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Sold for $60,000 · Oct 2026
SOLDListed at $65,000
Desert Hot Springs, CA
MLS# IV26205819
ALIN ARSENOV
Listing Agent
APA Homes
DRE #: 02013109
Brokerage: APA Homes
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Year Built
1.3 acres
Lot Size
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HOA
Property
Property Type
Seller financing is available, providing additional flexibility for qualified buyers. ** Panoramic desert and mountain views highlight this approximately 1.30-acre residential lot in the City of Desert Hot Springs. With approximately 56,628 square feet of land, the property offers an excellent opportunity for a custom home, investment, or potential development project. Conveniently located near Desert Hot Springs with easy access to Palm Springs, the I-10 corridor, and Joshua Tree, the property combines open desert surroundings with proximity to many of the Coachella Valley's destinations and amenities. Mission Springs Water District has confirmed active water service to the property, with the seller maintaining the account current. Electric and other utilities are nearby. The property's size may also offer potential for subdivision or multiple residential lots. Based on a previous conversation with the City of Desert Hot Springs Planning Department, lots of approximately 10,000 square feet may be acceptable with an appropriate development and subdivision plan, subject to applicable zoning, access, infrastructure, development standards, and City approval. Buyer and Buyer's Agent are advised to independently verify all information and conduct their own due diligence regarding zoning, permitted uses, subdivision potential, minimum lot sizes, building requirements, utility availability and connection costs, access, septic requirements, short-term rental regulations, and all other development considerations with the City of Desert Hot Springs and applicable utility and governmental agencies.
Listing description from the October 2026 sale, as reported to CRMLS.
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1 recorded sale
11650 Desert Terrace Way sold for $60,000 in October 2026, 7.7% under its $65,000 list price, after 19 days on the market. Across 340 closed sales in 92240 over the last 12 months, the median sold price is $357,139 and the median is $235 per square foot.
| Quarter | Closed sales in 92240 | Median sold price |
|---|---|---|
| Q1 2026 | 32 | $346,250 |
| Q2 2026 | 152 | $350,275 |
| Q3 2026 | 132 | $370,750 |
| Q4 2026 | 24 | $367,995 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Desert Hot Springs · Homes for sale in 92240
Closed sales reported in 92240, nearest first, last 12 months. All recent sales in Desert Hot Springs →
11650 Desert Terrace Way
Contact ALIN ARSENOV
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Contact Listing Agent
APA Homes
DRE #02013109
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