Millman Team Real Estate

$7,250,000
5 Bed
5 Bath
4,029 Sqft
3.83 Acre Lot

38850 Kelley Lane, Rancho Mirage, California 92270

  • Residential Property Type
  • 4,029 Sqft Square Footage
  • Driveway Cars Garage
  • 2024 Year Built
Property 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.

Basic Details
Residential
For Sale
219144081DA
$7,250,000
Mountain(s), Panoramic, Pool
5
5
1
4,029 Sqft
2024
3.83 Acre
Active
4
Single Family Residence
: Clay
Features
: Gunite, Private, In Ground, Electric Heat, Salt Water
: Central, Electric, Zoned, Forced Air, Fireplace(s)
: Zoned, Central Air, Electric
: Stucco Wall, Chain Link
: Living Room, Gas
: Driveway, Garage, Garage Door Opener, Covered
: Modern, Contemporary
: Barbecue
: Concrete
: Bedroom on Main Level, Primary Suite, Walk-In Closet(s), Separate/Formal Dining Room, High Ceilings, Open Floorplan, Recessed Lighting, Balcony, Built-in Features, Sunken Living Room
: Laundry Room, Laundry Closet
1
: Septic Tank
: Cable Available
$0
Appliances
: Dishwasher, Disposal, Gas Water Heater, Refrigerator, Water To Refrigerator, Electric Range, Electric Oven, Range Hood, Vented Exhaust Fan, Freezer, Ice Maker, Convection Oven, Self Cleaning Oven
Address Map
CA
Riverside
Rancho Mirage
Not Applicable-1
92270
Kelley
38850
Lane
W117° 33' 48.3''
N33° 45' 58.4''
From Highway 111 / Bob Hope Drive, head north onto Peterson Road and you'll reach the Kelley Lane / Mirage Cove area. Cross Street: Mirage Cove Drive & Peterson Road.
321 - Rancho Mirage
Additional Information
$0
$0
$0
$0
$0
: Stucco
220 Volts
: Slab
2.0
: Front Yard, Sprinkler System, Yard, Cul-De-Sac, Landscaped, Level, Drip Irrigation/Bubblers, Sprinklers Timer
2026-03-02
1
Broker/Agent Information
KW Coachella Valley
Simon Court
Listing Information
Brooks Bailey
OCBAILBRO
OC22434
Serhant California, Inc
CDAR-d86224
CDAR-d24559
Cash,Cash to New Loan
Active
2026-06-18T23:16:49Z
CRMLS
: Standard
2026-03-01T22:00:00Z
Agent info
Ray Millman
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