
Desert Hot Springs, California 92240
This Functional Value-Add Residence is listed at $384,999, positioned near its $376,155 Fair Market Value. The property maintains a Condition Score of 4, featuring original 2000s finishes that offer a clear opportunity for forced appreciation through cosmetic updates. The expansive 9,148 sqft Oversized Lot includes RV Parking, a large covered patio, and unobstructed Mountain Views. Located in the Palm Springs Unified district near Painted Hills Middle School, this home offers financial stability with no HOA fees. It is a strategic choice for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 65617 Avenida Cadena Subject | $384,999* List Price | 3 | 2 | 1,399 | $256 | - |
A 65821 Avenida Ladera Sold | $420,000 | 3 | 2 | 1,650 | $255 | 0.2 mi |
B 65537 Avenida Dorado Sold | $429,000 | 3 | 2 | 1,514 | $283 | 0.1 mi |
C 9095 Calle Barranca Sold | $435,000 | 3 | 2 | 1,739 | $250 | 0.5 mi |
D 9375 Santa Cruz Road Sold | $379,000 | 3 | 2 | 1,732 | $219 | 0.8 mi |
E 66304 8th Street Sold | $374,900 | 3 | 2 | 1,595 | $235 | 0.9 mi |
F 65861 Avenida Barona Pending | $365,000 List Price | 3 | 2 | 1,200 | $304 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, this property is well-maintained but largely retains its original interior finishes, particularly in the kitchen and bathrooms. The kitchen features dated oak cabinets, laminate countertops, and older appliances (though the dishwasher appears newer), along with outdated fluorescent lighting. Bathrooms also show original vanities, fixtures, and lighting. While some flooring has been updated to laminate, the overall aesthetic is functional but significantly outdated, requiring cosmetic updates to meet current buyer expectations. Major systems appear functional, but the property shows signs of being aged and would benefit from modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1399.
The property offers excellent walkability to local schools and parks, combined with convenient access to shopping, dining, golf, and major freeways.
The absence of an HOA means no recurring fees or restrictive community rules, offering greater freedom and cost savings for homeowners.
While conveniently located near schools, the closest middle and high schools have relatively low ratings (2 and 3 respectively), which may be a consideration for families prioritizing top-tier educational institutions.
The property description focuses heavily on exterior features and location, with no mention of recent interior upgrades, suggesting the interior might be original to its 2000 build and could require modernization to meet current buyer expectations.
Desert Hot Springs, while offering affordability, can sometimes face a perception challenge compared to more upscale neighboring communities, which might influence buyer interest and long-term appreciation.
This home is the one for you! Walking distance to the local schools and parks, this home is tucked away in the small community of Rancho Del Oro. The community has no HOA and is located close to shopping, dining, golf, and freeway access.Situated on an oversized lot with a HUGE backyard that boasts mature landscaping and mountain views, you're sure to enjoy the outdoor living space complete with a large covered patio. The front landscaping is low maintenance and there is even RV parking! This home is the perfect second home for you snowbirds, or first home the first time buyers! Schedule your showing today! If pre-approved through Jarrod Leitch at Franklin Loan Center, you will receive a free appraisal credit at close of escrow. Go to: www.franklinlc.com/jleitch for application!
No exterior & parking available.
Grades 6-8 • 0.2 mi
Grades 9-12 • 1.2 mi
Grades K-12 • 11.2 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 | 1,399 | 1,675 | 25% |
| Lot Size | 9,148 | 7,841 | 72% |
| Price | $385.0K | $400.0K | 38% |
| Price per sq ft | $275 | $244 | 74% |
| Built year | 2000 | 2004 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 188 | 20% |
Jan 5, 2026
$384,999
Initial Listing
Jan 12, 2001
$122,500
Public Record