See Home Value
$2,498,000 - $3,052,000
House - Off Market

401 Iris Lane

Rancho Mirage, CA 92270
bedrooms
5 Beds
bathrooms
7 Baths
square feet
6217 Sqft

About This Property

Rancho Mirage is destination to presidents, royalty, and some of the finest private estates in the world. 401 Iris Lane is a hidden gem and a shining example of why Rancho Mirage has become a chosen destination for sanctuary and lifestyle. Just minutes from best in class Tamarisk Country Club, 401 Iris Lane is set back on one and a half private, gated acres of panoramic mountain views, wide open desert skies, and intimate privacy. This contemporary, custom estate is the perfect setting for the desert lifestyle you desire, secure in the knowledge that your property is adjacent to Sunnylands, the Annenberg Estate Foundation Trust; a property the city of Rancho Mirage has declared an historic site. The 1.5 acre Iris Lane estate consists of two parcels: a one acre central NW facing parcel for the 4,840 sq ft main residence plus a separate 1,377 sq ft guest house. A second undeveloped west facing half acre parcel is adjacent to the former Marx Estate. The total acreage results in a rare opportunity to own two excellent homes, an additional half acre of prime Rancho Mirage real estate, mountain views and sunny days. Looking for a passive income opportunity? Got a nice guesthouse. Minimum 28 day+ short term rentals allowed. Got pets? This one of a kind 65,340 sq ft property fully enclosed by graduated 6' brick security walls and a private motorized front gate make this the perfect place for your pets to freely roam the grounds within the safety of your own private 1.5 acre estate.

The manager has listed the unit size as 6217 square feet.
Unit Size
6,217Ft²
Days on Market
-
Land Size
-
Price per sqft
$446
Property Type
House
Property Taxes
-
HOA Dues
$200
Year Built
1980

Price History

Date / Event Date Event Price
Jun 2, 2024 No longer available -
No longer available
Nov 18, 2023 No longer available -
No longer available
Nov 11, 2023 Listed $2,775,000
Listed
Oct 28, 2023 No longer available -
No longer available
Aug 10, 2023 Listed $2,900,000
Listed
Enter the main gate onto a private road leading to the end of the cul-de-sac. A second gate opens to this compound. It has two residences on prime lots and was originally built in 1980. The home was last renovated in 2007. The home is on three parcels of property close to 1.5 acres with south-facing mountain views adjacent to land owned by the Annenberg Estate. The main house is 4,840 square feet with newly refreshed paint with majestic high ceilings, recessed lighting, ledger stone…
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 736
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 7,186
  • Gross Building Area: 7,186
  • Building Area: 5,430
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,430
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.5
  • Legal Description 1: .50 ACRES M/L IN POR LOTS B & 3 AND LOT 4 MB 092/080 TR 9819

Ownership

  • Current Owner : MCCLATCHY WILLIAM E
  • Current Owner 2: THE WILLIAM ELLERY MCCLATCHY TRUST B TR
  • Previous Owner : SCHROEDER RICHARD T
  • Previous Owner 2: SCHROEDER ROSE M
  • Owner Before Previous Owner: MARC PAUL INC

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044917

Zoning

  • Zoning: PUDA

Geography

  • Subdivision Tract Number: 9819
  • Parcel: 674-440-015
  • Block: 3
  • Lot: B
  • Municipality: RANCHO MIRAGE
  • Latitude: 33.7749
  • Longitude: -116.421

    Address

  • Full Address: 401 Iris Ln
  • Address - House Number: 401
  • Address - Street Name: Iris
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Rancho Mirage
  • Carrier Code: C027
  • 4-Digit Zip Code: 2625
  • Zip Code: 92270

Valuation

    Tax

  • Total Area: 5,430
  • Tax Year: 2023
  • Tax Amount: $14,956
  • Tax Rate Code Area: 017-017

    Appraisal Valuation

  • Standard Deviation: 0.0759
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 94
  • Final Value: 2,725,366
  • High Value: 2,932,411
  • Low Value: 2,518,322

    Market Valuation

  • Market Total Value: $1,739,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,116,617
  • Assessed Land Value: $496,273
  • Assessed Improvements Value: $620,344

    Sales

  • Current Sale Contract Date: Apr 27, 2007
  • Current Sale Recording Date: May 01, 2007
  • Current Sale Transaction ID: 1042785462
  • Current Sale Price: $1,900,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2007-0290913
  • Previous Sale Recording Date: Apr 15, 2004
  • Previous Sale Contract Date: Feb 21, 2004
  • Previous Sale Amount: $432,909
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 01, 2007
  • First Mortgage Loan Amount: $1,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: May 01, 2037

    Financing

  • First Mortgage Financing Type: unknown



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
6.5 Baths
6,000 ft²
$517/ft²
$3,100,000 Mar 25, 2023
-
$500/mo
House
4 Beds
4.5 Baths
5,074 ft²
$551/ft²
$2,795,000 Nov 24, 2023
-
$800/mo
House
4 Beds
4 Baths
3,979 ft²
$575/ft²
$2,288,000 Sep 19, 2023
-
-

About Tamarisk Country Club


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Nearby Rentals

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Frequently Asked Questions

When was property at 401 Iris Lane built and last sold?
The property at 401 Iris Lane was built in 1980 and last sold on Apr 27, 2007 for $1,900,000.
How much is this home worth?
The estimated value of the home located at 401 Iris Lane is $2,802,750.
What are some comparable homes to 401 Iris Lane?
Homes that are comparable to 401 Iris Lane include a house property at 6 Rocky Lane, 159 Waterford Circle, 70780 Tamarisk Lane.

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