
Thousand Palms, California 92276
This property presents a High-Potential Investment Opportunity with a List Price of $299,000—positioned well below the $235,318 Fair Market Value by -27%. While the home carries a Condition Rating of 5 due to significant fire damage, the 7,405 sqft lot and RV access provide a blank canvas for value-add reconstruction. Located just 0.1 miles from a top-rated elementary school, this asset is a strategic acquisition for Fix-and-Flip Investors or Contractors capable of executing a full structural rehabilitation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31399 Via Ventana Subject | $285,000* List Price | 3 | 2 | 1,394 | $166 | - |
A 72865 La Canada Way Active | $350,000 List Price | 4 | 2 | 1,817 | $193 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Although built in 2000, the property has sustained significant fire damage to the garage and roof structure. It currently exhibits major structural defects and requires a full rehab to be made livable again.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1394.
Priced significantly below market value for the area, this property offers a prime opportunity for investors or flippers to rebuild and capture substantial equity in a 2000-built home.
The inclusion of RV access is a highly desirable feature in the Thousand Palms market, providing added utility and value for homeowners with recreational vehicles or extra storage needs.
The property has sustained fire damage in the garage, requiring a comprehensive and costly reconstruction effort to restore the structure to a habitable and marketable condition.
Due to the current fire-damaged state, the property will likely fail to meet the safety and habitability standards required for traditional FHA or VA financing, limiting the buyer pool to cash or hard-money investors.
GREAT OPPORTUNITY TO REBUILT AND REIMAGINED!!!!!!!!!!! Property suffered fire damage in Garage and is ready for the new owners to bring it back to its glory days. RV access. Do not miss out on the opportunity...................
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 3.6 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,394 | 1,575.5 | 27% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $285.0K | $446.0K | 23% |
| Price per sq ft | $204 | $291 | 18% |
| Built year | 2000 | 2000 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 125 | 9% |
Jun 10, 2026
$285,000
$299,000
-5% Price Drop
Initial Listing
Jun 4, 2026
$299,000
Initial Listing
Mar 16, 2012
$113,000
Public Record
Jun 30, 2000
$122,000
Public Record