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38850 Kelley Lane, Rancho Mirage, CA 92270

$7,250,000 Approx. USD 5 beds, 5 baths
4,029 sqft

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Photo of Cindy Waasdorp

Marketed By Cindy Waasdorp REALTOR® - Sales Associate 619-987-1656 m
Lic#: 00909905
NRDS ID: 182003145
cwaasdorp@aol.com Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932

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Listing Agent

Simon Court | simon@homebysimon.co
Lic#: 02254734
Broker: Courtesy of KW Coachella Valley
Phone: (424) 333-8606

Co Listing Agent

Brooks Bailey | brooksbaileyhomes@gmail.com
Lic#: 01892672
Broker: Courtesy of Serhant California, Inc
Phone: (909) 557-6150

Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)

Status: Active

MLS# 219144081DA

Price: $7,250,000

Beds: 5

Baths: 5 (4 full) (1 half)

Gas,Living Room fireplaces

Built in 2024

4,029 sqft

3.83 acres

Lot size: 3.8300

Subdivision: Not Applicable-1

County: Riverside

Property style: Contemporary,Modern

Construction: Stucco

Interior features: Built-in Features,Balcony,Separate/Formal Dining Room,High Ceilings,Open Floorplan,Recessed Lighting,Sunken Living Room,Bedroom on Main Level,Primary Suite,Walk-In Closet(s)

Exterior features: Barbecue

Appliances: Convection Oven,Dishwasher,Electric Oven,Electric Range,Freezer,Disposal,Gas Water Heater,Ice Maker,Refrigerator,Range Hood,Self Cleaning Oven,Vented Exhaust Fan,Water To Refrigerator

Parking description: Covered,Driveway,Garage,Garage Door Opener

Lot description: Cul-De-Sac,Drip Irrigation/Bubblers,Front Yard,Landscaped,Level,Sprinklers Timer,Sprinkler System,Yard

Heating/cooling: Central Air,Electric,Zoned

Heating description: Central,Electric,Forced Air,Fireplace(s),Zoned

MLS area: 321 - Rancho Mirage

Last Updated: 6/19/2026

Days On Market (DOM): 110

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This listing belongs to the 321 - Rancho Mirage MLS area

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The style of this listing is Contemporary,Modern.
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Lat/Long: 33.766235, -116.436581.
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Previous Listing

Photo of Cindy Waasdorp

Cindy Waasdorp REALTOR® - Sales Associate 619-987-1656 m
Lic#: 00909905
NRDS ID: 182003145
cwaasdorp@aol.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128