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$7,250,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 4,029 Sq. Ft.
  • 2 Car Garage
  • Updated 7 hours ago
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THE DREAMER ESTATE - A work of art to be collected and lived in. This internationally recognized work by AIA Award-winning architect Robert Stone, conceived not just as a home but as a significant piece of California architecture. This is an acquisition of cultural capital. THE ARCHITECTURE - An orchestration of light and form, the residence is designed around the sun's path. A signature silver roof floats above walls of glass, dissolving the boundary between interior sanctuary and desert landscape. Decorative breeze blocks create intricate shadow play - a hallmark of Stone's work - while the structure itself frames uninterrupted views of the San Jacinto Mountains. THE PROVENANCE - The estate's cultural pedigree is undisputed. Named one of Wallpaper* magazine's Top 25 Houses of 2025. Published in Robb Report, Mansion Global, and Palm Springs Life. Venue for the upcoming Palm Desert Food & Wine Festival Celebrity Chef Reception and featured in the March 2026 Palm Springs Life Fashion Edition. THE SETTING - Located on Kelley Lane in the heart of Rancho Mirage on private roads, the estate overlooks the former ranch of Frank Sinatra, now being transformed into an exclusive luxury enclave. The grounds feature a pristine half-olympic pool and curated outdoor spaces for reflection or grand-scale entertaining. THE RESIDENCE - Interior spaces are both dramatic and intimate. A serene primary suite provides a private retreat, complemented by guest accommodations including the whimsical Lil' Dreamer suite. Every element is intentional, contributing to the experience of living within a masterpiece. For the connoisseur of art, architecture, and culture. Call for your private appointment to view The Dreamer Estate.

Full Property Details for 38850 Kelley Ln

General

  • Price: $7,250,000
  • Status: Active
  • Type: Single Family
  • Source: Desert_Area_Palm_Springs
  • MLS ID: 219144081
  • Updated: 3/2/2026
  • Added to Site: 1 day(s) ago

Interior

  • Rooms/Areas: Casita - Guest House, Dining Area, Living Room
  • Interior Features: Built-In Features, Sunken Living Room, Recessed Lighting, Open Floorplan, Living Room Balcony, High Ceilings (9 Ft+)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room, Gas
  • Eating Areas: Formal Dining Room, Living/Dining Combo
  • Appliances: Dryer, Electric Range, Convection Oven, Self Cleaning Oven, Electric Oven, Exhaust Fan, Water Line to Refrigerator, Washer, Refrigerator, Ice Maker, Disposal, Freezer, Dishwasher
  • Furnishings: Unfurnished
  • Flooring: Stained Concrete
  • 220 Volt Locations: 220 Volts Throughout

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathroom Features: Bidet, Tile Shower, Shower & Tub, Powder Room, Low-Flow Toilet(s), Linen Closet, Double Vanity(s)

Bedrooms

  • Total Bedrooms: 5
  • Main Level Bedroom: Yes
  • Bedroom Features: Main Floor Bedroom, Walk-In Closet, Primary Suite, Primary Retreat

Other Rooms

  • Kitchen: Gourmet Kitchen, Quartz Counters, Second Kitchen, Island
  • Laundry: In Closet, Individual Room

Additional Information

  • Pool: Yes
  • Pool Description: Heated, Salt Water, Private, In Ground, Gunite, Heated, Salt Water, Private, In Ground, Gunite, Private
  • Spa: Yes
  • Spa Description: Gunite, Tile, Heated - Gas, Private
  • Security/Safety: Card/Code Access, Security System Owned

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Uncovered Spaces: 7
  • Total Spaces: 11
  • Parking: Covered, Driveway, Garage Door Opener
  • Garage Description: Detached

Location

  • Area: 321 - Rancho Mirage
  • County: Riverside
  • Subdivision: Not Applicable
  • Cross Streets: Mirage Cove Drive & Peterson Road
  • Direction Faces: Front Door Faces North, Leisure Faces East, Leisure Faces West, Leisure Faces South, Leisure Faces North

Heating & Cooling

  • Cooling Type: Air Conditioning, Zoned, Electric, Central Air
  • Heating Type: Central, Zoned, Forced Air, Fireplace(s)
  • Heating Fuel: Electricity
  • Water Heater: Gas

Utilities

  • Sewer: Septic Tank
  • Water: In Street
  • TV Service: Cable TV

Structural Information

  • Architectural Style: Contemporary, Other, Modern
  • Exterior Const.: Stucco
  • Foundation: Slab
  • Roof: Clay Tile
  • Sprinklers: Yes
  • Entry Location: Ground Level - No Steps
  • Stories/Levels: 1
  • Square Feet: 4,029
  • Sq. Ft. Source: Appraiser
  • Year Built: 2024
  • Year Built Source: Assessor
  • Other Struct. Feat.: Balcony, Premium Lot, Solar System Owned, Sauna Private, Service Entrance, Slab, Custom Built, Barbeque Private

Additional Structures

  • Other Structures: Guesthouse/Casita

Lot Features

  • Mountain views: Yes
  • Lot Size (Sq. Ft.): 166,835
  • Lot Size Source: Assessor
  • Irrigation System: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Description: Automatic Gate, Yard, Utilities Underground, Private, Single Lot, Level, Landscaped, Front Yard
  • Fencing (Description): Chain Link, Fenced, Stucco Wall

Financial Considerations

  • Price Per Sq. Ft.: $1,799
  • Terms: Cash, Cash to New Loan

Disclosures and Reports

  • APN: 689130008

Listed by KW Coachella Valley, Simon J Court

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Listing agent

— 38850 Kelley Ln —

  • Simon J Court

    KW Coachella Valley

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 38850 Kelley Ln

School District:Palm Springs Unified School District
NameGradesDistance
Rancho Mirage Elementary School
42-985 Indian Trail Rd., Rancho Mirage, CA 92270
K-52 mi
Nellie N. Coffman Middle School
34-603 Plumley Rd., Cathedral City, CA 92234
6-82.2 mi
Rancho Mirage High
31001 Rattler Road, Rancho Mirage, CA 92270
9-123.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 38850 Kelley Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/02/2026
Listed
$7,250,000
1242.59%
MLS
12/03/2018
Sold
$540,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 38850 Kelley Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,295
48%
$1,740,514
54%
2024
$14,419
24%
$1,129,844
29%
2023
$11,604
25%
$878,988
26%
2022
$9,273
25%
$695,636
25%
2021
$7,423
6%
$556,506
1%
2020
$7,033
865%
$550,800
1163%
2019
$729
2%
$43,615
2%
2018
$717
1%
$42,760
2%
2017
$707
1%
$41,922
1%
2016
$698
1%
$41,326
2%
2015
$688
-16%
$40,708
-19%
2014
$816
-1%
$50,338
—
2013
$825
—
$50,113
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by KW Coachella Valley, Simon J Court

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38850 Kelley Lane, Rancho Mirage, CA 92270 (MLS# 219144081) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 38850 Kelley Lane is currently listed for $7,250,000 and was received on March 02, 2026. Want to learn more about 38850 Kelley Lane? Do you have questions about finding other Single Family real estate for sale in Rancho Mirage? You can browse all Rancho Mirage real estate or contact a Coldwell Banker agent to request more information.

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