20245 Penny Lane, Desert Hot Springs, CA 92241
20245 Penny Lane, Desert Hot Springs, CA 92241
Property Description
Desert Stone -- modern desert living with 4.74 acres of privacy, versatility, and possibilities in Sky Valley. This architecturally striking modern home offers more than a beautifully designed residence--it offers the space to create your own desert lifestyle. With nearly five acres, imagine adding a pool and spa, additional structures, guest accommodations, outdoor entertaining spaces, gardens, recreational areas, or simply enjoying the privacy and expansive desert and mountain views. Buyer to verify permitted uses and development possibilities. Inside, the open floor plan is filled with natural light and showcases large windows, high-end materials, and designer finishes throughout. No photo can fully capture the beauty, details, or feeling of this home--it truly must be experienced in person. The property also features a fully enclosed oversized RV/toy garage offering incredible versatility for vehicles, hobbies, a workshop or studio, plus a covered carport and plumbed Airstream ready for guest use or potential rental income (buyer to verify). Mature, low-maintenance desert landscaping and irrigation complement the natural surroundings, while modern utility upgrades enhance everyday comfort and efficiency. Located in Sky Valley, where you can feel like you're in your own world surrounded by open desert, mountain views and incredible privacy, yet everyday conveniences are within approximately a 15-minute drive. It's the best of both worlds--space and serenity without sacrificing accessibility. Whether envisioned as a full-time residence, weekend retreat, investment, or private desert compound, Desert Stone offers a rare combination of modern architecture, acreage, privacy and flexibility. Want even more space? The neighboring 4.74-acre parcel is also available for purchase, creating the opportunity to own nearly 10 acres and take the possibilities even further.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 2 active · 2 closed
Not Applicable · Desert Hot Springs · Single Family Residence
Listed 7.9% above the median closed sale of $620,000. Price per sqft ($747) is a 211% premium to closed comps ($240). Closed comps sold at 94% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 198 days on market.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (2)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 73300 Paradise Avenue | Desert Hot Springs | 1953 | 3 | 3 | 2,117 | 217,800 | $298 | $630,000 | 184 | 35 |
| 72700 20th Avenue | Desert Hot Springs | 1996 | 5 | 3 | 3,000 | 217,800 | $217 | $650,000 | 238 | 31 |
| Total: 2 · Average | 4.0 | 3.0 | 2,558.5 | 217,800 | $257.5 | $640,000 | 211 | |||
| Median | 3,000 | $650,000 | ||||||||
Closed Properties (2)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23481 Holeman Way | Desert Hot Springs | 2018 | 01/10/2026 | 3 | 2 | 1,980 | 217,800 | $590,000 | $570,000 | $288 | 0.97 | 277 | 43 |
| 22800 Longvue Road | Sky Valley | 2007 | 05/20/2025 | 4 | 3 | 3,474 | 217,800 | $730,000 | $670,000 | $193 | 0.92 | 118 | 40 |
| Total: 2 · Average | 3.5 | 2.5 | 2,727 | 217,800 | $620,000 | $620,000 | $240.5 | — | 197.5 | ||||
| Median | 3,474 | $670,000 | $670,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.