60959 Prescott Trail, Joshua Tree, California 92252, Joshua Tree, 92252 - 2 bed, 2 bath

60959 Prescott Trail, Joshua Tree, California 92252 home-pic-0
ACTIVE$255,000$1,610/sqft
60959 Prescott Trail, Joshua Tree, California 92252
2Beds
2Baths
1,610Sqft
42,660Lot

Price Vs. Estimate

Estimation data not available

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 = 42660, living area = 1610.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =42660, other record lot size in square feet = 24660.

Compared to the nearby listings

Price:$255.0K vs avg $397.5K ($-142,500)13%
Size:1,610 sqft vs avg 1,251.5 sqft78%
Price/sqft:$158 vs avg $3345%

More Insights

Built in 1970 (56 years old).
Condition: Built in 1970, this property is explicitly described as a 'blank canvas' and 'ready to be finished,' indicating an incomplete renovation. Images confirm a completely gutted interior with exposed framing, rough-in plumbing, and electrical. There are no finished kitchens or bathrooms; they are in a state of demolition or rough construction. The property is currently unlivable and requires substantial rehabilitation, including a full interior build-out of all major systems and finishes.
Year Built
1970
Close
-
List price
$255K
Original List price
$255K
Price/Sqft
$158
HOA
-
Days on market
-
Sold On
-
MLS number
219140298DA
Home ConditionPoor
Features
Good View: Desert, Mountain(s)
Patio
ViewDesert, Mountain(s)

About this home

A true Investors DREAM! Property is ready for your creativity and imagination. What a treat to have a blank canvas and let your ideas come to life! 2 lots for one price. One lot has a detached workshop/garage and the other a house that is ready to be finished.

B
Brandy Nelson
Listing Agent

Nearby schools

5/10
Friendly Hills Elementary School
Public,K-61.6mi
3/10
La Contenta Middle School
Public,7-82.3mi
4/10
Yucca Valley High School
Public,9-125.1mi

Price History

Date
Event
Price
09/21/22
Sold
$535,000
Condition Rating
Poor

Built in 1970, this property is explicitly described as a 'blank canvas' and 'ready to be finished,' indicating an incomplete renovation. Images confirm a completely gutted interior with exposed framing, rough-in plumbing, and electrical. There are no finished kitchens or bathrooms; they are in a state of demolition or rough construction. The property is currently unlivable and requires substantial rehabilitation, including a full interior build-out of all major systems and finishes.
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 = 42660, living area = 1610.
High Investment Potential: Explicitly described as an 'Investors DREAM' and a 'blank canvas,' offering significant value-add opportunity through renovation and customization.
Dual Lot Ownership: The inclusion of '2 lots for one price' provides enhanced land value, potential for expansion, or future development possibilities.
Detached Workshop/Garage: A separate structure offers versatile space for hobbies, storage, or potential for an accessory dwelling unit (ADU) or studio, adding functional value.
Desirable Joshua Tree Location: Situated in a highly sought-after desert community, known for its unique landscape, artistic vibe, and proximity to Joshua Tree National Park, appealing to a specific market.
Scenic Desert & Mountain Views: The property benefits from natural desert and mountain views, a key amenity for buyers seeking the quintessential Joshua Tree experience.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =42660, other record lot size in square feet = 24660.
Extensive Renovation Required: The house is explicitly stated as 'ready to be finished' and a 'blank canvas,' indicating it is not move-in ready and requires substantial construction and renovation, demanding significant capital and time investment.
Older Property with Potential for Outdated Systems: Built in 1970, the property is over 50 years old, suggesting that major systems (e.g., plumbing, electrical, HVAC) may be original and likely require costly upgrades or replacement.
Significant Value Drop Since Last Sale: The current list price of $255,000 is less than half of its previous sale price of $535,000 in 2022, strongly implying a distressed or severely incomplete condition that will require substantial investment to restore value.
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