NOT LISTED FOR SALE

40320 Desert Creek Ln Rancho Mirage, CA 92270

Estimated Value: $5,802,643 - $6,510,000

7 Beds
7 Baths
6,283 Sq Ft
$968/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $5,850,000 $931 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $39,776/month

200 Days on Market

Highlights

  • Pebble Pool Finish
  • Casita
  • Mountain View
  • James Earl Carter Elementary School Rated A-
  • Gated Community
  • Fireplace in Primary Bedroom

About This Home

As of October 2023

Live each day as if you're on an endless vacation behind the gates of this stunning remodeled estate at Rancho Mirage's guard gated Mission Ranch community on Clancy Lane. The extraordinary custom residence presents a beautiful homesite of nearly 1.04 acres that allow generous room for newly reimagined grounds that rival the area's exclusive five-star resorts. All-new landscaping & hardscaping complements a pool with Baja shelf, spa w/ rock waterfall that flows into the pool below, a luxe cabana, sunken seating area with an open-air fireplace, a tranquil rose garden with fountain, a new outdoor kitchen with BBQ and bar, an extended covered patio with fireplace, and a rooftop deck with new cover and sweeping mountain views. In the backyard, a lighted tennis court is joined by a brand-new guest house w/ bath and kitchenette, custom fountains and new covered patios. Enter through the octagon foyer & marvel at coffered 14' ceilings. This bright and open showplace promises comfort for all w/ 6 beds, 7 bath, a great room with walk-in wet bar, and a family room with a fireplace that is shared with the living room. A brand-new kitchen shines w/ quartz countertops, new custom cabinetry, 2 islands, a walk-in pantry, 2 dishwashers, a double built-in refrigerator flanked by 2 full-size wine refrigerators, and a pro-level Wolf range. Relax in a wood-paneled octagon library library with fireplace, and entertain stylishly in a formal dining room with bay window. A true masterpiece!

Last Agent to Sell the Property

Breanna Goyette

Compass License #01835958 Listed on: 03/20/2023

Compass

Co-Listed By

Deirdre Coit

Compass License #00956865

Last Buyer's Agent

Michelle Smith

Bennion Deville Homes License #01738465

Bennion Deville Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $72,181

Year Built

  • Built in 2000

Lot Details

  • 1.04 Acre Lot
  • Sprinkler System

HOA Fees

  • $700 Monthly HOA Fees

Interior Spaces

  • 6,283 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • See Through Fireplace
  • Gas Log Fireplace
  • Formal Entry
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Library
  • Tile Flooring
  • Mountain Views
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Pool

  • Pebble Pool Finish
  • In Ground Pool
  • Outdoor Pool
  • Saltwater Pool
  • Above Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Outdoor Fireplace
  • Casita

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 682040009

Community Details

Overview

  • Mission Ranch Subdivision

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$72,181

Year Built

Built in 2000

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 4
  • Included In Sale: All attached TVS, Electronic equip., SONOS system, security equip.
  • List Price per Sq Ft: 954.16
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s)
  • Year Built: 2000
  • Co Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Co Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing I D: 219092472
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Member Address: 74-910 Highway 111, Indian Wells, CA 92210
  • Selling Member Fax: (760) 285-8200
  • Selling Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Selling Office Fax: (760) 773-3959
  • Land Type: Fee
  • Subdivision: Mission Ranch
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Exterior, Master Bedroom, Living Room, Great Room
  • Fireplace Features: See Through, Gas Log
  • Flooring: Mixed, Tile
  • Total Bedrooms: 7
  • One Quarter Bathrooms: 1.00
  • Total Bathrooms: 7.00
  • Full Bathrooms: 6
  • Estimated Sq Ft: 6283.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: Salt Water, Waterfall, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Above Ground, Pebble
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Circular Driveway, Driveway
  • Total Covered Spaces: 1.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 7.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 700.00
  • Total Monthly Association Fees: 700.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 682040009
  • Irrigation: Sprinkler System
  • Lot Size: 45302.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Sep 28, 2023
Sold by
Thad S Kemp Living Trust
Bought by
Gjt Trust and Thornburgh
Seller's Agent
Breanna Goyette
Compass
Buyer's Agent
Michelle Smith
Bennion Deville Homes
List Price
$6,395,000
Sold Price
$5,850,000
Premium/Discount to List
-$545,000
-8.52%
Views
255
Current Estimated Value
$6,079,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,411
Avg. Annual Appreciation
2.06%

Purchase Details

Closed on
Sep 22, 2021
Sold by
Kemp Thad S and Thad S Kemp Living Trust
Bought by
Kemp Thad S and Thad S Kemp Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
2.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 12, 2021
Sold by
Guss Robert Barry and Cuss Bonnie Garland
Bought by
Kemp Thad S and Thad S Kemp Living Trust
Seller's Agent
Deirdre Coit
Compass
Buyer's Agent
Breanna Goyette
Compass
List Price
$3,050,000
Sold Price
$2,900,000
Premium/Discount to List
-$150,000
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.73%

Purchase Details

Closed on
Aug 16, 2006
Sold by
Guss Robert B and Guss Bonnie Garland
Bought by
Guss Robert Barry and Guss Bonnie Garland

Purchase Details

Closed on
May 4, 1999
Sold by
Peter Epsteen and Epsteen Mary B
Bought by
Guss Dr Robert B and Guss Bonnie Garland
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gjt Trust $5,850,000 Orange Coast Title
Kemp Thad S -- First American Title Company
Kemp Thad S $2,900,000 First American Title Company
Guss Robert Barry -- None Available
Guss Dr Robert B $270,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thad S Kemp Living Trust $700,000
Previous Owner Thad S Kemp Living Trust $400,000
Previous Owner Kemp Thad S $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $5,850,000 0.0% $931 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
08/03/2023 08/03/23 Off Market $5,850,000 -- --
07/14/2023 07/14/23 Price Changed $5,995,000 -2.5% $954 / Sq Ft
06/06/2023 06/06/23 Price Changed $6,149,000 -3.8% $979 / Sq Ft
03/20/2023 03/20/23 For Sale $6,395,000 +120.5% $1,018 / Sq Ft
07/22/2021 07/22/21 Sold $2,900,000 -4.9% $501 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $3,050,000 0.0% $527 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $3,050,000 -- $527 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $72,181 $5,967,000 $1,479,000 $4,488,000
2023 $72,181 $1,728,066 $356,703 $1,371,363
2022 $18,137 $1,448,791 $349,709 $1,099,082
2021 $19,810 $1,587,456 $398,859 $1,188,597
2020 $19,436 $1,571,180 $394,770 $1,176,410
2019 $19,065 $1,540,374 $387,028 $1,153,346
2018 $18,701 $1,510,172 $379,442 $1,130,730
2017 $18,321 $1,480,561 $372,002 $1,108,559
2016 $17,873 $1,451,531 $364,708 $1,086,823
2015 $17,944 $1,429,730 $359,231 $1,070,499
2014 $17,642 $1,401,726 $352,196 $1,049,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219092472

California Desert Association of REALTORS®

APN: 682-040-009