5893 Marine, 29 Palms, California 92277, 29 Palms, 92277 - 3 bed, 2 bath
ACTIVE$199,500
5893 Marine, 29 Palms, California 92277
3Beds
2Baths
1,068Sqft
13,563Lot
Year Built
1972
Close
-
List price
$200K
Original List price
$220K
Price/Sqft
$187
HOA
-
Days on market
-
Sold On
-
MLS number
SW25254342
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 10% below the list price. We found 3 Cons,6 Pros. Rank: price - $199.5K(21th), sqft - 1068(35th), beds - 3(50th), baths - 2(50th).
Are you looking for your first home or an investment property?, Look no more!... Presenting 5893 Marine Ave. This is a 3 bedrooms and 2 bathrooms with a huge lot waiting for you to make it your dream home. Don't wait. Call now for an appointment.
Price History
Date
Event
Price
11/25/25
Price Change
$199,500-9.3%
11/05/25
Listing
$220,000
05/08/13
Sold
$46,500
04/27/05
Sold
$100,000
01/06/04
Sold
$200,000
04/30/01
Sold
$30,000
Condition Rating
Poor
Built in 1972, this property is over 50 years old. The MLS description explicitly states it's 'waiting for you to make it your dream home,' which strongly implies substantial renovations and updates are required. The exterior images show a dated aesthetic with pink paint, a chain-link fence, and an unlandscaped dirt yard. Crucially, there are no interior photos provided, which, combined with the age and description, suggests the kitchen, bathrooms, and other interior components are likely in very dated or poor condition, requiring significant rehabilitation rather than minor updates.
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 = 13563, living area = 1068.
Affordable Entry Point: The current list price of $199,500 makes this property highly accessible for first-time homebuyers or investors seeking an entry-level opportunity.
Generous Lot Size: A substantial 13,563 sqft lot provides ample outdoor space, offering potential for expansion, landscaping, or various recreational uses.
Recent Price Reduction: A significant $20,500 price drop from the original listing indicates seller motivation and presents a more competitive offering for potential buyers.
Versatile Use Potential: Explicitly marketed as suitable for a first home or an investment property, appealing to a broad range of buyer profiles.
Functional Layout: The 3-bedroom, 2-bathroom configuration offers a standard and highly desirable layout, suitable for families or rental purposes.
Cons
Significant Overvaluation: The current list price is approximately 30% higher than the provided property estimation, suggesting potential overvaluation relative to its current market value.
Age and Implied Renovation Needs: Built in 1972, the property is over 50 years old, and the description 'waiting for you to make it your dream home' strongly implies substantial renovations and updates are required.
Lack of Historical Appreciation: The property sold for $200,000 in 2004 and is now listed at $199,500, indicating a lack of capital appreciation over nearly two decades, which could be a concern for long-term investment.