RealKey
‪(213) 433-7766‬

11450 Ambrosio Drive, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 2 bed, 2 bath

11450 Ambrosio Drive, Desert Hot Springs, California 92240 home-pic-0
ACTIVE UNDER CONTRACT$379,000
11450 Ambrosio Drive, Desert Hot Springs, California 92240
2Beds
2Baths
1,282Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($282,120.755) is $96,879.245 (25%) lower than the list price ($379,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1282.
Top Cons:
Overpriced Relative to Market Value: The current list price of $379,000 is significantly above the property's estimated value and higher than many 3-bedroom comparable sales in the area, indicated by a -25% estimation ratio.

Compared to the nearby listings

Price:$379.0K vs avg $400.0K ($-21,000)36%
Size:1,282 sqft vs avg 1,618 sqft20%
Price/sqft:$296 vs avg $25480%

More Insights

Built in 1965 (60 years old).
Condition: Built in 1965, this property features thoughtfully remodeled bathrooms with modern fixtures and finishes, and updated epoxy-covered concrete flooring. However, the kitchen retains its original-style wood cabinets, outdated tile countertops, and older appliances, requiring a substantial renovation to meet current aesthetic and functional standards. While some areas are updated, the overall age of the home and the very dated kitchen prevent it from being classified as 'Good' or 'Excellent'.
Year Built
1965
Close
-
List price
$379K
Original List price
$398K
Price/Sqft
$296
HOA
-
Days on market
-
Sold On
-
MLS number
SW25063807
Home ConditionFair
Features
Excellent View: Desert, Mountain(s)
Pool
Spa
Patio
ViewDesert, Mountain(s)

About this home

Welcome to 11450 Ambrosio Dr, a well-kept Mid-Century Modern home located in Desert Hot Springs. This 2-bedroom, 2-bathroom home offers a functional layout with a blend of classic style and thoughtful updates. This home features large windows that fill the living area with natural light, creating a bright and inviting space. The kitchen features a breakfast bar and separated dining space, and the epoxy-covered concrete floors throughout provide a sleek, durable finish. Both bathrooms have been thoughtfully remodeled, offering updated fixtures and finishes. A new sliding glass door leads you from the interior to the backyard, seamlessly connecting the spaces. The outdoor area is designed for easy living, with a pool and hot tub perfect for relaxing or entertaining while enjoying the desert surroundings. Don't miss the opportunity to add your own personal touches and make this home truly yours!

Condition Rating
Fair
Built in 1965, this property features thoughtfully remodeled bathrooms with modern fixtures and finishes, and updated epoxy-covered concrete flooring. However, the kitchen retains its original-style wood cabinets, outdated tile countertops, and older appliances, requiring a substantial renovation to meet current aesthetic and functional standards. While some areas are updated, the overall age of the home and the very dated kitchen prevent it from being classified as 'Good' or 'Excellent'.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1282.
Mid-Century Modern Style & Condition: The property is a well-kept Mid-Century Modern home, offering a blend of classic style with thoughtful updates, appealing to a specific aesthetic.
Private Pool and Hot Tub: The outdoor area features a pool and hot tub, ideal for relaxation and entertaining, which is a highly desirable amenity in the desert climate.
Remodeled Bathrooms: Both bathrooms have been thoughtfully remodeled with updated fixtures and finishes, providing modern comfort and appeal.
Durable & Modern Flooring: Epoxy-covered concrete floors throughout offer a sleek, durable, and low-maintenance finish.
Natural Light & Scenic Views: Large windows fill the living area with natural light, and the property boasts desirable desert and mountain views.

Cons

Overpriced Relative to Market Value: The current list price of $379,000 is significantly above the property's estimated value and higher than many 3-bedroom comparable sales in the area, indicated by a -25% estimation ratio.
Limited Bedroom Count: With only 2 bedrooms, the property may appeal to a smaller buyer pool compared to the prevalent 3-bedroom homes in the immediate vicinity.
Potential for Further Updates/Older Systems: Despite recent remodels, the 1965 build year suggests potential for older underlying systems (e.g., HVAC, plumbing, electrical) that may require future investment beyond cosmetic updates, as hinted by the phrase 'add your own personal touches'.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state