10122 Pine Place, Morongo Valley, California 92256, Morongo Valley, 92256 - 8 bed, 5 bath

10122 Pine Place
Morongo Valley, California 92256
Property Price
SUMMARY
Analysis of 10122 Pine Place, Morongo Valley, California 92256 reveals a Prime Investment Opportunity with a current list price of $1,050,000—significantly undercutting the $1,234,337 Fair Market Value by 17%. This valuation gap indicates a +$184,337 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Morongo Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1978, the property has undergone significant renovations, bringing its condition to 'Good'. The kitchens feature modern dark wood-tone cabinets, stone-look countertops, stainless steel appliances, and updated flooring and lighting. Bathrooms are also updated with modern vanities, tiled showers, and contemporary fixtures. The main house includes wood plank flooring and efficient mini-split heating/cooling systems. While one bedroom appears to have unfinished flooring, the extensive updates to key areas across multiple dwellings make the property largely move-in ready with modern amenities.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Multi-Unit Property
Featuring four complete, self-contained dwellings, this property offers significant flexibility for large extended family living or substantial rental income generation.
- Exceptional Panoramic Views & Natural Surroundings
Direct adjacency to the San Gorgonio wilderness/Sand to Snow National Monument ensures protected, elevated views of City Lights, Canyon, Desert, Hills, Mountains, Coachella Valley, and the Santa Rosa Mountain range, providing unparalleled privacy.
- Spacious Lot Size
A substantial 223,462 sq. ft. (over 5 acres) lot provides ample space, privacy, and potential for outdoor amenities or future development, enhancing its unique appeal.
CONSRISKS & DEFICIENCIES
- Property Age & Potential for Deferred Maintenance
Built in 1978, the property's age suggests that while some updates are present, other systems or components across the four units may be original or require significant maintenance/upgrades in the near future.
- Incomplete Visual Marketing
The note 'Interior picture coming Sunday 3/23' indicates that full visual documentation of all units is not yet available, potentially hindering immediate buyer interest and comprehensive assessment.
- Management Complexity of Multiple Units
Operating and maintaining four separate dwellings, each with its own needs, can present a higher level of management complexity and ongoing operational costs compared to a single-family residence.
About 10122 Pine Place
This is a one of a kind in the area! Featuring four complete dwellings. The main house is a 2 bed, 2 bath, 1,302 sq. ft. open floor plan wood plank flooring high ceilings with a fireplace in the living room. Mini split for heating and cooling. Wall of French doors open to a private front yard and a small pond with loads of fish. Laundry located in the common bathroom. En suite features a large walk-in-closet. Second stand-alone home on the property has 3 bedrooms, 1 bathroom, 1,400 sq. ft. Features high ceilings tile flooring front porch and an attached 2 car garage. The third dwelling is 2 bed, 1 bath 1,020 sq. ft. attached to a 2 bed, 1 bath 840 sq. ft. unit with a walk-in closet. All four of the self-contained living spaces have all electric stainless-steel appliances that will go with the sale. Property butts up to the San Gorgonio wilderness/Sand to Snow National Monument. Not likely to have anyone building above or beyond for years to come. Front views are very elevated looking into the Coachella Valley and the Santa Rosa Mountain range. Or towards the small town of Morongo Valley below. This property has so much to offer for a large extended family or as a potential rental income property. If you have questions feel free to inquire and if you would like to view this unique multi-unit gem. Contact the listing agent to make arrangements. Interior picture coming Sunday 3/23.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 223,462 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 2.0 | 97% |
| Baths | 5.0 | 2.0 | 97% |
| Square foot | 3,962 | 1,231 | 97% |
| Lot Size | 223,462 | 87,991 | 90% |
| Price | $1.05M | $373.8K | 97% |
| Price per sq ft | $265 | $265 | 50% |
| Built year | 1978 | 1959 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 163 | 163 | 52% |
Pricing History
Listed for Sale
Sep 25, 2025
$1,050,000
Initial Listing

















































