42694 E Veldt Street, Rancho Mirage, CA 92270
42694 E Veldt Street, Rancho Mirage, CA 92270
Property Description
Resort-Style desert living located at the gateway to prestigious Magnesia Falls Cove. No HOA. Enjoy the neighborhood's mid-century charm, mountain setting and quick access to restaurants, shopping and movies at The River. Hiking trails and the Sensei Resort featuring Nobu Restaurant are just a few blocks away. Designer furnishings INCLUDED and move-in ready! Discover a beautifully decorated desert retreat set on an oversized 13,000 SF lot. 4 bedrooms and 3 baths offer designer-appointed interiors with an exceptional outdoor living experience. Stunning heated pool with 8 person spa, cascading waterfall, pebble tech finish, huge Baja shelf and umbrellas. Large outdoor covered living area with seating, lighting and TV make for effortless entertaining. Designer furnishings, Restoration Hardware lighting and curated finishes include original artwork from local artists. Generous primary suite featuring a luxurious dressing room converted from the original 5th bedroom, PLUS a private outdoor shower and soaking tub. Large dining room and sunny den/media room with 3 additional bedrooms for family and overnight guests. 2 NEW 15 SEER AC's and recently resealed and repainted roof. Smart phone controls your pool and house temperatures. Golfing available in every direction. Easy access to Palm Springs, the airport, El Paseo Palm Desert and Indian Wells Tennis Garden. A RARE combination of designer-furnished living, year-round poolside enjoyment, and one of THE most convenient locations in Rancho Mirage.
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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 in line with the median closed sale of $1,200,000. Price per sqft ($461) is a 27% discount to closed comps ($630). Closed comps sold at 95% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 150 days on market.
Price Position
Aligned with the market — fair pricing for the comps.
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 | 157 | 82 |
| 71569 Sahara Road | Rancho Mirage | 2000 | 5 | 4 | 2,710 | 17,424 | $489 | $1.32M | 266 | 81 |
| 71825 Sahara Road | Rancho Mirage | 1991 | 2 | 2 | 1,772 | 23,958 | $705 | $1.25M | 9 | 67 |
| 77 Colgate Drive | Rancho Mirage | 1978 | 3 | 3 | 2,940 | 6,607 | $406 | $1.20M | 44 | 64 |
| 10 Porto Cielo Court | Rancho Mirage | 2003 | 3 | 4 | 2,630 | 10,019 | $492 | $1.29M | 37 | 62 |
| Total: 5 · Average | 3.2 | 3.0 | 2,362 | 13,953.8 | $540 | $1.23M | 102.6 | |||
| Median | 2,630 | $1.25M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 71528 Estellita Drive | Rancho Mirage | 1956 | 05/20/2026 | 4 | 2 | 2,000 | 13,068 | $1.22M | $1.20M | $600 | 0.98 | 103 | 87 |
| 71581 Sahara Road | Rancho Mirage | 2000 | 10/16/2026 | 4 | 4 | 2,710 | 17,424 | $1.37M | $1.30M | $480 | 0.95 | 380 | 86 |
| 71546 Biskra Road | Rancho Mirage | 1968 | 11/26/2025 | 4 | 3 | 2,088 | 11,761 | $1.23M | $1.23M | $587 | 1.00 | 35 | 85 |
| 71529 Tangier Road | Rancho Mirage | 1956 | 01/05/2026 | 3 | 3 | 1,704 | 13,504 | $1.30M | $1.06M | $625 | 0.82 | 116 | 77 |
| 42665 Veldt Street | Rancho Mirage | 1955 | 09/25/2026 | 2 | 2 | 1,400 | 9,583 | $1.20M | $1.20M | $857 | 1.00 | 116 | 77 |
| Total: 5 · Average | 3.4 | 2.8 | 1,980.4 | 13,068 | $1.20M | $1.20M | $629.8 | — | 150 | ||||
| Median | 2,000 | $1.20M | $1.20M | ||||||||||
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.