2 months on rocket

40262 Rancho Palmeras, Rancho Mirage, CA, 92270

$2,200,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
3,882 SqFt
$567/SqFt
House

Location

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40262 Rancho Palmeras, Rancho Mirage$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDirect Access, Driveway, Garage, Golf Cart Garage, Garage Door Opener
Attached Garage3 spaces
Year Built2006
HeatingCentral, Forced Air, Fireplace(s), Natural Gas
CoolingCentral Air, Zoned
FireplaceGas, Gas Starter, Great Room, Primary Bedroom, Outside
ViewPool
Private PoolYes
MLS #219118503DA
Lot Size0.45 Acres
StatusActive

About 40262 Rancho Palmeras

Location Location! This Exquisite home is perfectly situated on nearly half-acre corner lot, neighboring the upscale, highly sought after Clancy Lane of Rancho Mirage. The handsome Tuscan exterior with extensive rockwork creates an ambiance of old-world Italy. Upon entering the private paved and gated courtyard you pass a separate guest house with towering ceilings that overlook a tranquil veranda with seating, surrounded with glass sliding doors before arriving at the main entry door. Inside the formal entry, beautiful stone flooring lays out underfoot. The wood beamed ceilings soar to unexpected heights with light filling the greatroom from every direction through the walls of glass and clerestory windows. Custom window coverings soften the walls with glorious fabric. The open chef's kitchen is a culinary haven with Wolfe and Subzero appliances, with 2 wine captains and a secondary eating area that overlooks the backyard, all providing a great opportunity for creating and entertaining! The elegant dining room views the front courtyard veranda and the greatroom. There is a walk-in kitchen pantry and a butler pantry with a built-in icemaker. The extensive primary bedroom suite has its own private wing and includes a lovely sitting area that overlooks the garden and pool. For more remarks click on more or go to https://www.flexmls.com/share/BBjrf/40262-Rancho-Palmeras-Rancho-Mirage-CA-92270

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Stories: 1
  • Living Area: 3,882 SqFt

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (760) 621-0395
  • Listing Agent: Susan Winters-McIntosh

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Electric Oven, Freezer, Gas Cooktop, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan
  • Flooring Type: Carpet, Stone
  • Interior: Breakfast Bar, Breakfast Area, Separate/Formal Dining Room, High Ceilings, Open Floorplan, Recessed Lighting, Two Story Ceilings, Bar, Wired for Sound, Walk-In Pantry, Wine Cellar, Walk-In Closet(s)
  • Fireplace: Gas, Gas Starter, Great Room, Primary Bedroom, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Pool
  • Exterior: Barbecue, Fire Pit

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Driveway, Garage, Golf Cart Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Back Yard, Corner Lot, Front Yard, Landscaped, Sprinklers
  • Lot Size: 0.45 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Fireplace(s), Natural Gas
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: East of Ivy League and just North of Clancy Lane. From Bob Hope turn East on Palm Crest and house is on the corner of Rancho Palmeras and Palm Crest. Cross Street: Bob Hope and Palm Crest.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000
  • Price Per SqFt: $567/SqFt

HOA Fees:

  • Amount: $110
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $13,751
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Rancho Mirage, CA.

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Rancho Mirage, CA

City

Med. Sold Price

$915.3K

Med. Price/SqFt

$398

Avg. Days On Market

61

# of Sold Homes

43

40262 Rancho Palmeras vs Rancho Mirage

60 DAYS ON ROCKET

-1 Day

$2,200,000

+$1.2M More

$567/SqFt

+$169 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $169/SqFt more than other homes in Rancho Mirage, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219118503DA

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (760) 621-0395
  • Listing Agent: Susan Winters-McIntosh

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 8:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 19, 2012Home Sold
$951,000
Dec 29, 2006Home Sold
$1,245,000
Aug 05, 2005Home Sold
$5,253,500

Tax History

YEARPROP. TAXASSESSMENT
2021$13,751$1,081,896
2020$13,750$1,070,803
2018$13,241$1,029,224
2017$12,642$1,009,044

History based on county public records data.

Payment Calculator

$11.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4453346
7
/10

  • Rancho Mirage Elementary School

  • 42-985 Indian Trail Rd

  • 1.24 miles

  • Public District Grades KG-5

school-card-donut-4453347
7
/10

  • James Earl Carter Elementary School

  • 74251 Hovley Ln E

  • 2.11 miles

  • Public District Grades KG-5

school-card-donut-4453348
6
/10

  • Lincoln Elementary School

  • 74100 Rutledge Way

  • 2.32 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,734. Most Rancho Mirage, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40262 Rancho Palmeras

What is the listing price of this property?

The listing price of 40262 Rancho Palmeras property is $2,200,000.

What type of property is this?

The property 40262 Rancho Palmeras is a house located in Rancho Mirage, California, 92270.

Is this property for sale now?

Active Listing: 40262 Rancho Palmeras is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $13,751 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 19, 2012 for $951,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 40262 Rancho Palmeras has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 40262 Rancho Palmeras is 3,882 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40262 Rancho Palmeras is 2006.

Rocket Homes›California›Riverside County›Rancho Mirage›92270›40262 Rancho Palmeras

This home is located at 40262 Rancho Palmeras in Rancho Mirage, CA and zip code 92270. This 3,882 square foot home, which was built in 2006, sits on a 0.45 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $2,200,000.

Rancho Mirage, CA housing market in November 2024 saw over 2 listings sold above listed price, more than 7 sold at listed price and over 34 sold below. In November 2024 in Rancho Mirage, CA there were 16.4% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $915,333, while the average time on the real estate market was 61 days.

From Rocket Homes Real Estate and based on county public records data.

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