5626 Morongo, 29 Palms, California 92277, 29 Palms, 92277 - 3 bed, 2 bath
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29 Palms, California 92277
This High-Potential Investment Opportunity is a Single Family Residence listed at $225,000—positioned well below the $284,110 Fair Market Value by 20%. This valuation gap offers $59,110 in Instant Equity. With a Good Condition Rating, the home features a functional open floor plan, dual HVAC/evaporative cooling, and a 500 sqft garage. Its proximity to Joshua Tree National Park and the US Marine base makes it a prime asset for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5626 Morongo Subject | $225,000* List Price | 3 | 2 | 1,393 | $204 | - |
A 72183 Sunnyvale Sold | $230,000 | 3 | 2 | 1,254 | $183 | 0.5 mi |
B 5464 Mariposa Sold | $235,000 | 3 | 2 | 1,293 | $182 | 0.2 mi |
C 6185 Chia Sold | $229,000 | 3 | 2 | 1,270 | $180 | 0.8 mi |
D 6062 Daisy Avenue Sold | $199,888 | 3 | 1 | 1,050 | $190 | 0.7 mi |
E 6206 Abronia Sold | $182,500 | 2 | 1 | 1,082 | $169 | 0.8 mi |
F 5441 Chia Active | $275,000 List Price | 3 | 2 | 1,325 | $208 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, the property is 18 years old, placing it squarely in the 'Good' category (10-20 years). The home features functional tile countertops and flooring, a move-in ready open floor plan, and includes both HVAC and evaporative cooling systems in working order.
The property is ideally situated near Joshua Tree National Park and the US Marine base, making it a prime candidate for short-term rentals or military housing.
Built in 2008, the home features a dual cooling system (HVAC and evaporative cooler) and an oversized 500 sqft garage, offering better efficiency and storage than many older desert properties.
Priced competitively at $225,000 for a move-in-ready 3-bedroom home, this property offers a low barrier to entry for first-time buyers or investors looking for high yield potential.
The use of tile countertops and builder-grade cabinetry may feel dated to modern buyers, potentially requiring future capital investment for cosmetic upgrades.
At 1,393 square feet for a three-bedroom layout, the individual room sizes and common areas may feel restrictive for those seeking a more expansive floor plan.
Priced to sell! This 3-bedroom, 2-bathroom home boasts 1,393 square feet and is located just minutes from shopping, dining, and schools. It’s also a short drive to the world-famous Joshua Tree National Park and the US Marine base, making it a great opportunity in the Chocolate Drop area of 29 Palms! As you pull up, you’ll immediately notice the large, mature shade tree and the welcoming two-car garage. Stepping inside, you will find a spacious open floor plan featuring tile flooring and a ceiling fan. The kitchen, designed with entertaining in mind, opens up to the living area, allowing you to prepare your favorite meals while still being part of the action. It is equipped with tile countertops, plenty of cabinetry, a stove/oven, and a built-in microwave. Each guest bedroom is generously sized, and the guest bathroom is outfitted with a full bathtub/shower, tile flooring, and a vanity. The primary bedroom is spacious and features a private bathroom with a bathtub/shower, dual vanity, and tile flooring. Stepping back outside, you’ll discover a covered patio and backyard, surrounded by wood privacy fencing. This is a fantastic space for barbecues, get-togethers, or outdoor dining experiences! Additional features include HVAC for heating and cooling, an evaporative cooler, ceiling fans, and an oversized two-car garage measuring approximately 500 square feet. Don’t miss out on this opportunity—call today for your private showing!
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades 7-8 • 3.0 mi
Grades 9-12 • 1.1 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 | 1,393 | 1,184 | 67% |
| Lot Size | 8,557 | 12,552 | 27% |
| Price | $225.0K | $255.0K | 32% |
| Price per sq ft | $162 | $218 | 14% |
| Built year | 2008 | 1978 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 192 | 1% |
May 17, 2026
$225,000
Initial Listing
Mar 10, 2009
$155,000
Public Record
Sep 27, 2004
$6,500
Public Record