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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 11 hours ago
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WALLPAPER MAGAZINE TOP 25 HOUSES OF 2025 GLOBALLY. PALM SPRINGS LIFE MARCH 2026 COVER HOME. Welcome to the Dreamer Estate at 38850 Kelley Lane, the most articulate residential work yet by acclaimed architect Robert Stone. Stone has spent three decades redefining what shelter means in the desert. His earlier works, Acido Dorado and Rosa Muerta, won the 2013 AIA TOP HONOR AWARD, have been DISPLAYED IN THE SMITHSONIAN, and attracted Saint Laurent, Vogue Italia, and Beyonce for editorial shoots. His name is now mentioned alongside the modernist masters who defined California architecture. The Dreamer Estate is his first fully realized residence and has already hosted the Palm Desert Food and Wine Festival Celebrity Chef Reception. Set on 3.83 ACRES, more than double the largest lot in the emerging private enclave across the street, this compound offers 4,029 square feet of living space with 5 BEDROOMS AND 4.5 BATHROOMS across two structures. THE MAIN RESIDENCE is a grounded piece of sculpture Stone calls California Chicano Futurism. The roof features four shades of metallic glaze on traditional pottery tile, creating a shimmering surface that sits on the dirt like a dropped lowrider. Inside, MIRRORED CEILINGS in the great room pull the San Jacinto Mountains into the living space and dissolve the boundary between interior and landscape. The kitchen is a bespoke art installation featuring SILVER CROCODILE EMBOSSED LEATHER CABINETRY. The primary suite is defined by a single bold gesture, a wall of Kelly green tile. A breeze block wall filters light and desert views into an ever-changing pattern throughout the day. THE GUEST RESIDENCE, known as Lil Dreamer, is not a guest house but a self-contained residence with its own entrance, kitchen, and living space, perfect for an artist retreat, recording studio, or private quarters. THE GROUNDS feature a half Olympic-length pool that serves as the reflective spine of the estate. A valet setup and service entrance allow seamless hosting of UP TO 200 GUESTS. The home follows the path of the sun, warmer in winter and cooler in summer by design. To acquire a work by Robert Stone is to recognize a pattern before the market does. The opportunity is now.

Full Property Details for 38850 Kelley Ln

General

  • Price: $7,250,000
  • Status: Active
  • Type: Single Family
  • Source: Desert_Area_Palm_Springs
  • MLS ID: 219151129
  • Updated: 8/6/2026
  • Added to Site: 1 day(s) ago

Interior

  • Rooms/Areas: Dining Room, Dining Area, Service Entrance, Utility, Living Room, Casita - Guest House, Formal Entry, Family Room
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room, Gas
  • Eating Areas: Dining Area, Kitchen Island, Formal Dining Room, Dining Ell
  • Furnishings: Unfurnished
  • Flooring: Concrete
  • Windows/Treatment: Custom Window Covering, Blinds, Tinted Windows, Garden Window(s), Double Pane Windows, Drapes
  • 220 Volt Locations: In Garage, In Laundry, In Kitchen

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathroom Features: Bidet, Marble Counters, Tile Shower, Under Vanity Lighting, Powder Room, Double Vanity(s)

Bedrooms

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

Other Rooms

  • Kitchen: Gourmet Kitchen, Second Kitchen
  • Laundry: Individual Room

Additional Information

  • Pool: Yes
  • Pool Description: Heated, Salt Water, Tile, In Ground, Gunite, Lap, Heated, Salt Water, Tile, In Ground, Gunite, Lap, Private
  • Spa: Yes
  • Spa Description: Gunite, Tile, In Ground, Heated, Private
  • Security/Safety: Automatic Gate, Security System Owned, Fire Sprinkler System, Exterior Security Lights, Card/Code Access, Closed Circuit Camera(s)

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Uncovered Spaces: 6
  • Total Spaces: 10
  • Parking: Guest, Driveway, Garage Door Opener, Circular Driveway
  • 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 West

Heating & Cooling

  • Cooling Type: Air Conditioning, Zoned, Heat Pump, Electric, Central Air
  • Heating Type: Central, Zoned, Heat Pump, Forced Air

Utilities

  • Sewer: Septic Tank
  • Water District: CVWD
  • Water: Water District
  • TV Service: Cable TV

Structural Information

  • Architectural Style: A-Frame, Modern, Mid Century
  • Exterior Const.: Stucco
  • Foundation: Slab
  • Roof: Clay Tile, Foam
  • Doors: Sliding Doors
  • Sprinklers: Yes
  • Stories/Levels: 1
  • Square Feet: 4,029
  • Sq. Ft. Source: Appraiser
  • Year Built: 2024
  • Year Built Source: Appraiser
  • Other Struct. Feat.: Custom Built, Premium Lot, Solar System Owned, Slab

Additional Structures

  • Other Structures: Guesthouse/Casita

Lot Features

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

Financial Considerations

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

Disclosures and Reports

  • APN: 689130008

Listed by Serhant., Simon J Court and Serhant California, Inc, Brooks Bailey

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Listing agents

— 38850 Kelley Ln —

  • Simon J Court

    Serhant.

  • Brooks Bailey

    Serhant California, Inc

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 ATTOM Data Solutions 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
8/05/2026
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
—
$1,775,323
2%
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 Serhant., Simon J Court and Serhant California, Inc, Brooks Bailey

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38850 Kelley Lane, Rancho Mirage, CA 92270 (MLS# 219151129) 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 August 05, 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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