$870,000
SOLD FEB 16, 2025

48823 Tamarisk Dr Morongo Valley, CA 92256

2 Beds
2 Baths
1,708 Sq Ft
5 Acres

Recently Sold

$509 Per Sq Ft

8% Below List Price

74 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • Hiking Trails
  • 5 Acre Lot
  • No HOA
  • Laundry Room

About This Home

As of February 2025

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.

Last Agent to Sell the Property

Bryan Wynwood

Joshua Tree Modern Brokerage Phone: 760-808-4806 License #01448338 Listed on: 11/10/2024

Last Buyer's Agent

Shane Reynolds

eXp Realty Of Southern California Inc License #02141927

eXp Realty Of Southern California Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 5 Acre Lot
  • Property is zoned MV/RL

Parking

  • 4 Car Garage

Property Views

  • Mountain
  • Desert

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,708 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Tax Tract Number 6857
  • Assessor Parcel Number 0583051140000
  • $731 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MV/RL
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0583051140000
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1708.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 509.37
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Desert, Mountain(s)
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Preserve/Public Land

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 217800.00
  • Lot Size Acres: 5.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5.0000 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 104.17
  • Tax Tract Number: 6857
  • TaxOtherAnnualAssessmentAmount: 731.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2024
Closed on
Feb 11, 2025
Sold by
Davidson Stephanie Elaine
Bought by
Waxman Dov
Seller's Agent
Bryan Wynwood
Joshua Tree Modern
Buyer's Agent
Shane Reynolds
eXp Realty Of Southern California Inc
List Price
$945,000
Sold Price
$870,000
Premium/Discount to List
-$75,000
-7.94%
Views
26
Current Estimated Value
$881,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,407
Avg. Annual Appreciation
1.49%

Purchase Details

Closed on
Dec 16, 2024
Sold by
Chan Vincent Kin Wai and Chan Lois Lee
Bought by
Waxman Dov

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 16, 2022
Sold by
Branden Clemens
Bought by
Chan Vincent Kin Wai and Chan Lois Lee
Seller's Agent
Branden Clemens
Inspire Real Estate
Buyer's Agent
Jason Kudo
Douglas Elliman of California, Inc.
List Price
$799,999
Sold Price
$810,000
Premium/Discount to List
$10,001
1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$486,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2020
Sold by
Lamb Patricia J and 48823 Tamarisk Drive Trust
Bought by
Clemens Branden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2019
Sold by
Christian Linda S
Bought by
48823 Tamarisk Drive Trust

Purchase Details

Closed on
Dec 16, 2014
Sold by
Wieser James
Bought by
Christian Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 22, 2010
Sold by
Christian Linda
Bought by
Wieser James and Wieser Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Interest Rate
5.04%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 14, 2007
Sold by
Smith Aaron
Bought by
Christian Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2004
Sold by
Smith Aaron
Bought by
Smith Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 1996
Sold by
Robbins George G
Bought by
Smith Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 23, 1994
Sold by
Robbins George G
Bought by
Robbins George G and Robbins Jennie F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Corinthian Title Company
Grant Deed $870,000 Corinthian Title Company
Grant Deed $810,000 Orange Coast Title
Grant Deed $414,000 First American Title Company
Quit Claim Deed $286,000 None Available
Quit Claim Deed $60,000 Title Insurance & Trust Co
Grant Deed -- First American Title Company
Grant Deed $300,000 First American Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $43,500 Commonwealth Land Title Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $486,000 New Conventional
Previous Owner $365,750 New Conventional
Previous Owner $60,000 Seller Take Back
Previous Owner $339,000 Seller Take Back
Previous Owner $150,000 Purchase Money Mortgage
Previous Owner $57,000 New Conventional
Previous Owner $35,000 Seller Take Back
Closed $202,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2025 02/16/25 Sold $870,000 -7.9% $509 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
12/26/2024 12/26/24 For Sale $945,000 0.0% $553 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
11/10/2024 11/10/24 For Sale $945,000 +16.7% $553 / Sq Ft
06/15/2022 06/15/22 Sold $810,000 +1.3% $474 / Sq Ft View Prior Sale
06/06/2022 06/06/22 Price Changed $799,999 0.0% $468 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $799,999 -- $468 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,171 $859,579 $171,916 $687,663
2024 $9,171 $842,724 $168,545 $674,179
2023 $8,993 $826,200 $165,240 $660,960
2022 $4,777 $426,397 $85,279 $341,118
2021 $4,726 $418,036 $83,607 $334,429
2020 $3,391 $291,720 $58,344 $233,376
2019 $2,294 $188,545 $26,935 $161,610
2018 $2,239 $184,848 $26,407 $158,441
2017 $2,216 $181,223 $25,889 $155,334
2016 $2,177 $369,650 $65,425 $304,225
2015 $4,145 $364,097 $64,442 $299,655
2014 -- $356,965 $63,180 $293,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT24229256

California Regional Multiple Listing Service (CRMLS)

APN: 0583-051-14