Coco Crisp's Rancho Mirage Estate with Baseball Diamond Listed for $10M

Former MLB outfielder Coco Crisp has listed his extravagant Rancho Mirage, California, estate for $10 million, a property that blurs the line between a private residence and a luxury sports resort. The 4.8-acre compound, which serves as the family's primary residence, features a unique miniature baseball diamond and a host of high-end amenities. Based on our experience assessment, this listing price reflects a significant appreciation from the reported $7 million purchase price just three years ago, highlighting the strong demand for unique luxury properties in the Coachella Valley market.

What unique amenities does the property offer? The estate is designed for entertainment and an active lifestyle. The most distinctive feature is a private baseball diamond, a natural fit for the 15-year MLB veteran. Beyond the diamond, the grounds include a human-made lake, a swimming pool with a grotto, and a tennis court. For vehicle storage, there is an expansive seven-car garage. The main residence spans 17,900 square feet and includes five bedrooms, an elevator, a home theater, and a game room. This combination of amenities is uncommon even within the luxury market, catering specifically to a sports enthusiast or a family seeking resort-like living.

What is the context of the sale and the local market? According to co-listing agent Rachelle Rosten, the Crisp family is selling to prepare for a "new adventure" within the Rancho Mirage area. The estate is noted as their principal residence, though they also maintain a home in the San Francisco Bay Area for use during the baseball season. The decision to sell aligns with their history of moving "every few years." The Rancho Mirage real estate market is known for its high-end, secluded properties, and a unique listing of this caliber is likely to attract significant interest. Property tax assessments in California are based on the purchase price, but a sale at this new price point would reset the tax basis for the new owner.

How does the property's value compare to the local market? The $10 million asking price represents a substantial increase from the 2023 purchase price. This appreciation can be attributed to the property's unique features, its extensive square footage, and general market trends. Luxury properties in the Coachella Valley, which includes Rancho Mirage, have seen steady demand. While the local market can fluctuate, a property with such bespoke amenities is positioned at the top tier. The transaction process for a property of this value typically involves rigorous due diligence, including title insurance to protect against ownership disputes and a detailed inspection of all custom features.

What should potential buyers consider? For a buyer considering this estate, the key factors extend beyond the purchase price. The maintenance of 4.8 acres with specialized amenities like a lake and baseball diamond requires significant ongoing investment. Property taxes, which are ad valorem (meaning based on value), would be reassessed upon sale. Furthermore, while the home is move-in ready, any customization would need to align with local zoning regulations. The proximity to other luxury homes and the privacy offered by the large lot are major advantages.

In conclusion, Coco Crisp's Rancho Mirage estate is a one-of-a-kind property that combines luxury living with a sports enthusiast's dream. The $10 million listing price indicates strong confidence in the current luxury market. Prospective buyers should be prepared for the responsibilities that come with maintaining a large, amenity-rich estate, but the reward is a private resort experience unlike any other.