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71366 Biskra Road, Rancho Mirage, CA 92270

$2.00M5bd · 4ba · 3,334 sqft
Lot 16,199 sqftSingle Family Residence
Active
110d on marketMLS# PS-26673525

Property Description

Amazing Price Improvement on this Amazing Home! This beautifully reimagined mid-century residence in prestigious Magnesia Falls Cove captures the essence of classic desert modernism, stunning mountain views with the ultimate resort-like setting! Inside, light-filled spaces and an open-concept floor plan create effortless flow for both everyday living and entertaining, seamlessly connecting to the outdoor retreat. Main house includes 4 bedrooms- 2 en suites with access to backyard, 3 updated bathrooms, polished concrete floors throughout, and updated kitchen. Relax and unwind in the mid-century estate on an oversized lot. Take a dip in the sparkling pebble tech pool or spa while enjoying the magnificent surrounding views or practice your golf game on the 70 ft putting green. Marvel at the exquisite sunsets alongside the firepit, or while dining al fresco. A detached casita provides flexible space ideal for guests, a private office, or studio with a fully equipped kitchenette, king sized bed, living area and bathroom. This home is equipped with 10.22 KW solar system for low cost, eco-friendly living! Furnishings are offered per inventory, creating a seamless turnkey desert retreat that allows buyers to move in and immediately enjoy the lifestyle this estate provides. Just minutes from the shopping and dining of The River or El Paseo Shopping District, as well as world-class golf or hiking, this exceptional property offers a rare opportunity to own a true desert retreat where style, privacy, and location meet!

Features & Amenities

Magnesia Falls CoveFeeBuilt 1970

Property Details

Subdivision
Magnesia Falls Cove
Land Type
Fee
Year Built
1970
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
View
Mountain(s)
City
Rancho Mirage
Zip Code
92270
County
Riverside
Listed byRe/Max Desert Properties, Becky Bowles

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$10,108.03
Principal & Interest
Loan Amount
$1,599,200
Total Interest
$2,039,691
Total Payment Over 30 Years
$3,638,891
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

Luxury Tier · 3 active · 5 closed

71366 Biskra Road, Rancho Mirage, CA 92270

Magnesia Falls Cove · Rancho Mirage · Single Family Residence

$2.00M
Luxury Tier
Beds
5
Baths
4
Sqft
3,334
Lot
16,199 sqft
Year
1970
$/Sqft
$600
Pool: Yes
Spa: Yes
View: mountain

Listed 48.1% above the median closed sale of $1,350,000. Price per sqft ($600) is a 40% premium to closed comps ($429). Closed comps sold at 93% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.00M· $600/sqft
Total list price
Closed comps
vs closed median $1.35M
+$649K (+48.1%)
Active comps
vs active median $1.38M
+$624K (+45.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $575
+$25 (+4.3%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
71418 Mirage RoadRancho Mirage2006343,31515,246$724$2.40M7585
71569 Sahara RoadRancho Mirage2000542,71017,424$507$1.38M16084
42694 Veldt StreetRancho Mirage1956432,58013,068$494$1.27M9980
Total: 3 · Average4.03.72,868.33315,246$575$1.68M111.33333333333333
Median2,710$1.38M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3 Siena Vista CourtRancho Mirage202507/16/2026453,74816,553$2.95M$2.65M$7070.907564
8 Via Santa RamonaRancho Mirage200406/04/2026453,35013,504$1.57M$1.36M$4050.864361
69727 Camino PacificoRancho Mirage200107/09/2026453,12513,939$950,000$920,000$2940.972760
6 Carrera PlaceRancho Mirage200306/08/2026453,16212,632$1.40M$1.35M$4270.9717360
64 Paris WayRancho Mirage200406/17/2026442,90012,197$949,000$900,000$3100.959159
Total: 5 · Average4.04.83,25713,765$1.44M$1.44M$428.681.8
Median3,162$1.35M$1.35M

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.