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42694 E Veldt Street, Rancho Mirage, CA 92270

$1.25M4bd · 3ba · 2,580 sqft
Lot 13,068 sqftSingle Family Residence
Active
5d on marketMLS# 219152476

Property Description

2 NEW 15 SEER A/C's installed JULY 2026! WE ARE THE DEAL in Magnesia Falls Cove, a hidden gem in the heart of Rancho Mirage. No HOA hassles! ALL furniture, amazing art and accessories INCLUDED in the price! 4 bedrooms and 3 baths in 2,580 square feet on a LARGE 13,000 SF lot. 2 car garage. Great OPEN kitchen with stainless appliances, huge center island and large pantry. LARGE living room, dining room and den/media room with wine refrigerator! Quiet and private PRIMARY SUITE with giant shower and massive closet, outdoor tub & shower as a fun bonus area. AND 3 additional bedrooms! UPDATED resort pool is ONLY 6 years old, with Pentair equipment package, pebble finish, Baja shelf, umbrellas, raised spa with waterfall. HUGE back yard with total privacy. NO work to be done, just arrive, take in the mountain views and RELAX! NOTE: This house can easily be modified to create a 'guest wing' with separate private entrance. Perfect opportunity for rental, live-in assistant or additional family members. CLEAR PEST report on file.

Features & Amenities

Magnesia Falls CoveFeeBuilt 1956

Property Details

Subdivision
Magnesia Falls Cove
Land Type
Fee
Year Built
1956
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Forced Air, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s), Central Air
View
Mountain(s), Pool
Flooring
Carpet, Ceramic Tile, Stone Tile
Roof
Foam, Tile
City
Rancho Mirage
Zip Code
92270
County
Riverside
Listed byForte Partners Real Estate, Inc., Randy Roy·760-902-1451

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,295.40
Principal & Interest
Loan Amount
$996,000
Total Interest
$1,270,343
Total Payment Over 30 Years
$2,266,343
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Magnesia Falls Cove

This property is located in Magnesia Falls Cove, a community in Rancho Mirage. Explore more listings in this neighborhood to compare options and pricing.

View Magnesia Falls Cove Listings

Comparative Market Analysis

Residential Tier · 3 active · 5 closed

42694 E Veldt Street, Rancho Mirage, CA 92270

Magnesia Falls Cove · Rancho Mirage · Single Family Residence

$1.25M
Residential Tier
Beds
4
Baths
3
Sqft
2,580
Lot
13,068 sqft
Year
1956
$/Sqft
$483
Pool: Yes
Spa: Yes
View: mountain
Garage: 2-car

Listed 56.6% above the median closed sale of $795,000. Price per sqft ($483) is a 45% premium to closed comps ($332).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.25M· $483/sqft
Total list price
Closed comps
vs closed median $795K
+$450K (+56.6%)
Active comps
vs active median $1.23M
+$20K (+1.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $496
$13 (2.6%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
71519 Biskra RoadRancho Mirage1961432,64513,068$454$1.20M5694
71395 Biskra RoadRancho Mirage1976332,32413,068$527$1.23M20481
71569 Sahara RoadRancho Mirage2000542,71017,424$507$1.38M21879
Total: 3 · Average4.03.32,559.66714,520$496$1.27M159.33333333333334
Median2,645$1.23M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
245 Via MartelliRancho Mirage200306/10/2026432,4347,841$749,000$730,000$3000.973570
69767 Camino PacificoRancho Mirage199706/22/2026432,35612,197$930,000$900,000$3820.9722369
76 Via Del MercatoRancho Mirage200306/24/2026332,4807,840$750,000$750,000$3021.003168
39914 Morningsprings RoadRancho Mirage199608/27/2026442,49611,761$899,000$865,000$3470.962768
15 San Marino CircleRancho Mirage198608/13/2026332,42210,890$825,000$795,000$3280.967767
Total: 5 · Average3.63.22,437.610,105.8$808,000$808,000$331.878.6
Median2,434$795,000$795,000

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.