38850 Kelley Lane Rancho Mirage, CA $ 7,250,000
38850 Kelley Lane
$ 7,250,000
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38850 Kelley Lane

Rancho Mirage, CA, 92270
$ 7,250,000
Bedrooms5 Baths4.1 Sq 4,029

Monthly Estimate*

$ 44,639

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Single Family Home for sale in Rancho Mirage, CA

for $7,250,000 with 5 bedrooms and 4 full baths, 1 half bath. This 4,029 square foot home was built in 2024.

Named one of Wallpaper* Magazine's Top 25 Houses in the World, 2025. Published in Robb Report, Mansion Global, and Palm Springs Life. Venue for the Palm Desert Food & Wine Festival Celebrity Chef Reception. Featured in the March 2026 Palm Springs Life Fashion Edition. THE DREAMER ESTATE by AIA Award-winning architect Robert Stone is not a home that needs an introduction. It needs to be experienced. Stone's residential work has been used as locations by Saint Laurent, Roberto Cavalli, and Beyonce. His architecture sits in the permanent collection of cultural relevance. This is his latest residential design on 3.83 acres in the heart of Rancho Mirage. THE ARCHITECTURE - Designed around the sun's path. A signature silver roof floats above walls of glass, dissolving the line between interior and desert landscape. Decorative breeze blocks cast intricate shadow patterns throughout the day. Every window frames the San Jacinto Mountains. THE SETTING - Located on private roads on Kelley Lane, the estate overlooks the former ranch of Frank Sinatra, now approved for development into 16 private lots expected between $5.5M and $6.8M. Roads are being cobbled and gated. The Dreamer Estate sits on 3.83 acres, more than double the largest lot in that new development, and it is already built. THE RESIDENCE - Four bedrooms including a serene primary suite and the Lil' Dreamer guest suite. Half-olympic pool. Curated outdoor spaces for intimate evenings or large-scale entertaining. Fully turnkey. Every element is intentional. This is architecture acquired the way you acquire art.

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Single Family Active

Price

$ 7,250,000

Bedrooms

5

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Contemporary, Modern, Other

Year Built

2024

Town/City

Rancho Mirage

County/Region

Riverside

MLS | Web ID

219144081

Features
General
Living Area 4029
Sewer Septic Tank
Heating Central Fireplace(s) Forced Air Zoned Electric
Cooling Air Conditioning Central Air Electric Zoned
Utilities Cable TV Electricity Available
Possession Close Of Escrow
Roof Clay Tile
HOA Fee 0
Garage Spaces 2
Architectural Style Contemporary Modern Other
Pool Features Gunite Heated In Ground Private Salt Water
Security Features Card/Code Access Security System Owned
Construction Materials Stucco
Exclusions Staging artwork
Year Built 2024
View Mountain(s) Panoramic Pool
Levels Ground
Property Subtype Single Family Residence
County Riverside
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Not Applicable
Other Structures Guest House/Casita
Status Active
City Rancho Mirage
Senior Community Y/N false
MLS Area 321 - Rancho Mirage
Carport Spaces 0
Listing Terms Cash Cash to New Loan
Spa Features Private Gunite Tile
Walk Score 0
Standard Status Active
Year Built Source Assessor
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Interior
Interior Amenities Built-In Features Main Floor Bedroom Master Retreat Master Suite Walk In Closet Bidet Quartz Counters Open Floorplan Recessed Lighting
Flooring Stained Concrete
Furnished Y/N Unfurnished
Total Fireplaces 1
Fireplace Features Gas Living Room
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
1/4 Baths 0
Laundry Features In Closet Individual Room
Total Baths 5
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Exterior
Exterior Amenities Solar System Owned Balcony
Fencing Chain Link Fenced Stucco Wall
Parking Features Covered Driveway Garage Door Opener Total Covered Spaces Total Uncovered/Assigned Spaces
Lot Features Premium Lot Front Yard Landscaped Level Private Cul-De-Sac
Water Source In Street
Total Parking 11
Lot Size Area 166835
Foundation Details Slab
Spa true
Building Area Total 4029
Lot Size Source Assessor
Other Equipment Call Listing Agent
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* Excluded Features
List By
Simon J Court

Listing Agent

Kw Coachella Valley

Broker

simon@homebysimon.co

Email

Affordability Calculator

$44,639
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Monthly Principal & Interest
$44,639
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/4/2026$7,250,000 Listed Price

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38850 Kelley Lane, Rancho Mirage, CA, 92270 is a Single Family Home for sale at $7,250,000 with 4,029 sqft. 38850 Kelley Lane has 5 bedrooms, 4.1 baths, and was built in 2024. The property's zip code is 92270 which is in Rancho Mirage, CA