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*

$ 45,777

Listed by SERHANT.
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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.

WALLPAPER MAGAZINE TOP 25 HOUSES OF 2025 GLOBALLY. PALM SPRINGS LIFE MARCH 2026 COVER HOME. Welcome to the Dreamer Estate at 38850 Kelley Lane, the most articulate residential work yet by acclaimed architect Robert Stone. Stone has spent three decades redefining what shelter means in the desert. His earlier works, Acido Dorado and Rosa Muerta, won the 2013 AIA TOP HONOR AWARD, have been DISPLAYED IN THE SMITHSONIAN, and attracted Saint Laurent, Vogue Italia, and Beyonce for editorial shoots. His name is now mentioned alongside the modernist masters who defined California architecture. The Dreamer Estate is his first fully realized residence and has already hosted the Palm Desert Food and Wine Festival Celebrity Chef Reception. Set on 3.83 ACRES, more than double the largest lot in the emerging private enclave across the street, this compound offers 4,029 square feet of living space with 5 BEDROOMS AND 4.5 BATHROOMS across two structures. THE MAIN RESIDENCE is a grounded piece of sculpture Stone calls California Chicano Futurism. The roof features four shades of metallic glaze on traditional pottery tile, creating a shimmering surface that sits on the dirt like a dropped lowrider. Inside, MIRRORED CEILINGS in the great room pull the San Jacinto Mountains into the living space and dissolve the boundary between interior and landscape. The kitchen is a bespoke art installation featuring SILVER CROCODILE EMBOSSED LEATHER CABINETRY. The primary suite is defined by a single bold gesture, a wall of Kelly green tile. A breeze block wall filters light and desert views into an ever-changing pattern throughout the day. THE GUEST RESIDENCE, known as Lil Dreamer, is not a guest house but a self-contained residence with its own entrance, kitchen, and living space, perfect for an artist retreat, recording studio, or private quarters. THE GROUNDS feature a half Olympic-length pool that serves as the reflective spine of the estate. A valet setup and service entrance allow seamless hosting of UP TO 200 GUESTS. The home follows the path of the sun, warmer in winter and cooler in summer by design. To acquire a work by Robert Stone is to recognize a pattern before the market does. The opportunity is now.

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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

219151129DA

Days on Market

3

Features
General
Living Area 4029
Sewer Septic Tank
Heating Central Forced Air Heat Pump Zoned
Cooling Central Air Electric Heat Pump Zoned
Utilities Cable Available
Possession Close Of Escrow
Roof Clay Foam
Appliances Range Hood
Garage Spaces 2
Architectural Style Modern
Pool Features Gunite Electric Heat In Ground Salt Water Tile
Security Features Closed Circuit Camera(s) Fire Sprinkler System Security Gate Key Card Entry Security Lights
Construction Materials Stucco
Exclusions Staging artwork
Year Built 2024
Electric 220 Volts in Garage 220 Volts in Kitchen 220 Volts in Laundry
View Desert 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
Disclosures Easement(s)
Senior Community Y/N false
Open Parking Spaces 6
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 Conventional
Spa Features Gunite Heated In Ground 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 Appraiser
Property Sub Type Additional Single Family Residence
Expected Active Date 2026-08-06
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Interior
Interior Amenities Breakfast Bar Separate/Formal Dining Room All Bedrooms Down Bedroom on Main Level Dressing Area Main Level Primary Primary Suite Utility Room Walk-In Closet(s)
Flooring Concrete
Fireplace Features Gas Living Room
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Double Pane Windows Drapes Garden Window(s) Tinted Windows
Fireplace Y/N true
Half Baths 1
1/4 Baths 0
3/4 Baths 0
Laundry Features Laundry Room
Total Bedrooms 5
Total Baths 5
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Exterior
Fencing Chain Link Privacy Stucco Wall
Parking Features Circular Driveway Driveway Garage Garage Door Opener Guest
Lot Features Cul-De-Sac Drip Irrigation/Bubblers Landscaped Level Sprinklers Timer Sprinkler System
Total Parking 10
Lot Size Area 166835
Foundation Details Slab
Spa false
Lot Size Acres 3.83
Private Pool true
Lot Size Source Appraiser
Door Features Sliding Doors
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* Excluded Features
List By
Serhant.

Broker

simon@homebysimon.co

Email

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$45,777
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$45,777
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Default based on a 30-year fixed rate of 6.49% 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
8/6/2026$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