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''There's no place like home'... Welcome to this truly unique property steeped in history in the heart of beautiful Rancho Mirage. Built in 1939 as a retreat for Frank Morgan, 'The Wizard' in ''The Wizard of Oz'', this 1.2 ac estate in Magnesia Falls Cove has been graced by 'old Hollywood' royalty over the years. Recently the home of prominent interior designer, Craig Wright, the Hacienda exudes timeless charm & sophistication. Park-like grounds adorned w/native desert scape & citrus orchard, offer a serene oasis. Entertain on the covered patio or take a dip in the pool framed by swaying palms & majestic mountain views. The main hacienda boasts 3 Bedrooms each with en-suite Baths, featuring thick adobe walls. Gather in the living room or relax in the primary, both adorned w/wood-burning fireplaces. The kitchen is a chef's delight, equipped w/black slate countertops, spacious island & high-end S/S Viking & Subzero appliances. In addition to the main residence, a detached casita offers versatility as a 4th bedroom with a full bath, separate office, or inspiring art studio flooded with natural light. Detached 2 car garage provides ample parking & storage space. This historic home is meticulously maintained. New HVAC 2023, Water Heater, Water/Gas lines, New Patio 2021, ensure modern comfort while preserving its authentic charm. With its rich history, exquisite architecture & prime location, this property offers a rare opportunity to own a piece of Rancho Mirage heritage.
Listing agent: Pamela Potalivo DRE #01108755 teampotalivo@yahoo.com, Listing office: Berkshire Hathaway HomeServices California Properties
MLS data updated 11/1/2026, 3:09:25 AM PT
Source: CRMLS, MLS #: 219109505DA
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 5, 2024
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
$2,300,000Closed sale · Jun 5, 2024ZIP 92270 · Jun 2024
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.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.
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.