5509 Mariposa Avenue, 29 Palms, California 92277, 29 Palms, 92277 - 3 bed, 2 bath
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29 Palms, California 92277
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $299,900—positioned well below the $311,634 Fair Market Value by 3%. This valuation gap offers $11,734 in Instant Equity for buyers. Featuring an Excellent Condition Rating with a 2024 roof, HVAC, and paid-off solar, this home provides immediate energy efficiency. The oversized lot offers mountain views and ample storage for recreational vehicles. This is an ideal acquisition for first-time buyers or investors seeking a low-maintenance, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5509 Mariposa Avenue Subject | $299,900* List Price | 3 | 2 | 1,238 | $254 | - |
A 5474 Cahuilla Avenue Sold | $295,000 | 3 | 2 | 1,238 | $238 | 0.1 mi |
B 72017 Siesta Drive Sold | $275,000 | 2 | 1 | 1,101 | $250 | 0.1 mi |
C 5671 Encelia Sold | $350,000 | 3 | 2 | 1,144 | $306 | 0.5 mi |
D 72241 Sunnyslope Drive Sold | $249,000 | 2 | 2 | 1,000 | $249 | 0.6 mi |
E 5455 Mariposa Avenue Sold | $330,000 | 3 | 2 | 1,624 | $203 | 0.1 mi |
F 6012 Regino Sold | $342,000 | 3 | 2 | 1,314 | $260 | 1.0 mi |
G 5616 Cahuilla Avenue Sold | $305,000 | 4 | 2 | 1,405 | $217 | 0.2 mi |
H 71937 Samarkand Drive Sold | $275,000 | 2 | 1 | 998 | $276 | 0.3 mi |
I 5393 Mariposa Avenue Active Under Contract | $210,000 List Price | 3 | 1 | 960 | $219 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1983, the property qualifies as excellent due to major 2024 renovations including a brand-new roof and HVAC system. The interior features a modernized kitchen with stainless steel appliances, updated hard-surface flooring throughout, and the added value of paid-off solar panels, making it a mint-condition, low-maintenance home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10048, living area = 1238.
The property features paid-off solar panels and a brand-new roof and AC system installed in 2024, providing significant long-term utility savings and reducing immediate maintenance costs.
Priced under $300,000 and eligible for 100% USDA financing, this home offers a highly accessible entry point for first-time buyers or investors seeking strong value.
The assigned elementary and junior high schools carry ratings of 4 out of 10, which may be a drawback for families prioritizing high-performing educational districts.
At 1,238 square feet, the interior living space is relatively modest, which could feel restrictive for larger families or those requiring more expansive indoor square footage.
Charming, affordable, and move-in ready, this delightful 3-bedroom, 2-bath home , located in the Chocolate Drop area offers exceptional value with a spacious lot, modern upgrades, and beautiful mountain views, all for under $300,000! Situated on just over a quarter-acre, the property provides plenty of room for outdoor living, recreation, and storage of your RV, camper, boat, or other desert toys.Inside, you'll appreciate the easy-care flooring throughout with no carpet, creating a clean and low maintenance environment ideal for desert living. The comfortable floor plan offers inviting living spaces, functional bedrooms, and abundant natural light.Major improvements have already been completed, including a new roof and new air conditioning system installed in 2024, along with paid-off solar, helping to provide energy efficiency and long-term savings for years to come.Step outside to a covered patio overlooking the fully fenced backyard where you can relax, entertain, or simply enjoy the surrounding mountain views and open desert skies. The oversized lot offers endless possibilities for gardening, play areas, workshops, or additional parking.Adding to the home's affordability, it is eligible for 100% financing through the USDA loan program for qualified buyers, making homeownership more attainable than ever.Whether you're a first-time buyer, growing family, retiree, or investor seeking value and space, this well maintained property combines comfort, affordability, and desirable upgrades in one attractive package. Don't miss this opportunity to own a move-in ready home with paid solar, major system updates, mountain views, and room for all your recreational vehicles and outdoor lifestyle needs.
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades 7-8 • 3.1 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,238 | 1,193 |
| Lot Size | 10,048 | 17,750 |
| Price | $299.9K | $264.5K |
| Price per sq ft | $242 | $213 |
| Built year | 1983 | 1976 |
| HOA | $0 | $250 |
| Days on market | 34 | 98 |
Jun 18, 2026
$299,900
Initial Listing
Nov 14, 2023
$270,000
Public Record
Feb 17, 2021
$197,000
Public Record
Jul 21, 2015
$90,000
Public Record
Mar 13, 2013
$70,000
Public Record