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$1,025,000   Price Analysis
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40270 Paseo Del Rey
Rancho Mirage, CA 92270
3 bed 3 bath 2,641 SqFt ($388/SqFt)
6,970SqFt lot. Built 1977
Listed 2024-06-29, HOA $950, Taxes $5,260
Ⓧ USDA Ineligible
due to price & location

near Rancho Mirage

REDUCED!!

Nestled within the prestigious, guard-gated community of Thunderbird Villas, this unique home presents an exc ellent opportunity for those with a vision to create their dream home in a serene, garden-like setting. Spanning approximately 2, 625 square feet, this villa boasts an array of mid-century features, including a welcoming double door entry, soaring pitched ceilings and a vintage built-in bar area. Positioned high within the community, it features stunning views of the San Jacinto and Santa Rosa mountains, promising an everyday backdrop of breathtaking natural beauty. Outdoor living is enchanting, surrounded by vibrant bougainvillea, a privacy fence and a covered patio perfect for al fresco dining.

Although the existing jacuzzi requires restoration, a clear plan is available. There are three big bedrooms each designed as a suite, with walk-in closets and ensuite baths. The primary suite is a true sanctuary, with direct access to the back patio, ensuring the mountan vistas are never more than a glance away. Located conveniently close to two of the community's fifteen pools, residents also enjoy golf cart access to the adjacent Thunderbird Heights, opening the door to exclusive membership options for golf and tennis enthusiasts. This villa is a perfect canvas for customization, allowing you to capitalize on the panoramic mountain views. Don't miss the opportunity to transform this gem in a lush, gated enclave into your own masterpiece.


Presented by Diane Lynn Kohnen at
eXp Realty of California Inc.
Listing Agent Photo

Property MLS #219113304 from PalmDesert

Bedrooms: 3

Total Bathrooms: 3
Full Bathrooms: 3

2 Master Bedrooms
Master Retreat
Walk In Closet
Vaulted Ceiling(s)
Recessed Lighting
Door Features: Double Door Entry
Flooring: Carpet, Tile

Dishwasher
Dryer
Electric Cooktop
Microwave Oven
Refrigerator
Laundry Features: In Garage

Cooling Features: Central Air
Fireplace Features: Gas
Heating Features: Central, Natural Gas
Heating: Yes
Number of Fireplaces: 1

Pool Features: Community, Safety Fence, In Ground
Pool Private: Yes
Spa Features: Private, In Ground
Spa: Yes

Fencing: Brick, Wrought Iron
Patio And Porch Features: Covered

Land Lease Amount: 4658.079999999
Land Lease Expiration Date: 2085-01-01
Land Lease: Yes
Lot Description: Cul-De-Sac
Lot Size Acres: 0.1600092
Lot Size Square Feet: 6970

Garage Spaces: 2
Parking Features: Garage Door Opener
Parking Total: 2

View: Mountain(s), Panoramic
Security Features: Gated Community

Association: Yes
Association Amenities: Maintenance Grounds
Association Fee: 950
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 950

Source Listing Status: Active
County: Riverside
Cross Street: Camino Del Cerro and Paseo Del Rey
Source Property Type: Residential
Area: 321 - Rancho Mirage
Property Subtype: condo
Source Neighborhood: Thunderbird Villas
Subdivision: Thunderbird Villas
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$297,422 + $101,735
$399,157
$5,260
2020$288,602 + $98,719
$387,321
$4,881
2019$282,944 + $96,784
$379,728
$4,790
2018$277,396 + $94,888
$372,284
$4,715
2017$271,957 + $93,028
$364,985
$4,718
2016$266,625 + $91,204
$357,829
$4,580
2015$262,621 + $89,835
$352,456
$4,413
2014$257,478 + $88,076
$345,554
$4,379
2013$256,315 + $87,679
$343,994
$4,444
2012$251,290 + $85,960
$337,250
$4,163
2010$246,363 + $84,275
$330,638
$4,183
2009$245,104 + $83,847
$328,951
$4,109
2009$244,523 + $83,647
$328,170
$4,109
2008$240,299 + $82,203
$322,502
$3,754
2007$235,588 + $80,592
$316,180
$3,668

Price Changed 2024-07-26
$1,025,000
PalmDesert
Listed 2024-06-29
$1,090,000
PalmDesert
Listing removed 2014-01-25
$450,000
PalmDesert
Price Changed 2013-05-09
$450,000
PalmDesert
Listed 2013-01-24
$500,000
PalmDesert
Sold 1995-12-21
$255,000
Public Record

Total Square Feet Living: 2641
Year Built: 1977
Building Area Total: 2641
Building Exterior Type: Stucco
Construction Materials: Stucco
Levels: One
Property Age: 47
Roof: Clay Tile
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Assessor

Water Source: In Street

Rancho Mirage Elementary School is a public elementary school located approximately 1.5 miles away.
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Nellie N. Coffman Middle School is a public middle school located approximately 3 miles away.
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Rancho Mirage High is a public high school located approximately 4.6 miles away.
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Palm Valley School is a private elementary, middle and high school located approximately 2.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.