
Desert Hot Springs, California 92240
This property presents a High-Potential Investment Opportunity with a List Price of $385,900—positioned well below the $321,339 Fair Market Value by -20%. While the home maintains a Fair Condition Rating with original 2000s-era finishes, the expansive 12,632 sqft cul-de-sac lot and solar system provide significant value-add potential. Residents benefit from Mission Lakes Country Club amenities, though the $506 HOA fee and lower-rated local schools warrant consideration. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a project with long-term upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 64859 Smith Court Subject | $385,900* List Price | 3 | 2 | 1,428 | $225 | - |
A 65821 Avenida Ladera Sold | $420,000 | 3 | 2 | 1,650 | $255 | 0.9 mi |
B 9980 Hoylake Road Sold | $310,000 | 2 | 2 | 1,540 | $201 | 0.2 mi |
C 64199 Mount Blanc Court Sold | $415,000 | 3 | 2 | 1,630 | $255 | 0.9 mi |
D 64771 Augusta Avenue Sold | $425,000 | 3 | 3 | 1,749 | $243 | 0.5 mi |
E 64853 Oakmount Boulevard Sold | $305,000 | 3 | 2 | 1,595 | $191 | 0.2 mi |
F 9086 Silver Star Avenue Sold | $410,000 | 3 | 2 | 1,835 | $223 | 0.8 mi |
G 64616 Spyglass Avenue Active | $399,888 List Price | 3 | 2 | 1,575 | $254 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, the property is approximately 24-26 years old and appears to be in mostly original condition. While well-maintained and functional, the kitchen features dated oak cabinetry and white appliances, and the bathrooms retain early-2000s aesthetics like glass block showers and original vanities. It meets the 'Fair' criteria as it is over 20 years old and requires cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 1428.
Located within the Mission Lakes Country Club, residents enjoy premium access to golf, pools, a spa, and a fitness center, offering a high-quality lifestyle.
The property sits on an oversized 12,632 sqft lot at the end of a cul-de-sac, providing exceptional privacy and ample space for outdoor activities or future improvements.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1428, other record living area = 1600.
The $506 monthly association fee is a substantial recurring cost that may impact the overall affordability and appeal for some prospective buyers.
The assigned middle and high schools have lower performance ratings, which may be a concern for families prioritizing educational quality.
Welcome to this single-story home located on a spacious cul-de-sac lot in the Mission Lakes Country Club community! Featuring 3 bedrooms, 2 bathrooms,2 car Garage an open-concept living area with a cozy fireplace, and a large kitchen perfect for entertaining. The oversized lot offers beautifully landscaped outdoor space. Enjoy community amenities including golf, pools, spa, fitness center, clubhouse, and more—all while taking in the surrounding desert and mountain views! Offers solar system.
No exterior & parking available.
Grades 6-8 • 0.7 mi
Grades 9-12 • 1.5 mi
Grades K-12 • 11.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,428 | 1,666 | 29% |
| Lot Size | 12,632 | 7,841 | 94% |
| Price | $385.9K | $399.0K | 44% |
| Price per sq ft | $270 | $245 | 74% |
| Built year | 2000 | 2004 | 43% |
| HOA | $506.0 | $0 | 97% |
| Days on market | 5 | 178 | 1% |
Jun 1, 2026
$385,900
Initial Listing
Mar 10, 2025
$290,000
Public Record
Mar 3, 2000
$9,500
Public Record