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40160 Paseo Corto, Rancho Mirage, CA 92270

$1.20M4bd · 4ba · 2,932 sqft
Lot 6,752 sqft•HOA $1422/mo•Single Family Residence•
Active
•5d on market•MLS# 219155084

Property Description

Enjoy one of Thunderbird Villas' premier hillside locations, this rarely available 4-bedroom, 4-bath residence captures sweeping mountain, valley, and city light views from an elevated setting high above the desert floor. Encompassing approximately 3,000 square feet, the home is one of the community's largest floor plans, a size and layout that seldom comes to market. Designed for comfortable living and effortless entertaining, the spacious floor plan features expansive living and dining areas, a generous primary suite, and a large attached casita ideal for guests, extended family, or a private office. A distinctive Sinatra-inspired bar adds a touch of classic desert glamour and creates a memorable gathering space rarely found in today's offerings. The home's large outdoor terrace provides a spectacular backdrop for entertaining, morning coffee, or evening cocktails while taking in the panoramic views and twinkling city lights below. Thunderbird Villas offers true lock-and-leave convenience with HOA-maintained landscaping, exterior maintenance, and access to 15 community pools. Members enjoy golf cart access to the legendary Thunderbird Country Club and are just minutes from world-class dining, shopping, hiking, and the boutiques of El Paseo. Combining expansive views, exceptional square footage, a large attached casita, and one of Thunderbird Villas' most sought-after hillside settings, this is a rare opportunity to own a significant residence within one of Rancho Mirage's most iconic communities.

Features & Amenities

Thunderbird VillasLeaseBuilt 1974

Property Details

Subdivision
Thunderbird Villas
Land Type
Lease
Year Built
1974
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Central, Fireplace(s), Forced Air, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s), Central Air, Gas
View
Mountain(s), Valley
Flooring
Carpet, Tile
Roof
Tile
City
Rancho Mirage
Zip Code
92270
County
Riverside
Listed byWindermere Real Estate, John J Weaver·415-816-4680

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,042.57
Principal & Interest
Loan Amount
$956,000
Total Interest
$1,219,325
Total Payment Over 30 Years
$2,175,325
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Thunderbird Villas

This property is located in Thunderbird Villas, a community in Rancho Mirage. Explore more listings in this neighborhood to compare options and pricing.

View Thunderbird Villas Listings

Comparative Market Analysis

Residential Tier · 0 active · 1 closed

40160 Paseo Corto, Rancho Mirage, CA 92270

Thunderbird Villas · Rancho Mirage · Single Family Residence · Lease Land

$1.20M
Residential Tier
Beds
4
Baths
4
Sqft
2,932
Lot
6,752 sqft
Year
1974
$/Sqft
$408
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 2-car✓

Listed 7.7% above the median closed sale of $1,110,000. Closed comps sold at 89% of list — buyers have negotiating leverage. Comparable homes are moving quickly (avg 22 days on market).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.20M· $408/sqft
Total list price
Closed comps
vs closed median $1.11M
+$85K (+7.7%)
Active compsinsufficient comp data
Price per sqft
Closed compsinsufficient comp data
Active compsinsufficient comp data

Closed Properties (1)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
40110 Paseo EntradaRancho Mirage200112/05/2024232,5357,405$1.25M$1.11M$4380.892269
Total: 1 · Average2.03.02,5357,405$1.11M$1.11M$438—22
Median2,535$1.11M$1.11M
AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.