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71418 Mirage Road, Rancho Mirage, CA 92270

$2.29M3bd · 4ba · 3,315 sqft
Lot 15,246 sqftSingle Family Residence
Active
14d on marketMLS# 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 · 3 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 58.1% above the median closed sale of $1,445,000. Price per sqft ($689) is a 54% premium to closed comps ($448). 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 $2.29M· $689/sqft
Total list price
Closed comps
vs closed median $1.45M
+$840K (+58.1%)
Active comps
vs active median $1.25M
+$1.04M (+83.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $481
+$208 (+43.1%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
71569 Sahara RoadRancho Mirage2000542,71017,424$507$1.38M21879
71519 Biskra RoadRancho Mirage1961432,64513,068$454$1.20M5678
42694 Veldt StreetRancho Mirage1956432,58013,068$483$1.25M578
Total: 3 · Average4.33.32,64514,520$481.333$1.27M93
Median2,645$1.25M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
71366 Biskra RoadRancho Mirage197009/11/2026543,33416,199$2.00M$1.45M$4350.7215782
9 Silver CircleRancho Mirage199509/09/2026332,80813,939$1.50M$1.45M$5150.973468
44 Killian WayRancho Mirage200008/06/2026544,00916,988$1.30M$1.25M$3120.9615665
70810 Tamarisk LaneRancho Mirage198608/14/2026343,66013,504$1.98M$2.19M$5971.112763
36690 Palm CourtRancho Mirage199308/26/2026332,50613,068$1.07M$960,000$3830.896759
Total: 5 · Average3.83.63,263.414,739.6$1.46M$1.46M$448.488.2
Median3,334$1.45M$1.45M

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.