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    8429 Terrace Drive

    Morongo Valley, CA 92256
    • $254,990
    • STATUS: Active Under Contract
    • ON SITE: 79 days
    • ID#: OC20126018
    Under Contract
    UPDATED: 139 min ago
    $254,990
    • 2
      BEDS
    • 1
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 1,300
      SQFT
    • $196
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1973
    County:

    School Ratings & Info

    School District:

    Description

    ***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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-18T00:27:57.01. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

    www.amayarealestategroup.com/homes/107360133
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    8429 Terrace Drive Morongo Valley, CA 92256

    • Price: $254,990
    • Status: Active Under Contract
    • Updated: 139 min ago
    • ID#: OC20126018
    2
    Beds
    1
    Baths
    0
    ½ Baths
    1
    Acres
    1,300
    SQFT
    $196
    $/SQFT
    1973
    Built
    Neighborhood:
    DC512 - NE Morongo
    County:
    San Bernardino
    Area:
    DC512 - NE Morongo
    School District:
    Morongo Unified
    Property Description
    ***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.
    Exterior Features

    Attached Garage YN No Garage Spaces 2.00 Lot Features Back YardDesert BackDesert FrontFront YardHorse PropertyHorse Property UnimprovedLevel With StreetLot Over 40000 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Features Circular DrivewayGarage Faces FrontRv Access/ParkingSee Remarks Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Structure Type House View City LightsDesertHillsMountain(S)NeighborhoodPanoramicRocksSee RemarksTrees/Woods View YN Yes

    Interior Features

    Bathrooms Full 1 Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Heating Central Heating YN Yes Laundry Features Inside Levels One Main Level Bathrooms 1 Main Level Bedrooms 2 Room Type KitchenLiving RoomMaster BathroomMaster Bedroom

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features SidewalksStreet Lights Country Us Elevation Units Feet Land Lease YN No Laundry YN Yes Lease Considered YN No Living Area Units Square Feet New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Conventional Septic Special Listing Conditions Standard Water Source Public Year Built Source Seller Zoning Mv/Rl

    Listing provided courtesy of Emmett Dalton of Dalton Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-18T00:27:57.01. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

     
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    27150 Eucalyptus Ave., Suite A
    Moreno Valley CA, 92555