38850 Kelley LN
Rancho Mirage, CA, 92270
$7,250,000
5 Beds
5 Baths
4,029 SqFt
3.83 Acres
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MLS #219144081DA image #0
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
Contemporary, ModernPool321 – Rancho Mirage321ranchomiragePool

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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

Subdivisions in Rancho Mirage

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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