61826 Terrace Drive, Joshua Tree, California 92252, Joshua Tree, 92252 - 2 bed, 1 bath
61826 Terrace Drive
Joshua Tree, California 92252
Property Price
SUMMARY
Analysis of 61826 Terrace Drive, Joshua Tree, California 92252 reveals a property with a current list price of $399,000, which is 10% above the estimated $355,148 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 61826 Terrace Drive Subject | $399,000* List Price | 2 | 1 | 995 | $357 | - |
A 61947 Petunia Drive Sold | $294,900 | 3 | 1 | 1,000 | $295 | 0.2 mi |
B 61883 Morningside Road Sold | $300,000 | 2 | 1 | 864 | $347 | 0.1 mi |
C 61730 Oleander Drive Sold | $350,000 | 3 | 2 | 1,204 | $291 | 0.1 mi |
D 6123 Scenic Active | $399,900 List Price | 3 | 1 | 1,040 | $385 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This property, built in 1959, underwent an extensive and permitted remodel in 2015, falling within the 'extensively renovated within 5 to 15 years' criteria. The listing explicitly states it's 'fully furnished' and 'turnkey.' Images confirm a modern kitchen with stainless steel appliances, birch cabinets, and oak butcherblock countertops. The bathroom features a large walk-in shower with modern subway tiles. Concrete floors, modern light fixtures, and mini-split AC units are visible throughout, indicating a well-maintained and updated property with no immediate renovations required.
PROSSTRENGTHS & OPPORTUNITIES
- Proven Income Potential
This property is a noted, lucrative, and well-oiled Airbnb machine, fully furnished and ready for immediate rental, offering a strong investment opportunity.
- Exceptional Design & Renovation
Remodeled by the Smirke design duo, it set the stylistic tone for vacation rentals in Joshua Tree, featuring a beautifully realized, permitted midcentury modern aesthetic.
- Enhanced Indoor/Outdoor Living
The property offers a refined indoor/outdoor experience, including an exterior clawfoot bathtub, firepit, shaded area, and hammock circle for stargazing, highly desirable in the Joshua Tree environment.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one bathroom, the property may present functional limitations for multiple guests or families, potentially impacting its appeal for larger rental groups.
- Compact Interior Footprint
At 995 square feet, the interior living space is relatively small, which might limit its long-term appeal for some buyers or restrict the number of guests it can comfortably accommodate.
- Price History & Valuation Discrepancy
The property has seen a significant price reduction from its original listing and is currently listed above its estimated market value, suggesting potential overpricing or challenges in market perception.
About 61826 Terrace Drive
Back on Top: This noted Airbnb first remodeled by the Smirke design duo We Are In Our Element in 2015 helped set the stylistic tone for vacation rentals in downtown Joshua Tree. Throughout, it has remained a lucrative, well-oiled machine. Improved and updated to include a refined indoor/outdoor living experience, featuring an exterior clawfoot bathtub, firepit, shaded area and hammock circle for stargazing. FULLY FURNISHED and ready to rent. Beautifully realized minimalist remodel updated with permits into an authentic midcentury modern. Stainless steel appliances, oak butcherblock countertops, birch kitchen cabinets, concrete floors, large walk-in shower featuring modern floor-to-ceiling subway tiles, flat-panel interior doors and large single-light glass front door. National Park views from family room and sunroom/den facing large fenced-in backyard. Completely finished, refined, turnkey property awaits your arrival.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 7,200 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 • 0.3 mi
La Contenta Middle School
Grades 7-8 • 3.4 mi
Yucca Valley High School
Grades 9-12 • 6.5 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 | 1.0 | 2.0 | 39% |
| Square foot | 995 | 1,214 | 24% |
| Lot Size | 7,200 | 46,173.5 | 2% |
| Price | $399.0K | $401.2K | 49% |
| Price per sq ft | $401 | $336 | 60% |
| Built year | 1959 | 1977 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 370 | 190 | 96% |
Pricing History
Listed for Sale
Nov 6, 2025
$399,000
Initial Listing
Price Change
Mar 2, 2025
$449,000
Initial Listing