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67972 Monterico Road, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 3 bath

67972 Monterico Road, Desert Hot Springs, California 92240 home-pic-0
ACTIVE$850,000$2,344/sqft
Est. Value: $832,580
-2%
FairlyEstimate
67972 Monterico Road, Desert Hot Springs, California 92240
3Beds
3Baths
2,344Sqft
14,375Lot

Price Vs. Estimate

The estimated value ($832,579.975) is $17,420.025 (2%) lower than the list price ($850,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14375, living area = 2344.
Top Cons:
Leased Solar Panels: While beneficial for energy savings, the solar panels are leased, which entails an ongoing monthly payment and may require a lease transfer or buyout for new owners, potentially impacting financing.

Compared to the nearby listings

Price:$850.0K vs avg $405.0K (+$445,000)100%
Size:2,344 sqft vs avg 1,643 sqft92%
Price/sqft:$363 vs avg $25198%

More Insights

Built in 2006 (20 years old).
Condition: Built in 2006, this property is well-maintained and move-in ready, aligning with the 'Good' score criteria. The kitchen features granite countertops and stainless steel appliances, which are functional and in good condition, though the cabinet style is more traditional than modern. Bathrooms are clean with granite vanities, but some fixtures appear slightly dated. The property benefits from recent upgrades like a newly built pool and spa, modern landscaping, and updated flooring in some areas, along with recessed lighting. While not extensively renovated to meet 'Excellent' standards, it requires no immediate repairs and offers a comfortable living experience.
Year Built
2006
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$363
HOA
-
Days on market
-
Sold On
-
MLS number
BB25276203
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood
Pool
Spa
Patio
ViewMountain(s), Neighborhood

About this home

Turnkey desert oasis with resort-style backyard, pool, and solar. Welcome to 67972 Monterico Road, a beautifully maintained and thoughtfully upgraded single-family home offering the perfect blend of comfort, style, and outdoor living. This 2,344 sq ft residence features 3 bedrooms, 2.5 bathrooms, and a 3-car attached garage, all set on a spacious lot designed for entertaining and relaxation. The backyard is truly the star of the home, featuring a newly built pool and spa, expansive concrete paver walkways with turf inlays, and redesigned, low-maintenance landscaping, along with multiple covered patio areas and pergolas that create ideal spaces for lounging, dining, and hosting gatherings year-round, all framed by mountain views and mature palm trees for a true resort-style feel. Inside, the home offers a bright and open layout with high ceilings, recessed lighting, and abundant natural light, while the kitchen is both functional and inviting with granite countertops, ample cabinetry, stainless steel appliances, and a large island perfect for casual dining or entertaining. Living areas flow seamlessly to the outdoor spaces, enhancing the indoor-outdoor lifestyle. The home is being offered fully furnished, making it move-in ready for a primary residence, vacation home, or investment opportunity, and leased solar panels add energy efficiency and help offset utility costs. Located in a desirable Desert Hot Springs neighborhood just minutes from Palm Springs, shopping, dining, and outdoor recreation, this property offers the best of desert living with modern convenience and is a rare opportunity to own a turnkey home with exceptional outdoor amenities.

O
Oganes Yepremyan
Listing Agent

Price History

Date
Event
Price
12/07/22
Sold
$460,000
07/31/09
Sold
$160,000
Condition Rating
Good
Built in 2006, this property is well-maintained and move-in ready, aligning with the 'Good' score criteria. The kitchen features granite countertops and stainless steel appliances, which are functional and in good condition, though the cabinet style is more traditional than modern. Bathrooms are clean with granite vanities, but some fixtures appear slightly dated. The property benefits from recent upgrades like a newly built pool and spa, modern landscaping, and updated flooring in some areas, along with recessed lighting. While not extensively renovated to meet 'Excellent' standards, it requires no immediate repairs and offers a comfortable living experience.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14375, living area = 2344.
Resort-Style Outdoor Living: The property features an exceptional resort-style backyard with a newly built pool and spa, extensive concrete paver walkways, low-maintenance landscaping, multiple covered patio areas, and pergolas, all framed by mountain views.
Turnkey & Fully Furnished: Offered fully furnished and move-in ready, this home is ideal for immediate use as a primary residence, vacation home, or investment property without additional setup costs.
Energy Efficiency: Leased solar panels provide significant energy efficiency, helping to offset utility costs and reduce the environmental footprint of the home.
Modern & Upgraded Interior: The interior boasts a beautifully maintained and thoughtfully upgraded design with an open layout, high ceilings, abundant natural light, and a functional kitchen featuring granite countertops, stainless steel appliances, and a large island.
Spacious Layout & Garage: With 2,344 sq ft, 3 bedrooms, 2.5 bathrooms, and a 3-car attached garage, the home offers ample living space and practical utility for families or guests.

Cons

Leased Solar Panels: While beneficial for energy savings, the solar panels are leased, which entails an ongoing monthly payment and may require a lease transfer or buyout for new owners, potentially impacting financing.
Desert Hot Springs Location: While desirable and minutes from Palm Springs, the Desert Hot Springs location may not appeal to all buyers seeking the specific amenities, market profile, or perceived prestige of central Palm Springs.
Ongoing Outdoor Maintenance: The extensive resort-style backyard, including a pool, spa, and elaborate landscaping, will require ongoing maintenance, water, and chemical costs, despite being described as low-maintenance.
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