66231 3rd Street, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 4 bed, 2 bath

66231 3rd Street, Desert Hot Springs, California 92240 home-pic-0
ACTIVE$435,000
66231 3rd Street, Desert Hot Springs, California 92240
4Beds
2Baths
1,653Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($435,000) is $0 (0%) lower than the list price ($435,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Construction: The home is newly built (Year Built 2025) and nearing completion, offering modern standards, fresh aesthetics, and minimal immediate maintenance concerns.
Top Cons:
History of Price Reductions: Multiple price drops from the original list price may signal initial overpricing or challenges in market absorption, potentially raising buyer questions about value.

Compared to the nearby listings

Price:$435.0K vs avg $400.0K (+$35,000)64%
Size:1,653 sqft vs avg 1,627 sqft54%
Price/sqft:$263 vs avg $25460%

More Insights

Built in 2025 (0 years old).
Condition: This property is a brand-new construction, built in 2025, and is described as being 'days from all the final touches.' It features modern design elements including new laminate wood flooring, stylish tile in bathrooms with glass sliding doors, high ceilings, recessed lighting, and a kitchen with quartz countertops and white cabinetry. All components are new or virtually new, meeting current quality standards, and it even includes paid solar panels, indicating top-tier condition with no deferred maintenance.
Year Built
2025
Close
-
List price
$435K
Original List price
$475K
Price/Sqft
$263
HOA
-
Days on market
-
Sold On
-
MLS number
IV25139749
Home ConditionExcellent
Features
Good View:
Patio
View

About this home

This home is now days from all the final touches! Featuring 4-bedrooms, 2-bathrooms this home in Desert Hot Springs is a perfect blend of modern design and peaceful living. Located near Desert Hot Springs High School, the home offers spacious rooms with high ceilings, recessed lighting, and a warm yet modern atmosphere. It features laminate wood flooring throughout the living areas and stylish tile flooring in the bathrooms, which include glass sliding doors in the showers. The kitchen boasts quartz countertops, white cabinetry, and ample storage space, making it ideal for both cooking and entertaining. Did we mention this home has paid solar panels that will result in huge savings on your electric bill? The master suite includes a large bath with a dual-sink vanity, offering both comfort and luxury. Located in a growing community, this home provides both style and affordability. Financing options are available, including FHA and VA, and incentives may be offered. Don't miss the chance to make this beautiful home yours! Best of all, this home has no HOA fees. Don't wait, come see this home asap!

Condition Rating
Excellent

This property is a brand-new construction, built in 2025, and is described as being 'days from all the final touches.' It features modern design elements including new laminate wood flooring, stylish tile in bathrooms with glass sliding doors, high ceilings, recessed lighting, and a kitchen with quartz countertops and white cabinetry. All components are new or virtually new, meeting current quality standards, and it even includes paid solar panels, indicating top-tier condition with no deferred maintenance.
Pros & Cons

Pros

Brand New Construction: The home is newly built (Year Built 2025) and nearing completion, offering modern standards, fresh aesthetics, and minimal immediate maintenance concerns.
Significant Energy Savings: Equipped with paid solar panels, providing substantial savings on electricity bills, a highly attractive feature in the desert climate.
No HOA Fees: Absence of Homeowners Association fees offers financial freedom and avoids restrictive community rules, enhancing long-term affordability.
Modern & Upgraded Interiors: Features high ceilings, recessed lighting, contemporary flooring (laminate/tile), quartz countertops, white cabinetry, and a dual-sink master vanity, appealing to modern tastes.
Accessible Financing Options: Availability of FHA and VA financing, along with potential incentives, broadens the buyer pool and makes the property more attainable for various purchasers.

Cons

History of Price Reductions: Multiple price drops from the original list price may signal initial overpricing or challenges in market absorption, potentially raising buyer questions about value.
Limited Outdoor Amenity Details: The description lacks specific information regarding the backyard, landscaping, or outdoor living spaces, which are often key considerations for buyers in this climate.
Developing Community & Location Perception: While growing, Desert Hot Springs may have a specific market perception that could limit appeal for some buyers seeking more established or amenity-rich areas within the Coachella Valley. Proximity to a high school could also be a minor concern for some.

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