9888 Terrace Drive, Morongo Valley, California 92256, Morongo Valley, 92256 - 4 bed, 3 bath
ACTIVE$399,000
9888 Terrace Drive, Morongo Valley, California 92256
4Beds
3Baths
1,200Sqft
22,440Lot
Price Vs. Estimate
The estimated value ($387,180) is $11,820 (2%) lower than the list price ($399,000). 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 = 22440, living area = 1200.
Top Cons:
Listing Price Exceeds Estimated Value: The current list price of $399,000 is higher than the estimated property value of $387,180, potentially indicating it is priced slightly above market expectations.
Compared to the nearby listings
Price:$399.0K vs avg $362.5K (+$36,500)62%
Size:1,200 sqft vs avg 1,319 sqft35%
Price/sqft:$332 vs avg $25481%
More Insights
Built in 1961 (64 years old).
Condition: Despite being built in 1961, the property has been 'Recently FULLY RENOVATED' as stated in the description, which is strongly supported by the images. The kitchen features modern white shaker cabinets, new quartz countertops, stainless steel appliances, and contemporary wood-look tile flooring. Bathrooms are equally updated with modern vanities, fixtures, and new shower enclosures. All visible components, including light fixtures, flooring, and exterior, appear new or virtually new, meeting current quality standards. The ADU also presents with modern finishes and a mini-split system. This extensive renovation brings the property's condition to an excellent standard, with no immediate deferred maintenance visible.
Year Built
1961
Close
-
List price
$399K
Original List price
$440K
Price/Sqft
$333
HOA
-
Days on market
-
Sold On
-
MLS number
JT25018335
Home ConditionExcellent
Features
Excellent View: Desert, Hills, Mountain(s), Panoramic
ViewDesert, Hills, Mountain(s), Panoramic
About this home
Nestled in the tranquility of Morongo Valley, California, this stunning ALL-Electric home offers a perfect blend of Modern Luxury and Serene Seclusion. Recently FULLY RENOVATED, the main residence features 3 Spacious Bedrooms, 2 Elegant Bathrooms, a Separate Laundry Room showcasing contemporary finishes, and an Open-Concept Layout that invites Natural Light Throughout. PLUS- An Additional Accessory Dwelling unit (ADU) provides a 1 Bedroom/1 Bath and Kitchen (fully habitable), Ideal for a guest or as a potential Rental Income source. The property is FULLY FENCED, Ensuring Privacy while you enjoy the BREATHTAKING 360° views of the Surrounding Mountains and Desert Landscape. With Modern Amenities and a Peaceful Atmosphere, this home is a perfect Retreat for those seeking both Comfort and the possibility of Generating Income in a Picturesque Setting.
Condition Rating
Excellent
Despite being built in 1961, the property has been 'Recently FULLY RENOVATED' as stated in the description, which is strongly supported by the images. The kitchen features modern white shaker cabinets, new quartz countertops, stainless steel appliances, and contemporary wood-look tile flooring. Bathrooms are equally updated with modern vanities, fixtures, and new shower enclosures. All visible components, including light fixtures, flooring, and exterior, appear new or virtually new, meeting current quality standards. The ADU also presents with modern finishes and a mini-split system. This extensive renovation brings the property's condition to an excellent standard, with no immediate deferred maintenance visible.
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 = 22440, living area = 1200.
Income-Generating ADU: A separate, fully habitable Accessory Dwelling Unit (ADU) provides significant potential for rental income or flexible guest accommodation.
Breathtaking Panoramic Views: The property offers stunning 360° views of the surrounding mountains and desert landscape, enhancing its appeal and lifestyle.
Recent Full Renovation: The main residence has been recently and fully renovated with contemporary finishes, an open-concept layout, and a separate laundry room, providing modern comfort.
Privacy & Expansive Lot: Situated on a generous 22,440 sqft (over half an acre) fully fenced lot, ensuring privacy and ample outdoor space.
Modern All-Electric Home: The home is all-electric and features modern amenities, suggesting updated systems and potential for energy efficiency.
Cons
Listing Price Exceeds Estimated Value: The current list price of $399,000 is higher than the estimated property value of $387,180, potentially indicating it is priced slightly above market expectations.
Age of Original Structure: Despite a full renovation, the main residence was originally built in 1961, which may raise questions about the condition of underlying infrastructure not explicitly mentioned as updated (e.g., plumbing, electrical, roof beyond cosmetic).
Unspecified Cooling System for Desert Climate: While 'all-electric' and 'modern amenities' are mentioned, the description lacks specific details about the cooling system's efficiency or capacity, which is crucial for comfort in Morongo Valley's extreme desert climate.