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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
•35d 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 · 4 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 103.1% above the median closed sale of $1,125,000. Price per sqft ($689) is a 83% premium to closed comps ($376). Closed comps sold at 88% 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 $2.29M· $689/sqft
Total list price
Closed comps
vs closed median $1.13M
+$1.16M (+103.1%)
Active comps
vs active median $1.19M
+$1.10M (+92.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $441
+$248 (+56.1%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
71569 Sahara RoadRancho Mirage2000542,71017,424$507$1.38M24579
71519 Biskra RoadRancho Mirage1961432,64513,068$378$1.00M8378
42694 Veldt StreetRancho Mirage1956432,58013,068$461$1.19M3278
71461 Sahara RoadRancho Mirage1946342,80422,216$419$1.18M177
Total: 4 · Average4.03.52,684.7516,444$441.25$1.18M90.25
Median2,710$1.19M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
71366 Biskra RoadRancho Mirage197009/11/2026543,33416,199$2.00M$1.45M$4350.7215782
72081 Palm Haven DrRancho Mirage198010/07/2026343,66822,651$1.25M$1.13M$3070.906763
15 Cromwell CourtRancho Mirage198510/05/2026353,3896,970$2.00M$1.89M$5580.9416462
110 Rancho Vista LaneRancho Mirage200409/23/2026433,48816,988$1.20M$1.05M$3010.8811362
19 Scarborough WayRancho Mirage199810/05/2026433,06813,939$899,000$850,000$2770.949562
Total: 5 · Average3.83.83,389.415,349.4$1.27M$1.27M$375.6—119.2
Median3,389$1.13M$1.13M

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.