49440 Conejo, Morongo Valley, California 92256, Morongo Valley, 92256 - 2 bed, 2 bath
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Morongo Valley, California 92256
This Renovated Single-Family Residence is a Strong Value Opportunity, listed at $414,000—positioned well below the $455,434 Fair Market Value by 9%. This valuation gap offers $41,434 in Instant Equity for the buyer. Featuring a Condition Rating of 2 with a complete top-to-bottom renovation, the home offers a flexible floor plan and unobstructed panoramic mountain views. This property is an ideal acquisition for Owner-Occupants seeking a move-in-ready sanctuary or Buy-and-Hold Investors looking for a high-quality, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49440 Conejo Subject | $414,000* List Price | 2 | 2 | 1,838 | $248 | - |
A 11052 West Sold | $444,000 | 3 | 2 | 1,700 | $261 | 1.0 mi |
B 10924 Hess Boulevard Pending | $360,000 List Price | 3 | 2 | 1,400 | $257 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1964, the property has undergone a complete top-to-bottom renovation within the last year. The interior features modern LVP flooring, fresh paint, and updated hardware. The bathroom is fully remodeled with contemporary large-format tiling and a rain shower head, meeting the criteria for a high-end renovation under 5 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8400, living area = 1838.
The property has been recently updated from top to bottom with modern finishes and stylish touches, offering a move-in-ready experience that appeals to contemporary buyers.
With 1,838 square feet of living space, the flexible layout provides the unique opportunity to easily convert the current two-bedroom configuration into a three-bedroom home to suit various needs.
Despite the recent aesthetic renovations, the original 1964 construction may still feature older underlying systems or structural elements that could require future maintenance compared to newer builds.
While the 8,400 square foot lot offers potential, it is relatively small for the Morongo Valley market where buyers often seek larger acreage for increased privacy or rural utility.
Welcome to this beautifully renovated home in the peaceful community of Morongo Valley! This move-in-ready property features 2 spacious bedrooms and 2 full bathrooms, with a flexible floor plan that can easily be converted into a 3-bedroom home to fit your needs. Recently renovated from top to bottom, the home offers a fresh, modern feel with stylish finishes throughout. The open layout creates a bright and inviting living space that’s perfect for both everyday living and entertaining. Step outside to a generously sized backyard with endless possibilities—create your dream outdoor retreat, add a garden, build a workshop, or simply enjoy the wide-open space under the desert sky. Whether you’re looking for a full-time residence, a weekend getaway, or an investment opportunity, this beautifully updated home combines comfort, flexibility, and charm in a desirable Morongo Valley location. Don’t miss your chance to make it yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 1,838 | 1,071.5 |
| Lot Size | 8,400 | 34,015 |
| Price | $414.0K | $370.8K |
| Price per sq ft | $225 | $292 |
| Built year | 1964 | 1962 |
| HOA | $0 | $0 |
| Days on market | 11 | 105 |
Jul 11, 2026
$414,000
Initial Listing
Apr 26, 2024
$320,000
Public Record
Oct 31, 2023
$165,000
Public Record
Oct 30, 2023
$150,000
Public Record
Feb 10, 2023
$135,000
Public Record