Real Estate in Southern California
Gary Keshishyan
818-725-1086818-725-1086

8429 Terrace Drive, Morongo Valley, CA 92256 (MLS # OC20126018)

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PRICE $254,990
BEDS 2
BATHS 1 full
HOME SIZE 1,300 sq ft
LOT SIZE 43,560 sqft

***PRICE REDUCTION****This wonderful mountain getaway has been reduced $25k from its original pre covid-19 quarantine price of $279k. Gorgeous views,surrounded by mountains,mature trees and landscaping create a feeling of peace and tranquility.Great location on a private road towards the top of Little Morongo Heights with only a few houses in the area. Previously used as Airbnb and was one of the most popular and profitable rentals the owners have had in 20 years.In a 12 month period in 2018-2019 the property produced $48k in rental income as a part time Airbnb.Has the potential to produce much more income.Proforma and financials available.Halfway point between Joshua Tree and Palm Springs (30 minute drive to each).Was rented regularly by Holistic practioners for private yoga,bodywork and meditation sessions for their clients.And of course anyone that wanted to experience that peace and quiet in a beautiful setting.Home has 2 bedrooms,1 bath with large bonus room on a secluded 1 acre lot. Multiple sitting areas on the property to relax and breathe in nature.Travertine floors, custom fireplace with wood stove help create that rustic feel. Detached full size garage in the back of the lot with its own driveway is perfect for a garage conversion.This property can pay for itself for part time use or produce income as an Airbnb.Can also be that perfect mountain desert getaway or full time home.$255k for a home with these features and income potential is hard to find!Will go fast.

DAYS ON MARKET 15 LAST UPDATED 7/7/2020
YEAR BUILT 1973 COMMUNITY NE Morongo
GARAGE SPACES 2.0 COUNTY San Bernardino
TOTAL PARKING 2 STATUS Active
PROPERTY TYPE(S) Residential, Single Family Residence

SCHOOLS
School District Morongo Unified


ADDITIONAL DETAILS
ASSESSMENTS Unknown
COMMONINTEREST None
COMMONWALLS No Common Walls
COMMUNITYFEATURES Sidewalks, Street Lights
COOLING Central Air
ELEVATIONUNITS Feet
FIREPLACEFEATURES Living Room
HEATING Central
LAUNDRYFEATURES Inside
LEVELS One
LISTAGENTSTATELICENSE 00959147
LIVINGAREAUNITS Square Feet
LOTFEATURES Back Yard, Desert Back, Desert Front, Front Yard, Horse Property, Horse Property Unimproved, Level with Street, Lot Over 40000 Sqft
LOTSIZESOURCE Assessor
LOTSIZEUNITS Square Feet
MAJORCHANGETYPE Active Under Contract
MLSAREAMAJOR DC512 - NE Morongo
PARKINGFEATURES Circular Driveway, Garage Faces Front, RV Access/Parking, See Remarks
POOLFEATURES None
PREVIOUSSTANDARDSTATUS Active
PROPERTYSUBTYPE Single Family Residence
PROPERTYTYPE Residential
ROOMTYPE Kitchen, Living Room, Master Bathroom, Master Bedroom
SEWER Conventional Septic
SPECIALLISTINGCONDITIONS Standard
STANDARDSTATUS Active Under Contract
VIEW City Lights, Desert, Hills, Mountain(s), Neighborhood, Panoramic, Rocks, See Remarks, Trees/Woods
WATERSOURCE Public
YEARBUILTSOURCE Seller

ZESTIMATE
$254991  8429 Terrace Drive, Morongo Valley, CA

RENT ZESTIMATE
$1350 / mo.  8429 Terrace Drive, Morongo Valley, CA

0 Car-Dependent



 
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Listing provided by : Emmett Dalton License # 00959147, Dalton Real Estate

Based on information from CRISNet MLS as of 7/15/20 5:47 AM PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information