5 Terrace Place

Off Market

5 Terrace Place

Rancho Mirage CA 92270

2793 sq. ft.

20037 sq. ft.

Single-Family

Last sold for $1,525,000

Cary Gerken, last sold this property on 22 September 2025 after 104 days on market.

Overview

Thunderbird Heights! Possibly one of the best values in prestigious Thunderbird Heights! This beautifully maintained home is set on a private cul-de-sac with breathtaking mountain views. Featuring a spacious layout with vaulted ceilings, new Monumental windows and sliding doors, new blinds, new roof, new pool, hardwood floors, and oversized rooms throughout, this 3-bedroom, 3- bathroom home offers comfort and style. Enjoy seamless indoor-outdoor living with a large backyard, complete with a private pool and spa. The property also includes a two car garage plus a separate golf cart garage for added convenience

Features

3 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

2793 sq. ft. floor area

20037 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Rancho Mirage over the last 12 months, the estimated median property value of 5 Terrace Place is $1.03m.

Median value

$1.03m

Estimated value range

$1.05k - $3.42m

Median days on market

Estimated value trend

-4%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Rancho Mirage. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Terrace Place

2025

Sold

$1,525,000

22 Sep 2025 by Cary Gerken, of Thunderbird Only

2015

Sold

$950,000

26 Jun 2015 by Cary Gerken, of Thunderbird Only

2014

Sold

$915,000

11 Apr 2014 by Richard Bartholomew, of HOM Sotheby's International Realty

Happy sellers in Rancho Mirage

82%

82% of sellers in Rancho Mirage reported that their sale price either exceeded or met their price expectations.

Rancho Mirage stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 23 reviews in Rancho Mirage over the last 12 months.

Local market activity for 3 bedroom single-family properties in Rancho Mirage

In the last 12 months, 238 three-bedroom single-family properties similar to 5 Terrace Place, have been sold.

This represents a 12% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Rancho Mirage for a market analysis.

The Morgner Group

at Equity Union

(23 reviews)

Get a market analysis

Melinda Anne Champagne

at Equity Union

(7 reviews)

Get a market analysis

Shelley Cohen

at Equity Union

(8 reviews)

Get a market analysis

Debra Manning

at Bennion Deville Homes

4.9

(19 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Rancho Mirage

The Morgner Group

Sellers who recommend The Morgner Group have praised them for being local expert, well-prepared, and responsive

5 (23 reviews)
12 Reviews in Rancho Mirage
35 Sales in Rancho Mirage

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Melinda Anne Champagne

Melinda Anne Champagne is an award winning recommended agent for Rancho Mirage. They have 5 local sales and collected 5 local reviews across the last 12 months.