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

20245 Penny Lane, Desert Hot Springs, California 92241 home-pic-0

20245 Penny Lane

Desert Hot Springs, California 92241

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
896Sq Ft
206,474Lot Size

Property Price

LIST PRICE$779,000

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

Excellent
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
28%
Baths2.02.0
50%
Square foot8961,902.5
11%
Lot Size206,474197,326.5
50%
Price$779.0K$549.5K
78%
Price per sq ft$869$285
94%
Built year20171989
89%
HOA$0$0
50%
Days on market61184
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

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