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$971,500

Beds
2
Baths
2.5
sq ft
1,295

40851 Bob Hope Dr, Rancho Mirage, CA 92270

40851 Bob Hope Dr

Rancho Mirage, CA 92270

  • 43 days on market
    • Price drop $97,500↓
Stunning update of a true Mid Century classic built in 1956. This home is one of 39 homes designed by architect Richard R. Leitch. The design was given a planning award by the AIA in 1957. The homes all circle the common space with a community pool. This property is at the entrance to the community, with a fabulous curved driveway with two entrance/exit points. There is all new terrazzo tile flooring throughout the home, very MCM in flavor. The kitchen, dining, and living space has been reimagined and is now all one large great room. A large kitchen island with a double waterfall countertop nicely separates the space. The primary bedroom is ensuite with a large closet and stunning bath, with an accordion style sliding door to the backyard. There is 1 guest room with an ensuite bath. There is also a bonus room that could be used for many ideas; office, playroom, games room etc. In addition to the stunning interior space the following has also been completely redone: electric, plumbing, drywall, garage including the roof, fencing, front landscape, irrigation system, driveway, all windows, doors, kitchen and bath fixtures and custom cabinetry throughout. The backyard awaits your final touches; room for a pool/spa, outdoor kitchen, and/or outdoor living space. This is a gem- waiting for you!

Details

Property type

Single Family Residence

Est. home value

$598,955

Lot size

7,841 sq ft

Price per sq ft

$751

Year built

1956

Monthly HOA fee

$93.33

Price History

03/23/2025
CLAW

CLAW #25500223PS

Price change
$971,500
-9.12%
02/19/2025
CLAW

CLAW #25500223PS

Listed
$1,069,000
+119.06%
07/18/2022
CRMLS

CRMLS #TR22102715

Sold
$488,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Spd Mortgage Inc

Loan start date

February 2023

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

6.42%

Loan type

Commercial

Seller

Joe Tseng

Lender

New Wave Lending Group Inc

Loan start date

June 2022

Original loan amount

$251,000

Est. remaining balance

$240,838

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

Joe Tseng

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/03/2025 at 5:35 PM

Listing updated: 04/02/2025 at 6:51 PM

Listed by: Jeni Campa, BD Homes-The Paul Kaplan Group Phone #: (760) 459-0057

MLS: CLAW #25500223PS

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