73
Map
$2,670,000
●
House -
Off Market
28 Evening Star Drive
Rancho Mirage, CA 92270
4 Beds
4 Baths,
2
Half Baths
6,288 Ft²
$14,595
Est. Monthly
$1,092
HOA / Fees
About This Property
Welcome to this exceptional Thunderbird Cove residence, positioned
high in the Cove in one of Rancho Mirage's most desirable settings.
Originally designed by Steve Chase, the home was conceptualized for
comfort, entertaining, and desert living. The home offers 4
bedrooms, each with its own en suite bathroom, along with a
library/den, a spacious formal living room, formal dining room, and
an additional living area complete with a sunken bar. The bright,
open kitchen features a Wolf stove, cooling drawers, a built-in
refrigerator, generous storage, and an inviting layout ideal for
both everyday living and hosting guests. Outdoors, a sparkling pool
and spa frame beautiful views of the valley below, creating a
private desert retreat. Additional highlights include a three-car
garage and a large laundry room. Conveniently located off Highway
111, this home offers easy access to El Paseo in Palm Desert,
world-class dining and shopping, and is just a short drive to Palm
Springs. A rare opportunity to enjoy elevated desert living in
Thunderbird Cove.
Unit Size
6,288 Ft²
Days on Market
110 days
Land Size
0.69 acres
Price per sqft
$437
Property Type
House
Property Taxes
-
HOA Dues
$1,092
Year Built
1985
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (CRMLS #219147946DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2026 | Sold | ||
| Sold | |||
| Jul 15, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Price Decreased |
$2,750,000
↓ $150K
(5.2%) | |
| Price Decreased | |||
| Jun 5, 2026 | Price Decreased |
$2,900,000
↓ $50K
(1.7%) | |
| Price Decreased | |||
| Apr 19, 2026 | Listed by Equity Union | $2,950,000 | |
| Listed by Equity Union | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Thunderbird
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Listed by: Mark Wasserman, Equity Union
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 219147946DA
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 219147946DA
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