38850 Kelly Ln

Rancho Mirage, CA 92270

$7,250,000
Price
5
Beds
4,029 Sq. Ft.
$1,799 / Sq. Ft.
4,029
Sq. Ft.
$1,799
per Sq. Ft.
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Virtual Tour
Virtual Tour
a view of a patio with couches chairs and potted plants
a view of an outdoor kitchen
a view of a lake with houses
a view of a porch with furniture and garden
a view of a house with a backyard porch and sitting area
a view of a entryway door
a view of a bathroom
a front view of a building
a view of a dining room with furniture
a view of a room with gym equipment
a bathroom with a shower
a living room with couch a flat screen tv and floor to ceiling window
a bedroom with furniture and a wooden floor
a green field with some trees in the background
a view of a room with kitchen island
a view of swimming pool from window
a bed sitting in a bedroom next to a large window
a view of a hallway
a view of a swimming pool with a patio
a bedroom with a bed and wooden floor
a bathroom with a sink
a bedroom with a bed and lamp with window
a view of a chairs and table on the terrace
a close view of stove top oven
a view of a lake with a building in the background
swimming pool view

Description

Named one of Wallpaper Magazine's Top 25 Houses in the World, 2025. Published in Robb Report, Mansion Global, and Palm Springs Life. Venue for the Palm Desert Food & Wine Festival Celebrity Chef Reception. Featured in the March 2026 Palm Springs Life Fashion Edition. THE DREAMER ESTATE by AIA Award-winning architect Robert Stone is not a home that needs an introduction. It needs to be experienced. Stone's residential work has been used as locations by Saint Laurent, Roberto Cavalli, and Beyonce....Named one of Wallpaper Magazine's Top 25 Houses in the World, 2025. Published in Robb Report, Mansion Global, and Palm Springs Life. Venue for the Palm Desert Food & Wine Festival Celebrity Chef Reception. Featured in the March 2026 Palm Springs Life Fashion Edition. THE DREAMER ESTATE by AIA Award-winning architect Robert Stone is not a home that needs an introduction. It needs to be experienced. Stone's residential work has been used as locations by Saint Laurent, Roberto Cavalli, and Beyonce. His architecture sits in the permanent collection of cultural relevance. This is his latest residential design on 3.83 acres in the heart of Rancho Mirage. THE ARCHITECTURE - Designed around the sun's path. A signature silver roof floats above walls of glass, dissolving the line between interior and desert landscape. Decorative breeze blocks cast intricate shadow patterns throughout the day. Every window frames the San Jacinto Mountains. THE SETTING - Located on private roads on Kelley Lane, the estate overlooks the former ranch of Frank Sinatra, now approved for development into 16 private lots expected between $5.5M and $6.8M. Roads are being cobbled and gated. The Dreamer Estate sits on 3.83 acres, more than double the largest lot in that new development, and it is already built. THE RESIDENCE - Four bedrooms including a serene primary suite and the Lil' Dreamer guest suite. Half-olympic pool. Curated outdoor spaces for intimate evenings or large-scale entertaining. Fully turnkey. Every element is intentional. This is architecture acquired the way you acquire art.
  1. Listed by Simon Court • DRE #02254734 • KW Coachella Valley

Property Details for 38850 Kelly Lane

Architectural Style
Contemporary, Modern, Other
Subdivision Name
Not Applicable-1
Carport Spaces
.00
Garage Spaces
2.00
View
Mountain(s), Pool, Panoramic
Furnished
Unfurnished
Cross Street
Mirage Cove Drive & Peterson Road
LISTING UPDATED: 05/04/2026 12:07 PM

Property Details for 38850 Kelly Lane

StatusActive
MLS #219144081
Days on Market76
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2024
Lot Size3.83 AC / 166,835 SF
CountyRiverside County
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Location

Listing Courtesy of KW Coachella Valley, Simon Court, DRE #02254734
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Building Information for 38850 Kelly Lane

Stories1Year Built2024Building Size-Lot Size3.83 AC / 166,835 SF

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$38,283 per month

30 year fixed, 6.46% Interest

Principal and Interest

$36,508

Property Taxes

$1,775

HOA Dues

$0

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Property Information for 38850 Kelly Lane

