290 Bluegrass Road, 29 Palms, California 92277, 29 Palms, 92277 - 3 bed, 1 bath
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29 Palms, California 92277
This High-Potential Investment Opportunity is listed at $349,000, positioned above the $310,241 Fair Market Value. While currently priced above market, the property features a Condition Rating of 2 following a complete gut renovation. With a massive 5-acre lot, panoramic desert views, and established Airbnb rental history, this asset offers significant upside through potential subdivision or ADU development. The turnkey interior and unique outdoor amenities make this a compelling choice for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 290 Bluegrass Road Subject | $349,000* List Price | 3 | 1 | 1,451 | $214 | - |
A 69626 Brant Cross Roads Sold | $299,000 | 2 | 1 | 1,692 | $177 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1955 build date, the property has undergone a complete gut renovation. It features a new roof, new septic system, new water heater, and an upgraded electrical panel. The interior is in mint condition with modern mini-split HVAC systems, updated kitchen with wood countertops, and a renovated bathroom, requiring no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 1451.
Operating as a successful Airbnb for over six years, the property is gut-renovated and offered fully furnished, providing an immediate 'plug-and-play' investment opportunity.
The five-acre lot offers significant upside, including the potential to subdivide into two parcels or convert the detached garage into a secondary ADU or creative studio.
With three bedrooms but only one bathroom, the layout may be restrictive for larger groups, potentially impacting guest comfort or rental scalability.
The property’s 'off-grid vibe' involves access via remote dirt roads, which may require additional vehicle considerations and ongoing maintenance compared to paved suburban locations.
** HUGE PRICE DROP ** PRICED TO SELL! ** Looking for a Joshua Tree classic on 5 acres? Look no further: Moon Ranch has been a guest favorite on Airbnb for over 6 years. Property can be sold fully furnished with all decor, furnitures and supplies in place. New roof, new septic, new water heater, walk in shower, wood countertops, popular open shelving, custom wood tables, gut renovated with mini splits, low hanging lights and a huge lockable storage closet / pantry. Electric panel has been upgraded plus a mini electric panel in the garage in the detached garage. The garage is currently set up as a detached bedroom suite but would make a really cool game room / art studio or possible ADU with a wall of glass sliders (buyer to do their own due diligence). The lot to the east is government land and this is just a few lots away from endless Northern views. The stars and moons here are EPIC. This house has it all: hot tub, cowboy tub, Edison lights, hammocks, grill, candy colored sunsets and wild bunnies. There is a popular "cowboy" mini golf and outdoor bowling lanes on the property as well! You can upgrade the course or use your own imagination for new amenities (seller can remove course during escrow if desired). This is one to see in person, it has beautiful designer lighting and an open layout great for groups and lots of natural light. White Moon Ranch is ready for a new owner to add their own touches, expand with a pool, add a glass dome or possibly subdivide into two 2.5 acre lots and build. (Buyer to do their own due diligence.) This location has the remote dirt road, off grid vibes that are so incredibly popular in Joshua Tree while being completely on grid. Bring your creativity and imagination and come be the next steward of this popular desert ranch. Would be a great candidate for solar as well! Driving Directions * From Pole Line, North on Wilson, stay left when Wilson forks, Left on Brant Crossing Right on Bluegrass.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 1,451 | 1,192 | 70% |
| Lot Size | 217,800 | 13,580 | 88% |
| Price | $349.0K | $255.0K | 82% |
| Price per sq ft | $241 | $220 | 71% |
| Built year | 1955 | 1978 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 192 | 1% |
May 19, 2026
$349,000
Initial Listing
Mar 25, 2019
$57,000
Public Record
Feb 20, 2008
$36,000
Public Record