71205 N Thunderbird Terrace, Rancho Mirage, CA 92270
71205 N Thunderbird Terrace, Rancho Mirage, CA 92270
Property Description
THUNDERBIRD TERRACE -- HOMES ON THE LAKE RARELY COME ON THE MARKET! From the moment you enter the grand foyer, breathtaking views of the sparkling pool, tranquil lake, and majestic mountains beyond immediately capture your attention. This exceptional 5,238 sq. ft. Mediterranean-inspired residence offers a rare combination of timeless architectural details, spacious interiors, and inviting indoor-outdoor living on an expansive 27,878 sq. ft. lot. The home welcomes you with a charming courtyard leisure area featuring a soothing water feature, graceful arched windows and doorways, soaring ceilings with deep coffered details, transom windows, wide hallways, and beautifully hand-textured walls that create an atmosphere of refined warmth and elegance. The luxurious primary retreat features a fireplace and spa-inspired ensuite with dual walk-in closets, a soaking tub, and decorative glass-enclosed shower. Three generously sized guest bedrooms each feature their own ensuite bath, providing exceptional comfort and privacy for family and guests. Abundant storage is found throughout the home, including extensive cabinetry in the three-car garage. Designed for both everyday living and entertaining, the gourmet kitchen features a center island, walk-in pantry, and sun-filled breakfast room or game area. The beautifully appointed dining room, framed by an elegant arched entry, provides an ideal setting for intimate dinners or large-scale entertaining. The spacious living areas and primary retreat open directly to the outdoor living spaces, creating an effortless connection between indoors and out. The expansive backyard patio offers multiple seating areas, a fire pit, and built-in BBQ station. Enjoy a refreshing swim in the sparkling pool, relax beneath mature shade trees, or simply take in the peaceful surroundings and spectacular mountain vistas. Additional highlights include OWNED SOLAR, three HVAC zones, abundant storage, and a three-car garage. A truly rare opportunity to own a remarkable lake-view residence in the coveted Thunderbird Terrace community, where homes on the lake seldom become available. Some images in this listing have been virtually staged.
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About Thunderbird Terrace
This property is located in Thunderbird Terrace, a community in Rancho Mirage. Explore more listings in this neighborhood to compare options and pricing.
View Thunderbird Terrace ListingsComparative Market Analysis
Luxury Tier · 5 active · 5 closed
Thunderbird Terrace · Rancho Mirage · Single Family Residence
Listed 24.5% below the median closed sale of $3,575,000. Price per sqft ($515) is a 34% discount to closed comps ($781). Closed comps sold at 92% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 71170 Thunderbird Terrace | Rancho Mirage | 1982 | 4 | 6 | 4,440 | 27,878 | $494 | $2.19M | 181 | 83 |
| 72116 Clancy Lane | Rancho Mirage | 2005 | 4 | 5 | 5,062 | 27,878 | $750 | $3.80M | 38 | 66 |
| 8 Makena Lane | Rancho Mirage | 2019 | 4 | 5 | 4,702 | 24,394 | $1,000 | $4.70M | 180 | 62 |
| 71272 San Gorgonio Rd Road | Rancho Mirage | 2026 | 5 | 5 | 4,480 | 30,492 | $1,283 | $5.75M | 2 | 61 |
| 1 Via Perugia | Rancho Mirage | 2026 | 4 | 5 | 5,004 | 18,731 | $999 | $5.00M | 257 | 60 |
| Total: 5 · Average | 4.2 | 5.2 | 4,737.6 | 25,874.6 | $905.2 | $4.29M | 131.6 | |||
| Median | 4,702 | $4.70M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 108 Waterford Circle | Rancho Mirage | 2000 | 05/21/2026 | 4 | 5 | 4,707 | 23,522 | $3.50M | $3.30M | $701 | 0.94 | 174 | 63 |
| 40590 Morningstar Road | Rancho Mirage | 1990 | 09/22/2026 | 3 | 5 | 5,113 | 33,977 | $3.69M | $3.58M | $699 | 0.97 | 45 | 63 |
| 3 Clancy Lane | Rancho Mirage | 1979 | 07/20/2026 | 4 | 6 | 4,918 | 31,363 | $5.65M | $5.05M | $1,027 | 0.89 | 51 | 62 |
| 114 Waterford Circle | Rancho Mirage | 2002 | 06/30/2026 | 4 | 5 | 4,783 | 22,651 | $2.36M | $2.05M | $429 | 0.87 | 74 | 62 |
| 16 Via Linea | Rancho Mirage | 2025 | 09/30/2026 | 4 | 5 | 5,000 | 18,295 | $5.54M | $5.24M | $1,047 | 0.94 | 193 | 60 |
| Total: 5 · Average | 3.8 | 5.2 | 4,904.2 | 25,961.6 | $3.84M | $3.84M | $780.6 | — | 107.4 | ||||
| Median | 4,918 | $3.58M | $3.58M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.