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40262 Rancho Palmeras, Rancho Mirage, CA 92270

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For Sale
Sale Pending

$2,099,000

4 beds • 4 baths • 1 half baths • 3,882 sqft

Estimated Payment

$ 10,758 /mo. †

6.63% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $540.70
    Price per square foot

  • 11-20 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

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 The vast primary bath has 2 stylish walk-in closets featuring elegant built-in storage solutions, a jetted spa size tub, a walk-in shower and 2 separate sink areas for privacy. Across the house, there are 2 guest bedrooms each equipped with its own lovely bathroom, they're functioning as offices, and one includes a built-in office desk with storage and Murphy bed. Finally, there is a 4th bedroom in the Guesthouse complete with an ensuite bath. Outside, a tropical paradise awaits with lush green park like grounds surrounded with blooming pink bougainvillea and palm trees. The covered cabana style outdoor living room has designer curtains to offer complete shade and opens to the oversized saltwater pool and spa with a swim deck and plenty of room for laps or floating. For the cool Winter nights, warm up and relax at the built-in conversation piece gas firepit that provides cozy seating for up to 16 guests while offering a view of the cook and guests at the custom island bar with Fire Magic BBQ and side burner or glance back over by the pool area to the activity surrounding the 4-hole putting green, recently installed by Teserra pools. Whether you're hosting large gatherings or enjoying a cozy evening under the stars, this home is an entertainer's dream! Enjoy the benefits of a paid eco-friendly solar system. Not a gated community, LOW HOA of $110. takes care of common area shared by 8 neighboring properties.
MLS# 219118503

Courtesy Of Equity Union Real Estate

(760) 621-0395

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Vaulted Ceiling
  • Appliances
    Cooktop, Cooktop - Gas, Dishwasher, Dryer, Freezer, Garbage Disposer, Ice Maker, Microwave, Oven - Convection, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Zoned A/C
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet
  • Heating System
    Central Furnace, Fireplace, Forced Air, Hot Water
  • Lot Size
    0.45 Acres
  • Roof Type
    Tile

Map and Directions

Directions to 40262 Rancho Palmeras, Rancho Mirage, CA 92270

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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $10,758
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $10,758

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

James Earl Carter Elementary School

Grades KG-5 Public School

Palm Desert, CA 92260 2.1 miles
74251 hovley ln e

551 total students
20:1 Student teacher ratio

School Rating: A-

School Details

Palm Desert Charter Middle School

Grades 6-8 Public School

Palm Desert, CA 92260 2.4 miles
74200 rutledge way

1372 total students
27:1 Student teacher ratio

School Rating: B-

School Details

Colonel Mitchell Paige Middle School

Grades 6-8 Public School

La Quinta, CA 92253 6.2 miles
43495 palm royale dr

596 total students
23:1 Student teacher ratio

School Rating: C-

School Details

Palm Desert High School

Grades 9-12 Public School

Palm Desert, CA 92260 3.1 miles
74910 aztec rd

2129 total students
28:1 Student teacher ratio

School Rating: A

School Details
Other Nearby Schools Distance Type Grades School Rating
Rancho Mirage Elementary School 1.3 miles Public KG-5 B+
Desert Adventist School 2 miles Private KG-8
Lincoln Elementary School 2.3 miles Public KG-5 B-
Montessori School Of The Desert 2.5 miles Private KG-4
Sacred Heart School 2.9 miles Private PK-8
George Washington Charter School 3.3 miles Public KG-5 B+
Palm Valley School 3.4 miles Private PK-12
Cathedral City Elementary School 3.8 miles Public KG-5 C+
Nellie N. Coffman Middle School 3.9 miles Public 6-8 D+
Xavier College Preparatory High School 4.2 miles Private 9-12
Cathedral City High School 4.3 miles Public 9-12 B
Della S Lindley Elementary School 4.7 miles Public KG-5 D+
Rancho Mirage High School 4.9 miles Public 9-12 A-
King's Schools Of The Desert 5.1 miles Private KG-8
Sunny Sands Elementary School 5.6 miles Public KG-5 A-
Mt. San Jacinto High School 6.3 miles Public 9-12 D+
Agua Caliente Elementary School 6.9 miles Public KG-5 D

