5890 Olema Road, Yucca Valley, California 92284, Yucca Valley, 92284 - 3 bed, 2 bath
ACTIVE$799,000
5890 Olema Road, Yucca Valley, California 92284
3Beds
2Baths
1,784Sqft
111,949Lot
Price Vs. Estimate
The estimated value ($774,275.95) is $24,724.05 (3%) lower than the list price ($799,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 111949, living area = 1784.
Top Cons:
Recent Price Reductions: The listing history shows multiple price reductions from $849,900 to $799,000, which could indicate market resistance or initial overpricing.
Compared to the nearby listings
Price:$799.0K vs avg $380.0K (+$419,000)96%
Size:1,784 sqft vs avg 1,500.5 sqft67%
Price/sqft:$448 vs avg $26093%
More Insights
Built in 2022 (3 years old).
Condition: This property was built in 2022, making it a brand-new construction. The images showcase a thoroughly modern and high-quality design throughout. The kitchen features new stainless steel appliances, sleek flat-panel cabinetry, white solid surface countertops, and contemporary lighting. Bathrooms are equally modern with a freestanding tub and stylish tiling. All visible components, including flooring and light fixtures, are new, meet current quality standards, and show no signs of wear or deferred maintenance.
Year Built
2022
Close
-
List price
$799K
Original List price
$850K
Price/Sqft
$448
HOA
-
Days on market
-
Sold On
-
MLS number
WS25124663
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s), Neighborhood, Panoramic
Spa
Patio
ViewCity Lights,Mountain(s),Neighborhood,Panoramic
About this home
Welcome to your desert oasis in Yucca Valley! This fully furnished, tastefully designed home offers the perfect blend of style and comfort, making it an ideal luxury short-term rental or personal retreat. Take in the 180-degree panoramic views of the surrounding mountains and desert landscapes—perfect for stargazing or soaking up the serene sunsets. Unwind in the hot tub or refresh yourself in the outdoor shower, embracing the ultimate desert lifestyle. This property is a proven income generator, earning over $80,000 annually on short-term rental platforms. Whether you’re looking for a high-yield investment or your own private getaway, this turn-key home is ready for you. Don’t miss out on this rare opportunity to own a high-performing, fully furnished desert retreat with unforgettable views and modern amenities!
Nearby schools
4/10
Yucca Mesa Elementary School
Public,•K-6•3.6mi
3/10
La Contenta Middle School
Public,•7-8•3.0mi
4/10
Yucca Valley High School
Public,•9-12•2.3mi
Condition Rating
Excellent
This property was built in 2022, making it a brand-new construction. The images showcase a thoroughly modern and high-quality design throughout. The kitchen features new stainless steel appliances, sleek flat-panel cabinetry, white solid surface countertops, and contemporary lighting. Bathrooms are equally modern with a freestanding tub and stylish tiling. All visible components, including flooring and light fixtures, are new, meet current quality standards, and show no signs of wear or deferred maintenance.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 111949, living area = 1784.
Proven Income Generator: The property is a high-performing asset, explicitly stated to be earning over $80,000 annually on short-term rental platforms, making it an attractive investment.
Panoramic Desert Views: Offers stunning 180-degree panoramic views of surrounding mountains and desert landscapes, ideal for stargazing and serene sunsets, enhancing its luxury appeal.
New Construction & Modern Design: Built in 2022, the home is tastefully designed with modern amenities, ensuring contemporary style and potentially lower immediate maintenance costs.
Fully Furnished & Turn-Key: The property is sold fully furnished and is described as 'turn-key,' allowing for immediate occupancy or rental operation without additional setup expenses.
Luxury Outdoor Amenities: Features a hot tub and outdoor shower, providing unique and desirable amenities that enhance the 'desert lifestyle' experience for residents or guests.
Cons
Recent Price Reductions: The listing history shows multiple price reductions from $849,900 to $799,000, which could indicate market resistance or initial overpricing.
Niche Market Appeal: Located in Yucca Valley with a specific 'desert oasis' theme, the property caters to a niche buyer demographic, potentially limiting broader market interest.
Reliance on Short-Term Rental Market: While currently profitable, the investment's performance is heavily tied to the volatile and potentially regulated short-term rental industry, posing future risks.