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For sale
    • Listed by: SERHANT. • Simon Court • 424-333-8606
    $7,250,000

    38850 Kelley Ln, Rancho Mirage, CA 92270

    5beds
    4,029sqft
    : 
    $48,804/mo
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    Single Family Residence
    Built in 2024
    3.83 Acres Lot
    $6,777,100 Zestimate®
    $1,799/sqft
    $-- HOA

    What's special

    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.
    12 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Simon Court DRE #02254734 424-333-8606,

    SERHANT.,

    Brooks Bailey DRE #01892672 909-557-6150,

    Serhant California, Inc

    Source: CRMLS,MLS#: 219151129DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom, Entry/Foyer, Family Room, Guest Quarters, Living Room, Primary Bedroom, Other, Retreat, Utility Room, Dining Room
      Primary bedroom
      • Features: Primary Suite
      Primary bedroom
      • Features: Main Level Primary
      Bedroom
      • Features: Bedroom on Main Level
      Bedroom
      • Features: All Bedrooms Down
      Bathroom
      • Features: Bidet, Tile Counters, Vanity
      Other
      • Features: Dressing Area
      Heating
      • Central, Forced Air, Heat Pump, Zoned
      Cooling
      • Central Air, Electric, Heat Pump, Zoned
      Appliances
      • Included: Range Hood
      • Laundry: Laundry Room
      Features
      • Breakfast Bar, Separate/Formal Dining Room, All Bedrooms Down, Bedroom on Main Level, Dressing Area, Main Level Primary, Primary Suite, Utility Room, Walk-In Closet(s)
      • Flooring: Concrete
      • Doors: Sliding Doors
      • Windows: Blinds, Double Pane Windows, Drapes, Garden Window(s), Tinted Windows
      • Has fireplace: Yes
      • Fireplace features: Gas, Living Room
      Interior area
      • Total interior livable area: 4,029 sqft

      Property

      Parking
      • Total spaces: 10
      • Parking features: Circular Driveway, Driveway, Garage, Garage Door Opener, Guest
      • Garage spaces: 2
      • Uncovered spaces: 6
      Features
      • Has private pool: Yes
      • Pool features: Gunite, Electric Heat, In Ground, Salt Water, Tile
      • Spa features: Gunite, Heated, In Ground, Private
      • Fencing: Chain Link,Privacy,Stucco Wall
      • Has view: Yes
      • View description: Desert, Mountain(s), Panoramic, Pool
      Lot
      • Size: 3.83 Acres
      • Features: Cul-De-Sac, Drip Irrigation/Bubblers, Landscaped, Level, Sprinklers Timer, Sprinkler System
      Details
      • Additional structures: Guest House
      • Parcel number: 689130008
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Modern
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Clay,Foam
      Condition
      • New construction: No
      • Year built: 2024

      Utilities & green energy

      • Electric: 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry
      • Sewer: Septic Tank
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Security: Closed Circuit Camera(s), Fire Sprinkler System, Security Gate, Key Card Entry, Security Lights
      • Subdivision: Not Applicable-1
      Location
      • Region: Rancho Mirage

      Financial & listing details

      • Price per square foot: $1,799/sqft
      • Tax assessed value: $1,775,323
      • Date on market: 8/6/2026
      • Listing terms: Cash,Cash to New Loan,Conventional
      • Exclusions: Staging, artwork

        Estimated market value

        $6,777,100

        $6.44M - $7.12M

        $7,802/mo

        Price history

        DateEventPrice
        8/6/2026Listed for sale$7,250,000$1,799/sqft
        Source: CDAR/ Desert Area MLS #219151129 Report a problem
        8/4/2026Listing removed$7,250,000$1,799/sqft
        Source: CDAR/ Desert Area MLS #219144081 Report a problem
        3/2/2026Listed for sale$7,250,000$1,799/sqft
        Source: Greater Palm Springs Realtors #219144081 Report a problem
        2/12/2026Listing removed$7,250,000$1,799/sqft
        Source: Greater Palm Springs Realtors #219138691 Report a problem
        11/19/2025Listed for sale$7,250,000-3.3%$1,799/sqft
        Source: Greater Palm Springs Realtors #219138691 Report a problem
        6/16/2025Listing removed$7,495,000$1,860/sqft
        Source: Greater Palm Springs Realtors #219123932 Report a problem
        2/1/2025Listed for sale$7,495,000+1288%$1,860/sqft
        Source: Greater Palm Springs Realtors #219123932 Report a problem
        1/7/2019Sold$540,000$134/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $1,775,323 +2%
        2025$21,295 +47.7%$1,740,514 +54%
        2024$14,419 +24.3%$1,129,844 +28.5%
        2023$11,604 +25.1%$878,988 +26.4%
        2022$9,273 +24.9%$695,636 +25%
        2021$7,423 +5.5%$556,506 +1%
        2020$7,033 +864.5%$550,800 +1162.9%
        2019$729 +1.7%$43,615 +2%
        2018$717 +1.4%$42,760 +2%
        2017$707 $41,922 +1.4%
        2016$707 +2.8%$41,326 +1.5%
        2015$688 -15.7%$40,708 -19.1%
        2014$816 $50,338 +0.4%
        2013-- $50,113 +2%
        2012-- $49,132 +2%
        2011-- $48,170 +0.7%
        2010-- $47,813 -0.3%
        2009-- $47,934 +2%
        2008-- $46,996 +2%
        2007-- $46,076 +2%
        2006-- $45,173 +2%
        2005-- $44,288 +3.9%
        2003-- $42,629 +2%
        2002-- $41,795 +2.5%
        2001$657 +3.3%$40,789 +2%
        2000$636 $39,990
        Find assessor info on the county website

        Monthly payment

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 92270

        Getting around

        17 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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