
Morongo Valley, California 92256
This property presents a High-Potential Investment Opportunity with a List Price of $215,000—positioned well above the $159,168 Fair Market Value by -35%. While the current list price exceeds the estimated market value, the property offers significant value-add potential through its 8,643 SF lot and a utility room suitable for conversion. With a Poor Condition Rating, this asset requires a strategic renovation plan to capture upside in the high-demand Joshua Tree tourism corridor. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a desert project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10934 Knobb Avenue Subject | $215,000* List Price | 2 | 2 | 900 | $177 | - |
A 10934 Hess Boulevard Sold | $270,000 | 2 | 2 | 880 | $307 | 0.1 mi |
B 49897 Coronado Sold | $240,000 | 2 | 1 | 910 | $264 | 0.6 mi |
C 11054 Vale Sold | $210,000 | 2 | 1 | 800 | $263 | 0.7 mi |
D 11022 West Drive Pending | $199,995 List Price | 3 | 1 | 1,016 | $197 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1971 (53 years old) with no evidence of major renovations, this property meets the 'Poor' criteria. The interior features heavily worn carpeting, dated finishes, and window AC units suggesting a lack of modern central HVAC. The exterior shows peeling paint and deferred maintenance, and the listing explicitly identifies it as a 'fixer' requiring rehab and cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8643, living area = 900.
Perfectly positioned between Palm Springs and Joshua Tree National Park, this property offers prime access to world-class tourism, hiking, and a robust vacation rental market.
As a 'light fixer' with a utility room that can be converted into a third bedroom, the home provides an excellent opportunity for investors or owners to build immediate sweat equity.
The home is noted as needing cosmetic updates and repairs, which will require an upfront investment of time and capital beyond the purchase price.
At approximately 900 square feet, the living space is relatively compact, which may feel restrictive for buyers seeking a more spacious primary residence.
Charming desert retreat with wonderful potential on a quiet street in Morongo Valley! This 2 bedroom, 2 bath home offers approximately 900 SF of living space on an 8,643 SF lot with inspiring snow-capped views of Mt. San Jacinto. An additional utility room off the garage could be utilized as a den or additional 3rd bedroom. Open layout with living room fireplace featuring a raised masonry hearth, dining area, and glass sliders leading to the patio and spacious backyard. Attached 2-car garage, large storage room, and dedicated laundry area add functionality and flexibility. The home features an electric stove and oven range, public water and sewer, and a privacy-fenced backyard ready for your landscaping vision. Light fixer with excellent opportunity for cosmetic updates and sweat equity. Ideal for investors, weekend desert getaway seekers, or owner occupants looking to customize a home in a desirable high desert community. Conveniently located approximately 28 minutes to Palm Springs, 31 minutes to Joshua Tree National Park, and under an hour to Redlands. Joshua Tree National Park with nearly 3 million annual visitors and within reach of the Coachella Valley's world-famous tourism and festival attractions in a hot vacation rental market. Morongo Valley is known for its cooler elevation, scenic desert landscapes, and easy access to hiking, nature preserves, restaurants, and local community parks. A great opportunity to create your own desert escape with mountain vistas and peaceful surroundings. May qualify for USDA financing, offering potential zero-down payment opportunities for eligible buyers. Dont wait on this once call now!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 900 | 1,137 | 26% |
| Lot Size | 8,643 | 108,900 | 7% |
| Price | $215.0K | $337.0K | 14% |
| Price per sq ft | $239 | $295 | 19% |
| Built year | 1971 | 1959 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 193 | 5% |
May 13, 2026
$215,000
Initial Listing
Mar 22, 2012
$41,500
Public Record
Jun 14, 2004
$106,000
Public Record
Aug 30, 1996
$40,000
Public Record