NOT LISTED FOR SALE

72058 Clancy Ln Rancho Mirage, CA 92270

Estimated Value: $3,107,000 - $3,434,425

5 Beds
4.5 Baths
5,106 Sq Ft
$644/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $2,900,000 $568 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $20,441/month

232 Days on Market

Highlights

  • Detached Guest House
  • Community Stables
  • Stables
  • James Earl Carter Elementary School Rated A-
  • Barn
  • Horse Property

About This Home

As of November 2023

This private resort-like compound on over two and half verdant acres features five structures designed in modern Pueblo Revival-style and contains resonances of its equestrian past. A long gated drive lined with old growth carob trees transports one to the sprawling property, composed of a spacious main house, two guest houses, an ancillary building, and a three car garage as well as a long list of well-appointed amenities - an 80 foot pool, spa, tennis court, party pavilion, firepit, putting green, bocce ball court, horseshoes, hammock and basketball area. There is also a fruit orchard with guava, lemon, pear, pomelo, avocado, fig, and mango trees. The property was initially built as an equestrian ranch by one of the preeminent developer's of the Coachella Valley for his wife. The horse stables have since been transformed into a gym, office and guest house. The thoughtful renovation of the equine spaces retain their rustic atmosphere with vestiges including the sliding stable doors of the horse stalls. One stable, the tack room, and the polo field pasture remain for horse lovers. The capacious main house is accessed through a dramatic colonnade. Its social spaces, including a living room, den, media room, wet bar and dining area, flow into each other and outside onto shaded courtyards with decades-old cactuses. One such courtyard includes an outdoor dining room with a fireplace and barbeque. The home's sophisticated interiors include aspects of Pueblo Revival-style such as thick adobe-style walls and viga and latilla ceilings. Warm flagstone floors flow throughout the interior and exterior spaces, adding another natural texture to the home's thoughtful warm simplicity. The main home features two bedrooms. The primary bedroom with its kiva fireplace and built-in corner bench includes a spa-like bathroom with a walled cactus garden, custom stained glass in the shower room and large tub for soaking. The home's meandering plan and network of covered outdoor spaces offer numerous paths to explore this enchanting property with its other structures, pool, tennis court, and multiple surprises. Sold furnished per inventory.

Last Agent to Sell the Property

Jennifer Parker-Stanton

COMPASS License #01728184 Listed on: 03/27/2023

COMPASS

Co-Listed By

Jake Lazere

COMPASS License #02135438

Last Buyer's Agent

James Wilson

Deasy Penner Podley License #01401456

Deasy Penner Podley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,071

Year Built

  • Built in 1984

Lot Details

  • 2.53 Acre Lot
  • Fenced
  • Landscaped
  • Sprinkler System
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors

Home Design

  • Ranch Style House
  • Modern Architecture
  • Spanish Architecture

Interior Spaces

  • 5,106 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Bonus Room
  • Mountain Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Horse Property
  • Patio
  • Gazebo

Utilities

  • Ductless Heating Or Cooling System
  • Central Heating and Cooling System

Additional Features

  • Detached Guest House
  • Barn
  • Stables

Listing and Financial Details

  • Tax Lot 084?
  • Assessor Parcel Number 682110003

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Stables

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,071

Year Built

Built in 1984

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Furnished per inventory.
  • Property Attached: No
  • View: Yes
  • Architectural Style: Ranch, Spanish, Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 682110003
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5106.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: One
  • Price Per Square Foot: 587.54
  • Room Type: Bonus Room, Primary Suite, Family Room
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • Other Structures: Barn(s), Guest House Detached, Tennis Court Private, Guest House, Gazebo
  • Exterior Features: Stable
  • View: Mountain(s)
  • Fence: Yes
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Ductless
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Stable(s)

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Horse Property, Front Yard
  • Lot Size Sq Ft: 110207.00
  • Lot Size Acres: 2.5300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 110207.0000 Square Feet

Tax Info

  • Tax Lot: 084?

