12840 Hidalgo, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 4 bed, 2 bath
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Desert Hot Springs, California 92240
This property represents a High-Potential Investment Opportunity, listed at a List Price of $750,000—positioned above the $660,531 Fair Market Value. While the price reflects a premium, the Rare Private Mineral Well and extensive wellness amenities—including a pool, two spas, and sauna—provide unique value. With a Fair Condition Rating, the home offers significant potential for cosmetic modernization to maximize its luxury appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private wellness retreat with rare, grandfathered water rights.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12840 Hidalgo Subject | $750,000* List Price | 4 | 2 | 2,300 | $287 | - |
A 12220 Skyline Drive Sold | $685,000 | 3 | 2 | 1,878 | $365 | 0.7 mi |
B 12537 Spruce Street Sold | $622,100 | 4 | 2 | 2,251 | $276 | 0.6 mi |
C 67972 Monterico Road Active | $850,000 List Price | 3 | 3 | 2,344 | $363 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old and maintains its original finishes. The kitchen and bathrooms are dated with 2000s-era tile countertops, oak cabinetry, and white appliances. While the home appears well-maintained and functional, it falls into the 'Fair' category as it is over 20 years old and requires cosmetic updates and potential system overhauls 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 = 14375, living area = 2300.
This property features its own mineral hot spring water well, a rare and highly coveted asset as the city has restricted new private wells for residences since 2007.
The home is equipped with a comprehensive suite of spa features, including a pool, two spas, a dry sauna, sitz bath, and foot bath, offering a private resort experience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =14375, other record lot size in square feet = 7405.
The property is being sold in as-is condition, which suggests that the buyer may need to budget for potential repairs or deferred maintenance.
Built in 2004 and sold as-is, the interior finishes may require updating to meet current luxury market expectations and maximize the home's value.
Rare opportunity to own a home with ITS OWN MINERAL HOT SPRING WATER WELL. Built in 2004, this property offers EXCEPTIONAL POTENTIAL, as the City has not allowed new mineral hot spring water wells for private residences since 2007. Features include a pool, two spas, dry sauna, sitz bath, foot bath, two outdoor shower, and BBQ grill. Enjoy spacious and beautifully landscaped front and back yards, a living room with fireplace, large kitchen with breakfast bar, and a family room with direct access to the backyard. The kitchen/dining area opens to the pool,and the primary bedroom offers private access to the sitz bath, foot bath, and dry sauna. Price to sell. Property is sols AS-IS. Furniture may be purched outside of escrow. There are lots more. Must see.....
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,300 | 1,508 |
| Lot Size | 14,375 | 7,841 |
| Price | $750.0K | $398.1K |
| Price per sq ft | $326 | $248 |
| Built year | 2004 | 1986 |
| HOA | $0 | $334 |
| Days on market | 44 | 88 |
Jun 8, 2026
$750,000
Initial Listing
Jun 5, 2019
$290,000
Public Record