49017 Hibiscus Drive, Morongo Valley, California 92256, Morongo Valley, 92256 - 3 bed, 2 bath
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Morongo Valley, California 92256
This property presents a Strong Value Opportunity with a List Price of $329,900—positioned well below the $349,526 Fair Market Value by 5%. This valuation gap offers $19,626 in Instant Equity for buyers. Featuring a 18,000 sqft lot and stunning mountain views, the home has a Fair Condition Rating (4/10), signaling significant potential for value-add renovations. This is a high-reward acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49017 Hibiscus Drive Subject | $329,900* List Price | 3 | 2 | 1,258 | $278 | - |
A 49159 Tamarisk Sold | $375,900 | 3 | 2 | 1,384 | $272 | 0.2 mi |
B 49260 Mojave Sold | $337,500 | 2 | 2 | 1,328 | $254 | 0.3 mi |
C 49399 Conejo Sold | $285,000 | 2 | 2 | 931 | $306 | 0.9 mi |
D 49116 Hibiscus Active | $314,500 List Price | 3 | 2 | 1,128 | $279 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978 (46 years old) with no mention of recent renovations to major systems or kitchen/baths. Interior shows dated tile and finishes, while the exterior displays a worn driveway and older roof. The listing's emphasis on 'potential' suggests the home requires cosmetic updates and likely system maintenance to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18000, living area = 1258.
The property features a generous 18,000 sqft lot, providing significant space for outdoor customization, gardening, or the addition of an ADU.
Positioned to capture stunning mountain vistas, the home offers a serene desert backdrop that enhances its overall appeal and marketability.
Built in 1978, the home likely requires cosmetic or functional updates to meet modern standards, as suggested by its 'exceptional potential' description.
Located outside of a formal development in Morongo Valley, the property may lack immediate proximity to major shopping, dining, and urban services.
Experience the beauty of Morongo Valley in this spacious 3bedroom, 2bathroom home featuring stunning mountain views and a generous backyard with endless possibilities. The interior offers an open layout with plenty of natural light, creating a comfortable setting for everyday living. Outside, the expansive yard with a covered patio provides room to relax, garden, or design your ideal outdoor space. Located just a short drive from Palm Springs, this property combines peaceful desert living with convenient access to nearby amenities. A great opportunity with exceptional potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 52% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,258 | 1,169 | 60% |
| Lot Size | 18,000 | 108,900 | 14% |
| Price | $329.9K | $337.0K | 45% |
| Price per sq ft | $262 | $295 | 36% |
| Built year | 1978 | 1959 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 193 | 5% |
May 16, 2026
$329,900
Initial Listing
Jun 28, 2019
$210,000
Public Record
May 16, 2019
$300,000
Public Record
Sep 16, 2004
$190,000
Public Record