67700 Key Way, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 2 bath
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Desert Hot Springs, California 92240
This Brand New 2024 Construction is a Strong Value Opportunity, listed at $499,000—positioned well below the $532,222 Fair Market Value by 6%. This valuation gap offers $33,222 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this home includes a designer kitchen, fully owned solar system, and panoramic mountain views. It offers a turnkey lifestyle for Owner-Occupants seeking modern luxury or Buy-and-Hold Investors looking for a high-efficiency, low-maintenance asset in a growing desert market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 67700 Key Way Subject | $499,000* List Price | 3 | 2 | 2,036 | $261 | - |
A 68055 Calle Cerrito Sold | $494,000 | 3 | 2 | 1,815 | $272 | 0.4 mi |
B 13868 Avenida La Vista Sold | $536,700 | 3 | 2 | 2,054 | $261 | 0.8 mi |
C 67931 Whitney Court Sold | $490,000 | 4 | 2 | 1,895 | $259 | 0.3 mi |
D 13325 Hermano Sold | $405,000 | 4 | 2 | 1,554 | $261 | 0.3 mi |
E 13996 Avenida La Vista Sold | $555,000 | 3 | 3 | 1,918 | $289 | 0.8 mi |
F 13845 Scenic Crest Circle Sold | $557,090 | 4 | 3 | 1,876 | $297 | 0.8 mi |
G 68035 Calle Cerrito Active | $499,000 List Price | 3 | 2 | 1,815 | $275 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2024 construction in mint condition. Features a designer kitchen with high-end cabinetry and stainless appliances, spa-inspired bathrooms with modern fixtures, and brand-new energy-efficient systems including a fully owned solar array.
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 = 2036.
Built in 2024, this custom home features high-end finishes, an open-concept design with soaring ceilings, and a spa-inspired primary suite, offering a turnkey luxury experience.
The property includes a fully owned solar system, providing significant long-term utility savings and increasing the home's overall sustainability and market appeal.
Located outside of a formal development, the property lacks access to shared community amenities like pools or clubhouses often found in nearby desert communities.
Despite its luxury features, the Desert Hot Springs location may be viewed as less prestigious or central by some buyers compared to neighboring Palm Springs.
Brand new construction with breathtaking mountain and city light views! Located in the desirable hillside area of Desert Hot Springs, this stunning custom home offers modern luxury, high-end finishes, and an open-concept design perfect for entertaining. The spacious great room features soaring ceilings, recessed lighting, a sleek linear fireplace, and oversized sliding glass doors that frame incredible panoramic views. The designer kitchen is beautifully appointed with custom cabinetry, stainless steel appliances, a large center island, and contemporary finishes throughout. The luxurious primary suite offers direct patio access, a spa-inspired bathroom with a freestanding soaking tub, oversized walk-in shower, dual vanities, and a custom walk-in closet. Additional bedrooms and bathrooms continue the home's upscale modern design with quality craftsmanship and attention to detail throughout. Exterior features include an amazing custom iron front door, automatic iron security gate, low-maintenance desert landscaping, and a fully owned solar system for energy efficiency and long-term savings. The elevated lot is perfectly positioned to maximize the surrounding mountain and city light views. Conveniently located near Palm Springs, shopping, dining, golf, and spa resorts, this exceptional home combines modern elegance with desert living at its finest. A must-see property!
No exterior & parking available.
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 | 2,036 | 1,672 | 79% |
| Lot Size | 9,148 | 7,841 | 74% |
| Price | $499.0K | $399.0K | 88% |
| Price per sq ft | $245 | $245 | 50% |
| Built year | 2024 | 2004 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 170 | 1% |
May 13, 2026
$499,000
Initial Listing
Sep 15, 2006
$70,000
Public Record
Mar 22, 2006
$13,000
Public Record