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

Listed by KW Coachella Valley
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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 on a lot size of 3.83.

THE DREAMER ESTATE - A work of art to be collected and lived in. This internationally recognized work by AIA Award-winning architect Robert Stone, conceived not just as a home but as a significant piece of California architecture. This is an acquisition of cultural capital. THE ARCHITECTURE - An orchestration of light and form, the residence is designed around the sun's path. A signature silver roof floats above walls of glass, dissolving the boundary between interior sanctuary and desert landscape. Decorative breeze blocks create intricate shadow play - a hallmark of Stone's work - while the structure itself frames uninterrupted views of the San Jacinto Mountains. THE PROVENANCE - The estate's cultural pedigree is undisputed. Named one of Wallpaper* magazine's Top 25 Houses of 2025. Published in Robb Report, Mansion Global, and Palm Springs Life. Venue for the upcoming Palm Desert Food & Wine Festival Celebrity Chef Reception and featured in the March 2026 Palm Springs Life Fashion Edition. THE SETTING - Located on Kelley Lane in the heart of Rancho Mirage on private roads, the estate overlooks the former ranch of Frank Sinatra, now being transformed into an exclusive luxury enclave. The grounds feature a pristine half-olympic pool and curated outdoor spaces for reflection or grand-scale entertaining. THE RESIDENCE - Interior spaces are both dramatic and intimate. A serene primary suite provides a private retreat, complemented by guest accommodations including the whimsical Lil' Dreamer suite. Every element is intentional, contributing to the experience of living within a masterpiece. For the connoisseur of art, architecture, and culture. Call for your private appointment to view The Dreamer Estate.

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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

Lot Size

3.83

Year Built

2024

Town/City

Rancho Mirage

County/Region

Riverside

MLS | Web ID

219144081DA

Days on Market

9

Features
General
Living Area 4029
Sewer Septic Tank
Heating Central Electric Forced Air Fireplace(s) Zoned
Cooling Central Air Electric Zoned
Utilities Cable Available
Possession Close Of Escrow
Roof Clay
Appliances Convection Oven Dishwasher Electric Oven Electric Range Freezer Disposal Gas Water Heater Ice Maker Refrigerator Range Hood Self Cleaning Oven Vented Exhaust Fan Water To Refrigerator
Garage Spaces 2
Architectural Style Contemporary Modern
Pool Features Gunite Electric Heat In Ground Private Salt Water
Security Features Key Card Entry
Construction Materials Stucco
Exclusions Staging artwork
Year Built 2024
Electric 220 Volts
View Mountain(s) Panoramic Pool
Property Subtype Single Family Residence
County Riverside
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Not Applicable-1
Garage Y/N true
Other Structures Guest House
Full Baths 4
Special Listing Conditions Standard
Status Active
Directions From Highway 111 / Bob Hope Drive head north onto Peterson Road and you'll reach the Kelley Lane / Mirage Cove area. Cross Street: Mirage Cove Drive & Peterson Road.
City Rancho Mirage
Senior Community Y/N false
Open Parking Spaces 7
MLS Area 321 - Rancho Mirage
Lot Size Units Square Feet
Lot Size Square Feet 166835
Carport Spaces 0
Listing Terms Cash Cash to New Loan
Spa Features Gunite Heated Private
Property Attached Y/N false
Land Lease Y/N false
Walk Score 0
Lease Considered Y/N false
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Built-in Features Balcony Separate/Formal Dining Room High Ceilings Open Floorplan Recessed Lighting Sunken Living Room Bedroom on Main Level Primary Suite Walk-In Closet(s)
Flooring Concrete
Fireplace Features Gas Living Room
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 1
1/4 Baths 0
3/4 Baths 0
Laundry Features Laundry Closet Laundry Room
Total Bedrooms 5
Total Baths 5
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Exterior
Exterior Amenities Barbecue
Fencing Chain Link Stucco Wall
Parking Features Covered Driveway Garage Garage Door Opener
Lot Features Cul-De-Sac Drip Irrigation/Bubblers Front Yard Landscaped Level Sprinklers Timer Sprinkler System Yard
Total Parking 11
Lot Size Area 166835
Foundation Details Slab
Spa false
Lot Size Acres 3.83
Private Pool true
Lot Size Source Assessor
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* Excluded Features
List By
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
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2026$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 and a lot size of 3.83. 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