2623 Treasure Drive, Thermal, California 92274, Thermal, 92274 - 2 bed, 2 bath
2623 Treasure Drive
Thermal, California 92274
Property Price
SUMMARY
Analysis of 2623 Treasure Drive, Thermal, California 92274 reveals a property with a current list price of $243,000, which is 7% above the estimated $225,683 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Thermal 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2623 Treasure Drive Subject | $243,000* List Price | 2 | 2 | 1,084 | $208 | - |
A 2683 Salton Bay Drive Active | $266,000 List Price | 3 | 2 | 1,049 | $254 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1979, this property is well-maintained for its age, but the kitchen features an older black electric coil range and basic cabinetry, suggesting it has not undergone a major renovation in recent years. While a stainless steel refrigerator is present, the overall kitchen style is dated. No bathroom images were provided, but it's likely they align with the kitchen's condition. The home is functional and move-in ready, but major components show signs of being outdated, fitting the 'fair' condition criteria.
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 = 10923, living area = 1084.
- Exceptional Views
The property boasts panoramic open desert views, majestic mountain backdrops, and iconic Salton Sea vistas, enhancing its appeal and tranquility.
- Expansion Opportunity
The availability of the adjacent lot offers a unique opportunity for buyers to expand their private space, add amenities, or secure future development potential.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10923, other record lot size in square feet = 9841. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Older Property Age
Built in 1979, the home is over 40 years old, which may imply a need for updates to systems, appliances, or general aesthetics to meet modern standards.
- Niche Market Location
Located in Salton City/Thermal, this specific desert community may have a limited buyer pool compared to more mainstream residential areas, and the 'Not Applicable-1' subdivision suggests a less defined neighborhood.
About 2623 Treasure Drive
Welcome to 'Treasure Island' -- a rare 10X opportunity in the heart of Salton City/Thermal! This charming 2-bed, 2-bath home sits on the coveted street Treasure Drive, surrounded by open desert views, mountain backdrops, and views of the iconic Salton Sea. With high ceilings, exposed wooden beams, and an open-concept layout, this home feels bright, spacious, and ready for your lifestyle. The property comes partially furnished, making it move-in ready for first-time buyers, growing families, weekend warriors, or off-road enthusiasts looking for the perfect getaway. There's a spacious 2-car garage with room for toys, equipment, or future expansion.Even better -- the lot next door is also available, giving buyers the option to secure their own private 'island' in this unique pocket of Salton City. Centrally located with quick access to Highway 86, local amenities, and endless desert adventure. A rare find, a great location, and a true 10X value. Welcome to Treasure Island -- where opportunity meets lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 10,923 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 | 29% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,084 | 1,500 | 9% |
| Lot Size | 10,923 | 10,221 | 69% |
| Price | $243.0K | $307.0K | 23% |
| Price per sq ft | $224 | $207 | 63% |
| Built year | 1979 | 2006 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 114 | 176 | 14% |
Pricing History
Listed for Sale
Nov 13, 2025
$243,000
Initial Listing
Sold
May 7, 2012
$32,500
Public Record
Sold
Jan 23, 2006
$98,000
Public Record