
29 Palms, California 92277
This Single Family Residence is a High-Potential Investment Opportunity, listed at $219,000—positioned well below the $208,583 Fair Market Value by -4%. While the property is priced slightly above market, its Condition Rating of 4 and recent infrastructure upgrades, including a newer roof and water heater, minimize immediate capital expenditure. The large 7,200 sqft lot and proximity to Joshua Tree National Park provide excellent rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, well-maintained entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5968 Mariposa Avenue Subject | $219,000* List Price | 2 | 1 | 860 | $243 | - |
A 6028 Mojave Sold | $185,000 | 2 | 1 | 912 | $203 | 0.1 mi |
B 6274 Baileya Avenue Sold | $280,000 | 2 | 2 | 905 | $309 | 0.5 mi |
C 5967 Alpine Avenue Sold | $199,000 | 1 | 1 | 864 | $230 | 0.3 mi |
D 6213 Mariposa Sold | $266,000 | 3 | 2 | 999 | $266 | 0.3 mi |
E 72241 Sunnyslope Drive Sold | $249,000 | 2 | 2 | 1,000 | $249 | 0.3 mi |
F 5378 Chia Avenue Sold | $216,000 | 2 | 1 | 1,002 | $216 | 0.8 mi |
G 6693 Mariposa Sold | $229,500 | 2 | 2 | 999 | $230 | 0.9 mi |
H 6243 Mojave Sold | $245,000 | 3 | 2 | 1,112 | $220 | 0.4 mi |
I 71761 Buena Vista Drive Active | $190,000 List Price | 2 | 2 | 936 | $203 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, this 46-year-old home is well-maintained but dated. While it features a newer roof, water heater, and laminate flooring, the kitchen retains older cabinetry and 1970s-style yellow tile countertops, requiring cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 860.
Situated in the desirable Chocolate Drop area, the property offers excellent proximity to Joshua Tree National Park, the Marine Base, and downtown amenities, making it ideal for residents or short-term rentals.
The home features a newer roof, recently installed water heater, and updated appliances, significantly reducing immediate capital expenditure and maintenance concerns for the buyer.
With only 860 square feet and a single bathroom, the compact footprint may limit appeal for growing families or buyers requiring a dedicated home office.
Built in 1978, the property may lack the modern energy efficiency standards and open-concept layouts found in newer desert developments, potentially leading to higher utility costs.
Price Drop! Welcome to your charming home! This delightful two-bedroom, one-bath residence in the sought-after Chocolate Drop area of 29 Palms is ready for its next chapter. With its unique character and well-maintained condition, this property offers the perfect blend of comfort and affordability in today's competitive real estate market. Inside, you'll find stylish wood laminate and tile flooring throughout, adding a contemporary touch to the home. The newer roof, along with a recently installed water heater and refrigerator, ensures modern conveniences for everyday living. Step outside to your very own backyard retreat, featuring a spacious covered patio that's perfect for gardening and outdoor relaxation. The fenced backyard provides privacy and a safe space for pets or children to play. Located on a quiet street in a rapidly growing neighborhood, this property is just minutes from the entrance to Joshua Tree National Park, Downtown 29 Palms with its expanding array of shops and amenities, and the Marine Base. Plus, you're only an hour away from the vibrant atmosphere of Palm Springs. This home is the ideal starter opportunity, investment, or primary residence! Don’t miss the chance to explore this special property—schedule your showing today!
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades 7-8 • 3.1 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 860 | 1,205.897 |
| Lot Size | 7,200 | 15,574.879 |
| Price | $219.0K | $259.5K |
| Price per sq ft | $255 | $203 |
| Built year | 1978 | 1974 |
| HOA | $0 | $250 |
| Days on market | 8 | 98 |
Sep 1, 2026
$219,000
Initial Listing
May 2, 2023
$237,500
Public Record