
29 Palms, California 92277
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $244,900—positioned above the $238,650 Fair Market Value by 2%. While the price reflects a premium, the property’s Condition Rating of 3 and its strategic location near Joshua Tree National Park and the Marine Corps base provide long-term stability. Featuring a large 8,905 sqft lot and scenic mountain views, this home offers significant utility. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-maintained, centrally located desert property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5557 Cahuilla Subject 3 bd · 2 ba · 960 sqft · $249 | $244,900* List Price | 3 | 2 | 960 | $249 | - |
A 5567 Baileya Sold 2 bd · 1 ba · 850 sqft · $259 · 0.2 mi | $220,000 | 2 | 1 | 850 | $259 | 0.2 mi |
B 5415 Cahuilla Sold 2 bd · 1 ba · 957 sqft · $243 · 0.2 mi | $233,000 | 2 | 1 | 957 | $243 | 0.2 mi |
C 5378 Chia Avenue Sold 2 bd · 1 ba · 1,002 sqft · $216 · 0.4 mi | $216,000 | 2 | 1 | 1,002 | $216 | 0.4 mi |
D 5393 Mariposa Avenue Sold 3 bd · 1 ba · 960 sqft · $224 · 0.2 mi | $215,000 | 3 | 1 | 960 | $224 | 0.2 mi |
E 5533 Encelia Drive Sold 2 bd · 1 ba · 832 sqft · $213 · 0.4 mi | $177,500 | 2 | 1 | 832 | $213 | 0.4 mi |
F 72017 Siesta Drive Sold 2 bd · 1 ba · 1,101 sqft · $250 · 0.1 mi | $275,000 | 2 | 1 | 1,101 | $250 | 0.1 mi |
G 5474 Cahuilla Avenue Sold 3 bd · 2 ba · 1,238 sqft · $238 · 0.1 mi | $295,000 | 3 | 2 | 1,238 | $238 | 0.1 mi |
H 72241 Sunnyslope Drive Sold 2 bd · 2 ba · 1,000 sqft · $249 · 0.6 mi | $249,000 | 2 | 2 | 1,000 | $249 | 0.6 mi |
I 5566 Cahuilla Active 3 bd · 1 ba · 1,140 sqft · $236 · 0.0 mi | $268,500 List Price | 3 | 1 | 1,140 | $236 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1972, the property has been well-maintained with visible updates to flooring (laminate and carpet) and fixtures that appear to be within the 5-15 year range. The kitchen is functional with modern appliances, and the home is described as move-in ready and currently undergoing light repairs, meeting the criteria for a well-maintained, functional starter home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8905, living area = 960.
The property is ideally situated near Joshua Tree National Park, the Marine Corps Air Ground Combat Center, and a revitalized downtown, offering high appeal for both residents and short-term rental investors.
Priced competitively at $244,900 for a three-bedroom, two-bathroom configuration, this home represents an affordable entry point into the growing 29 Palms real estate market.
With only 960 square feet of living space for a three-bedroom home, the interior rooms may feel small or cramped, potentially limiting appeal for larger families.
Built in 1972 and previously utilized as a long-term rental, the property may require more extensive modernization or system updates beyond the current light repairs to meet modern buyer expectations.
Welcome to 5557 Cahuilla Avenue. A very nice three bedroom, two bath home in the heart of 29 Palms. This former long term rental would make for a great and affordable starter home or a well located investment property. The home is well maintained and currently getting some grooming and some light repair work from the property management company that oversaw the rental. New pictures to follow. Not only in a great, central location however also very well priced for a three bedroom home. A comfortable layout and well appointed kitchen with a gas stove and oven, dishwasher and built in microwave. The large back yard is a great outdoor space with a covered patio and views of the mountains to the South that border the Joshua Tree National Park. Close to all the area has to offer it is only a short drive to the downtown Twentynine Palms which is seeing a resurgence in business including some great restaurants and shops. A weekly farmers market at Freedom Plaza which is a newer community center with a cultural center and hosting quite a few community events. Close to schools and parks as well. The home is only 8.3 miles to the main entrance to Joshua Tree National Park, just under 8 miles to the 29 Palms Marine Corps base and less than 15 minutes to downtown Joshua Tree.
No exterior & parking available.
Grades K-6 • 1.6 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 | 960 | 1,213.309 |
| Lot Size | 8,905 | 13,719.864 |
| Price | $244.9K | $258.8K |
| Price per sq ft | $255 | $205 |
| Built year | 1972 | 1975 |
| HOA | $0 | $250 |
| Days on market | 12 | 104 |
Oct 12, 2026
$244,900
Initial Listing
May 2, 2017
$75,000
Public Record
Jun 27, 2003
$39,500
Public Record