401 Iris Ln, Rancho Mirage, CA 92270
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401 Iris Ln Rancho Mirage, CA 92270

$2,775,000
  • 5 Beds
  • 7 Baths
  • 6,217 Sq.Ft.
For Sale
$2,775,000 Get Pre-Qualified

Map preview of 401 Iris Ln, Rancho Mirage, CA 92270

Property Overview: 401 Iris Ln Rancho Mirage, CA has 5 bedrooms, 7 bathrooms, 6,217 living square feet and 65,340 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Rancho Mirage is destination to presidents, royalty, and some of the finest private estates in the world. 401 Iris Lane is a hidden gem and a shining example of why Rancho Mirage has become a chosen destination for sanctuary and lifestyle. Just minutes from best in class Tamarisk Country Club, 401 Iris Lane is set back on one and a half private, gated acres of panoramic mountain views, wide open desert skies, and intimate privacy. This contemporary, custom estate is the perfect setting for the desert lifestyle you desire, secure in the knowledge that your property is adjacent to Sunnylands, the Annenberg Estate Foundation Trust; a property the city of Rancho Mirage has declared an historic site. The 1.5 acre Iris Lane estate consists of two parcels: a one acre central NW facing parcel for the 4,840 sq ft main residence plus a separate 1,377 sq ft guest house. A second undeveloped west facing half acre parcel is adjacent to the former Marx Estate. The total acreage results in a rare opportunity to own two excellent homes, an additional half acre of prime Rancho Mirage real estate, mountain views and sunny days. Looking for a passive income opportunity? Got a nice guesthouse. Minimum 28 day+ short term rentals allowed. Got pets? This one of a kind 65,340 sq ft property fully enclosed by graduated 6' brick security walls and a private motorized front gate make this the perfect place for your pets to freely roam the grounds within the safety of your own private 1.5 acre estate.

Listed by Steven Jacobs | BRE #01889260 | HomeSmart
Last checked: 2 minutes ago | Last updated: May 15th, 2024 | Source CRMLS | DOM: 177
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Home details

Lot Sq. Ft
65,340
HOA Dues
$200/mo
Year built
1980
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
219103303DA
City
Rancho Mirage
County
Riverside
Time on Site
177 days

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Property Details for 401 Iris Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Zoned
Heating Information
  • Has Heating
  • Central, Zoned, Forced Air
Fireplace Information
  • Has Fireplace
  • Gas, Family Room, Guest House
Room Information
  • Flooring: Stone
  • Guest/Maid's Quarters
Kitchen Information
  • Has Appliances
Bathroom Information
  • # of Baths (Full): 7
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Partially Furnished
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Tile
  • Has Fence
  • Block, Brick
  • Other Structures: Guest House
  • No Spa
  • Spa Features: Heated, Private, In Ground
  • Has Sprinklers
Exterior Features
  • Has Patio
  • Has Pool
  • Pool Features: In Ground, Electric Heat, Private
  • Concrete
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Garage Door Opener
  • Has Attached Garage
Lot Information
  • Lot Features: Sprinkler System, Planned Unit Development
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Desert, Mountain(s)
  • Parcel Number: 674440015
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Property is not Attached
  • Offered With Property: All real property items permanently attached to the property.
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $200 (Monthly)
  • Association Amenities: Other
Assessment Information
  • No Assessments
Schools
School Information
  • High School District: Palm Springs Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Tamarisk C.C.
  • Directions: Frank Sinatra Drive and Thompson Lane. Thompson curves to the right and becomes La Paz, the second private street on the right is Iris Lane. Gated entrance. Text listing agent for gate code. Cross Street: La Paz.
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Sale History for 401 Iris Ln

