66375 Flora Avenue, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 3 bath
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Desert Hot Springs, California 92240
This Mid-Century Modern Desert Retreat is a High-Potential Investment Opportunity, listed at $429,000—positioned well below the $491,896 Fair Market Value by 12%. This valuation gap provides $62,896 in Instant Equity. The home is in Move-in Ready Condition, featuring polished concrete floors, exposed beam ceilings, and a resort-style backyard with a private pool and mountain views. With its ADU potential and history as a successful rental, it offers both lifestyle luxury and financial upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stylish, value-driven asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 66375 Flora Avenue Subject | $419,000* List Price | 3 | 3 | 1,954 | $220 | - |
A 66262 4th Street Sold | $358,000 | 3 | 3 | 1,889 | $190 | 0.7 mi |
B 67285 Pierson Boulevard Unit A & B Sold | $395,000 | 4 | 4 | 1,992 | $198 | 1.0 mi |
C 13895 Del Ray Sold | $395,000 | 3 | 2 | 1,554 | $254 | 0.7 mi |
D 66176 Desert View Avenue Active | $399,900 List Price | 3 | 2 | 1,532 | $261 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring desirable Mid-Century Modern elements such as polished concrete floors and exposed beam ceilings. While originally built in 1960, the home has been updated with stainless steel kitchen appliances, a custom tile backsplash, and functional bathroom finishes. The overall condition is consistent with a well-kept short-term rental, showing minimal wear and tear and requiring no immediate major renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 1954.
The home features highly desirable architectural elements including exposed beam ceilings and polished concrete floors, offering a stylish 'Palm Springs vibe' that appeals to modern buyers.
Situated on a large 13,068 sq ft lot, the property includes a private pool with a slide and mountain views, providing an exceptional outdoor entertaining space.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1960, the property may have underlying maintenance requirements or aging systems common in older desert homes that could necessitate future capital investment.
While close to Palm Springs, the property is located in Desert Hot Springs, which historically commands lower price points and different market dynamics than its more famous neighbor.
A RARE OPPORTUNITY to own a spacious Mid-Century Modern-inspired desert retreat just minutes from Palm Springs, set on an expansive 13,068 sq ft lot! UNA OPORTUNIDAD UNICA de adquirir un amplio refugio en el desierto con inspiracion Mid-Century Modern, ubicado a solo minutos de Palm Springs y situado en un amplio terreno de 13,060 pies cuadrados!!Professional photos coming soon. Stay tuned for updated images showcasing this beautiful property!! This beautifully designed 1,954 s.f. home offers 3 bedrooms and 3 bathrooms, with each bedroom featuring ample space, providing comfort, privacy, and flexibility for a variety of living arrangements.The home showcases Mid-Century Modern and Contemporary Desert design elements, including exposed beam ceilings, polished concrete flooring, and an open-concept layout that creates a seamless indoor-outdoor living experience. Large windows fill the home with natural light while offering views of the inviting backyard.The spacious kitchen features stainless steel appliances, gas range, custom tile backsplash, and abundant cabinetry, making it ideal for everyday living and entertaining.Step outside to a resort-style backyard complete with a private swimming pool, fun pool slide, expansive patio areas, and beautiful mountain views--perfect for relaxing or hosting gatherings. The gated front entrance and oversized driveway provide privacy and ample parking.With ADU potential and a layout that offers incredible versatility, this property presents endless possibilities--whether as a primary residence, vacation retreat, income property, or short-term rental investment (previously operated as an Airbnb).Additional highlights include: Covered patio, Vaulted and exposed beam ceilings,Polished concrete and designer flooring, Desert landscaping, Expansive outdoor entertaining spaces, Abundant natural light throughout.Experience the charm of desert living with a distinctive Palm Springs vibe!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 79% |
| Square foot | 1,954 | 1,687 | 74% |
| Lot Size | 13,068 | 7,841 | 93% |
| Price | $419.0K | $400.0K | 60% |
| Price per sq ft | $214 | $244 | 25% |
| Built year | 1960 | 2004 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 188 | 1% |
Apr 2, 2026
$419,000
$429,000
-2% Price Drop
Initial Listing
Mar 4, 2026
$429,000
Initial Listing
Sep 3, 2019
$130,000
Public Record
Jul 11, 2002
$76,000
Public Record