Summary
Location and General Information
  • Building Area Source: Appraiser
  • City: Rancho Mirage
  • Country: US
  • Directions: From Highway 111 / Bob Hope Drive, head north onto Peterson Road and you'll reach the Kelley Lane / Mirage Cove area. Cross Street: Mirage Cove Drive & Peterson Road.
  • Levels: Ground
  • Area: 321 - Rancho Mirage
  • Postal Code Plus4: 2945
  • Senior Community: No
  • Unparsed Address: 38850 Kelley Lane, Rancho Mirage, CA 92270
  • Walk Score: 0
Parking
  • Attached Garage: No
  • Parking Features: Covered, Driveway, Garage Door Opener, Total Covered Spaces, Total Uncovered/Assigned Spaces
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Legal Description: 3.83 ACRES M/L IN POR NW 1/4 OF SEC 2 T5S R5E FOR TOTAL DESCRIPTION SEE ASSESSORS MAPS
Virtual Tour
  • Videos Count: 1
Property
Lot Information
  • Lot Features: Premium Lot, Front Yard, Landscaped, Level, Private, Cul-De-Sac
  • Lot Size Area: 166,835.00
  • Lot Size Source: Assessor
  • Parcel Number: 689130008
  • Property Type: Residential, Single Family Residence
  • Property Sub Type: Single Family Residence
Property and Assessments
  • Documents Count: 0
  • Entry Location: Ground Level - No Steps
  • Exclusions: Staging, artwork
  • Year Built Source: Assessor
Utilities
  • Cooling: Electric, Central Air, Zoned
  • Cooling: Yes
  • Electric: 220 Volts
  • Sewer: Conventional Septic
  • Utilities: Cable Available
  • Water Source: In Street
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Exterior Features: Solar System Owned, Balcony
  • Fencing: Chain Link, Stucco Wall
  • Foundation Details: Slab
  • Other Structures: Guest House/Casita
  • Pool Features: Gunite, Heated, In Ground, Private, Salt Water
  • Pool Private: Yes
  • Pool: Yes
  • Roof: Clay
  • Security Features: Card/Code Access, Security System Owned
  • Spa Features: Private, Gunite, Tile
  • Spa: Yes
  • Stories Total: 1
Interior Features
  • Appliances: Gas Water Heater, Electric Oven, Convection Oven, Range Hood, Water Line to Refrigerator, Ice Maker, Self Cleaning Oven, Refrigerator, Freezer, Electric Range, Disposal, Dishwasher, Vented Exhaust Fan
  • Bathrooms Full: 4
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Total Bathrooms: 5
  • Fireplace Features: Gas, Living Room
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Concrete
  • Heating: Fireplace(s), Electric, Forced Air, Zoned, Central
  • Heating: Yes
  • Interior Features: Built-In Features, Main Floor Bedroom, Master Retreat, Master Suite, Walk In Closet, Bidet, Quartz Counters, Open Floorplan, Recessed Lighting
  • Laundry Features: In Closet, Individual Room
  • Living Area: 4,029.00
  • Other Equipment: Call Listing Agent
  • View: Yes
Multi Family
Multi-Family Information
  • Special Listing Conditions: Standard

Property History for 38850 Kelly Lane

DateEvent & SourcePriceAppreciation
Mar 2, 2026

Listed (Active)

GPSMLS #219144081

$7,250,000—
Mar 2, 2026

Listed (Active)

CRMLS #219144081DA

$7,250,000—
Feb 11, 2026

Withdrawn / Cancelled

GPSMLS #219138691

$7,250,000—
DateEvent & SourcePrice
03/02/2026

Listed (Active)

GPSMLS #219144081

$7,250,000
03/02/2026

Listed (Active)

CRMLS #219144081DA

$7,250,000
02/11/2026

Withdrawn / Cancelled

GPSMLS #219138691

$7,250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 38850 Kelly Lane

Taxable ValueLand$602,378Additions$1,138,136Total$1,740,514
Tax Record2025$21,295 ($1,775 / month)
Home Facts
Beds3Total Finished SqFt3,157 SqFtAbove Grade Finished SqFt3,157 SqFtStories1Lot Size166,834 SqFtStyleSingle Family ResidenceYear Built2024ZoningREACountyRIVERSIDEAPN689-130-008

Schools near 38850 Kelly Lane

This home is within Palm Springs Unified School District.
Rating
School
Type
Grades
Distance
Rancho Mirage Elementary School
Public - K to 5
Nellie N. Coffman Middle School
Public - 6 to 8
Rancho Mirage High
Public - 9 to 12
Mt. San Jacinto High School
Public - 9 to 12
Rating
School
Distance
Rancho Mirage Elementary School
PublicK to 5

Nellie N. Coffman Middle School
Public6 to 8

Rancho Mirage High
Public9 to 12

Mt. San Jacinto High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 38850 Kelly Lane, Rancho Mirage, CA 92270

38850 Kelly Lane is a single family home for sale in Rancho Mirage, CA 92270. This property was listed for sale on March 2, 2026 by KW Coachella Valley, it's currently listed at $7,250,000. It has been on the market for a total of 76 days and was last sold on December 3, 2018. This listing's school district is Palm Springs Unified School District. Nearby schools include Rancho Mirage Elementary School, Nellie N. Coffman Middle School and Rancho Mirage High. 38850 Kelly Lane is a 5-bed, 5-bath, 4,029 sqft single family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Coachella Valley, Simon Court, DRE #02254734

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.