Sold
Rancho Mirage, CA
40315 Cholla Lane
Ending Price
$16,000,000
A beautifully renovated home with a challenging floorplan and property, this home saw 100 groups through the open houses and failed to meet the seller’s overoptimistic reserve at auction. However, there was significant residual interest, and it was sold less than a week after auction for the most money possible, empirically proven by the fact that the buyers re-listed the home shortly after closing and have been unable to sell it again for any price.