75
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41511 Bob Hope Drive
About This Property
Welcome to Paradise At Clancy's End, An Extraordinary Private Estate in Rancho Mirage WITH NO HOA. Tucked behind the large gates of an exclusive 1.55-acre compound, Paradise At Clancy's End is a landmark legacy estate that masterfully blends Spanish architecture, resort-caliber amenities, and unparalleled privacy. Designed as both a luxurious retreat and an entertainer's dream, this unique property offers an exceptional lifestyle rarely found. With 5 bedrooms across multiple residences, the estate is designed for multi-generational living, executive retreats, and hosting guests in complete private comfort. The impressive main residence features soaring ceilings exceeding 30 feet, expansive living spaces filled with natural light, and an upper-level suite complete with a private bath and multiple balconies overlooking the estate's lush grounds and a private lake. The main residence is anchored by a chef-inspired primary kitchen complemented by a full-size butler's kitchen. A separate guest residence offers 2 master suites, 2 kitchens, 2 bathrooms, and 2 laundry facilities. Set on 1.55 acres of completely flat, 100% usable land, the estate offers an extraordinary sense of scale and functionality rarely available in Rancho Mirage. Run naked through the property- no one can see you! A grand circular driveway and impressive porte cochere create a dramatic arrival experience, while the property's fully owned solar system provides efficiency. Over 100 feet of motorized sliding glass walls seamlessly dissolve the boundaries between indoor and outdoor living. This is a spectacular resort-like environment centered around a stunning pool and spa, surrounded by mature landscaping, tranquil water features, and curated grounds. Created for grand-scale entertaining, the estate features expansive gathering spaces, multiple indoor and outdoor entertaining venues, and a state-of-the-art private theater. Beyond the residence itself, the grounds offer an exceptional collection of recreational amenities including competition-sized tennis courts, two pickleball courts, and a half basketball court, creating a private sports and wellness retreat rarely found in residential real estate. Every detail has been thoughtfully designed to inspire connection, relaxation, and unforgettable experiences. A true trophy property in the heart of Rancho Mirage, all with NO HOA.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2026 | Price Decreased |
$5,499,000
↓ $1K
(0%) | |
| Price Decreased | |||
| Sep 3, 2026 | Price Decreased |
$5,500,000
↓ $1M
(15.4%) | |
| Price Decreased | |||
| Jun 6, 2026 | Listed by SimpliHOM | $6,500,000 | |
| Listed by SimpliHOM | |||
| Feb 17, 2026 | Sold | ||
| Sold | |||
| Dec 23, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017