Rancho Mirage Elementary School

Distance: 1.3 miles

Type Public

Grades: KG-5

B+

Desert Adventist School

Distance: 2 miles

Type Private

Grades: KG-8

Lincoln Elementary School

Distance: 2.3 miles

Type Public

Grades: KG-5

B-

Montessori School Of The Desert

Distance: 2.5 miles

Type Private

Grades: KG-4

Sacred Heart School

Distance: 2.9 miles

Type Private

Grades: PK-8

George Washington Charter School

Distance: 3.3 miles

Type Public

Grades: KG-5

B+

Palm Valley School

Distance: 3.4 miles

Type Private

Grades: PK-12

Cathedral City Elementary School

Distance: 3.8 miles

Type Public

Grades: KG-5

C+

Nellie N. Coffman Middle School

Distance: 3.9 miles

Type Public

Grades: 6-8

D+

Xavier College Preparatory High School

Distance: 4.2 miles

Type Private

Grades: 9-12

Cathedral City High School

Distance: 4.3 miles

Type Public

Grades: 9-12

B

Della S Lindley Elementary School

Distance: 4.7 miles

Type Public

Grades: KG-5

D+

Rancho Mirage High School

Distance: 4.9 miles

Type Public

Grades: 9-12

A-

King's Schools Of The Desert

Distance: 5.1 miles

Type Private

Grades: KG-8

Sunny Sands Elementary School

Distance: 5.6 miles

Type Public

Grades: KG-5

A-

Mt. San Jacinto High School

Distance: 6.3 miles

Type Public

Grades: 9-12

D+

Agua Caliente Elementary School

Distance: 6.9 miles

Type Public

Grades: KG-5

D

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Rancho Mirage, CA 92270

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Rancho Mirage, CA 92270

This community’s employment is highest in the food and healthcare practitioners industries. The area’s overall household expenses are above the national average.

106° July
Hottest Average Month
39° December
Coldest Average Month
9,126 Total Households in Area
3.2% Increase in population since the year 2010
10.4%
of households
have children
20 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Rancho Mirage, CA 92270

Rancho Mirage, CA 92270 has a population of 17,566 people in 9,126 households with a median age of 61.5 years old.

3.2%
Increase in population
since the year 2010
Population is Trending up
8,801
Total households as of 2010
5.5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 61.5 years old. The smallest percentage group is 65-74 years and the largest percentage is the 0-5 years age range.

Community Population By Ethnicity

White 77%
Hispanic 15%
Other 7%
Asian 5%
Black 2%
Native American <1%
The most prevalent ethnicity is White at 77%, followed by Hispanic at 15%, Other at 7%, and Asian at 5%.

Economics
for Rancho Mirage, CA 92270

670 /sq mi
Population Density
$92,529 /yr
Median Household Income
$839,000
Median Sales Price
20 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 21.87% of the households.

Transportation to Work

  • Drive 72%
  • Work from Home 22%
  • Walk or Bike 5%
  • Public Transit 1%

Occupancy by Type

Owned 7,445 52%
Vacant 5,126 36%
Rented 1,681 12%

White vs Blue Collar Jobs







White Collar 89%
Blue Collar 11%

Family & Education Facts
for Rancho Mirage, CA 92270

61.5 Median Age

Average Household Size

1.9
persons per
household

49.2%

Married Households

Community Population By Education

Some College 26%
Bachelors Degree 24%
Graduate Degree 21%
High School Graduate 16%
Associates Degree 7%
Some High School 6%
Of the total people surveyed, the most prevalent educational attainment level is Some College, representing 25.53% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
10.4% of households have children

Weather
for Rancho Mirage, CA 92270

The weather for this area ranges from a high of 106° F in July to a low of 39° F in December

106° July
Hottest Average Month
39° December
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
39°
68°
Feb
42°
71°
Mar
45°
75°
Apr
50°
85°
May
57°
93°
Jun
63°
101°
Jul
70°
106°
Aug
71°
105°
Sep
65°
100°
Oct
55°
89°
Nov
45°
76°
Dec
39°
68°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 California Desert Association of REALTORS&#174;, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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