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71418 Mirage Road, Rancho Mirage, CA 92270

$2.29M3bd · 4ba · 3,315 sqft
Lot 15,246 sqft•Single Family Residence•
Active
•57d on market•MLS# 219152379

Property Description

***Seller open to rate buy down with acceptable offer. Discover refined desert living in this exceptional Magnesia Falls Cove retreat, where privacy, modern design, and breathtaking mountain views come together. Set behind private gates on more than 1/3 of an acre, this impressive 3,315 SQ FT Rancho Mirage residence offers a rare combination of space, serenity, and resort-style amenities. The thoughtfully designed floor plan features 3 bedrooms, plus a versatile office/den that could easily be converted into a 4th bedroom, and 3.5 bathrooms. Inside, sleek contemporary finishes create a sophisticated yet inviting atmosphere, including quartzite countertops, stainless steel appliances, spa-inspired bathrooms, double-pane windows, and a striking floating fireplace. The open-concept layout flows effortlessly between the living spaces, making it ideal for both everyday living and entertaining. Outside, your private resort-style oasis awaits. A sparkling pool and spa are surrounded by multiple areas for lounging and relaxing, while a fire pit sets the stage for unforgettable desert evenings. The outdoor kitchen features a built-in BBQ and sink, complemented by an outdoor shower and sweeping desert and mountain scenery. An impressive list of upgrades adds comfort and efficiency, including owned solar, updated HVAC, a tankless water heater, and a whole-house water filtration and softener system. Located in one of Rancho Mirage's most sought-after neighborhoods, this remarkable property offers the perfect balance of contemporary style, exceptional privacy, and effortless desert living. A truly special opportunity in Magnesia Falls Cove--one you won'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, Ryan Pylypow·760-902-3871

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$11,554.20
Principal & Interest
Loan Amount
$1,828,000
Total Interest
$2,331,513
Total Payment Over 30 Years
$4,159,513
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

$2.29M
Luxury Tier
Beds
3
Baths
4
Sqft
3,315
Lot
15,246 sqft
Year
2006
$/Sqft
$689
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 2-car✓

Listed 6.7% below the median closed sale of $2,450,000. Price per sqft ($689) is a 16% premium to closed comps ($594). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $2.29M· $689/sqft
Total list price
Closed comps
vs closed median $2.45M
−$165K (−6.7%)
Active comps
vs active median $2.30M
−$15K (−0.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $727
−$38 (−5.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
71600 Estellita DriveRancho Mirage2026452,82011,326$878$2.48M381
73218 Fiddleneck LanePalm Desert1959332,85016,988$807$2.30M1655
71467 Country Club DriveRancho Mirage1962343,03610,890$723$2.19M454
31 Sea Holly RoadRancho Mirage2025343,3938,102$586$1.99M15151
30 Sea Holly RoadRancho Mirage2026353,7209,923$642$2.39M6251
Total: 5 · Average3.24.23,163.811,445.8$727.2$2.27M47.2
Median3,036$2.30M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
17 Emerald CourtRancho Mirage201501/15/2026344,08814,810$2.50M$2.27M$5570.914262
137 Waterford CircleRancho Mirage200105/18/2026454,52018,731$2.50M$2.35M$5190.945359
72400 Rancho RoadRancho Mirage196905/15/2026554,00018,731$2.60M$2.58M$6440.991755
70854 Fairway DriveRancho Mirage195306/12/2026333,76018,295$2.69M$2.59M$6880.967054
206 Crystal Bay CourtRancho Mirage199704/09/2026454,35919,166$2.60M$2.45M$5620.947054
Total: 5 · Average3.84.44,145.417,946.6$2.45M$2.45M$594—50.4
Median4,088$2.45M$2.45M

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.