4689 Palo Alto Avenue, Yucca Valley, California 92284, Yucca Valley, 92284 - 2 bed, 2 bath

4689 Palo Alto Avenue, Yucca Valley, California 92284 home-pic-0
ACTIVE$999,000
4689 Palo Alto Avenue, Yucca Valley, California 92284
2Beds
2Baths
1,500Sqft
108,819Lot

Price Vs. Estimate

The estimated value ($934,370.61) is $64,629.39 (6%) lower than the list price ($999,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Rental Income & Investment Potential: The property boasts a proven track record as a top-performing vacation rental, grossing approximately $165,000 annually and ranking in the top 5% of Airbnbs in Joshua Tree, offering reliable returns and optional turn-key professional management.
Top Cons:
Significant Overpricing Relative to Market Estimation: The current listing price of $999,000 is approximately 19% higher than the estimated property value of $802,644.97, which may impact buyer interest and financing options.

Compared to the nearby listings

Price:$999.0K vs avg $380.0K (+$619,000)99%
Size:1,500 sqft vs avg 1,500 sqft50%
Price/sqft:$666 vs avg $26098%

More Insights

Built in 2023 (2 years old).
Condition: This property was newly built in 2023, making it virtually brand new. The description highlights a 'chef's kitchen with Cafe appliances' and 'spa-inspired bathrooms,' which are confirmed by the images showing modern black cabinetry, sleek fixtures, high-end appliances, and contemporary finishes throughout. All components are new, meet current quality standards, and show no signs of depreciation or deferred maintenance.
Year Built
2023
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$666
HOA
-
Days on market
-
Sold On
-
MLS number
25599599
Home ConditionExcellent
Features
Excellent View: Desert, Mountain(s), Panoramic
Deck
Spa
Patio
ViewDesert, Mountain(s), Panoramic

About this home

Perched on a private hilltop with sweeping 360-degree views, The Foundry is one of the top-performing vacation rentals in the High Desert, grossing approximately $165,000 annually and ranking in the top 5% of Airbnbs in Joshua Tree. This proven track record makes it a standout opportunity for investors seeking reliable returns, with the added option of continued professional management for true turn-key ease. Designed by renowned local developer Building Joshua Tree, the newly built residence merges timeless mid-century architecture with the rugged elegance of its surroundings. Expansive glass walls and soaring ceilings flood the interiors with natural light, while a chef's kitchen with Cafe appliances, two serene bedrooms, and spa-inspired bathrooms balance style with comfort. A retractable-glass sunroom opens to wellness amenities including a cedar hot tub, barrel sauna, and cold plunge that elevate both guest satisfaction and repeat bookings. At the same time, The Foundry offers more than just investment potential. Perfect as a refined second home or an escape from the city, its seamless indoor-outdoor living and tranquil desert setting create a lifestyle rooted in peace, privacy, and connection to nature. Whether enjoyed as a personal retreat or leveraged as a high-performing rental, The Foundry delivers on both lifestyle and legacy.

Condition Rating
Excellent

This property was newly built in 2023, making it virtually brand new. The description highlights a 'chef's kitchen with Cafe appliances' and 'spa-inspired bathrooms,' which are confirmed by the images showing modern black cabinetry, sleek fixtures, high-end appliances, and contemporary finishes throughout. All components are new, meet current quality standards, and show no signs of depreciation or deferred maintenance.
Pros & Cons

Pros

Exceptional Rental Income & Investment Potential: The property boasts a proven track record as a top-performing vacation rental, grossing approximately $165,000 annually and ranking in the top 5% of Airbnbs in Joshua Tree, offering reliable returns and optional turn-key professional management.
Breathtaking Panoramic Views & Private Location: Perched on a private hilltop, the residence offers sweeping 360-degree desert and mountain views, ensuring unparalleled tranquility, privacy, and a deep connection to nature.
Luxury Design & High-End Amenities: Newly built in 2023, the property features sophisticated mid-century architecture, expansive glass walls, a chef's kitchen with Cafe appliances, spa-inspired bathrooms, and unique wellness amenities including a cedar hot tub, barrel sauna, and cold plunge.
Reputable Developer & Quality Construction: Designed by renowned local developer Building Joshua Tree, the property benefits from superior craftsmanship and thoughtful integration with its natural surroundings, ensuring high quality and aesthetic appeal.
Versatile Use & Lifestyle Appeal: Beyond its investment potential, the property serves as an ideal refined second home or a tranquil escape from the city, offering seamless indoor-outdoor living and a lifestyle rooted in peace and privacy.

Cons

Significant Overpricing Relative to Market Estimation: The current listing price of $999,000 is approximately 19% higher than the estimated property value of $802,644.97, which may impact buyer interest and financing options.
Limited Living Space for Price Point: With 2 bedrooms and 1500 sqft, the property offers relatively compact living space for a nearly $1 million price tag, potentially limiting its appeal to buyers seeking a larger primary residence or more expansive accommodations.
Dependence on Vacation Rental Market Performance: While currently a strength, the property's high valuation and appeal are heavily reliant on its continued success and demand within the vacation rental market, making it vulnerable to shifts in tourism trends or local regulations.

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