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Sold for $1,200,000
  • Listed by: Keller Williams Realty • Team Michael Hilgenberg w/ Kel... • 760-770-1555
    Bought with: Redfin Corporation
    $1,200,000

    42665 E Veldt St, Rancho Mirage, CA 92270

    2beds
    1,400sqft
    Single Family Residence
    Built in 1955
    9,583 Square Feet Lot
    $1,199,900 Zestimate®
    $857/sqft
    $4,605 Estimated rent

    Home value

    $1,199,900

    $1.10M - $1.31M

    $4,605/mo

    Zestimate® history
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    What's special

    Saltwater poolSunken conversation pitDesigner finishesBeautifully landscaped private retreatPrivate primary retreatAbundant natural lightLush desert landscaping
    Completely reimagined mid-century in coveted Magnesia Falls Cove, creatively updated with incredible attention to original architectural design, function, and modern desert living. Designed as a private oasis surrounded by palms and desert flora, this beautifully landscaped private retreat offers effortless indoor-outdoor living, abundant natural light, and an open floor plan ideal for entertaining.Designer finishes include stainless steel accents, travertine details, illuminated baseboards, luxury contemporary fixtures, and dramatic granite and marble countertops with waterfall ends and rough-hewn edges. The same refined material palette continues into the fabulous outdoor kitchen and BBQ area, creating a seamless connection between interior style and exterior entertaining.The private primary retreat includes a fully enclosed spa, dressing area, walk-in closet & bath. There is a guest bedroom and add'l bath. Outdoors, enjoy a saltwater pool, firepit, sunken conversation pit, lush desert landscaping, and the aura of hushed quiet.Energy efficiency and comfort are major highlights, with owned solar consisting of 36 panels, a 12kw system, 13kwbattery backup, and year-to-date production of approximately 52,000 kw. Multiple split HVAC systems serve the guest room, primary suite, and garage for customized climate control.Adding fun character and flexibility, a 1960s Airstream that was airlifted into the backyard awaiting restoration to serve as a 42-foot casita/ADU, offering a truly unique extension of the property's mid-century lifestyle and design. The architecturally significant garage includes a loft perfect for one's ''Man Cave'' or ''Lady's Loft''. This property is fun, fantastic and truly ''one-of-a-kind''!

    Zillow last checked:

    Listing updated:

    Listed by:

    Team Michael Hilgenberg w/ Kel... DRE #00938044 760-770-1555,

    Keller Williams Realty

    Bought with:

    Teresa Snyder, DRE #02017637

    Redfin Corporation

    Source: CRMLS,MLS#: 219148623DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Living Room
    Kitchen
    • Features: Granite Counters
    Heating
    • Forced Air
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher, Freezer, Water To Refrigerator
    • Laundry: Laundry Closet
    Features
    • Beamed Ceilings
    • Flooring: Stone
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,400 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: In Ground, Private
    • Spa features: In Ground, Private
    • Has view: Yes
    • View description: Peek-A-Boo
    Lot
    • Size: 9,583 Square Feet
    • Features: Sprinkler System
    Details
    • Parcel number: 684343020
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1955

    Community & HOA

    Community
    • Subdivision: Magnesia Falls Cove
    Location
    • Region: Rancho Mirage

    Financial & listing details

    • Price per square foot: $857/sqft
    • Tax assessed value: $225,965
    • Date on market: 6/1/2026
    • Listing terms: Cash,Cash to New Loan
    • Inclusions: appliances to include refrigerator, ovens, microwave, 2 wine fridges. solar and battery back-up
    • Exclusions: artwork. if buyer does not desire aircraft art in bedrooms and hallway seller would be most welcome to remove.

    Price history

    DateEventPrice
    9/25/2026Sold$1,200,000$857/sqft
    Source: CRMLS #219148623DA Report a problem
    9/25/2026Pending sale$1,200,000$857/sqft
    Source: Greater Palm Springs Realtors #219148623 Report a problem
    8/3/2026Contingent$1,200,000$857/sqft
    Source: Greater Palm Springs Realtors #219148623 Report a problem
    6/1/2026Listed for sale$1,200,000+627.3%$857/sqft
    Source: CDAR/ Desert Area MLS #219148623 Report a problem
    5/4/2012Sold$165,000$118/sqft
    Source: CDAR/ Desert Area MLS #21444234 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $225,965 +2%
    2025$3,162 -11.9%$221,536 +2%
    2024$3,590 -0.2%$217,193 +2%
    2023$3,596 +1.4%$212,935 +2%
    2022$3,547 +2.8%$208,761 +2%
    2021$3,451 +4.2%$204,668 +1%
    2020$3,310 +1.4%$202,571 +2%
    2019$3,265 +1.3%$198,600 +2%
    2018$3,222 +1.2%$194,707 +2%
    2017$3,184 $190,890 +2%
    2016$3,184 +5.9%$187,148 +1.5%
    2015$3,007 +5.3%$184,339 +9%
    2014$2,857 $169,063 +0.5%
    2013-- $168,300 +81.8%
    2012-- $92,564 +2%
    2011-- $90,750 +0.8%
    2010-- $90,073 -0.2%
    2009-- $90,289 +2%
    2008-- $88,520 +2%
    2007-- $86,785 +2%
    2006-- $85,084 +2%
    2005-- $83,416 +3.9%
    2003-- $80,284 +2%
    2002-- $78,711 +2%
    2001$1,582 -0.3%$77,169 +2%
    2000$1,586 $75,657
    Find assessor info on the county website

    Neighborhood: 92270

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,199,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,199,900