9888 Terrace Drive, Morongo Valley, California 92256, Morongo Valley, 92256 - 3 bed, 2 bath
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Morongo Valley, California 92256
This Versatile New Construction Retreat is a Prime Investment Opportunity, listed at $329,999—positioned well below the $343,886 Fair Market Value by 4%. This valuation gap offers $13,887 in Instant Equity for buyers. Boasting an Excellent Condition Rating, the property features a separate ADU studio for rental income and a 0.51-acre lot with panoramic mountain views. Located within the Moreno Valley Unified district, it perfectly balances modern lifestyle utility with financial upside. This is an ideal match for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9888 Terrace Drive Subject | $329,999* List Price | 3 | 2 | 1,133 | $304 | - |
A 9888 Terrace Drive Sold | $330,000 | 3 | 2 | 1,104 | $299 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1961, the property is described as brand new construction. Images confirm a mint-condition interior with a modern kitchen, stainless steel appliances, new flooring, and updated systems including mini-split HVAC.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22440, living area = 1133.
The property includes a separate ADU studio unit with its own kitchen and bathroom, providing significant versatility for rental income, guest accommodations, or multi-generational living.
This brand-new construction home features modern finishes and a thoughtful layout, offering the benefits of contemporary design and reduced maintenance costs compared to older area homes.
At 1,133 square feet for a three-bedroom home, the interior living space is relatively compact, which may be a drawback for buyers seeking larger communal areas or spacious bedrooms.
While scenic, the Morongo Valley location is more isolated, potentially leading to longer travel times for essential services, shopping, and major employment centers.
Welcome to 9888 Terrace Rd. in Morongo Valley. Step into this home featuring 3 bedrooms and 2 bathrooms, thoughtfully designed with a wonderful layout that suits both a primary residence and an income-producing rental property. Situated on a spacious 0.51-acre lot, this property offers added versatility with a separate ADU studio unit complete with its own full bathroom and kitchen, perfect for guests, extended family, or additional rental potential. Enjoy the open feel, modern finishes, and endless possibilities this unique property has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 52% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,133 | 1,144.5 | 50% |
| Lot Size | 22,440 | 108,900 | 26% |
| Price | $330.0K | $337.0K | 45% |
| Price per sq ft | $291 | $295 | 48% |
| Built year | 1961 | 1959 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 193 | 5% |
Apr 27, 2026
$329,999
Initial Listing
Oct 24, 2022
$75,000
Public Record
Aug 22, 2016
$40,000
Public Record
Oct 13, 2015
$55,000
Public Record
Mar 14, 2005
$37,000
Public Record
Aug 23, 2004
$6,000
Public Record