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

10122 Pine Place, Morongo Valley, California 92256 home-pic-0
ACTIVE$1,050,000
10122 Pine Place, Morongo Valley, California 92256
8Beds
5Baths
3,962Sqft
223,462Lot

Price Vs. Estimate

The estimated value ($1,234,337.71) is $184,337.71 (17%) higher than the list price ($1,050,000). This property may be underpriced.

Key pros and cons

Top Pros:
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.
Top Cons:
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.

Compared to the nearby listings

Price:$1.05M vs avg $362.5K (+$687,500)96%
Size:3,962 sqft vs avg 1,354 sqft92%
Price/sqft:$265 vs avg $25465%

More Insights

Built in 1978 (47 years old).
Condition: 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.
Year Built
1978
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$265
HOA
-
Days on market
-
Sold On
-
MLS number
JT25226017
Home ConditionGood
Features
Excellent View: City Lights, Canyon, Desert, Hills, Mountain(s), Panoramic
Patio
ViewCity Lights,Canyon,Desert,Hills,Mountain(s),Panoramic

About this home

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.

Condition Rating
Good

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.
Pros & Cons

Pros

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.
Modern Main House Amenities: The main house boasts desirable features such as an open floor plan, wood plank flooring, high ceilings, a fireplace, mini-split HVAC, French doors, and a private front yard with a pond.
Updated Appliances Across All Units: All four self-contained living spaces are equipped with new all-electric stainless-steel appliances, offering immediate value and reducing initial costs for occupants or tenants.

Cons

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.

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