Sold for $265,000

Listed by: Smith Estates • Bonnie L. Smith • Contact: blsmithbroker@gmail.com

Bought with: Jason Mitchell Real Estate CA

$265,000

1225 Palm Canyon Dr, Borrego Springs, CA 92004

2beds

1,334sqft

Single Family Residence

Built in 1955

5.14 Acres Lot

$263,100 Zestimate^®

$199/sqft

$3,266 Estimated rent

Home value

$263,100

$232,000 - $297,000

$3,266/mo

Zestimate^® history

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$3,266/mo

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$3,266/mo

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$1,672/mo

Est. payment

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$1,672/mo

Est. payment

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What's special

Great opportunity to own prime commercial real estate in SAN DIEGO COUNTY! Endless opportunities for a buyer with vision. Super close to town yet open and private. 5.14 flat usable acres of commercially zoned C35 property in the beautiful location of Borrego Springs just 1.25 miles East of Christmas Circle. Views are spectacular and the night sky stunning! 344' of frontage on Palm Canyon Road with a private well and several outbuildings. Creative financing is welcome.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Bedroom

Bedroom

Features: All Bedrooms Down

Cooling

None

Appliances

Laundry: Laundry Room

Features

All Bedrooms Down
Has fireplace: Yes
Fireplace features: Family Room
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 1,334 sqft

Property

Parking

Total spaces: 20
Uncovered spaces: 20

Features

Levels: One
Stories: 1
Entry location: 1
Pool features: None
Has view: Yes
View description: Mountain(s), Panoramic

Lot

Size: 5.14 Acres
Features: Ranch

Details

Parcel number: 1990111500
Zoning: Commercial C35
Special conditions: Trust

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

Year built: 1955

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Features: Mountainous

Location

Region: Borrego Springs

Financial & listing details

Price per square foot: $199/sqft
Tax assessed value: $159,931
Annual tax amount: $1,850
Date on market: 7/25/2024
Listing terms: Cash to New Loan

Price history

Date	Event	Price
1/24/2025	Sold	$265,000+0.4%$199/sqft
Source: CRMLS #NDP2406584 Report a problem
12/24/2024	Contingent	$264,000$198/sqft
Source: CRMLS #NDP2406584 Report a problem
11/9/2024	Price change	$264,000-12%$198/sqft
Source: CRMLS #NDP2406584 Report a problem
7/25/2024	Listed for sale	$299,999+165.5%$225/sqft
Source: CRMLS #NDP2406584 Report a problem
6/10/2004	Sold	$113,000+78%$85/sqft
Source: Public Record Report a problem
4/9/1996	Sold	$63,500$48/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,850 +2.1%	$159,931 +2%
2024	$1,812 +2.1%	$156,796 +2%
2023	$1,775 +1.4%	$153,722 +2%
2022	$1,750 +1.7%	$150,709 +2%
2021	$1,721 +0.3%	$147,755 +1%
2020	$1,716 +17.2%	$146,241 +2%
2019	$1,465 -6.8%	$143,374 +2%
2018	$1,571 +1.9%	$140,564 +2%
2017	$1,542 +2.2%	$137,809 +2%
2016	$1,508 +1.4%	$135,108 +1.5%
2015	$1,487 +2.2%	$133,080 +2%
2014	$1,456	$130,474 +0.5%
2013	--	$129,885 +2%
2012	--	$127,340 +2%
2011	--	$124,844 +0.8%
2010	--	$123,912 -0.2%
2009	--	$124,207 +2%
2008	--	$121,772