
Desert Hot Springs, California 92241
This Multi-Unit Equestrian Estate represents a strategic Value-Add Opportunity with a List Price of $795,000, relative to a $698,114 Fair Market Value. While currently priced above the AI estimation, the property’s Poor Condition Rating and expansive 5.9-acre lot provide a foundation for significant forced appreciation. The asset includes three separate dwellings and specialized equestrian facilities, including stables and a riding rink, all set against panoramic mountain views. This complex rehabilitation project is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19100 Ford Avenue Subject | $795,000* List Price | 5 | 3 | 2,696 | $259 | - |
A 72700 20th Avenue Active | $749,900 List Price | 3 | 3 | 3,000 | $250 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989, this property is 35 years old and the MLS description explicitly labels both the main house and the secondary unit as 'fixer uppers' and states the 'kitchen is in need of renovation.' The images confirm this, showing an unfinished kitchen lacking appliances, dated cabinetry, and general disarray throughout the interior spaces. The property requires substantial repairs and rehabilitation to be safe and comfortable for living, aligning with the 'poor' condition criteria.
The property includes a main 3-bedroom, 2-bath home, a separate 2-bedroom, 1-bath small home, and a 1-bedroom, 1-bath caretaker's unit, offering diverse living arrangements or income opportunities.
Features a substantial 5.9-acre lot (257,004 sqft) with a horse riding rink, spectator booth, stables, and RV storage, catering to equestrian enthusiasts or those desiring ample space.
The main home boasts over 2,600 sqft with a spacious living room, abundant natural light, marble floors, a family room with a fireplace, and vaulted ceilings, providing a strong foundation.
Both the main home and the small home are described as 'fixer uppers,' and the kitchen is 'in need of renovation,' indicating a substantial capital investment and effort will be necessary.
Built in 1989, the property's 'fixer-upper' status suggests that many systems, fixtures, and finishes are likely original or outdated, requiring comprehensive upgrades to meet modern standards.
The presence of extensive equestrian facilities, while a strength for some, targets a more specialized buyer demographic, which could potentially impact market liquidity and time on market.
JUST REDUCED!! This 3 bedroom, 2 bath single-family home boast over 2,600 sqft, plus a 2 bedroom, 1 bath small home, both are fixer uppers with potential, invites the discerning eye of property enthusiasts and creative real estate minds. Spaciouse entry into living room with lots of natural light with marble floors throughout. The kitchen, though in need of renovation, offers ample counter space and potential for stain-steel appliances, creating a culinary haven. Family room has a fireplace and vaulted ceilings. Fenced back yard spaces with RV storage, horse riding rink with spectator booth and stables with a 1 bedroom 1 bath caretakers' unit inside. This fixer upper beckons the right buyer to envision the possibilities and create a truly one-of-kind Desert Oasis.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 86% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 2,696 | 1,776 | 86% |
| Lot Size | 257,004 | 175,982.5 | 91% |
| Price | $795.0K | $487.5K | 82% |
| Price per sq ft | $295 | $285 | 68% |
| Built year | 1989 | 1972 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 228 | 221 | 59% |
Apr 1, 2026
$795,000
$975,000
-18% Price Drop
Initial Listing
Sep 6, 2025
$975,000
Initial Listing