60323 Granada Drive, Joshua Tree, California 92252, Joshua Tree, 92252 - 3 bed, 2 bath
60323 Granada Drive
Joshua Tree, California 92252
Property Price
SUMMARY
Analysis of 60323 Granada Drive, Joshua Tree, California 92252 reveals a Prime Investment Opportunity with a current list price of $650,000—significantly undercutting the $681,861 Fair Market Value by 4%. This valuation gap indicates a +$31,861 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Joshua Tree Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 60323 Granada Drive Subject | $650,000* List Price | 3 | 2 | 1,296 | $526 | - |
A 7218 Mecca Road Active | $520,000 List Price | 3 | 1 | 1,032 | $504 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property, built in 2006, underwent a complete interior renovation in 2023, including new black stainless steel kitchen appliances, modern light fixtures, and updated bathrooms with contemporary finishes. A new pool, spa, and smart home system were also installed in 2023. The extensive and recent renovations mean the property is virtually new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 25525, living area = 1296.
- Proven Income-Generating Asset
This property boasts an established and permitted short-term rental history with 5-star ratings, offering a turnkey investment opportunity with historical income data and potential transfer of existing listings and vendors.
- Extensive Modern Renovations
Recently remodeled in 2023, the home features a completely renovated interior, new black stainless steel appliances, a new app-operated pool with spa and sunk-in fire pit, and new fencing, ensuring a contemporary and appealing aesthetic.
CONSRISKS & DEFICIENCIES
- Market Volatility for STR
The property's strong reliance on the short-term rental market means its income potential and value can be susceptible to fluctuations in tourism demand, economic conditions, and evolving rental regulations.
- Ongoing Maintenance Demands
Features such as the new pool, spa, and SmartHome system, combined with a large ½-acre lot, necessitate consistent maintenance and associated costs, which could be a consideration for potential buyers.
- Remote Location Considerations
While appealing for its proximity to nature, the Joshua Tree area is relatively remote, meaning access to a wide array of urban amenities and services is limited, with Palm Springs being a 45-minute drive.
About 60323 Granada Drive
Owner-user vacation home with an established and permitted short-term rental use. This turnkey "Smart" vacation home is fully fenced and features 3 bedrooms and 2 baths on an oversized ½-acre lot in the desirable Friendly Hills area of Joshua Tree. The property includes a new pool with spa and sunk-in fire pit, new fencing, and a completely renovated interior. The home offers expansive mountain views, a large dining area with sliding glass doors, and a kitchen with new black stainless steel appliances, including a gas stove, dishwasher, and sink. The home is located minutes from the entrance to Joshua Tree National Park and local amenities. Additional features include a SmartHome system operated via smartphone apps (HVAC, pool temperature, lights, spa, and locks), excess land with potential for an ADU, a new water heater, and backyard entertainment areas. The home was remodeled in 2023, with a fully fenced backyard for privacy and security. It is approximately 5 minutes from Joshua Tree downtown and 12 minutes from the park entrance, in a quiet neighborhood next to a government-protected area that limits nearby development. The heated pool and spa, built in 2023, are app-operated. The property is approximately 45 minutes from Palm Springs. The home has been listed on Airbnb and VRBO, receiving 5-star ratings. The Airbnb listing and maintenance vendors may transfer for a smooth transition. Historical rental income information is available from the listing agent upon request.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 25,525 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Joshua Tree Unified Schools
Friendly Hills Elementary School
Grades K-6 • 0.9 mi
La Contenta Middle School
Grades 7-8 • 1.3 mi
Yucca Valley High School
Grades 9-12 • 4.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 52% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,296 | 1,226 | 57% |
| Lot Size | 25,525 | 46,173.5 | 44% |
| Price | $650.0K | $406.8K | 77% |
| Price per sq ft | $502 | $336 | 79% |
| Built year | 2006 | 1980 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 89 | 184 | 11% |
Pricing History
Listed for Sale
Dec 8, 2025
$650,000
Initial Listing
Sold
Mar 16, 2023
$625,000
Public Record
Sold
Apr 21, 2022
$465,000
Public Record
Sold
Aug 22, 2012
$92,000
Public Record
Sold
Aug 24, 2007
$239,000
Public Record
Sold
Sep 7, 2004
$12,500
Public Record
Sold
Jul 16, 2004
$6,000
Public Record