Listing cover photo
1 / 1

71205 N Thunderbird Terrace, Rancho Mirage, CA 92270

$2.7M4bd · 5ba · 5,238 sqft
Lot 27,878 sqft•HOA $800/mo•Single Family Residence•
Active
•25d on market•MLS# 219153997

Property Description

THUNDERBIRD TERRACE -- HOMES ON THE LAKE RARELY COME ON THE MARKET! From the moment you enter the grand foyer, breathtaking views of the sparkling pool, tranquil lake, and majestic mountains beyond immediately capture your attention. This exceptional 5,238 sq. ft. Mediterranean-inspired residence offers a rare combination of timeless architectural details, spacious interiors, and inviting indoor-outdoor living on an expansive 27,878 sq. ft. lot. The home welcomes you with a charming courtyard leisure area featuring a soothing water feature, graceful arched windows and doorways, soaring ceilings with deep coffered details, transom windows, wide hallways, and beautifully hand-textured walls that create an atmosphere of refined warmth and elegance. The luxurious primary retreat features a fireplace and spa-inspired ensuite with dual walk-in closets, a soaking tub, and decorative glass-enclosed shower. Three generously sized guest bedrooms each feature their own ensuite bath, providing exceptional comfort and privacy for family and guests. Abundant storage is found throughout the home, including extensive cabinetry in the three-car garage. Designed for both everyday living and entertaining, the gourmet kitchen features a center island, walk-in pantry, and sun-filled breakfast room or game area. The beautifully appointed dining room, framed by an elegant arched entry, provides an ideal setting for intimate dinners or large-scale entertaining. The spacious living areas and primary retreat open directly to the outdoor living spaces, creating an effortless connection between indoors and out. The expansive backyard patio offers multiple seating areas, a fire pit, and built-in BBQ station. Enjoy a refreshing swim in the sparkling pool, relax beneath mature shade trees, or simply take in the peaceful surroundings and spectacular mountain vistas. Additional highlights include OWNED SOLAR, three HVAC zones, abundant storage, and a three-car garage. A truly rare opportunity to own a remarkable lake-view residence in the coveted Thunderbird Terrace community, where homes on the lake seldom become available. Some images in this listing have been virtually staged.

Features & Amenities

Thunderbird TerraceFeeBuilt 1991

Property Details

Subdivision
Thunderbird Terrace
Land Type
Fee
Year Built
1991
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
9
Garage Spaces
3
Heating
Central, Fireplace(s), Forced Air, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s), Central Air, Electric, Zoned
View
Lake, Mountain(s), Pool, Water
Flooring
Carpet, Tile
Roof
Tile
City
Rancho Mirage
Zip Code
92270
County
Riverside
Listed byColdwell Banker Realty, Denise Francis·760-861-9347

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$13,652.67
Principal & Interest
Loan Amount
$2,160,000
Total Interest
$2,754,961
Total Payment Over 30 Years
$4,914,961
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Thunderbird Terrace

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

View Thunderbird Terrace Listings

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

71205 N Thunderbird Terrace, Rancho Mirage, CA 92270

Thunderbird Terrace · Rancho Mirage · Single Family Residence

$2.7M
Luxury Tier
Beds
4
Baths
5
Sqft
5,238
Lot
27,878 sqft
Year
1991
$/Sqft
$515
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 3-car✓

Listed in line with the median closed sale of $2,640,000. Closed comps sold at 94% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $2.70M· $515/sqft
Total list price
Closed comps
vs closed median $2.64M
+$60K (+2.3%)
Active comps
vs active median $2.70M
$0 (0.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $708
−$193 (−27.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
10 Clancy LaneRancho Mirage1979454,13437,462$653$2.70M3168
155 Waterford CircleRancho Mirage2007456,20227,007$492$3.05M2068
40516 Tonopah RoadRancho Mirage1969353,99819,602$750$3.00M3154
34 Topaz CourtRancho Mirage2017343,52415,246$765$2.69M5754
71600 Estellita DriveRancho Mirage2026452,82011,326$878$2.48M353
Total: 5 · Average3.64.84,135.622,128.6$707.6$2.78M28.4
Median3,998$2.70M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
70629 Boothill RoadRancho Mirage199308/28/2026456,45227,443$3.50M$2.64M$4090.7611471
28 Evening Star DriveRancho Mirage198509/02/2026466,28830,056$2.75M$2.67M$4250.9711067
70461 Placerville RoadRancho Mirage199502/27/2026344,19020,038$2.29M$2.29M$5481.0011957
44 Fincher WayRancho Mirage198909/14/2026364,99913,504$2.95M$2.95M$5901.00057
70854 Fairway DriveRancho Mirage195306/12/2026333,76018,295$2.69M$2.59M$6880.967053
Total: 5 · Average3.44.85,137.821,867.2$2.63M$2.63M$532—82.6
Median4,999$2.64M$2.64M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

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.