USACARancho MirageNot Applicable-138850 Kelley Ln
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38850 Kelley Ln, Rancho Mirage, CA

House

For Sale

Listed price in listed location currency (USD).
$7,250,000

5511

MLS® 219144081DA

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 4029 sqft
Garage Yes
Taxes 
Days Active 63
Lot Size 
Approx. Age 2024
Avg. Price Per Sqft $1,799
MLS® Number 219144081DA

Property Address: 38850 Kelley Ln, Rancho Mirage, CA, 92270-2945

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number219144081DA
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2024
Basement
DrivewayCovered, Driveway, Garage, Garage Door Opener
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Bedroom 1:Not available
Other:Not available
Kitchen:Not available
Bedroom 1:Not available
Other:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 2, 2026List Date
$7,250,000List Price

Home Appraisal

This property is estimated to sell between: $2,650,000 and $9,550,000.
Similar properties in this area sold on average for: $2,650,000
Expected to sell very soon! Similar properties sold in 39 days. This home has been on eXp Realty for 63 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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38850 Kelley Ln, Rancho Mirage, CA

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