2724 Stonehill Avenue, Joshua Tree, California 92252, Joshua Tree, 92252 - 2 bed, 2 bath

2724 Stonehill Avenue, Joshua Tree, California 92252 home-pic-0
ACTIVE$560,000
2724 Stonehill Avenue, Joshua Tree, California 92252
2Beds
2Baths
1,344Sqft
91,040Lot

Price Vs. Estimate

The estimated value ($557,000) is $3,000 (0%) lower than the list price ($560,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 91040, living area = 1344.
Top Cons:
Unpaved Road Access: Access to the property involves a short drive on an unpaved road, which may be a minor inconvenience for some guests or buyers, particularly with certain vehicle types.

Compared to the nearby listings

Price:$560.0K vs avg $390.0K (+$170,000)74%
Size:1,344 sqft vs avg 1,251.5 sqft59%
Price/sqft:$417 vs avg $30870%

More Insights

Built in 1966 (59 years old).
Condition: Despite being built in 1966, the property has undergone an extensive and high-quality renovation, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, dark countertops, new stainless steel appliances (including a modern refrigerator), and contemporary black fixtures. Both bathrooms are luxurious and updated with modern vanities, vessel sinks, black fixtures, subway tile, a deep soaking tub, and a walk-in shower. New wood-look flooring is consistent throughout the living areas and bedrooms, and the overall aesthetic is fresh and modern. The property's success as a highly-rated Airbnb further indicates its excellent, move-in ready condition with virtually new components and no deferred maintenance in key areas.
Year Built
1966
Close
-
List price
$560K
Original List price
$639K
Price/Sqft
$417
HOA
-
Days on market
-
Sold On
-
MLS number
25504999
Home ConditionExcellent
Features
Excellent View: Desert
Pool
Spa
Patio
ViewDesert

About this home

Welcome to Stonehill Retreat, a highly rated and well-established Airbnb with over 100 five-star reviews and nearly $50,000 in annual revenue. This charming 2-bedroom, 2-bath home is the perfect blend of comfort, style, and desert serenity, located just 10 minutes from Joshua Tree National Park Visitor Center. Designed with relaxation in mind, the property features a hot tub, cowboy pool, propane fire pit, BBQ, meditation labyrinth, and an outdoor garden space - all set against the stunning backdrop of the Mojave Desert. The fully fenced 2 acre lot provides privacy, while Starlink high-speed internet ensures seamless connectivity for remote work or streaming. Inside, the home boasts an inviting open-concept living area, a primary suite with a king bed and luxurious deep soaking tub, and a second bedroom with a queen bed and access to a full bath with a shower/tub combination. The well-stocked kitchen includes everything needed for morning coffee or preparing meals. Situated in a quiet neighborhood, the property is easily accessible via a short drive on an unpaved road. Whether you're looking for a profitable short-term rental or a personal desert getaway, Stonehill Retreat is a rare opportunity to own an income-generating property in one of the most sought-after destinations near Joshua Tree. Don't miss out on this thriving investment, reach out today for financials and more details!

Condition Rating
Excellent

Despite being built in 1966, the property has undergone an extensive and high-quality renovation, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, dark countertops, new stainless steel appliances (including a modern refrigerator), and contemporary black fixtures. Both bathrooms are luxurious and updated with modern vanities, vessel sinks, black fixtures, subway tile, a deep soaking tub, and a walk-in shower. New wood-look flooring is consistent throughout the living areas and bedrooms, and the overall aesthetic is fresh and modern. The property's success as a highly-rated Airbnb further indicates its excellent, move-in ready condition with virtually new components and no deferred maintenance in key areas.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 91040, living area = 1344.
Proven Short-Term Rental Performance: The property boasts a strong track record as a highly-rated Airbnb with over 100 five-star reviews and nearly $50,000 in annual revenue, indicating a robust income-generating asset.
Prime Tourist Location: Its desirable location, just 10 minutes from the Joshua Tree National Park Visitor Center, makes it exceptionally attractive to tourists and outdoor enthusiasts.
Comprehensive Outdoor Amenities: The property offers an array of curated outdoor amenities, including a hot tub, cowboy pool, propane fire pit, BBQ, and meditation labyrinth, significantly enhancing guest experience and appeal.
Expansive and Private Desert Setting: A fully fenced 2-acre lot provides ample privacy and space, complemented by the stunning natural backdrop of the Mojave Desert.
High-Speed Internet Connectivity: Equipped with Starlink high-speed internet, the property ensures seamless connectivity, a crucial feature for remote workers and modern travelers.

Cons

Unpaved Road Access: Access to the property involves a short drive on an unpaved road, which may be a minor inconvenience for some guests or buyers, particularly with certain vehicle types.
Age of Property: Built in 1966, the home is older, which could imply potential for future maintenance or the need for updates to systems or infrastructure not explicitly mentioned as renovated.
Recent Price Reduction: The property has undergone a significant price reduction from its original listing price of $639,000, which might suggest an initial overvaluation or extended market time, potentially impacting buyer perception.

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