Last sold for $1,900,000 on May 1st, 2007
  • November, 2023

  • Nov 24, 2023

    Date

    Active

    CRMLS: 219103303DA

    $2,775,000

    Price

  • October, 2023

  • Oct 27, 2023

    Date

    Canceled

    CRMLS: 23299529

    $2,900,000

    Price

  • Aug 10, 2023

    Date

    Active

    CRMLS: 23299529

    $2,900,000

    Price

  • Listing provided courtesy of CRMLS

    Enter the main gate onto a private road leading to the end of the cul-de-sac. A second gate opens to this compound. It has two residences on prime lots and was originally built in 1980. The home was last renovated in 2007. The home is on three parcels of property close to 1.5 acres with south-facing mountain views adjacent to land owned by the Annenberg Estate. The main house is 4,840 square feet with newly refreshed paint with majestic high ceilings, recessed lighting, ledger stone accented walls, and polished travertine flooring. The eat-in kitchen opens onto the patio. The combo living-family room is L-shaped and has a fireplace, both rooms facing the outdoor pool and the mountain views. The home has three bedrooms each with an en-suite private bath, two large guest baths, and a two-car garage with air conditioning. The second residence is a two-bedroom with two baths at 1,408 square feet with a kitchenette, washer-dryer, and a fireplace in the main living room, including views of the garden and mountains with a private patio. The primary home features a step-down pool off the family room and a private spa off the main secondary bedroom. The adjacent property is currently not developed, however, it remains as part of the estate.

  • August, 2023

  • Aug 8, 2023

    Date

    Canceled

    CRMLS: 22196649

    $2,900,000

    Price

  • Sep 5, 2022

    Date

    Active

    CRMLS: 22196649

    $3,500,000

    Price

  • Listing provided courtesy of CRMLS

    McClatchy Estate: Enter through the impressive gates onto a private road leading to this custom estate home nestled at the end of the private cul-de-sac across from the Tamarisk Country Club. This exceptional compound with two residences on prime lots was originally commissioned by Bernard Kaplan in 1980 and built by Big Sioux Development with interiors designed by Steve Chase. Subsequently, the home was sold to newspaper tycoon William McClatchy, newspaper baron of the second-largest U.S newspaper group in the country. The home was recently renovated and has gone through major changes since 1980. The home is situated on three parcels of property close to 1.5 acres of Rancho Mirage with south-facing mountain views adjacent to land owned by the Annenberg Estate. The main house is just over 4,005 square feet with newly refreshed interiors with majestic high ceilings throughout the home, recessed lighting, ledger stone accented walls, and polished travertine 18 x 18 tile flooring. The eat-in gourmet kitchen opens onto the patio for catering and is next to a formal dining room. The combo living-family room is L-shaped and has a fireplace, both facing the outdoor pool and the mountain views. The home has three large bedrooms each with an en-suite private bath; the primary bedroom has dual baths. The second residence is a two-bedroom with two baths 1,377 square foot casita with a kitchenette, washer-dryer, and a fireplace in the main living room, including views of the sculpture garden and mountains with a private patio. Total bedrooms between both homes five. The primary home features a step-down pool off the family room and a private spa off the main-secondary bedroom, all securely monitored with a newly installed security camera system. The adjacent property was a citrus orchard and is currently not developed, however, it remains part of the estate grounds to develop your multiple auto garage, second casita or tennis courts. New lawn and desert landscaping along with an irrigation system has been installed at all the major garden focal points. The seller has started the transition to facilitate the parcel merger required to open up the available lots to new construction. A new addition is the installation of the garage door, converting the garage area back into a garage with air-conditioning, and a full bath for outside use with direct access to the main home.

  • November, 2014

  • Nov 23, 2014

    Date

    Price Change

    CRMLS: 214005258DA

    $2,495,000

    Price

  • Listing provided courtesy of CRMLS

    Remarkable home in the Tamarisk Country Club area. This home was completely remodeled several years ago with top of the line improvements.This property encompasses the entire end of the cul d sac on gated Iris Lane and consists of three one half acre lots.The house and 1300 sq ft.two bedroom/two bath guest house total just under 5400 sq ft.The mountains views from the south facing home and pool areas are amazing.The additional lot has a small orchard of trees on it with many fruit bearing trees. The interiors are light and bright with electric shades throughout.The chefs kitchen is second to none with multiple refrigerators,including drawer style,center island with Wolf range tons of granite tops and cabinets. This property has many options please call today for this excellent opportunity.Price includes two adjacent legal lots, one is half acre the other is just under a half acre.

