5333 Baileya, 29 Palms, California 92277, 29 Palms, 92277 - 3 bed, 2 bath
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29 Palms, California 92277
This property presents a High-Potential Investment Opportunity with a List Price of $199,900—positioned well below the $133,455 Fair Market Value by -49%. While the home carries a Condition Rating of 5, the 8,775 sqft lot and 1990 construction provide a solid foundation for value-add renovations. Located in the Morongo Unified district, this asset offers significant upside for Fix-and-Flip Investors or Contractors capable of managing a full-scale rehab. Its mountain views and structural potential make it a compelling project for those seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5333 Baileya Subject | $199,900* List Price | 3 | 2 | 1,320 | $101 | - |
A 5464 Mariposa Sold | $235,000 | 3 | 2 | 1,293 | $182 | 0.3 mi |
B 5304 Morongo Road Sold | $259,000 | 3 | 2 | 1,470 | $176 | 0.3 mi |
C 6062 Daisy Avenue Sold | $199,888 | 3 | 1 | 1,050 | $190 | 0.9 mi |
D 71762 El Paseo Active | $192,850 List Price | 3 | 2 | 1,316 | $147 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1990 (36 years old), the property is a probate sale requiring significant 'elbow grease' and additional funds. The listing explicitly states it may not qualify for traditional financing due to its current condition, which typically indicates safety, structural, or system defects that necessitate a full rehab.
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 market at $199,900, this property offers a high equity-building opportunity for investors or DIY buyers looking for a 'deal of a lifetime' in the High Desert.
Built in 1990, the home features a more contemporary 3-bedroom, 2-bathroom layout and construction quality compared to the older, smaller cabins frequently found in the 29 Palms area.
The listing explicitly notes the need for 'elbow grease' and extra funds, indicating significant deferred maintenance or repairs are required to make the home habitable or marketable.
Due to its current condition and status as a probate sale, the property may not qualify for traditional FHA or conventional financing, likely requiring a cash-only purchase or hard money loan.
This single story full authority probate sale is a great starter home with the right buyer with a little elbow grease and some extra funds to get it the way you want it! Only serious buyers considered and may not finance due to its current condition. Arrange for a showing ASAP to get the deal of a lifetime!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,320 | 1,188 | 62% |
| Lot Size | 8,775 | 12,776 | 27% |
| Price | $199.9K | $254.5K | 23% |
| Price per sq ft | $151 | $218 | 12% |
| Built year | 1990 | 1978 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 192 | 1% |
May 28, 2026
$199,900
Initial Listing