20158 Penny Lane, Desert Hot Springs, California 92241, Desert Hot Springs, 92241 - 4 bed, 2 bath

20158 Penny Lane, Desert Hot Springs, California 92241 home-pic-0

20158 Penny Lane

Desert Hot Springs, California 92241

ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,800Sq Ft
206,474Lot Size

Property Price

LIST PRICE$519,000
EST. MARKET VALUE
$539,000
3% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$539,000 +$20,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Desert Hot Springs.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property is a brand new construction built in 2023, fitting the criteria for 'excellent' condition. The images showcase modern finishes, including wood-look tile flooring, recessed lighting, and contemporary kitchen cabinetry and appliances. The kitchen features stainless steel appliances and ample counter space. The bathrooms, though not explicitly detailed in the provided text, are assumed to be in line with the new construction standards. All systems are expected to be new and in optimal working order. The property's recent build date and pristine appearance, as depicted in the images, strongly support an 'excellent' condition rating.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 206474, living area = 1800.

  • New Construction

    This is a brand new home built in 2023, offering modern amenities and a fresh start for the buyer.

  • Spacious Lot

    Situated on just under 5 acres, the property provides a sense of privacy and ample outdoor space.

CONSRISKS & DEFICIENCIES

  • Remote Location

    Desert Hot Springs can be considered remote, which may be a drawback for buyers seeking proximity to urban amenities.

  • Limited Recent Sales Data

    The provided sales history shows older transactions, making it challenging to establish a precise current market value based on recent comparable sales.

  • Potential for Further Development

    While the large lot is a strength, it also implies potential for future development by neighbors or the need for ongoing land maintenance.

About 20158 Penny Lane

FHA approved financing! New home on just under 5 acres with an oversized (20 X 30) two car garage and workshop. This new home is on a permanent foundation and includes kitchen appliances. This area is part of the IID (Imperial Irrigation District - electric company) which will save you money on your electric bills. This unit is 4 bedrooms, 2 baths with a den and 1800 square feet of living space. The views from this home are nothing less than spectacular as you look out to see Mount San Jacinto, and San Gorgonio , along with the little San Bernardino mountains along the side and east. This home gives you the feel of wide open spaces as you enjoy peace and quiet all around you. EZ to show!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2023
Lot Size
206,474 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
67%
Baths2.02.0
50%
Square foot1,8001,902.5
44%
Lot Size206,474197,326.5
50%
Price$519.0K$534.0K
50%
Price per sq ft$288$285
61%
Built year20231989
94%
HOA$0$0
50%
Days on market65184
6%

Pricing History

Listed for Sale

Feb 10, 2026

$519,000

$539,000

-4% Price Drop

Initial Listing

Price Change

Jan 1, 2026

$539,000

Initial Listing

Sold

May 14, 2021

$55,000

Public Record

Sold

May 14, 2020

$45,000

Public Record

Sold

May 28, 2019

$45,000

Public Record

Sold

Jan 9, 2003

$24,000

Public Record

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