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For sale
  • Listing Provided by: Compass
    Price cut: $249K (3/1)
    $2,750,000

    23 Stephen Ter, Rancho Mirage, CA 92270

    5beds
    5,822sqft
    : 
    Single Family Residence
    Built in 1998
    0.5 Acres Lot
    $2,641,700 Zestimate®
    $472/sqft
    $583/mo HOA

    What's special

    Private retreatResort like pool areaFully equipped outdoor kitchenPanoramic south mountain views
    23 stephen Terrace is an elegant estate that offers the perfect blend of luxury and privacy, set against the backdrop of breathtaking panoramic south mountain views. This residence is a testament to refined living, nestled on a generous 21,780 square foot lot. The resort like pool area is a private retreat, designed for both relaxation and entertaining. It includes a fully equipped outdoor kitchen and adjacent living room with fireplace, making this perfect place for alfresco dining and gatherings under the stars. The property also features an owned solar system located on its new roof, enhancing its energy efficiency and sustainability. The private poolside casita offers additional space for guests or a private office, enhancing the versatility of this remarkable property. Just reduced to $2,750,000
    145 days
    |
    1,119
    |
    47
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 12, 2026 at 08:36am

    Listing Provided by:

    Canavan Coit and Associates DRE #00956865 760-835-1006,

    Compass

    Source: CRMLS,MLS#: 219137464DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 1
      • 3/4 bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room, Guest Quarters, Living Room, Other, Retreat, Dining Room
      Kitchen
      • Features: Granite Counters
      Other
      • Features: Walk-In Closet(s)
      Heating
      • Central, Forced Air, Natural Gas
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Dishwasher, Electric Range, Disposal, Gas Water Heater, Hot Water Circulator, Microwave, Refrigerator, Range Hood
      • Laundry: Laundry Room
      Features
      • Breakfast Bar, Separate/Formal Dining Room, Recessed Lighting, Bar, Walk-In Closet(s)
      • Flooring: Tile
      • Doors: Double Door Entry
      • Windows: Blinds, Double Pane Windows, Skylight(s)
      • Has fireplace: Yes
      • Fireplace features: Living Room, Primary Bedroom, Outside
      Interior area
      • Total interior livable area: 5,822 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Direct Access, Driveway, Garage, Garage Door Opener
      • Attached garage spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Concrete, Covered
      • Has private pool: Yes
      • Pool features: Gunite, Electric Heat, In Ground, Private
      • Spa features: Gunite, Heated, In Ground
      • Fencing: Block,Stucco Wall
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 0.5 Acres
      • Features: Planned Unit Development, Sprinklers Timer, Sprinkler System
      Details
      • Additional structures: Guest House
      • Parcel number: 674380039
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Elastomeric,Other
      Condition
      • New construction: No
      • Year built: 1998

      Utilities & green energy

      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Gated
      • Security: Security Gate, Gated Community, 24 Hour Security
      • Subdivision: La Residence
      HOA
      • Has HOA: Yes
      • Amenities included: Controlled Access, Insurance, Security
      • HOA fee: $583 monthly
      Location
      • Region: Rancho Mirage

      Financial & listing details

      • Price per square foot: $472/sqft
      • Tax assessed value: $2,401,270
      • Annual tax amount: $29,626
      • Date on market: 10/23/2025
      • Listing terms: Cash,Cash to New Loan
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        Estimated market value

        $2,641,700

        $2.51M - $2.77M

        $7,233/mo

        Price history

        Price history
        DateEventPrice
        3/1/2026Price change$2,750,000-8.3%$472/sqft
        Source: Greater Palm Springs Realtors #219137464 Report a problem
        1/26/2026Price change$2,999,000-6.3%$515/sqft
        Source: CDAR/ Desert Area MLS #219137464 Report a problem
        1/7/2026Price change$3,199,000-5.8%$549/sqft
        Source: Greater Palm Springs Realtors #219137464 Report a problem
        10/23/2025Listed for sale$3,397,000+13.3%$583/sqft
        Source: Greater Palm Springs Realtors #219137464 Report a problem
        7/14/2025Listing removed$2,999,000$515/sqft
        Source: CDAR/ Desert Area MLS #219124157 Report a problem
        5/7/2025Contingent$2,999,000$515/sqft
        Source: Greater Palm Springs Realtors #219124157 Report a problem
        3/27/2025Price change$2,999,000-14.2%$515/sqft
        Source: CDAR/ Desert Area MLS #219124157 Report a problem
        3/12/2025Price change$3,495,000-10.4%$600/sqft
        Source: Greater Palm Springs Realtors #219124157 Report a problem
        2/4/2025Listed for sale$3,900,000+100%$670/sqft
        Source: Greater Palm Springs Realtors #219124157 Report a problem
        5/23/2013Sold$1,950,000-17%$335/sqft
        Source: Public Record Report a problem
        3/4/2004Sold$2,350,000+2454.3%$404/sqft
        Source: Public Record Report a problem
        3/27/1997Sold$92,000+22.7%$16/sqft
        Source: Public Record Report a problem
        7/30/1996Sold$75,000$13/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$29,626 -1.6%$2,401,270 +2%
        2024$30,101 -0.9%$2,354,187 +2%
        2023$30,378 +1.5%$2,308,027 +2%
        2022$29,919 +2.2%$2,262,773 +2%
        2021$29,282 -12.5%$2,218,406 +1%
        2020$33,479 +1.5%$2,195,660 +2%
        2019$32,995 +1.6%$2,152,609 +2%
        2018$32,480 +1.2%$2,110,402 +2%
        2017$32,083 $2,069,022 +2%
        2016$32,083 +30.3%$2,028,454 +1.5%
        2015$24,622 +0.8%$1,997,988 +2%
        2014$24,426 $1,958,852 +24.2%
        2013-- $1,577,000 -5.5%
        2012-- $1,669,000 -5.4%
        2011-- $1,764,000 -1.7%
        2010-- $1,795,000 -7.9%
        2009-- $1,950,000 -16.9%
        2008-- $2,346,000 -5.8%
        2007-- $2,489,572 +2%
        2006-- $2,440,758 +2%
        2005-- $2,392,900 +209.7%
        2003-- $772,703 +2%
        2002-- $757,553 +2%
        2001$8,327 +2.4%$742,700 +2%
        2000$8,128 $728,138

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $17,170/mo
        Principal & interest
        $13906
        Property taxes
        $2681
        HOA Fees
        $583
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          Climate risks

          Neighborhood: 92270

          Getting around

          4 / 100
          Car-Dependent
          23 / 100
          Somewhat Bikeable

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