  • November, 2014

  • Nov 23, 2014

    Date

    Price Change

    CRMLS: 214002748DA

    $2,495,000

    Price

  • Listing provided courtesy of CRMLS

    Price Reduction for this Stoker Construction Remodel. Seller keen to sell on this Exceptional Compound of two residences on One Acre. This includes a main residence and a TWO BEDROOM GUEST HOUSE appx. 1300 sq ft. Custom Home-end of cul-de-sac, adjacent to Annenberg Estate Prop. 18 inch travertine floors thru-out. No expense was spared in developing this chef's new kitchen. New windows w/electric shades. VIEWS-Gated Private Street. Over 5,300 sq ft of quality. All new cable & network wiring for entire house including guest house. Great private suite with /spa/office/stove-pipe skylights/ dressing room/kitchenette. Ideal for large entertaining or intimate gatherings. Major Country Clubs nearby. Staff office/bath. Ideal for private compound/family residence.

  • May, 2007

  • May 1, 2007

    Date

    Sold (Public Records)

    Public Records

    $1,900,000

    Price

  • April, 2004

  • Apr 15, 2004

    Date

    Sold (Public Records)

    Public Records

    $432,909

    Price

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Tax History for 401 Iris Ln

Assessed Value (2020): $1,062,255
Year Land Value Improved Value Assessed Value
2020 $472,112 $590,143 $1,062,255

Home Value Compared to the Market

This property vs the competition

401 Iris Ln is listed 186.38% higher than the median list price for the city of Rancho Mirage which has a median list price of $969,000. The median price per/sqft for Rancho Mirage is $423 and this home is listed at $446.36 per/sqft which puts the price per square foot 5.52% higher than the median price per square foot for the city of Rancho Mirage.

About 401 Iris Ln

Detailed summary of property

401 Iris Ln is a single family home located in Rancho Mirage, CA 92270 and is currently for sale. This house offers 5 bedrooms, 7 bathrooms, roughly 6,217 living square feet, and sits on an approximately 65,340 square foot lot. 401 Iris Ln was first listed on ArdentRealEstateGroup.com on November 24, 2023. The homeowner is currently asking $2,775,000. The median priced home in Rancho Mirage is $969,000 with a median price per square foot of $423. Based on Ardent Real Estate Group's Rancho Mirage Market Data, this home is listed 186.38% higher than the median priced home. Local competing homes currently for sale include 3541 Pedley Ave, 1264 Amin cir and 1204 Arbenz Circle. This home does have a Homeowners Association and the monthly fee is $200 per month. While the average home in Rancho Mirage, CA is selling in 84 days, 401 Iris Ln has a days on market of 177 days. There are currently 380 homes for sale in the Rancho Mirage real estate market and 257 of them are single family homes while 123 of them are condos and 0 are townhomes. For more information on this home for sale at 401 Iris Ln Rancho Mirage, CA 92270 contact Ardent Real Estate Group and we will put you in touch with one of our Rancho Mirage agents.

Public Facts for 401 Iris Ln

Public county record property details
Beds
5
Baths
4
Year built
1980
Sq. Ft.
5,430
Lot Size
21,780
Stories
1
Type
Single Family Residential
Pool
Yes
Spa
No
County
Riverside
Lot#
B,3,4
APN
674-440-015

The source for these homes facts are from public records.

92270 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$975,000
Median List Price/Sq.Ft.
$423
Median Sold Price
$890,000
Median Sold Price/Sq.Ft.
$399
Total Inventory
375
Median Sale to List Price %
91%
Avg Days on Market
63
Loan Type
Conventional (18.89%), FHA (1.11%), VA (0%), Cash (48.89%), Other (16.67%)

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Related Resources to 401 Iris Ln

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.