
29 Palms, California 92277
This Value-Add Desert Asset is a High-Potential Investment Opportunity with a List Price of $150,000—positioned well below the $151,989 Fair Market Value by 1%. This acquisition offers $1,989 in Instant Equity. The property carries a Condition Rating of 6, requiring a complete remodel, but provides significant value via its 5-acre lot bordered by protected BLM land. Featuring established well, power, and septic utilities and panoramic mountain views, this is an ideal project for Fix-and-Flip Investors or Contractors targeting rural redevelopment.
Property is land value only, full reconstruction required.
Built in 1958, this property is over 50 years old and shows no evidence of major renovations in the past 50 years. The listing explicitly states it 'will need a complete remodel,' and the images confirm an unlivable condition with severe deterioration throughout. The kitchen is non-functional, the bathroom is extremely basic and dirty, and interior surfaces (walls, ceilings, floors) are damaged. The property's value is primarily in its 5 acres of land and existing utilities (well, power, septic), aligning with the 'tear-down' criteria where the structure is effectively beyond repair for practical habitation.
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 = 1092.
A generous 5-acre lot offering exceptional privacy, bordered by over 700 acres of protected BLM land, ensuring unobstructed views and minimal neighbors.
Essential infrastructure including a great well, power, and septic system are already connected, significantly reducing initial development costs and complexities.
The property explicitly needs a 'complete remodel,' indicating substantial financial investment and time commitment for rehabilitation.
Built in 1958, the existing 1-bed, 1-bath, 1092 sqft structure is likely outdated and will require comprehensive upgrades to meet modern standards.
The current condition and small footprint (1 bed, 1 bath) suggest limited immediate livability, primarily appealing to cash buyers or those prepared for a major project.
Diamond in the Rough! This property has soo much potential. It has a great well, 5 acres surrounded by BLM Land, very few neighbors and horse stables. It will need a complete remodel, but there is water, power and septic connected. Unilimited views and privacy. The views are protected by over 700 acres of BLM Land which surround this property. The prior owner had several horses, hens and a small garden with irrigation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 11% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 1,092 | 1,184 | 35% |
| Lot Size | 217,800 | 14,508 | 83% |
| Price | $150.0K | $250.0K | 11% |
| Price per sq ft | $137 | $224 | 7% |
| Built year | 1958 | 1966 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 195 | 8% |
Jan 30, 2026
$150,000
Initial Listing