NOT LISTED FOR SALE

40350 Desert Creek Ln Rancho Mirage, CA 92270

Estimated Value: $4,470,271 - $5,396,000

6 Beds
6.5 Baths
8,000 Sq Ft
$617/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $2,800,000 $350 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $29,974/month

136 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Equestrian Center
  • Heated In Ground Pool
  • James Earl Carter Elementary School Rated A-
  • Tennis Courts
  • Primary Bedroom Suite

About This Home

As of April 2017

Featured on the cover of Robb Report, this award winning luxury estate is an architectural masterpiece. With No expense spared, this home sits in Mission Ranch's 24hr guarded community in Rancho Mirage, known as the Beverly Hills of the Desert. The home exudes amenities designed by a world renowned architect. From a lit tennis court to resort-like backyard w/citrus trees to nearly 8000 sq ft of living space on an acre lot, this magnificent estate includes 2 casitas, separated by a full outdoor kitchen. This home emanates contemporary Italian essentials blended w/AZ & California desert elements. The home features 6 beds, 6.5 baths, spectacular spa/Vichy room, multiple seating & living areas, huge chefs kitchen, elegant dining room, 5 car garage w A/C. It boasts Canterra stone & granite, custom lighting, 2 swimming pools w/cascading waterfalls, a reflection pool & spa. Inside features power blinds, central light control & butler's pantry w/ ample wine storage. Custom furniture included.

Last Agent to Sell the Property

Sean Stanfield

Desert Sotheby's International Realty License #01024996 Listed on: 11/21/2016

Co-Listed By

Craig Chorpenning

HOM Sotheby's International License #01887862

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,080

Year Built

  • Built in 1994

Lot Details

  • 1.04 Acre Lot
  • Property fronts a private road
  • Block Wall Fence
  • Rectangular Lot
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $543 Monthly HOA Fees

Home Design

  • Custom Home
  • Modern Architecture
  • Mediterranean Architecture
  • Entry on the 1st floor
  • Slab Foundation

Interior Spaces

  • 8,000 Sq Ft Home
  • Wet Bar
  • Bar
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Tinted Windows
  • Vertical Blinds
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • 6 Fireplaces
  • Great Room with Fireplace
  • Sunken Living Room
  • Formal Dining Room
  • Tile Flooring
  • Mountain Views
  • Security System Owned
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Butlers Pantry
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Bidet
  • Hydromassage or Jetted Bathtub

Parking

  • 5 Car Direct Access Garage
  • Driveway

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Waterfall Pool Feature
  • Outdoor Shower

Outdoor Features

  • Tennis Courts
  • Outdoor Fireplace
  • Built-In Barbecue

Additional Homes

  • Accessory Dwelling Unit (ADU)
  • Fireplace in Guest House

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 682040010

Community Details

Overview

  • Association fees include security
  • Mission Ranch Subdivision
  • 6-Story Property

Recreation

  • Tennis Courts

Security

  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,080

Year Built

Built in 1994

Lot Details

0

HOA Fees

$543 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Mission Ranch
  • Building Number Of Stories: 6
  • Building Style: Mediterranean, Modern
  • Entry Floor: 1
  • Included In Sale: All furnishings - seller will provide inventory list
  • List Price per Sq Ft: 374.38
  • Lp Sp Ratio: 0.9349
  • View Type: Mountain(s)
  • Year Built: 1994
  • Co Listing Office Address: 300 PCH Suite 405, Huntington Beach, CA 92648
  • Listing I D: 216034492
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 909 Grand Ave #6, San Diego, CA 92109
  • Land Type: Fee
  • Subdivision: Mission Ranch
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave Oven, Exhaust Fan
  • Fireplace: Yes
  • Fireplace Location: Exterior, Master Bedroom, Great Room, Casita - Guest House, Family Room
  • Interior Amenities: Bar, Wet Bar, Two Story Ceilings, Sunken Living Room, Cathedral Ceiling(s)
  • Warming Oven Drawer: Yes
  • Range Hood: Yes
  • Fireplace Features: Gas Log
  • Flooring: Tile
  • Bedroom Features: 2 Master Bedrooms, Master Suite, Main Floor Master Bedroom
  • Total Bedrooms: 6
  • Bathroom Features: Bidet, Tub With Jets
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 4
  • Eating Areas: Breakfast Nook, Formal Dining Room
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 8000.00
  • Windows Treatments: Tinted Windows, Vertical Blinds

Exterior Features

  • Other Features: Custom Built, Tennis Court
  • Other Structures: Accessory Bldgs, Guest House/Casita, Outside Shower
  • Built-in BBQ: Gas
  • Fencing: Block
  • Foundation: Slab
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway
  • Total Garage Spaces: 5.00
  • Total Parking Spaces: 11.00

Utilities

  • Cooling Type: Zoned
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Community Features: Equestrian Center
  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Fees Include: Security
  • Association Amenities: Controlled Access, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 543.00
  • Total Monthly Association Fees: 543.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 682040010
  • Irrigation: Sprinkler Timer
  • Lot Acres: 1.0400
  • Lot Description: Fenced, Yard, Rectangular Lot
  • Lot Location: Private Road
  • Lot Size: 45302.00

Rental Info

  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Ep Rancho Mirage Llc
Bought by
Paulson Eric W and The Eric W Paulson 2012 Trust
Current Estimated Value
$4,936,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$670,432
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$4,239,249

Purchase Details

Closed on
Aug 28, 2018
Sold by
Paulson Eric W
Bought by
Ep Rancho Mirage Llc

Purchase Details

Listed on
Nov 21, 2016
Closed on
Apr 7, 2017
Sold by
Kent J Roger
Bought by
Paulson Eric W
Seller's Agent
Sean Stanfield
Desert Sotheby's International Realty
Buyer's Agent
Unknown Member
List Price
$3,950,000
Sold Price
$2,800,000
Premium/Discount to List
-$1,150,000
-29.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%

Purchase Details

Closed on
Nov 22, 2010
Sold by
Kent J Roger
Bought by
Kent J Roger
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
Paulson Eric W -- Fidelity National Ttl Of Or
Ep Rancho Mirage Llc -- Fidelity National Title
Paulson Eric W $2,304,000 Lawyers Title
Kent J Roger -- First American Title Company
Kent J Roger -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paulson Eric W $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $2,800,000 -6.5% $350 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
03/22/2017 03/22/17 Price Changed $2,995,000 -24.2% $374 / Sq Ft
11/21/2016 11/21/16 For Sale $3,950,000 -- $494 / 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 $39,080 $3,210,120 $778,267 $2,431,853
2023 $39,080 $2,824,685 $748,047 $2,076,638
2022 $34,402 $2,769,300 $733,380 $2,035,920
2021 $30,372 $2,443,000 $719,000 $1,724,000
2020 $30,098 $2,442,900 $719,100 $1,723,800
2019 $29,547 $2,397,081 $719,124 $1,677,957
2018 $28,982 $2,350,080 $705,024 $1,645,056
2017 $19,103 $1,538,022 $512,863 $1,025,159
2016 $18,637 $1,507,865 $502,807 $1,005,058
2015 $18,712 $1,485,217 $495,255 $989,962
2014 $18,399 $1,456,125 $485,554 $970,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216034492

California Desert Association of REALTORS®

APN: 682-040-010