20245 Penny Lane, Desert Hot Springs, California 92241, Desert Hot Springs, 92241 - 2 bed, 2 bath

20245 Penny Lane
Desert Hot Springs, California 92241
Property Price
SUMMARY
Analysis of 20245 Penny Lane, Desert Hot Springs, California 92241 is currently available with a list price of $779,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Desert Hot Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property meets the 'excellent' criteria as it was built in 2017, making it less than 10 years old. The listing describes an architecturally striking modern home with high-end materials, designer finishes, and modern utility upgrades. The kitchen and bathrooms feature contemporary styling and premium components consistent with a high-quality recent build, showing no signs of deferred maintenance or physical depreciation.
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 = 896.
- Modern Architectural Design
Built in 2017, this architecturally striking home features high-end materials, designer finishes, and expansive windows that maximize natural light and modern desert aesthetics.
- Expansive Lot & Privacy
Situated on 4.74 acres in the private Sky Valley area, the property offers unparalleled seclusion and the unique opportunity to expand into a 10-acre compound with the adjacent parcel.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At only 896 square feet, the living space is quite compact for the price point, which may limit appeal for buyers seeking a more traditional family-sized residence.
- High Price Per Square Foot
Despite the recent price reduction, the property maintains a high cost per square foot that may be difficult to justify for buyers focused on interior volume rather than land and design.
About 20245 Penny Lane
Desert Stone, Modern Desert Living with privacy and versatility in Sky Valley. This architecturally striking modern home sits on a 4.74-acre parcel with expansive desert and mountain views. The open floor plan features large windows, abundant natural light, high-end materials, and designer finishes throughout. No photo can capture the true beauty or feeling of this home, it must be seen in person to be fully appreciated. The property includes a fully enclosed oversized RV/toy garage for secure storage, a covered carport, and a plumbed Airstream ready for guest use or potential rental income (buyer to verify). Low-maintenance desert landscaping provides beauty with minimal upkeep, ideal for full-time living, a weekend retreat, or an investment opportunity. Modern utility upgrades enhance comfort and efficiency. Located in a desirable, private area with room to expand. This land is thoughtfully designed with mature landscaping and irrigation. The neighboring 4.74-acre parcel is also available for purchase, offering the opportunity to create a nearly 10-acre compound. A rare blend of modern design, open space, privacy, and flexible use.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2017
- Lot Size
- 206,474 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 28% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 896 | 1,902.5 | 11% |
| Lot Size | 206,474 | 197,326.5 | 50% |
| Price | $779.0K | $549.5K | 78% |
| Price per sq ft | $869 | $285 | 94% |
| Built year | 2017 | 1989 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 184 | 6% |
Pricing History
Listed for Sale
Jan 24, 2026
$779,000
$899,000
-13% Price Drop
Initial Listing
Price Change
Jan 5, 2026
$899,000
Initial Listing
Sold
Nov 18, 2019
$40,000
Public Record


























































































