88751 64th Avenue, Thermal, California 92274, Thermal, 92274 - 2 bed, 1 bath

88751 64th Avenue, Thermal, California 92274 home-pic-0
ACTIVE$595,000
88751 64th Avenue, Thermal, California 92274
2Beds
1Bath
1,463Sqft
422,532Lot
Year Built
1916
Close
-
List price
$595K
Original List price
$700K
Price/Sqft
$407
HOA
-
Days on market
-
Sold On
-
MLS number
IG25121388
Home ConditionTear down
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

We found 3 Cons,6 Pros. Rank: price - $595.0K(81th), sqft - 1463(56th), beds - 2(28th), baths - 1(13th).

Ranch Home on 9.70 acres of desirable agricultural or farming land. Incredible potential for a variety of uses and opportunity to own an income generating property. Water for agricultural production is acquired from Coachella Valley Water district canal.

Price History

Date
Event
Price
11/01/25
Price Change
$595,000-15.0%
06/06/25
Listing
$700,000
Condition Rating
Tear down

Built in 1916, this property is over 100 years old with no indication of major renovations in the past 50 years. The listing description and property analysis focus heavily on the land's agricultural potential, explicitly stating the existing ranch home 'is very old and likely requires extensive modernization, significant repairs, or may be considered a tear-down for new construction.' The absence of any interior photos, particularly of the kitchen and bathroom, further suggests the dwelling itself is not a selling point and is likely in an unlivable or dilapidated state, with the property's value resting solely on the 9.70 acres of land.
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 = 422532, living area = 1463.
Expansive Agricultural Land: The property boasts 9.70 acres of desirable agricultural or farming land, offering significant potential for various uses and future development.
Dedicated Water Access: Crucial for agricultural operations, water for production is secured from the Coachella Valley Water district canal, adding substantial value to the land.
Income-Generating Opportunity: The property description highlights its potential as an income-generating asset through agricultural activities, appealing to investors or owner-operators.
Significant Price Reduction: A substantial $105,000 price drop from the original list price of $700,000 to $595,000 indicates a motivated seller and potentially better value for buyers.
Mountain Views: The property offers desirable mountain views, enhancing its aesthetic appeal and providing a pleasant natural backdrop.

Cons

Historic Age of Residence: Built in 1916, the existing ranch home is very old and likely requires extensive modernization, significant repairs, or may be considered a tear-down for new construction.
Limited Residential Amenities: The 1463 sqft home features only 2 bedrooms and 1 bathroom, which is small relative to the expansive lot and may not meet the needs of many modern buyers or families.
Potential for High Renovation Costs: Given the age of the home, buyers should anticipate significant investment for necessary renovations, upgrades, or potential replacement of the structure, adding to the overall acquisition cost.

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