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71418 Mirage Road, Rancho Mirage, CA 92270

$2.40M3bd · 4ba · 3,315 sqft
Lot 15,246 sqftSingle Family Residence
Active
36d on marketMLS# 219147357

Property Description

Experience exceptional desert living in this stunning Magnesia Falls Cove retreat. Nestled on over 1/3 of an acre behind private gates, this 3,315 SQ FT Rancho Mirage home offers unmatched privacy and panoramic mountain views. Featuring 3 bedrooms plus a versatile office/den that could easily convert into a 4th bedroom, along with 3.5 bathrooms, the flexible floor plan is ideal for modern living. Enjoy sleek contemporary finishes throughout--quartzite countertops, stainless steel appliances, spa-inspired bathrooms, double-pane windows, and a floating fireplace. The open-concept design is perfect for entertaining indoors and out. Step into your own resort oasis with a sparkling pool and spa, multiple lounging areas, fire pit, built-in BBQ with sink, outdoor shower, and breathtaking desert scenery. Upgrades include owned solar, updated HVAC, tankless water heater, and a whole-house water filtration & softener system. Located in one of Rancho Mirage's most coveted neighborhoods, this home is the perfect blend of style, comfort, and serenity. A rare opportunity you don't want to miss!

Features & Amenities

Magnesia Falls CoveFeeBuilt 2006

Property Details

Subdivision
Magnesia Falls Cove
Land Type
Fee
Year Built
2006
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air, Zoned, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s), Central Air, Zoned
View
Mountain(s)
Flooring
Ceramic Tile
Roof
Metal
City
Rancho Mirage
Zip Code
92270
County
Riverside
Listed byRennie Group, Con Kolytiris·760-333-8028

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$12,130.65
Principal & Interest
Loan Amount
$1,919,200
Total Interest
$2,447,834
Total Payment Over 30 Years
$4,367,034
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

71418 Mirage Road, Rancho Mirage, CA 92270

Magnesia Falls Cove · Rancho Mirage · Single Family Residence

$2.40M
Luxury Tier
Beds
3
Baths
4
Sqft
3,315
Lot
15,246 sqft
Year
2006
$/Sqft
$724
Pool: Yes
Spa: Yes
View: mountain
Garage: 2-car

Listed 78.4% above the median closed sale of $1,345,000. Price per sqft ($724) is a 80% premium to closed comps ($403). Closed comps sold at 94% 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 $2.40M· $724/sqft
Total list price
Closed comps
vs closed median $1.34M
+$1.05M (+78.4%)
Active comps
vs active median $1.37M
+$1.02M (+74.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $543
+$181 (+33.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
71366 Biskra RoadRancho Mirage1970543,33416,199$705$2.35M6282
71581 Sahara RoadRancho Mirage2000442,71017,424$507$1.37M24981
71569 Sahara RoadRancho Mirage2000542,71017,424$531$1.44M11980
71519 Biskra RoadRancho Mirage1961432,64513,068$454$1.20M8278
42694 Veldt StreetRancho Mirage1956432,58013,068$519$1.34M5778
Total: 5 · Average4.43.62,795.815,436.6$543.2$1.54M113.8
Median2,710$1.37M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
12 Boulder LaneRancho Mirage200206/03/2026333,60715,246$1.60M$1.41M$3900.8810971
50 Toscana WayRancho Mirage200205/18/2026343,54514,810$1.29M$1.26M$3550.9812566
140 CabernetRancho Mirage201805/21/2026342,7878,712$1.35M$1.34M$4831.004664
8 Via Santa RamonaRancho Mirage200406/04/2026453,35013,504$1.57M$1.36M$4050.864363
54 San FernandoRancho Mirage199805/29/2026332,59811,761$995,000$995,000$3831.002859
Total: 5 · Average3.23.83,177.412,806.6$1.27M$1.27M$403.270.2
Median3,350$1.34M$1.34M

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.