48823 Tamarisk Dr, Morongo Valley, CA 92256

Property Description

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.