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$1,195,000

Beds
4
Baths
3.75
sq ft
3,739

67079 Ribbonwood Dr, Mountain Center, CA 92561

67079 Ribbonwood Dr

Mountain Center, CA 92561

  • 61 days on market
    • Price drop $42,500↓
Dream big, this is where it all begins. Escape to your private estate in Mountain Center on a unique 8.57-acre property just 20 minutes from South Palm Desert up Highway 74. Whether you're planning on entertaining guests, hiking, mountain bike trips, equestrian adventures, or simply soaking in nature's beauty, view and evening stargazing, this estate is your ultimate retreat.The property is fully fenced with a private entrance, a main house, private well, detached garage/workshop, and is close to hiking and riding trails which all combine comfort, outdoor living and adventure. The main house features 4-bedrooms, with two ensuite bedrooms, a guest room, and a lower-level apartment with private access, adjacent is a three car garage, which is partially used as a gym. Inside, enjoy 10' ceilings in the living room, framed by a picture window that captures breathtaking mountain views like many of the other windows throughout the home. The chef's kitchen features custom cabinetry, granite counters, double ovens, and dual sinks. Step outside to the expansive patio, perfect for entertaining or stargazing under desert skies. Equestrian lovers will adore the 5-stall stable complete with a paddock, tack and feed rooms, lighting, and running water. There is an expansive garden, and adjacent greenhouse. The upper lot has 4 RV parking spaces with water & electric hookups. This estate is a blank slate to make your own additions or enjoy as is.

Details

Property type

Single Family Residence

Est. home value

$832,774

Lot size

8.57 acres

Price per sq ft

$320

Year built

1977

Price History

01/23/2025
DesertArea

DesertArea #219121870

Price change
$1,195,000
-3.43%
01/01/2025
DesertArea

DesertArea #219117232

Removed
$1,237,500
01/01/2025
DesertArea

DesertArea #219121870

Listed
$1,237,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$966,843
Asking price
$1,195,000
Closing costs (~8% of asking)
-$95,600
Est. remaining loan balance
-$132,557
Cash to seller
$966,843

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homestreet Bank

Loan start date

February 2015

Original loan amount

$169,000

Est. remaining balance

$132,557

Interest rate

3.87%

Loan type

New Conventional, 30 year

Seller

Alexandra B Napier and Jason Laurence

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/03/2025 at 1:55 PM

Listing updated: 02/16/2025 at 11:51 PM

Listed by: Rachel Wills, Vista Sotheby's International Phone #: (310) 546-7611

MLS: DesertArea #219121870

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