polished concrete floors throughout, and updated kitchen. Relax and unwind in the mid-century estate on an oversized lot. Take a dip in the sparkling pebble tech pool or spa while enjoying the magnificent surrounding views or practice your golf game on the 70 ft putting green. Marvel at the exquisite sunsets alongside the firepit, or while dining al fresco. A detached casita provides flexible space ideal for guests, a private office, or studio with a fully equipped kitchenette, king sized bed, living area and bathroom. This home is equipped with 10.22 KW solar system for low cost, eco-friendly living! Furnishings are offered per inventory, creating a seamless turnkey desert retreat that allows buyers to move in and immediately enjoy the lifestyle this estate provides. Just minutes from the shopping and dining of The River or El Paseo Shopping District, as well as world-class golf or hiking, this exceptional property offers a rare opportunity to own a true desert retreat where style, privacy, and location meet!

Features & Amenities

Magnesia Falls CoveFeeBuilt 1970

Property Details

Subdivision
Magnesia Falls Cove
Land Type
Fee
Year Built
1970
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
View
Mountain(s)
City
Rancho Mirage
Zip Code
92270
County
Riverside
Listed byRe/Max Desert Properties, Becky Bowles

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$11,882.88
Principal & Interest
Loan Amount
$1,880,000
Total Interest
$2,397,836
Total Payment Over 30 Years
$4,277,836
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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 Listings

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

71366 Biskra Road, Rancho Mirage, CA 92270

Magnesia Falls Cove · Rancho Mirage · Single Family Residence

$2.35M
Luxury Tier
Beds
5
Baths
4
Sqft
3,334
Lot
16,199 sqft
Year
1970
$/Sqft
$705
Pool: Yes
Spa: Yes
View: mountain

Listed 51.6% above the median closed sale of $1,550,000. Price per sqft ($705) is a 67% premium to closed comps ($422). Closed comps sold at 93% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.35M· $705/sqft
Total list price
Closed comps
vs closed median $1.55M
+$800K (+51.6%)
Active comps
vs active median $1.37M
+$976K (+71.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $547
+$158 (+28.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
71418 Mirage RoadRancho Mirage2006343,31515,246$724$2.40M3386
71519 Biskra RoadRancho Mirage1961432,64513,068$454$1.20M8285
71569 Sahara RoadRancho Mirage2000542,71017,424$531$1.44M11885
71581 Sahara RoadRancho Mirage2000442,71017,424$507$1.37M24883
42694 Veldt StreetRancho Mirage1956432,58013,068$519$1.34M5780
Total: 5 · Average4.03.62,79215,246$547$1.55M107.6
Median2,710$1.37M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
8 Via Santa RamonaRancho Mirage200406/04/2026453,35013,504$1.57M$1.36M$4050.864361
13 CassisRancho Mirage200605/15/2026453,61623,087$1.68M$1.63M$4490.9711855
36736 Jasmine LaneRancho Mirage198005/28/2026453,02010,454$1.57M$1.55M$5130.9810446
284 Loch Lomond RoadRancho Mirage200206/01/2026453,81611,761$2.00M$1.75M$4590.8816543
58 Colgate DriveRancho Mirage197805/28/2026442,9695,227$899,000$850,000$2860.949140
Total: 5 · Average4.04.83,354.212,806.6$1.43M$1.43M$422.4104.2
Median3,350$1.55M$1.55M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.