Named one of Wallpaper* Magazine’s Top 25 Houses in the World, 2025. Published in Robb Report, Mansion Global, and Palm Springs Life. Venue for the Palm Desert Food & Wine Festival Celebrity Chef Reception. Featured in the March 2026 Palm Springs Life Fashion Edition.THE DREAMER ESTATE by AIA Award-winning architect Robert Stone is not a home that needs an introduction. It needs to be experienced.Stone’s residential work has been used as locations by Saint Laurent, Roberto Cavalli, and Beyonce. His architecture sits in the permanent collection of cultural relevance. This is his latest residential design on 3.83 acres in the heart of Rancho Mirage.THE ARCHITECTURE – Designed around the sun’s path. A signature silver roof floats above walls of glass, dissolving the line between interior and desert landscape. Decorative breeze blocks cast intricate shadow patterns throughout the day. Every window frames the San Jacinto Mountains.THE SETTING – Located on private roads on Kelley Lane, the estate overlooks the former ranch of Frank Sinatra, now approved for development into 16 private lots expected between $5.5M and $6.8M. Roads are being cobbled and gated. The Dreamer Estate sits on 3.83 acres, more than double the largest lot in that new development, and it is already built.THE RESIDENCE – Four bedrooms including a serene primary suite and the Lil’ Dreamer guest suite. Half-olympic pool. Curated outdoor spaces for intimate evenings or large-scale entertaining. Fully turnkey. Every element is intentional.This is architecture acquired the way you acquire art.
Property Details
Price:
$7,250,000
MLS #:
219144081DA
Status:
Active
Beds:
5
Baths:
5
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
321ranchomirage
Listed Date:
Mar 2, 2026
Finished Sq Ft:
4,029
Lot Size:
166,835 sqft / 3.83 acres (approx)
Year Built:
2024
See this Listing
Schools
Interior
Appliances
DW, FZ, GD, IM, RF, WLR, EO, ER, CO, GWH, HOD, SCO, VEF
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Cooling
CA, ELC, ZN
Flooring
CONC
Heating
ELC, FA, ZN, CF, FIR
Interior Features
BI, RECL, LRBA, OFP, SUNK, HCEL
Laundry Features
IR, ICL
Exterior
Architectural Style
CNT, MOD
Construction Materials
STC
Exterior Features
BQ
Fencing
CH, ST
Garage Spaces
2
Other Structures
GH
Parking Spots
11
Parking Total
11
Roof
CLY
Security Features
CRD
Spa Features
GN, HT, PVT
View
MT, PA, PL
Financial
Map
Community
- Address38850 Kelley LN Rancho Mirage CA
- SubdivisionNot Applicable-1
- CityRancho Mirage
- CountyRiverside
- Zip Code92270
Subdivisions in Rancho Mirage
- Big Sioux 32103
- Blue Skies
- Blue Skies 32105
- Casas de Seville
- Clancy Estates
- DaVall Estates 32121
- Del Webb RM
- Desert Braemar
- Desert Island
- Desert Island 32123
- Desert Ranch Estates 32124
- Escala
- La Residence
- La Terraza Monterey Estates
- La Terraza Vintage Estates
- La Terraza Vintage Estates 32136
- Lake Mirage Racquet Club 32138
- Lake Mirage Racquetball Club
- Magnesia Falls Cove
- Mira Vista
- Mira Vista 32145
- Mirada Estates
- Mirada Estates 32143
- Mirage Estates 32146
- Mission Hills Country Club
- Mission Hills Country Club 32148
- Mission Hills East
- Mission Hills East/Deane Homes 32149
- Mission Hills/Fairway1862
- Mission Hills/Lake Front
- Mission Hills/Lake Front 32150
- Mission Hills/Oakmont Estates 32153
- Mission Hills/Westgate 32155
- Mission Pointe
- Mission Ranch
- Mission Shores 32158
- Morningside Country
- Mountain View Villas 32161
- Palm Court
- Rancho Las Palmas C.
- Rancho Mirage C.C.
- Rancho Mirage C.C. 32169
- Rancho Mirage Racquet Club
- Rancho Mirage Rc
- Rancho Mirage Resort
- Rancho Mirage Resort 32172
- Revelle at Clancy Ln
- RM Mobile Home Es
- Santo Tomas
- Santo Tomas 32178
- Serrano
- St. Augustine
- Sterling Ridge
- Sunrise C.C.
- Sunrise C.C. 32185
- Sunrise Country Club
- Tamarisk C.C.
- Tamarisk C.C. 32186
- Tamarisk Heights
- Tamarisk Rancho 32189
- Tamarisk View Estate
- Tamarisk West
- The Estates At RM
- The Springs C.C.
- The Springs C.C. 32198
- Thunderbird C.C.
- Thunderbird C.C. 32199
- Thunderbird Heights
- Thunderbird Heights 32201
- Thunderbird Palms 32203
- Thunderbird Terrace
- Thunderbird Villas
- Victoria Falls
- Victoria Falls 32211
- Villaggio On Sinatra
- Vista Mirage 32215
- Waterford-420
- Wilshire Palms
Market Summary
Current real estate data for Single Family in Rancho Mirage as of May 22, 2026
482
Single Family Listed
123
Avg DOM
337
Avg $ / SqFt
$1,255,587
Avg List Price
Property Summary
- Located in the Not Applicable-1 subdivision, 38850 Kelley LN Rancho Mirage CA is a Single Family for sale in Rancho Mirage, CA, 92270. It is listed for $7,250,000 and features 5 beds, 5 baths, and has approximately 4,029 square feet of living space, and was originally constructed in 2024. The current price per square foot is $1,799. The average price per square foot for Single Family listings in Rancho Mirage is $337. The average listing price for Single Family in Rancho Mirage is $1,255,587.
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38850 Kelley LN
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