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Closed
- Listed price
- $2,350,000
- Listed Apr 8, 2021
- Sold price
- $1,713,000
- Sold Jan 31, 2023
227,383 sqft lot00|572 MLS days on market
7 Peterson Rd, Rancho Mirage, CA 92270
Property Description
This 'PETERSON RANCH' 5.22-Acre Parcel consists of rare prime vacant land located in the affluent area of South Rancho Mirage with close westerly views of the San Jacinto Mountain Range. The property is one of the last infill vacant land holdings remaining in the southern area of Rancho Mirage. This area is zoned for a minimum lot sizes of 1-acre and does allow equestrian and is great for a ranch or high end estate home with an spacious and sizeable lot. The subject property utilizes convenient access from Hwy. 111, is near the Ritz Carlton, and is not far from several new home luxury projects selling from $1M-$3M. Water & Sewer at Mirage Cove Drive & Peterson Road (Water line also extends up Peterson Rd.; and Sewer Line also extends north up past Parcel 6 to Parcel 1 on the west side of those parcels).* Adjacent parcels are available. *Buyer to verify utilities, and price subject to change at any time.APN: 689-130-013
Listing agent: Erik ChristiansonDRE #01475105echristianson@hoffmanland.com, Listing office: The Hoffman Company
MLS data updated 10/31/2026, 6:08:12 AM PT
Source: CRMLSMLS #: 219060152DA
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,713,000
Jan 31, 2023
Available records32021–2023
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,713,000Closed sale · Jan 31, 2023ZIP 92270 · Jan 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsJan 21, 2022 – Jan 31, 2023
ZIP 92270 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.