
Morongo Valley, California 92256
This High-Potential Investment Opportunity is listed at a List Price of $399,000—positioned well below the $415,224 Fair Market Value by 3%. This valuation gap offers $16,224 in Instant Equity. Featuring a Condition Rating of 2 with recent modern renovations, the property includes a massive 1,500 sq. ft. workshop and 5 private acres with panoramic views. This unique configuration is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49490 Big Morongo Canyon Road Subject | $399,000* List Price | 1 | 1 | 624 | $665 | - |
A 49490 Big Morongo Canyon Road Active | $399,000 List Price | 1 | 1 | 624 | $639 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1957, the property has undergone a comprehensive recent renovation within the last 5 years. The kitchen and bathroom are fully modernized with updated cabinetry, vessel sinks, and contemporary appliances. The interior features new flooring, modern ceiling fans, and updated wall AC units, all in mint condition. The addition of a large, well-maintained 1,500 sq. ft. steel workshop further confirms the property's excellent status.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 624.
Situated on 5 private hilltop acres at the end of a solar-lit drive, this property offers exceptional privacy and extensive outdoor amenities including trails, a gazebo, and a fire pit.
The inclusion of a 1,500 sq. ft. warehouse/workshop provides massive utility for RV storage, creative studios, or vehicle collections, significantly adding value beyond the primary living space.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 624, other record living area = 1110.
At only 624 sq. ft. with a single bedroom and bathroom, the interior living area is quite small, which may restrict the property's appeal to a very specific buyer demographic.
The significant imbalance between the small residential footprint and the large industrial workshop creates a specialized 'lifestyle' property that may be difficult to finance or appraise compared to traditional homes.
Discover a unique mid-century Western-style retreat on 5 private acres in scenic Morongo Valley, just 2 miles into Big Morongo Canyon. Perched atop a hill at the end of a solar-lit drive, this renovated home offers modern upgrades throughout. Expansive windows and sliders frame sweeping mountain views, while an open floor plan flows into a bright sunroom, library/office, bedroom, and a full bath. A 600 sq. ft. covered veranda provides stunning vistas by day and city lights by night. The wine frig is ready for you to keep a solid supply, so you are ready with a glass of wine for the sunset. The 1,500 sq. ft. warehouse/workshop is ideal for RVs, art studio, dirt toys, storage, or multiple vehicles. Enjoy solar-lit trails, a gazebo, fire pit, and tranquil streamside views. Just minutes from Joshua Tree and Palm Springs, and approx. 2 hours from L.A. Private showings only—please do not go to property without an agent.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 19% |
| Baths | 1.0 | 2.0 | 48% |
| Square foot | 624 | 1,137 | 7% |
| Lot Size | 217,800 | 108,900 | 71% |
| Price | $399.0K | $339.4K | 67% |
| Price per sq ft | $639 | $297 | 98% |
| Built year | 1957 | 1959 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 197 | 5% |
May 28, 2026
$399,000
Initial Listing
Mar 28, 2023
$140,000
Public Record