66933 San Felipe Road, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 2 bath
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Desert Hot Springs, California 92240
This Turnkey Single-Family Residence represents a Prime Investment Opportunity, listed at $379,000—positioned well below the $398,403 Fair Market Value by 4%. This valuation gap provides $19,403 in Instant Equity for buyers. Maintaining a Condition Rating of 3, the 2003-built home features scenic valley views, an oversized patio, and a newer A/C unit. While local schools show lower performance ratings, the property’s high lot utilization and short-term rental potential offer significant financial upside. This is an ideal acquisition for Owner-Occupants or Short-Term Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 66933 San Felipe Road Subject | $379,000* List Price | 3 | 2 | 1,545 | $258 | - |
A 10683 Ambrosio Drive Sold | $370,000 | 4 | 2 | 1,439 | $257 | 0.2 mi |
B 10421 Verbena Drive Sold | $379,000 | 3 | 2 | 1,543 | $246 | 0.1 mi |
C 11620 Ambrosio Drive Sold | $435,000 | 3 | 2 | 1,517 | $287 | 0.7 mi |
D 9375 Santa Cruz Road Sold | $379,000 | 3 | 2 | 1,732 | $219 | 0.7 mi |
E 9724 Valencia Drive Sold | $370,000 | 3 | 2 | 1,591 | $233 | 0.4 mi |
F 11844 Verbena Sold | $350,000 | 4 | 2 | 1,718 | $204 | 0.8 mi |
G 66758 Yucca Drive Active | $449,000 List Price | 3 | 2 | 1,806 | $249 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and appears well-maintained since its 2003 construction. While the kitchen and bathrooms feature original builder-grade finishes—such as oak cabinetry, tile countertops, and white appliances—that are stylistically dated, they are functional and show minimal wear. The home benefits from a newer A/C unit, durable tile flooring in the main living areas, and a well-preserved exterior and patio, meeting the criteria for a well-maintained home within the 10-20 year age range.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1545.
The property features an oversized patio that offers stunning, unobstructed views of the valley and desert landscape, significantly enhancing its outdoor living appeal.
This move-in ready home boasts a newer A/C unit, durable tile flooring, and the added convenience of most furnishings being included, allowing for a seamless transition.
The local assigned middle and high schools have low performance ratings (2/10 and 3/10), which may be a concern for families and impact future resale value.
As the home is not located within a formal development, it lacks the security of a gated community and access to shared amenities like a pool or clubhouse.
New Listing Great Opportunity! Now is still a great time to buy! This charming 3-bedroom, 2-bath home offers beautiful valley views right from the backyard. Featuring tile flooring throughout with comfortable carpet in the bedrooms, this home is move-in ready and full of potential perfect as your dream home or even a possible short-term vacation rental (buyer to verify with the city).Most furnishings may be included, making this an easy and convenient transition. The home also includes a newer A/C unit and additional upgrades throughout. Step outside to an oversized patio, ideal for relaxing or entertaining while taking in the stunning valley views. From the moment you walk in, you'll feel the warmth and comfort that truly makes this house feel like home.
No exterior & parking available.
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.4 mi
Grades K-12 • 11.0 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 | 1,545 | 1,673.5 | 39% |
| Lot Size | 8,276 | 7,841 | 60% |
| Price | $379.0K | $400.0K | 38% |
| Price per sq ft | $245 | $243 | 53% |
| Built year | 2003 | 2004 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 190 | 1% |
Mar 28, 2026
$379,000
Initial Listing
Jun 11, 2003
$46,000
Public Record