$2,599,000
●
House -
Off Market
70796 Fairway Drive
Rancho Mirage, CA 92270
4 Beds
3 Baths,
1
Half Bath
3,865 Ft²
$13,264
Est. Monthly
$502
HOA / Fees
2.08%
Cap Rate
About This Property
Nestled on the 9th fairway of the legendary Thunderbird Country
Club in Rancho Mirage, this exceptional residence offers a rare
opportunity to own a piece of desert history. Surrounded by
breathtaking mountain and golf course views, this 4-bedroom, 4-bath
home blends soaring ceilings, classic stonework, and rich wood
accents create an atmosphere of refined luxury. The expansive
primary suite boasts dual baths and a grand wardrobe area, offering
resort-style living at its finest. A private pool and spa provide
the perfect setting for outdoor entertaining, all within the
unmatched privacy and gated security of this prestigious community.
Just steps from the iconic clubhouse-- graced by Presidents,
captains of industry, and Hollywood legends--this is truly a
once-in-a-lifetime opportunity to be part of Thunderbird's storied
legacy.
Unit Size
3,865 Ft²
Days on Market
54 days
Land Size
0.34 acres
Price per sqft
$672
Property Type
House
Property Taxes
-
HOA Dues
$502
Year Built
1989
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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 years ago (CRMLS #219130709DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Listed by Bennion Deville Homes | $2,599,000 | |
| Listed by Bennion Deville Homes | |||
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Judy Carneiro, Bennion Deville Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219130709DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219130709DA
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