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Closed
- Listed price
- $995,000
- Listed Jul 10, 2019
- Sold price
- $425,000
- Sold Dec 6, 2019
6,969,600 sqft lot00|112 MLS days on market
0 Karen Ave, Desert Hot Springs, CA 92240
Property Description
Priced Way Below Market! Lender Owned Property Sale! Price Reduced from $3M to $995k! Only $6k/acre! Sunset Ridge is adjacent to the partially built Skyborne Masterplan (a former DR Horton development) with 178 homes completed so far and significant infrastructure brought to the subject site.. The subject property is situated only 7.5 miles north of the city of Palm Springs proper. Map currently approved for 499 single family lots, however other uses could potentially be approved here (per city approval) including smaller lots, townhomes, apartments, or potential cannabis or hemp cultivation with zone change (Buyer to Verify).
Listing agent: Erik ChristiansonDRE #01475105echristianson@hoffmanland.com, Listing office: The Hoffman Company
MLS data updated 11/4/2026, 5:50:42 AM PT
Source: CRMLSMLS #: 219019057DA
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$425,000
Dec 6, 2019
Available records22019
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92240 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92240 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.