4040 Peter Rabbit, Twentynine Palms, California 92277, Twentynine Palms, 92277 - 2 bed, 1 bath
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Twentynine Palms, California 92277
This Value-Add Desert Asset represents a Strong Value Opportunity with a List Price of $150,000—positioned well below the $159,285 Fair Market Value by 5%. This valuation gap offers $9,285 in Instant Equity for buyers prepared to rehabilitate a property with a Condition Rating of 5. Situated on a 5-acre hilltop lot with a private well and 2-car garage, the property offers panoramic 360-degree views and significant forced appreciation potential. This is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Property is extensive renovation needed.
Built in 1957, this property is in largely original condition and requires substantial rehabilitation. The interior features outdated wood paneling, aged kitchen cabinetry, and original bathroom fixtures that show significant wear and tear, consistent with the listing's description as a 'blank canvas' needing repairs.
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 = 984.
Situated on 5 scenic acres with full chain-link fencing and a hilltop position, this property offers exceptional privacy and ample space for expansion or outdoor desert living.
The elevated location provides stunning 360-degree views of the desert landscape and surrounding mountains, making it a premier spot for a scenic retreat.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The home is in need of repairs and is marketed as a 'blank canvas,' requiring a buyer prepared for a full renovation project and additional capital investment.
Built in 1957, the property likely requires modernization of major systems such as electrical, plumbing, and insulation to meet current comfort and safety standards.
2-bedroom home in Wonder Valley situated on 5 scenic acres, fully enclosed with chain-link fencing and equipped with a private well. Perched atop a hill, this property offers breathtaking 360-degree views of the surrounding desert landscape and mountains. Features include a 2-car garage and endless potential. The home does need repairs, making it the perfect blank canvas to create your dream retreat and enjoy true peace and privacy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 984 | 1,180 | 27% |
| Lot Size | 217,800 | 13,290 | 88% |
| Price | $150.0K | $254.5K | 10% |
| Price per sq ft | $152 | $218 | 12% |
| Built year | 1957 | 1977 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 103 | 192 | 13% |
Feb 23, 2026
$150,000
Initial Listing
Mar 20, 1998
$18,000
Public Record