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Sold for $870,000
  • Listing Provided by: Joshua Tree Modern
    Bought with: eXp Realty Of Southern California Inc
    $870,000

    48823 Tamarisk Dr, Morongo Valley, CA 92256

    2beds
    1,708sqft
    Single Family Residence
    Built in 1955
    5 Acres Lot
    $852,000 Zestimate®
    $509/sqft
    $2,961 Estimated rent

    Home value

    $852,000

    $767,000 - $946,000

    $2,961/mo

    Zestimate® history
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    What's special

    Custom pool and spaRock fireplaceAlpine conditionsRemarkable viewsFive huge windowsWall of glassStunning views
    Extraordinary Mountaintop Home: Striking location, perched atop a ridgeline with remarkable views. Proven track record as an Airbnb, with gross income of $151k in 2023 & $124k from Jan–Oct 2024, with an additional $20k+ in future bookings (Buyer to independently verify STR income). Paid off solar. Living room features a wall of glass – five huge windows, approximately 8 feet wide by 5 feet tall – framing snowcapped San Jacinto Mountain, the second tallest mountain in SoCal. Hawks fly past at eye level. Rock fireplace positioned at center of wall, for cozy, crackling fires, while looking out at the alpine conditions atop the nearby mountain peak. Above the kitchen sink/counter stands an additional large glass window facing north, providing yet more stunning views. Custom pool and spa, complete with high-quality stone-work, features equally dazzling views in every direction. Soak in the hot tub at night and stargaze at infinite galaxies above. LARGE 5-ACRE PARCEL. Includes 2-bed, 1-bath Guesthouse on lower tier of property hooked up to water, electric, septic and could be used as a second vacation rental, long term rental, residence, studio or large storage space – needs TLC/Remodel (buyer to check permits). Two private driveways – one to the main house above and another driveway to the private guesthouse location below. Incredible value, incredible property. Morongo Valley is only a short drive to downtown Palm Springs but with cooler summer temperatures and greener hills, known for its verdant flora and jungle-like hikes in the Big Morongo Canyon Preserve. Joshua Tree National Park is equally close. With over one thousand closed transactions in the Hi Desert, this property stands as the singular best views and most stunning location this broker has seen. Whether as a primary residence, a vacation getaway, supplemented by vacation rental income or long-term rental income from the guesthouse once updated, this property has enormous protentional as a once-in-a-lifetime investment given the rarity of similar home locations.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Bryan Wynwood DRE #01448338 760-808-4806,

    Joshua Tree Modern

    Bought with:

    Shane Reynolds, DRE #02141927

    eXp Realty Of Southern California Inc

    Source: CRMLS,MLS#: JT24229256MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • All Bedrooms Down
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,708 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Street
    • Has private pool: Yes
    • Pool features: Private
    • Has view: Yes
    • View description: Desert, Mountain(s)
    Lot
    • Size: 5 Acres
    • Features: Lot Over 40000 Sqft
    Details
    • Parcel number: 0583051140000
    • Zoning: MV/RL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Hiking, Preserve/Public Land
    Location
    • Region: Morongo Valley

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan

    Price history

    DateEventPrice
    2/16/2025Sold$870,000-7.9%$509/sqft
    Source: CRMLS #JT24229256 Report a problem
    1/25/2025Pending sale$945,000$553/sqft
    Source: CRMLS #JT24229256 Report a problem
    12/27/2024Listed for sale$945,000$553/sqft
    Source: CRMLS #JT24229256 Report a problem
    12/11/2024Pending sale$945,000$553/sqft
    Source: CRMLS #JT24229256 Report a problem
    11/11/2024Listed for sale$945,000+16.7%$553/sqft
    Source: CRMLS #JT24229256 Report a problem
    6/15/2022Sold$810,000+1.3%$474/sqft
    Source: Public Record Report a problem
    6/6/2022Pending sale$799,999+93.2%$468/sqft
    Source: CRMLS #JT22080761 Report a problem
    5/8/2020Sold$414,000-30.9%$242/sqft
    Source: Public Record Report a problem
    4/23/2019Listing removed$599,000$351/sqft
    Source: Bennion Deville Homes #19439950PS Report a problem
    3/6/2019Listed for sale$599,000+20.5%$351/sqft
    Source: Bennion Deville Homes #19439950PS Report a problem
    4/18/2016Listing removed$497,000$291/sqft
    Source: Desert Cities Realtors #16971907PS Report a problem
    2/3/2016Price change$497,000-0.2%$291/sqft
    Source: Desert Cities Realtors #16971907PS Report a problem
    1/14/2016Listed for sale$498,000+25.4%$292/sqft
    Source: Desert Cities Realtors #16971907PS Report a problem
    1/27/2015Listing removed$397,000$232/sqft
    Source: H K LANE REAL ESTATE #DC14012369 Report a problem
    10/19/2013Listed for sale$397,000+185.6%$232/sqft
    Source: H K LANE REAL ESTATE #DC13212278 Report a problem
    5/14/2010Sold$139,000-65%$81/sqft
    Source: Public Record Report a problem
    4/15/2010Price change$396,900+13.4%$232/sqft
    Source: EB INVETSMENTS #41390707 Report a problem
    4/7/2010Price change$349,900-11.9%$205/sqft
    Source: EB INVETSMENTS #41390707 Report a problem
    2/17/2010Listed for sale$397,000+32.3%$232/sqft
    Source: EB INVETSMENTS #41390707 Report a problem
    6/14/2007Sold$300,000+589.7%$176/sqft
    Source: Public Record Report a problem
    1/12/1996Sold$43,500$25/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,643 +5.1%$859,579 +2%
    2024$9,171 +2%$842,724 +2%
    2023$8,993 +88.2%$826,200 +93.8%
    2022$4,777 +1.1%$426,397 +2%
    2021$4,726 +39.4%$418,036 +43.3%
    2020$3,391 +47.8%$291,720 +54.7%
    2019$2,294 +2.5%$188,545 +2%
    2018$2,239 +1%$184,848 +2%
    2017$2,216 $181,223 -51%
    2016$2,216 +1.8%$369,650 +1.5%
    2015$2,177 -47.5%$364,097 +2%
    2014$4,145 $356,965 +0.5%
    2013-- $355,351 +2%
    2012-- $348,384 +2%
    2011-- $341,553 +95.2%
    2010-- $175,000 -27.1%
    2009-- $240,000 -7.3%
    2008-- $259,000 +73%
    2007-- $149,691 +17.7%
    2006-- $127,148 +2%
    2005-- $124,655 +145.3%
    2004-- $50,824 +1.9%
    2003-- $49,893 +2%
    2002-- $48,915 +2%
    2001-- $47,956 +2%
    2000-- $47,016

    Find assessor info on the county website

    Neighborhood: 92256

    Nearby schools

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    Estimated market value
    $852,000
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    Estimated market value
    $852,000