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68055 Calle Cerrito, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 2 bath

68055 Calle Cerrito, Desert Hot Springs, California 92240 home-pic-0
ACTIVE$499,000
68055 Calle Cerrito, Desert Hot Springs, California 92240
3Beds
2Baths
1,815Sqft
8,712Lot

Price Vs. Estimate

The estimated value ($499,000) is $0 (0%) lower than the list price ($499,000). 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 = 8712, living area = 1815.
Top Cons:
Multiple Price Reductions: The property has undergone three price reductions since its initial listing (from $525,000 to $499,000), which could indicate initial overpricing or a slower-than-expected market response.

Compared to the nearby listings

Price:$499.0K vs avg $400.0K (+$99,000)83%
Size:1,815 sqft vs avg 1,625 sqft65%
Price/sqft:$275 vs avg $25466%

More Insights

Built in 2024 (1 years old).
Condition: This property was built in 2024, making it brand new construction. The kitchen features sleek, modern white cabinetry, new stainless steel appliances, and an induction cooktop, all in pristine condition. The bathrooms boast contemporary floating vanities, stylish black fixtures, round mirrors, and spacious walk-in showers with subway tile, reflecting a high-end, modern design. The home is equipped with state-of-the-art energy-efficient systems, including solar panels, an all-electric heat pump for heating and cooling, EV-ready wiring, and an electric on-demand water heater. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with an 'excellent' condition rating.
Year Built
2024
Close
-
List price
$499K
Original List price
$525K
Price/Sqft
$275
HOA
-
Days on market
-
Sold On
-
MLS number
219136821DA
Home ConditionExcellent
Features
Excellent View: Mountain(s), Panoramic
Deck
ViewMountain(s), Panoramic

About this home

As Seen On HGTV/ House Hunters, this authentic Mid Century Modern Architectural dream home is nestled in the hills of Desert Hot Springs, known for its natural hot springs spas. This unique estate boasts 1820 SFT of space, 3 spacious bedrooms and 2 full bathrooms, and full laundry room, with designer touches, constructed in the famous 'Alexander' Architectural Tradition. Enjoy endless sunsets with sweeping southern facing views of the majestic Mt. San Jacinto. Built environmentally conscious, this super efficiency home includes premier insulation, all electric and solar panels equipped, Zoned electric heat pump heating and cooling, electric vehicle ready wiring, electric on demand water heating, and zoned electric pumps for ultimate comfort. Shaded exterior wood overhangs. Park with ease in the fully enclosed and insulated garage. Additional features include insulated under floor space and T&G wood ceiling decking. This Mid-Century Modern architecture blends seamlessly with modern living, and spacious lots, No HOA dues or Mello Roos. It's the perfect blend of luxury and practicality. Minutes from Palm Springs and Joshua Tree National Park. Builder incentives include an interest rate buy-down or closing cost assistance with a good offer. Get Palm Springs style for an amazing price. Virtually staged.

Nearby schools

4/10
Julius Corsini Elementary School
Public,•K-5•1.5mi
4/10
Desert Springs Middle School
Public,•6-8•1.2mi
3/10
Desert Hot Springs High School
Public,•9-12•2.4mi
4/10
Desert Learning Academy
Public,•K-12•9.7mi
Condition Rating
Excellent
This property was built in 2024, making it brand new construction. The kitchen features sleek, modern white cabinetry, new stainless steel appliances, and an induction cooktop, all in pristine condition. The bathrooms boast contemporary floating vanities, stylish black fixtures, round mirrors, and spacious walk-in showers with subway tile, reflecting a high-end, modern design. The home is equipped with state-of-the-art energy-efficient systems, including solar panels, an all-electric heat pump for heating and cooling, EV-ready wiring, and an electric on-demand water heater. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with an 'excellent' condition rating.
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 = 8712, living area = 1815.
New Construction & Energy Efficiency: Built in 2024, this 'super efficiency home' boasts premier insulation, solar panels, all-electric systems, zoned electric heat pump heating/cooling, EV ready wiring, and electric on-demand water heating, ensuring low utility costs and modern comfort.
Iconic Mid-Century Modern Architecture: An authentic Mid-Century Modern architectural dream home, constructed in the famous 'Alexander' Architectural Tradition and featured on HGTV/House Hunters, offering unique design appeal and cultural significance.
Panoramic Mountain Views: Enjoy endless sunsets with sweeping southern facing views of the majestic Mt. San Jacinto, providing a stunning natural backdrop and enhancing the property's aesthetic value.
No HOA Dues or Mello Roos: The absence of HOA dues or Mello Roos significantly reduces ongoing ownership costs, making the property more financially attractive to buyers.
Builder Incentives & Strategic Location: Builder incentives, including interest rate buy-down or closing cost assistance, coupled with its location minutes from Palm Springs and Joshua Tree National Park, offer both financial benefits and access to popular attractions.

Cons

Multiple Price Reductions: The property has undergone three price reductions since its initial listing (from $525,000 to $499,000), which could indicate initial overpricing or a slower-than-expected market response.
Virtually Staged: The listing explicitly states the property is 'Virtually staged,' meaning the appealing furnished photos do not represent the actual, unfurnished condition, which can sometimes lead to buyer disappointment upon physical viewing.
Desert Hot Springs Location: While close to Palm Springs, the Desert Hot Springs address may not carry the same prestige or desirability for all buyers, potentially limiting the target market compared to properties directly within Palm Springs.

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