
29 Palms, California 92277
This property presents a High-Potential Investment Opportunity with a List Price of $198,900—positioned well below the $197,780 Fair Market Value by -0.57%. While the property requires significant renovation, its Fair Condition Rating and large 8,775 sqft lot provide a blank canvas for value-add strategies. Featuring Mountain Views and a functional 1990-built floor plan, this asset is well-positioned for those capable of managing a comprehensive rehab. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a high-margin project in 29 Palms.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5333 Baileya Subject 3 bd · 2 ba · 1,320 sqft · $151 | $198,900* List Price | 3 | 2 | 1,320 | $151 | - |
A 71762 El Paseo Sold 3 bd · 2 ba · 1,316 sqft · $123 · 1.0 mi | $161,700 | 3 | 2 | 1,316 | $123 | 1.0 mi |
B 5444 Daisy Ave Sold 3 bd · 1 ba · 1,132 sqft · $170 · 0.2 mi | $192,000 | 3 | 1 | 1,132 | $170 | 0.2 mi |
C 5688 Baileya Active 3 bd · 2 ba · 1,250 sqft · $180 · 0.4 mi | $225,000 List Price | 3 | 2 | 1,250 | $180 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1990 (34+ years old) with no evidence of renovations. The listing explicitly states it 'needs some TLC' and is a 'diamond in the rough' for investors, indicating the kitchen, baths, and systems likely require significant rehab rather than minor updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8775, living area = 1320.
Priced significantly below fair market value at $198,900, this property presents a high-margin opportunity for investors or buyers looking to build immediate equity through renovations.
Built in 1990, the home offers a more contemporary 3-bedroom, 2-bathroom floor plan and updated structural standards compared to the older mid-century stock common in the 29 Palms area.
The listing explicitly identifies the home as needing 'TLC,' indicating that significant immediate capital investment is required to address cosmetic or functional repairs.
Given its 'diamond in the rough' status, the property's condition may pose challenges for traditional FHA or VA financing, potentially limiting the buyer pool to cash investors or conventional renovation loans.
**GREAT OPPORTUNITY TO OWN A LOW PRICED HOME THAT NEEDS SOME TLC** Calling all investors to check out this diamond in the rough, that is well below fair market value. Come view it and lock it in before its gone!
No exterior & parking available.
Grades K-6 • 1.9 mi
Grades 7-8 • 3.4 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,320 | 1,213.309 |
| Lot Size | 8,775 | 13,719.864 |
| Price | $198.9K | $258.8K |
| Price per sq ft | $151 | $205 |
| Built year | 1990 | 1975 |
| HOA | $0 | $250 |
| Days on market | 37 | 104 |
Sep 17, 2026
$198,900
Initial Listing