
29 Palms, California 92277
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $239,900—positioned well below the $245,302 Fair Market Value by 2%. This valuation gap offers $5,402 in Instant Equity. Featuring a Mint Condition Rating with recent renovations, including a new kitchen and flooring, the property offers immediate move-in readiness. With scenic mountain views and proximity to the Morongo Unified school district, this home is an ideal acquisition for first-time buyers or buy-and-hold investors seeking a low-maintenance, high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5447 Mariposa Avenue Subject | $239,900* List Price | 2 | 1 | 864 | $284 | - |
A 5393 Mariposa Avenue Sold | $215,000 | 3 | 1 | 960 | $224 | 0.1 mi |
B 5378 Chia Avenue Sold | $216,000 | 2 | 1 | 1,002 | $216 | 0.4 mi |
C 72017 Siesta Drive Sold | $275,000 | 2 | 1 | 1,101 | $250 | 0.1 mi |
D 72241 Sunnyslope Drive Sold | $249,000 | 2 | 2 | 1,000 | $249 | 0.7 mi |
E 6238 Mariposa Sold | $305,000 | 3 | 2 | 1,112 | $274 | 1.0 mi |
F 6026 Morongo Road Sold | $290,000 | 3 | 2 | 1,021 | $284 | 0.7 mi |
G 6213 Mariposa Sold | $266,000 | 3 | 2 | 999 | $266 | 1.0 mi |
H 5415 Cahuilla Active | $229,000 List Price | 2 | 1 | 957 | $239 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1978, the property has undergone a comprehensive recent renovation (likely <5 years). The kitchen features brand-new shaker cabinets, quartz countertops, and stainless steel appliances with protective film still attached. The bathroom is fully updated, and the interior shows new flooring and fresh paint throughout, meeting the criteria for mint condition with no immediate maintenance required.
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 = 864.
The property boasts impressive views of the surrounding mountains and city lights, providing a picturesque backdrop that is highly sought after in the 29 Palms area.
Listed at $239,900, this home represents an affordable entry-level opportunity for first-time homebuyers or investors looking to enter the California market.
At just 864 square feet, the compact interior layout may be restrictive for growing families or buyers requiring additional storage and living area.
Built in 1978, the property may require updates to its original systems and cosmetic finishes to align with modern energy efficiency and design standards.
Exceptional opportunity in 29 Palms. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-6 • 1.6 mi
Grades 7-8 • 3.1 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 864 | 1,205.897 |
| Lot Size | 8,775 | 15,574.879 |
| Price | $239.9K | $259.5K |
| Price per sq ft | $278 | $203 |
| Built year | 1978 | 1974 |
| HOA | $0 | $250 |
| Days on market | 11 | 98 |
Aug 29, 2026
$239,900
Initial Listing
Jul 25, 2001
$23,500
Public Record