
Morongo Valley, California 92256
This Charming Desert Retreat is a High-Potential Investment Opportunity, listed at $349,000—positioned well below the $390,000 Fair Market Value by 11%. This valuation gap offers $41,000 in Instant Equity. The property features an Updated Kitchen with butcher block counters and energy-efficient Solar with Tesla Batteries. Boasting a Move-In Ready Condition Rating, the home offers Mountain Views and a large lot near Morongo Unified schools. This is an ideal acquisition for Owner-Occupants or Short-Term Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48831 Garden Drive Subject | $339,000* List Price | 3 | 2 | 1,485 | $228 | - |
A 49260 Mojave Sold | $337,500 | 2 | 2 | 1,328 | $254 | 0.7 mi |
B 11365 Hess Boulevard Active | $405,000 List Price | 3 | 2 | 1,424 | $284 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1954, the property is move-in ready with significant recent updates. The kitchen has been refreshed with modern butcher block countertops, a black farmhouse-style sink, and stainless steel appliances. Major system upgrades include a new electrical panel, solar panels with Tesla batteries, and individual mini-split AC units. While some vintage elements like popcorn ceilings and older cabinet profiles remain, the home is well-maintained with updated bathrooms and clear termite/septic reports.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13875, living area = 1485.
Priced at $349,000 with a recent appraisal of $390,000, this property offers immediate built-in equity for the buyer.
The home is equipped with solar panels, Tesla batteries, and a new electric panel, significantly reducing utility costs and providing modern power backup.
Built in 1954, the property may have underlying structural or plumbing elements that reflect its age despite recent cosmetic and electrical updates.
The reliance on individual mini-split units in bedrooms rather than a centralized HVAC system may result in uneven cooling throughout the common living areas.
Multiple price reductions since the initial listing suggest the property has faced challenges in securing a buyer at previous price points.
Clear Termite! Clear Septic and appraised for $390,000! Priced to sell! This charming Morongo Valley property is a true desert retreat, perfect as your full-time sanctuary or even a potential Airbnb. Featuring 3 spacious bedrooms, 2 bathrooms, and generous storage, the home combines comfort with thoughtful updates throughout. The open layout, enhanced by a cozy wood-burning stove, creates a warm and welcoming atmosphere from the moment you step through the new front door. The kitchen has been refreshed with newly stained cabinets, butcher block countertops, a sleek black sink, and stainless-steel appliances. The primary suite feels like a private getaway, offering a sitting area, walk-in closet, and en-suite bath. An updated guest bathroom and two additional bedrooms—each with large closets, carpeting, ceiling fans, and individual mini-split AC units—ensure visitors feel right at home. French doors open to a beautiful wood deck overlooking a fully fenced backyard oasis. Mature landscaping, including a lemon tree, creates a tranquil setting with walking paths that wind between the home and garage. Energy efficiency is built in, with solar panels, Tesla batteries, and a new electric panel keeping utility costs low. Conveniently located less than 10 minutes from Big Morongo Canyon Preserve, local hiking trails, and the I-10 freeway—and under 30 minutes from downtown Palm Springs—this home offers the perfect balance of peaceful living and easy access to amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 54% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,485 | 1,222 | 69% |
| Lot Size | 13,875 | 108,900 | 13% |
| Price | $339.0K | $349.0K | 49% |
| Price per sq ft | $228 | $277 | 21% |
| Built year | 1954 | 1959 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 207 | 176 | 64% |
Apr 15, 2026
$339,000
$349,000
-3% Price Drop
Initial Listing
Feb 14, 2026
$349,000
$359,900
-3% Price Drop
Initial Listing
Jan 13, 2026
$359,900
$380,000
-5% Price Drop
Initial Listing
Nov 15, 2025
$380,000
$374,900
+1% Price Increase
Initial Listing
Sep 27, 2025
$374,900
Initial Listing