48754 Canyon House Road, Morongo Valley, California 92256, Morongo Valley, 92256 - 2 bed, 2 bath

48754 Canyon House Road, Morongo Valley, California 92256 home-pic-0
ACTIVE$449,000
48754 Canyon House Road, Morongo Valley, California 92256
2Beds
2Baths
1,520Sqft
217,800Lot

Price Vs. Estimate

The estimated value ($448,786.76) is $213.24 (0%) lower than the list price ($449,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Privacy & Accessibility: Offers peaceful seclusion on a large lot surrounded by BLM land, yet remains conveniently accessible to Highway 62, I-10, Palm Springs, and Joshua Tree, making it ideal for both full-time living and weekend getaways.
Top Cons:
As-Is Sale Condition: The property is being sold in 'as-is' condition, which may imply a lack of seller-funded repairs or upgrades, potentially requiring buyer investment post-purchase to address any unforeseen issues.

Compared to the nearby listings

Price:$449.0K vs avg $362.5K (+$86,500)77%
Size:1,520 sqft vs avg 1,354 sqft58%
Price/sqft:$295 vs avg $25473%

More Insights

Built in 1947 (78 years old).
Condition: The property, built in 1947, is functional and appears well-maintained with recent updates to the septic system and electrical service (200-amp). However, the interior, especially the kitchen, features significantly outdated elements such as tile countertops, an old electric coil range, and a general rustic style. The absence of central HVAC, relying on a window unit and wood stove, also points to a need for modernization. While livable, it requires substantial updates to meet contemporary standards, aligning with the 'Fair' condition criteria of being aged but maintained, with functional but outdated major components.
Year Built
1947
Close
-
List price
$449K
Original List price
$649K
Price/Sqft
$295
HOA
-
Days on market
-
Sold On
-
MLS number
IV25041296
Home ConditionFair
Features
Excellent View: Canyon, Desert, Mountain(s), Panoramic
ViewCanyon, Desert, Mountain(s), Panoramic

About this home

Motivated sellers! The seller is willing to help with the buyer’s closing costs. “As Is” price for a fully functional property. Privacy and peaceful seclusion await, just 1 mile from Highway 62 and 9 miles from Interstate 10. Surrounded by BLM land. See our virtual tour! Enjoy an easy commute all around, with just 15 miles to Palm Springs and Joshua Tree. Or, a perfect weekend getaway, 90 miles from LA. On Southern California Edison. Property includes 200-amp electrical service, 2500-gallon and 650-gallon water storage tanks, water well with pressure pump, new 750-gallon septic system, oversized (24x24) two-car garage, 1,200-square-foot (30x40) red iron I-beam metal shop. Safe to remain at home. The majority of “Dad’s hardware” store stays. Shown by appointment only.

Condition Rating
Fair

The property, built in 1947, is functional and appears well-maintained with recent updates to the septic system and electrical service (200-amp). However, the interior, especially the kitchen, features significantly outdated elements such as tile countertops, an old electric coil range, and a general rustic style. The absence of central HVAC, relying on a window unit and wood stove, also points to a need for modernization. While livable, it requires substantial updates to meet contemporary standards, aligning with the 'Fair' condition criteria of being aged but maintained, with functional but outdated major components.
Pros & Cons

Pros

Exceptional Privacy & Accessibility: Offers peaceful seclusion on a large lot surrounded by BLM land, yet remains conveniently accessible to Highway 62, I-10, Palm Springs, and Joshua Tree, making it ideal for both full-time living and weekend getaways.
Robust Infrastructure & Utilities: Features a private water well with substantial storage tanks (2500 & 650 gallons), a new 750-gallon septic system, and 200-amp electrical service, providing significant self-sufficiency and reduced utility costs.
Extensive Outbuildings & Acreage: Includes a generous 5-acre lot, an oversized 24x24 two-car garage, and a substantial 1,200 sq ft red iron I-beam metal shop, offering ample space for hobbies, storage, or potential business use.
Panoramic Desert & Mountain Views: Boasts stunning panoramic views of the canyon, desert, and mountains, enhancing the property's aesthetic appeal and providing a serene natural backdrop.
Motivated Seller & Buyer Incentives: The seller is highly motivated and offering to assist with buyer closing costs, presenting a direct financial benefit and negotiation opportunity for prospective buyers.

Cons

As-Is Sale Condition: The property is being sold in 'as-is' condition, which may imply a lack of seller-funded repairs or upgrades, potentially requiring buyer investment post-purchase to address any unforeseen issues.
Significant Price Reduction History: A substantial price drop from the original list price of $649,000 to $449,000 could indicate previous overpricing or market challenges, potentially raising buyer questions about underlying issues or market value.
Age of Residence: Built in 1947, the main residence may require modernization or updates to meet contemporary standards and preferences, despite functional utilities, which could be an additional cost for the buyer.

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