9301 Polaris Way, Morongo Valley, California 92256, Morongo Valley, 92256 - 7 bed, 4 bath
ACTIVE$515,000
9301 Polaris Way, Morongo Valley, California 92256
7Beds
4Baths
2,040Sqft
108,900Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multi-Unit Configuration & Income Potential: The property features two separate homes and an attached studio, offering significant flexibility for multi-generational living, guest accommodations, or substantial rental income generation.
Top Cons:
Age of Construction: Built in 1956, the property's age suggests that underlying infrastructure (e.g., plumbing, electrical, foundation) may require significant maintenance or upgrades not covered by recent cosmetic remodels.
Compared to the nearby listings
Price:$515.0K vs avg $362.5K (+$152,500)92%
Size:2,040 sqft vs avg 1,354 sqft85%
Price/sqft:$252 vs avg $25350%
More Insights
Built in 1956 (69 years old).
Condition: The property, built in 1956, has undergone a 'recent remodel' as stated in the description, which is strongly supported by the images. The main house features a modern kitchen with grey shaker cabinets, stainless steel appliances, and white countertops. The main bathroom is also updated with a contemporary grey vanity and subway-style tile shower. Consistent grey laminate flooring runs throughout the visible living areas and bedrooms, and walls are freshly painted white. Modern mini-split AC units are visible, providing efficient cooling. While the second unit's kitchen appears less updated with older cream cabinets and white appliances, it is still clean and functional. The overall condition is move-in ready with no immediate renovations required, aligning well with the 'Good' score criteria for a property extensively renovated within the last 5-15 years, despite its original build year.
Year Built
1956
Close
-
List price
$515K
Original List price
$529K
Price/Sqft
$252
HOA
-
Days on market
-
Sold On
-
MLS number
219136745PS
Home ConditionGood
Features
Good View: Mountain(s), Panoramic
Patio
ViewMountain(s), Panoramic
About this home
Investor or Owner-Occupant Opportunity -- Ranch Style Property on 2.5 Acres9301 Polaris Way, Morongo Valley7 Beds | 4 Baths | 2.5 Acres | Private Well | Horse ZoningRecently remodeled multi-unit property featuring two homes and an attached studio to the main house. The main house offers 3 beds/2 baths, the second home 3 beds/1 bath, plus a studio with a private bath--perfect for guests or rental income.Enjoy a private well, horse and agricultural zoning, and plenty of room for animals or expansion. Conveniently located near Palm Springs and Joshua Tree.Ideal for investors, multi-family living, or a peaceful desert retreat. Buyer to verify all information.Don't miss this one!
Condition Rating
Good
The property, built in 1956, has undergone a 'recent remodel' as stated in the description, which is strongly supported by the images. The main house features a modern kitchen with grey shaker cabinets, stainless steel appliances, and white countertops. The main bathroom is also updated with a contemporary grey vanity and subway-style tile shower. Consistent grey laminate flooring runs throughout the visible living areas and bedrooms, and walls are freshly painted white. Modern mini-split AC units are visible, providing efficient cooling. While the second unit's kitchen appears less updated with older cream cabinets and white appliances, it is still clean and functional. The overall condition is move-in ready with no immediate renovations required, aligning well with the 'Good' score criteria for a property extensively renovated within the last 5-15 years, despite its original build year.
Pros & Cons
Pros
Multi-Unit Configuration & Income Potential: The property features two separate homes and an attached studio, offering significant flexibility for multi-generational living, guest accommodations, or substantial rental income generation.
Expansive Lot with Versatile Zoning: Situated on 2.5 acres with horse and agricultural zoning, this property provides ample space for animals, farming, or future expansion, appealing to a wide range of lifestyle needs.
Private Well: The inclusion of a private well is a valuable asset, providing an independent water source and potentially reducing utility costs, especially beneficial in a desert environment.
Recent Remodel: Described as 'recently remodeled,' the property likely offers updated interiors and finishes, reducing immediate renovation needs for a new owner.
Desirable Location & Views: Conveniently located near popular destinations like Palm Springs and Joshua Tree, combined with panoramic mountain views, enhances its appeal for both residents and potential short-term renters.
Cons
Age of Construction: Built in 1956, the property's age suggests that underlying infrastructure (e.g., plumbing, electrical, foundation) may require significant maintenance or upgrades not covered by recent cosmetic remodels.
Unspecified Cooling System: Given Morongo Valley's desert climate, the description does not explicitly mention a central cooling system, which could be a significant drawback and an additional investment for comfort.
Recent Price Reductions: Multiple price drops from the original listing price indicate potential market resistance or that the initial pricing may have been too aggressive, suggesting a need for further market analysis.