62892 Loftwood Street, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 4 bed, 2 bath

62892 Loftwood Street
Desert Hot Springs, California 92240
Property Price
SUMMARY
Analysis of 62892 Loftwood Street, Desert Hot Springs, California 92240 reveals a Fairly Priced Property with a current list price of $440,000 aligned with the estimated $440,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Desert Hot Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 62892 Loftwood Street Subject | $440,000* List Price | 4 | 2 | 2,088 | $211 | - |
A 11319 Inspiration Drive Sold | $394,018 | 4 | 2 | 1,692 | $233 | 0.3 mi |
B 11270 Skyvista Drive Sold | $407,062 | 4 | 2 | 1,692 | $241 | 0.2 mi |
C 62802 N Crescent Street Sold | $525,000 | 5 | 3 | 2,200 | $239 | 0.1 mi |
D 11369 N Star Lane Sold | $448,676 | 4 | 3 | 2,409 | $186 | 0.3 mi |
E 11689 S Crescent Street Sold | $435,000 | 3 | 2 | 1,946 | $224 | 0.2 mi |
F 11305 Inspiration Drive Sold | $416,118 | 4 | 2 | 1,692 | $246 | 0.3 mi |
G 62576 Starloft Circle Active | $473,632 List Price | 4 | 3 | 2,409 | $197 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2021, placing it well within the 10-year threshold for an excellent rating. As a nearly new construction, it features modern open-concept living, energy-efficient solar panels, contemporary kitchen cabinetry, and updated fixtures. The home is move-in ready with no deferred maintenance and reflects current architectural styles and quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency & Modern Build
Constructed in 2021, this move-in-ready home features energy-saving solar panels and modern construction standards, offering significant long-term utility savings and minimal immediate maintenance.
- Premium Community Amenities
Located in the Skyborne master-planned community, residents enjoy access to two pools, spas, tennis courts, and a dog park, all maintained for a relatively low monthly HOA fee of $155.
- Functional Layout & Privacy
The single-story, open-concept floor plan is situated on a quiet cul-de-sac and includes a private owner's suite and a fully landscaped backyard with a covered patio, ideal for the desert lifestyle.
CONSRISKS & DEFICIENCIES
- Local School Ratings
The property is served by schools with lower performance ratings, such as Painted Hills Middle School (rated 2/10), which may impact appeal for education-focused families.
- Market Pricing Volatility
The listing has undergone multiple price reductions from its original $480,000 asking price, suggesting a need for more aggressive market positioning to overcome local demand challenges.
About 62892 Loftwood Street
New Single-Story Home in the Skyborne Community – Desert Hot Springs, CA is completely move in ready and on a Cul-de-sac! Welcome to this beautifully designed newly constructed home located in the sought-after Skyborne master-planned community. Featuring a thoughtfully laid-out single-story floor plan, Solar Panels for energy savings, fully landscaped back and front yards, this residence offers the perfect blend of comfort, convenience, and style. Inside, you’ll find three spacious secondary bedrooms located off the entry, ideal for family members, guests, or a home office setup. The heart of the home is an open-concept living area that seamlessly integrates the kitchen, dining, and great room—perfect for both everyday living and entertaining. Sliding doors lead to a private Covered patio, with large backyard, extending your living space outdoors for effortless desert lifestyle enjoyment. The owner’s suite is privately situated in the rear corner of the home, complete with a walk-in closet and an en-suite bathroom for ultimate comfort and privacy. Located in Ara, a new collection of single-family homes, residents will enjoy access to community amenities, including a community park, 2 pools, spas, tennis courts and dog park. low HOA fees, and a prime location just 10 minutes from vibrant Palm Springs. Enjoy nearby shopping, dining, and outdoor recreation—including the iconic mineral springs and easy access to Joshua Tree National Park, just an hour away. This is an excellent opportunity for first-time buyers, families, or anyone looking for a low-maintenance home in a growing community.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2021
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $155.0 / Month
Neighborhood Insights
Desert Hot Springs Unified Schools
Two Bunch Palms Elementary School
Grades K-5 • 3.4 mi
Painted Hills Middle School
Grades 6-8 • 2.9 mi
Desert Hot Springs High School
Grades 9-12 • 2.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,088 | 1,683 | 81% |
| Lot Size | 6,098 | 7,841 | 11% |
| Price | $440.0K | $405.0K | 63% |
| Price per sq ft | $211 | $249 | 21% |
| Built year | 2021 | 2004 | 76% |
| HOA | $155.0 | $0 | 70% |
| Days on market | 301 | 199 | 88% |
Pricing History
Listed for Sale
Nov 25, 2025
$440,000
$464,100
-5% Price Drop
Initial Listing
Price Change
Oct 24, 2025
$464,100
$464,990
+0% Price Increase
Initial Listing
Price Change
Aug 20, 2025
$464,990
Initial Listing
Price Change
May 10, 2025
$480,000
Initial Listing








































