40851 Bob Hope Dr
1 / 38

40851 Bob Hope Drive, Rancho Mirage, CA 92270

$777K3bd · 3ba · 1,295 sqft
Lot 7,841 sqftHOA $43/moSingle Family Residence
Active
19d on marketMLS# P1-28126

Property Description

Set within the architecturally significant Tierra Del Sol community in Rancho Mirage, this 1956 Mid-Century Modern residence embodies the timeless clarity of desert modernism. Designed by Richard Leitch, FAIA and developed by Robert McCulloch, Tierra Del Sol earned national recognition with an AIA award for its master planning -- a thoughtfully composed enclave of just 39 homes arranged around shared green space and a central clubhouse. Hidden just off Bob Hope Drive, it remains one of Rancho Mirage's quiet architectural treasures. This home has been carefully renovated to preserve its design integrity while elevating livability for today's lifestyle. Inside, terrazzo-style flooring flows throughout the open plan, anchoring the interiors with a classic mid-century palette. Clerestory windows bring in soft natural light, while warm wood cabinetry and clean white surfaces reinforce the architectural rhythm of line, light, and material. The flexible layout offers a primary suite, a secondary suite, and a third bedroom, providing privacy for guests or multi-generational living -- a rare advantage in historic modernist homes. Outside, the home embraces the desert landscape with citrus trees -- grapefruit, tangerine, and orange -- creating a private garden that reflects Rancho Mirage's heritage of resort living. Spectacular mountain views frame the property, while the community's pool and expansive grounds offer a relaxed social setting reminiscent of classic Palm Springs era living. Located just one mile from The River and moments from Eisenhower Health, the home combines architectural pedigree with everyday convenience.

Features & Amenities

FeeBuilt 1956

Property Details

Land Type
Fee
Year Built
1956
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air, Wall/Window Unit(s)
View
None
Roof
Foam, Flat
City
Rancho Mirage
Zip Code
92270
County
Riverside
Listed byCOMPASS, Shanshan Lin

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,930.06
Principal & Interest
Loan Amount
$621,778
Total Interest
$793,044
Total Payment Over 30 Years
$1,414,822
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

40851 Bob Hope Drive, Rancho Mirage, CA 92270

Rancho Mirage · Single Family Residence

$777K
Affordable Tier
Beds
3
Baths
3
Sqft
1,295
Lot
7,841 sqft
Year
1956
$/Sqft
$600
Pool: Yes
Spa: No
View: mountain
Garage: 2-car

Listed 9.9% above the median closed sale of $707,000. Closed comps sold at 95% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $777K· $600/sqft
Total list price
Closed comps
vs closed median $707K
+$70K (+9.9%)
Active comps
vs active median $970K
$193K (19.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,283
$683 (53.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
70170 Sun ValleyRancho Mirage1964221,3686,970$709$970,0001385
42665 Veldt StreetRancho Mirage1955221,4009,583$857$1.20M6284
69629 Antonia WayRancho Mirage1983321,3604,356$276$375,0002682
35335 Via JosefinaRancho Mirage1958231,120217,800$4,018$4.50M381
22 TempranilloRancho Mirage2019221,4387,418$554$797,0001975
Total: 5 · Average2.22.21,337.249,225.4$1,282.8$1.57M24.6
Median1,368$970,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
71642 Mirage RoadRancho Mirage195606/15/2026321,24810,019$885,000$880,000$7050.992292
71947 Vista Del RioRancho Mirage195805/18/2026221,2846,970$725,000$707,000$5510.976585
71739 Tunis RoadRancho Mirage195606/08/2026221,0007,405$625,000$575,000$5750.923380
2 SevilleRancho Mirage197505/22/2026221,3202,429$509,000$430,000$3260.843874
37700 Peacock CircleRancho Mirage199806/09/2026221,5566,098$990,000$987,000$6341.002773
Total: 5 · Average2.22.01,281.66,584.2$715,800$715,800$558.237
Median1,284$707,000$707,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.