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Welcome to 19900 Diamond Ave, Desert Hot Springs. A Rare 4.79-Acre Property with Incredible Potential, Natural Hot Water & Stunning Desert Views. Discover the possibilities at this unique and beautifully renovated 4.79-acre property in the Sky Valley area of unincorporated Riverside County. Completely fenced and offering exceptional privacy, this property combines comfortable living with outstanding potential for future expansion. Step inside the thoughtfully renovated home and you'll immediately appreciate the inviting full kitchen and bath, tile flooring throughout, and an updated HVAC system. The home is move-in ready and designed for comfortable desert living. One of the property's most remarkable features is its private hot water well, producing naturally heated water at approximately 122 degrees. A cooling pond allows the well water to be utilized effectively, while newly installed water valves help maximize water efficiency throughout the landscaping. Coachella Valley Water is also available on the property. The expansive lot offers plenty of room to enjoy the desert lifestyle. The rear portion of the property is flat and ready for additional development. Sky Valley allows up to two homes on qualifying properties, providing an exciting opportunity for a second residence, guest home, or additional living space, buyer to verify all zoning and development requirements with Riverside County. Additional features include a dedicated fenced area for your dogs, breathtaking eastern desert and mountain views, and IID electric, which may provide significant savings on electricity compared with other local utility providers.With a property of this size, the existing infrastructure adds tremendous value. Bringing electricity to a raw parcel, establishing a water connection, and drilling a well can represent a substantial expense potentially around $200,000 or more, depending on circumstances and site requirements. The property also has a proven history as a vacation rental, having performed well over the years and attracting many repeat guests. Buyers interested in continuing this use should review current Riverside County short-term vacation rental regulations and requirements. Whether you're looking for a private desert retreat, an income-producing property, or a unique opportunity with room to expand, 19900 Diamond Ave offers an exceptional combination of land, infrastructure, amenities, and potential. Call today to schedule your private showing and experience this one-of-a-kind property for yourself.
Listing agent: Kevin Stern DRE #01376548 kevin@kevinstern.com, Listing office: Town Real Estate
MLS data updated 10/16/2026, 9:57:22 PM PT
Source: CRMLS, MLS #: 26875955PS
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 28, 2026
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
$549,000Original asking price · Aug 28, 2026ZIP 92241 · Aug 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.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.
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.