49027 Hibiscus Drive, Morongo Valley, California 92256, Morongo Valley, 92256 - 4 bed, 3 bath
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Morongo Valley, California 92256
This property presents a Strong Value Opportunity with a List Price of $419,999—positioned well below the $443,133 Fair Market Value by 5%. This valuation gap offers $23,134 in Instant Equity for the buyer. Featuring a 4-bedroom, 3-bathroom layout on a massive 18,000 sqft lot with a spa and patio, the home offers significant potential. While the Condition Rating of 4 indicates a need for cosmetic updates, the functional floorplan makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49027 Hibiscus Drive Subject | $409,000* List Price | 4 | 3 | 2,008 | $204 | - |
A 49017 Hibiscus Drive Active | $329,900 List Price | 3 | 2 | 1,258 | $262 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the property features some modern updates including newer laminate flooring and a relatively recent roof with solar panels. However, the bathrooms are significantly dated with older tile work and fixtures, and one bathroom shows visible wall bubbling/damage suggesting moisture issues. While functional and 'move-in ready' as per the description, the home requires cosmetic modernization and minor repairs to meet current 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 = 1894.
The property features a generous 4-bedroom, 3-bathroom configuration across 1,894 square feet, offering an open floorplan and abundant storage that is highly desirable for families.
Situated on a large 18,000-square-foot lot, the property provides significant outdoor space and privacy, offering tremendous potential for landscaping, ADUs, or recreational use.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1894, other record living area = 1494. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property has undergone two price reductions within its first 38 days on the market, which may signal that the initial list price was disconnected from current market demand.
Built in 1964, the home may require ongoing maintenance or future capital improvements to aging systems and infrastructure typical of a 60-year-old residence.
GREAT LOCATION IN MORONGO VALLEY !!!!! 4 Bedroom 3 Bathroom in MOVE IN READY CONDITION......... very functional and open floorplan with lots, lots of storage. Do not miss out on this opportunity. This is a great property with tremendous potential. Come see it today....................................................
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 1.0 |
| Square foot | 2,008 | 1,071.5 |
| Lot Size | 18,000 | 34,015 |
| Price | $409.0K | $370.8K |
| Price per sq ft | $204 | $292 |
| Built year | 1964 | 1962 |
| HOA | $0 | $0 |
| Days on market | 71 | 105 |
Jul 17, 2026
$409,000
$419,999
-3% Price Drop
Initial Listing
Jun 14, 2026
$419,999
$439,900
-5% Price Drop
Initial Listing
Jun 1, 2026
$439,900
$449,900
-2% Price Drop
Initial Listing
May 12, 2026
$449,900
Initial Listing