48584 Canyon House, Morongo Valley, CA 92256

$1,200,000
List Price
$1,200,000
Price Change
▼ $300,000 1709635908
MLS#
EV22212531
Status
ACTIVE
Type
Land

Property Description

You've finally found the place you've been waiting for and the price is now reduced by $300,000 down to only $30,000 per acre! Excellent location for such a large and unique property nestled between beautiful hills that are government land on 3 out of 4 sides and all 4 corners of a perfect 40 acre square! The street bringing you to the property from the main Hwy. 62 is named after the 3 bedroom stone home known as "Canyon House" on the property that was occupied by the original owner from 1939 (deeded directly from President Franklin D. Roosevelt!) until 1977 when the current owner purchased it. Glamping, Cannabis, Your Hideaway Mansion, a Recovery Ranch.... Endless possibilities in this perfect setting convenient to Palm Springs, Desert Hot Springs, Yucca Valley, Joshua Tree and 29 Palms! There are a total of 4 buildings with 5 addresses that are not a part of this sale due to substantial needed repairs (the 3 bedroom home, 2 one bedroom homes and a duplex). The original deed appears to grant water and mineral rights "forever" to heirs and assigns from the Federal Government but Buyer should check with the Bureau of Land Management to be sure. There's a well on the property that hasn't been used for decades and a natural spring near the largest house. Listing Agent has tasted the free water and it was delicious! New electric poles were installed by helicopter recently. There's lots of granite, quartz, pyrite and other rocks and minerals on the property of worth and the soil is very fertile for growing almost anything. At $30,000 per acre for a large, private property, conv

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Courtesy of PREMIER PROPERTIES, BOB SIMPSON.