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Dec 11, 2023
Sold by
Billaud Robert and Billaud Ina Sharlyn
Bought by
Billaud Robert and Billaud Ina Sharlyn
Seller's Agent
Jennifer Parker-Stanton
COMPASS
Buyer's Agent
James Wilson
Deasy Penner Podley
List Price
$4,380,000
Sold Price
$2,900,000
Premium/Discount to List
-$1,480,000
-33.79%
Views
332
Current Estimated Value
$3,288,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,475
Avg. Annual Appreciation
6.95%

Purchase Details

Listed on
Mar 27, 2023
Closed on
Oct 27, 2023
Sold by
Milner Family Trust
Bought by
Jennifer Schlief Morgan 2012 Irrevocable Trus and Morgan
Seller's Agent
Jennifer Parker-Stanton
COMPASS
Buyer's Agent
James Wilson
Deasy Penner Podley
List Price
$4,380,000
Sold Price
$2,900,000
Premium/Discount to List
-$1,480,000
-33.79%
Views
332

Purchase Details

Closed on
Apr 13, 2023
Sold by
Milner Family Trust
Bought by
Milner Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,400,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2020
Closed on
Aug 24, 2020
Sold by
Sullivan John Francis and Sullivan Graetel Gerdts
Bought by
Milner Gavin D and Milner Anna Roth
Seller's Agent
David Kibbey
Desert Sotheby's International Realty
Buyer's Agent
Jennifer Parker-Stanton
Deasy Penner Podley
List Price
$1,849,000
Sold Price
$1,775,000
Premium/Discount to List
-$74,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%
Original Mortgage
$1,236,000
Interest Rate
2.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2015
Sold by
Sullivan John Francis and Sullivan Graetel Gerdts
Bought by
The John & Graetel Sullivan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 15, 2012
Sold by
Sullivan John Francis and Sullivan Graetel Gerdis
Bought by
Sullivan John Francis and Sullivan Graetel Gerdts

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Interest Rate
3.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 15, 2009
Sold by
Sullivan John F and Sullivan Graetel
Bought by
Sullivan John Frances and Sullivan Graetel Gerdts

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$847,290
Interest Rate
5.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 16, 1999
Sold by
Lowe Enterprises Inc
Bought by
The City Of Rancho Mirage

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
2.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 17, 1998
Sold by
Lowe Enterprises
Bought by
Sullivan John F and Sullivan Graetel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 1994
Sold by
Schwammle Dieter O
Bought by
Lowe Enterprises Inc

Purchase Details

Closed on
Mar 8, 1994
Sold by
Lowe Enterprises Inc
Bought by
Schwammle Dieter O
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
Billaud Robert -- None Listed On Document
Jennifer Schlief Morgan 2012 Irrevocable Trus $2,900,000 Lawyers Title
Milner Family Trust -- Chicago Title
Milner Gavin D $1,775,000 First American Title Company
The John & Graetel Sullivan Trust -- First American Title Company
Sullivan John Francis -- First American Title Company
Sullivan John Frances -- First American Title Company
The City Of Rancho Mirage -- Stewart Title Company
Sullivan John F $1,030,000 First American Title Co
Lowe Enterprises Inc -- First American Title Ins Co
Schwammle Dieter O $1,030,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Milner Family Trust $4,400,000
Previous Owner Milner Gavin D $1,236,000
Previous Owner The John & Graetel Sullivan Trust $1,030,000
Previous Owner Sullivan John Francis $1,030,000
Previous Owner Sullivan John Frances $847,290
Previous Owner Sullivan John F $500,000
Closed Sullivan John F $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $2,900,000 -3.3% $568 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $3,000,000 -7.7% $588 / Sq Ft
08/29/2023 08/29/23 Price Changed $3,250,000 -7.1% $637 / Sq Ft
08/04/2023 08/04/23 Price Changed $3,500,000 -5.4% $685 / Sq Ft
07/27/2023 07/27/23 Price Changed $3,700,000 -5.1% $725 / Sq Ft
07/18/2023 07/18/23 Price Changed $3,900,000 -6.0% $764 / Sq Ft
05/12/2023 05/12/23 Price Changed $4,150,000 -5.3% $813 / Sq Ft
03/26/2023 03/26/23 For Sale $4,380,000 +146.8% $858 / Sq Ft
10/05/2020 10/05/20 Sold $1,775,000 -4.0% $386 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $1,849,000 -- $402 / Sq Ft
Source: Pasadena-Foothills 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 $36,071 $2,957,999 $887,401 $2,070,598
2023 $36,071 $1,536,497 $64,933 $1,471,564
2022 $18,859 $1,506,370 $63,660 $1,442,710
2021 $22,123 $1,775,000 $75,000 $1,700,000
2020 $18,413 $1,478,563 $622,549 $856,014
2019 $18,063 $1,449,573 $610,343 $839,230
2018 $17,721 $1,421,151 $598,377 $822,774
2017 $17,680 $1,393,287 $586,645 $806,642
2016 $17,203 $1,365,969 $575,143 $790,826
2015 $17,191 $1,345,453 $566,504 $778,949
2014 -- $1,319,100 $555,408 $763,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-13002

Pasadena-Foothills Association of REALTORS®

APN: 682-110-003