
Morongo Valley, California 92256
This property presents a High-Potential Investment Opportunity with a List Price of $329,900, currently aligned with its $329,900 Fair Market Value. While the home maintains a Fair Condition Rating (5/10), its expansive 18,000-square-foot lot and panoramic Mountain Views provide a rare foundation for value-add renovations. The open floor plan offers a functional canvas for modernization, making this an ideal project for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through strategic cosmetic updates in a peaceful, high-demand desert setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49017 Hibiscus Drive Subject 3 bd · 2 ba · 1,258 sqft · $262 | $329,900* List Price | 3 | 2 | 1,258 | $262 | - |
A 49399 Conejo Sold 2 bd · 2 ba · 931 sqft · $306 · 0.9 mi | $285,000 | 2 | 2 | 931 | $306 | 0.9 mi |
B 49116 Hibiscus Active 3 bd · 2 ba · 1,128 sqft · $279 · 0.1 mi | $314,500 List Price | 3 | 2 | 1,128 | $279 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1978 (46 years old) with no mention of recent renovations. The interior shows dated finishes like popcorn ceilings and older flooring, while the exterior driveway is deteriorating. The description's focus on 'exceptional potential' typically indicates a need for significant cosmetic and system updates.
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 offers stunning, unobstructed mountain views that capture the essence of Morongo Valley's natural beauty, significantly enhancing its aesthetic appeal.
Situated on a generous 18,000-square-foot lot, the property provides ample space for outdoor living, gardening, or future expansions, offering rare privacy and versatility.
With 122 days on the market, the property has faced a prolonged listing period, which may suggest a misalignment between the current asking price and buyer expectations.
Built in 1978, the home likely requires modern cosmetic updates and potential system upgrades to compete with newer or fully renovated residences in the area.
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 |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 2.0 | 1.6 |
| Square foot | 1,258 | 1,135.286 |
| Lot Size | 18,000 | 62,426 |
| Price | $329.9K | $344.0K |
| Price per sq ft | $262 | $301 |
| Built year | 1978 | 1963 |
| HOA | $0 | $0 |
| Days on market | 161 | 92 |
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