61740 Oleander Drive, Joshua Tree, California 92252, Joshua Tree, 92252 - 2 bed, 2 bath
61740 Oleander Drive
Joshua Tree, California 92252
Property Price
SUMMARY
Analysis of 61740 Oleander Drive, Joshua Tree, California 92252 reveals a property with a current list price of $329,000, which is 18% above the estimated $267,340 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 61740 Oleander Drive Subject | $329,000* List Price | 2 | 2 | 884 | $302 | - |
A 61947 Petunia Drive Sold | $294,900 | 3 | 1 | 1,000 | $295 | 0.3 mi |
B 61883 Morningside Road Sold | $300,000 | 2 | 1 | 864 | $347 | 0.2 mi |
C 61961 Aster Place Sold | $245,450 | 2 | 1 | 852 | $288 | 0.3 mi |
D 61751 Hilltop Drive Sold | $270,000 | 2 | 1 | 875 | $309 | 0.1 mi |
E 61711 Morningside Road Sold | $290,000 | 3 | 1 | 1,040 | $279 | 0.3 mi |
F 61826 Terrace Drive Active | $399,000 List Price | 2 | 1 | 995 | $401 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1960, this property has received some recent cosmetic updates, such as fresh paint, updated flooring in living areas, and one fully renovated bathroom with modern fixtures and tiling. However, the kitchen features older appliances and cabinet structures, despite a newer backsplash and hardware. The second bathroom also appears dated with an older shower enclosure. The heating system is an older wall furnace, and there is no central air conditioning. While well-maintained and move-in ready, the property has not undergone a full, cohesive renovation, and several major components are functional but outdated, requiring minor updates to achieve a consistent modern standard.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
The property boasts a desirable location close to downtown Joshua Tree, appealing to both residents and the robust tourist/rental market.
- Investment Potential
Explicitly marketed as an 'investment home,' it offers potential for rental income or future appreciation in a popular desert destination.
- Outdoor Living Space
Features a large, covered patio, providing valuable outdoor living and entertaining space, well-suited for the Joshua Tree climate.
CONSRISKS & DEFICIENCIES
- Significant Overpricing
The listing price is 21% above the estimated property value, which may deter potential buyers and impact market competitiveness.
- Older Construction
Built in 1960, the property may have original systems (plumbing, electrical, HVAC) that could require significant updates or maintenance in the near future.
- Limited Square Footage
With only 884 sqft, the interior living space is relatively small, which might limit its appeal to buyers seeking more spacious accommodations.
About 61740 Oleander Drive
Here's the deal! A neat ready to go 1st.,2nd. or investment home waiting for you! 2 bedroom, 2 bathrooms, a large, covered patio, with established landscaping close to downtown Joshua Tree.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 7,360 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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
Joshua Tree Elementary School
Grades K-6 • 0.5 mi
La Contenta Middle School
Grades 7-8 • 3.3 mi
Yucca Valley High School
Grades 9-12 • 6.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 884 | 1,214 | 15% |
| Lot Size | 7,360 | 46,173.5 | 3% |
| Price | $329.0K | $401.2K | 23% |
| Price per sq ft | $372 | $336 | 57% |
| Built year | 1960 | 1977 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 273 | 190 | 79% |
Pricing History
Listed for Sale
Sep 23, 2025
$329,000
Initial Listing
Price Change
Jun 7, 2025
$329
Initial Listing