12300 Pomelo, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 2 bath
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Desert Hot Springs, California 92240
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $349,000—positioned well below the $332,266 Fair Market Value by -5%. While the property requires cosmetic updates given its Condition Rating of 5, the 8,276 sqft lot offers significant ADU Potential and RV Parking. Featuring Solar Panels and Mountain Views, this asset provides a clear path to forced appreciation. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in the Palm Springs Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12300 Pomelo Subject | $349,000* List Price | 3 | 2 | 1,360 | $244 | - |
A 66822 Cahuilla Avenue Sold | $290,000 | 3 | 2 | 1,386 | $209 | 0.3 mi |
B 13760 Hidalgo Street Sold | $350,000 | 3 | 2 | 1,318 | $266 | 1.0 mi |
C 13547 Caliente Drive Sold | $340,000 | 3 | 2 | 1,288 | $264 | 1.0 mi |
D 13285 Caliente Drive Sold | $320,000 | 3 | 2 | 1,355 | $236 | 0.9 mi |
E 66846 Desert View Avenue Sold | $280,000 | 3 | 2 | 1,402 | $200 | 0.3 mi |
F 11220 Pomelo Drive Active | $294,500 List Price | 2 | 2 | 1,344 | $219 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1993 (31 years old), the property falls into the >30y category. The kitchen and bathrooms appear original with dated oak cabinetry and tiled countertops. While functional and featuring solar, the home requires a full cosmetic rehab and significant backyard landscaping to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1360.
The property features a large 8,276 sqft lot with a private gated front yard and a massive backyard, providing ample space for RV parking or the construction of an Accessory Dwelling Unit (ADU).
The inclusion of solar panels offers a significant value proposition by reducing monthly utility costs and promoting sustainable living in the desert climate.
Built in 1993, the interior may require cosmetic updates or renovations to align with modern design trends and maximize its market value.
While located near local amenities, the property is situated in Desert Hot Springs, which may be perceived as less central compared to the primary employment and entertainment hubs of the Coachella Valley.
ACT NOW!!! PRICED TO SELL!!!*** PRIVATE GATED PLUSH FRONT YARD & HUGE BACKYARD FOR POTENTIAL ADU OR ADDITIONAL PARKING. SPACE IS UNLIMITED HERE!!! RV PARKING WITH LARGE SIDE GATE!!! SAVE MONEY WITH SOLAR!!!***Interior is an Open Floorplan, Loads of Light, Ample Space & The Possibilities are Endless at This Home! Conveniently Located Near Major Freeways, Shopping, and Recreational Activities! Schedule a Showing Today! Don't Miss this Opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,360 | 1,508 |
| Lot Size | 8,276 | 7,841 |
| Price | $349.0K | $398.1K |
| Price per sq ft | $257 | $248 |
| Built year | 1993 | 1986 |
| HOA | $0 | $334 |
| Days on market | 25 | 88 |
Jun 27, 2026
$349,000
Initial Listing
Mar 30, 2023
$320,000
Public Record
Nov 9, 2004
$200,000
Public Record
Dec 19, 2002
$125,500
Public Record
Feb 5, 1998
$69,500
Public Record
Mar 2, 1994
$75,000
Public Record