2623 Treasure Drive, Thermal, California 92274, Thermal, 92274 - 2 bed, 2 bath
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Thermal, California 92274
This property presents a High-Potential Investment Opportunity with a List Price of $237,000—positioned well below the $248,795 Fair Market Value by 4%. This valuation gap offers $11,795 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and Vaulted Ceilings with scenic Desert and Lake Views. The expansive 10,923 sqft lot provides significant expansion potential. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a unique desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2623 Treasure Drive Subject | $237,000* List Price | 2 | 2 | 1,084 | $230 | - |
A 1060 S Marina Drive Sold | $291,900 | 3 | 2 | 1,331 | $219 | 0.8 mi |
B 994 Sea Crest Place Active | $299,950 List Price | 2 | 2 | 1,200 | $250 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1979, the property has undergone significant interior updates likely within the 5-15 year range. The kitchen and bathrooms feature newer dark wood cabinetry and granite countertops. The home is described as move-in ready with functional systems and vaulted ceilings, meeting the criteria for a well-maintained, functional residence.
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.
The property boasts impressive views of the Salton Sea, surrounding mountains, and open desert, providing a serene and picturesque setting.
Featuring high ceilings and exposed wooden beams, the home offers a spacious, airy feel and unique character often sought after in desert retreats.
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.
Located in Salton City, the property is in a niche, remote area which may result in limited access to major metropolitan amenities and a smaller pool of potential buyers.
Built in 1979, the home may require updates to its original systems or cosmetic refreshments to meet modern energy efficiency and design standards.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,084 | 1,403 | 13% |
| Lot Size | 10,923 | 10,425 | 67% |
| Price | $237.0K | $299.0K | 31% |
| Price per sq ft | $219 | $208 | 60% |
| Built year | 1979 | 2005 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 184 | 2% |
May 21, 2026
$237,000
Initial Listing
May 7, 2012
$32,500
Public Record
Jan 23, 2006
$98,000
Public Record