1120 Shangri La Lane, Joshua Tree, California 92252, Joshua Tree, 92252 - 2 bed, 2 bath
Loading property details...
Joshua Tree, California 92252
This High-Potential Desert Asset presents a High-Potential Investment Opportunity with a List Price of $325,000—positioned well below the $388,940 Fair Market Value by 16%. This valuation gap provides $63,940 in Instant Equity for buyers ready to modernize this Condition Rating 4 property. The expansive 7.27-acre lot backs to BLM land and includes a 640 sq. ft. detached studio, owned solar, and panoramic mountain views, offering significant forced appreciation potential. This is a strategic acquisition for Fix-and-Flip Investors or Value-Add Buyers seeking a high-yield project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1120 Shangri La Lane Subject | $325,000* List Price | 2 | 2 | 1,895 | $205 | - |
A 1224 Shangri La Lane Active | $325,000 List Price | 1 | 1 | 1,937 | $168 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, this property is a classic 'fixer-upper' described as a diamond in the rough. While the home appears habitable with functional solar power and a detached studio, the interior features—including the tile flooring, basic light fixtures, and overall aesthetic—are dated and require modernization. The property shows signs of age and deferred cosmetic maintenance, but major components appear functional rather than structurally compromised.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 316681, living area = 1895.
Situated on 7.27 acres and backing up to BLM land, the property offers unparalleled privacy and unobstructed panoramic mountain views in a sought-after desert location.
The 640 sq. ft. mid-century block studio with exposed beams and a propane wood stove provides significant value as a creative workspace or potential guest unit.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1895, other record living area = 1255.
Characterized as a 'diamond in the rough,' the 1956 original structure likely requires substantial investment in repairs and modern updates to reach its full market value.
Given the age of the home and the use of propane wood stoves for heating in the studio, buyers may need to modernize the HVAC and utility systems for year-round comfort.
Excellent opportunity in N Joshua Tree! This 2 bed/2 bath 1956 house with detached studio enjoys 7.27 acres, providing plenty of wide open space with big skies and panoramic views of distant mountains. It's a diamond in the rough ready to be polished. The house is laid out nicely with an open living area/kitchen that includes a cozy fireplace. The master bedroom wraps around a fenced-in garden area complete with spa and provides it's own private access. The house has a seller owned, roof mounted 4.0kW solar electric system. The property includes a detached 640 sq ft studio done in mid century block construction with shed roof and charming exposed beams on ceiling. Studio is heated by a propane wood stove and includes an outdoor shower. There is a large tuff shed for extra storage. The lot backs up to BLM land. Just a few minutes from down town Joshua Tree and Landers. Don't miss out on this high desert property with huge potential! Call today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 49% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,895 | 1,317 | 83% |
| Lot Size | 316,681 | 42,796 | 97% |
| Price | $325.0K | $403.8K | 30% |
| Price per sq ft | $172 | $319 | 10% |
| Built year | 1956 | 1981 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 201 | 1% |
Mar 15, 2026
$325,000
Initial Listing