RealKey
‪(213) 433-7766‬

61974 Terrace Drive, Joshua Tree, California 92252, Joshua Tree, 92252 - 4 bed, 1 bath

61974 Terrace Drive, Joshua Tree, California 92252 home-pic-0
ACTIVE$299,999
61974 Terrace Drive, Joshua Tree, California 92252
4Beds
1Bath
1,182Sqft
7,200Lot

Price Vs. Estimate

The estimated value ($299,999) is $0 (0%) lower than the list price ($299,999). This property may be overpriced.

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 = 7200, living area = 1182.
Top Cons:
Limited Bathroom Count: With only one bathroom for four bedrooms, this could be a significant functional limitation for larger families or multiple guests, potentially impacting comfort and rental appeal.

Compared to the nearby listings

Price:$300.0K vs avg $389.5K ($-89,501)26%
Size:1,182 sqft vs avg 1,238 sqft40%
Price/sqft:$254 vs avg $30427%

More Insights

Built in 1973 (52 years old).
Condition: Despite being built in 1973, this property has undergone a 'completely remodeled from top to bottom' renovation, making it 'practically brand new.' The listing explicitly states new roof, windows, exterior siding & paint, new flooring, doors, and a fully renovated bathroom with fresh tile and new fixtures. The kitchen features new white shaker cabinets, modern dark countertops, a mosaic tile backsplash, and brand-new stainless steel appliances, all appearing pristine in the images. The overall condition, including the modern laminate/LVP flooring and fresh paint throughout, aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years, with virtually new components meeting current quality standards.
Year Built
1973
Close
-
List price
$300K
Original List price
$355K
Price/Sqft
$254
HOA
-
Days on market
-
Sold On
-
MLS number
OC24167654
Home ConditionExcellent
Features
Good View: Desert, Hills
Deck
Pool
ViewDesert, Hills

About this home

Turnkey and fully permitted, this beautifully updated 4-bedroom home is a proven 5-star short-term rental, offering an incredible investment opportunity or a dream desert retreat. Located just six miles from Joshua Tree National Park and within walking distance to the Visitor Center, local restaurants, grocery stores, Joshua Tree Brewery, and Joshua Tree Coffee Company, this home is in the heart of it all! Completely remodeled from top to bottom, this home is practically brand new! Updates include: New roof, new garage door, new windows, and new exterior siding & paint, New kitchen with brand-new appliances included in the sale, Freshly textured walls and ceilings with new interior paint, New flooring, doors, and door frames throughout, Fully renovated bathroom with fresh tile, new fixtures, and a brand-new tub, Equipped with both an evaporative cooler and mini-split system for year-round comfort Step into your private backyard oasis, designed for unforgettable desert evenings. The beautifully landscaped space features a cozy fire pit, a cowboy pool, and complete fencing for privacy. This move-in-ready gem offers endless possibilities—whether you're looking for a thriving vacation rental, an income-generating investment, or a peaceful desert escape. Don’t miss out on this rare opportunity—schedule a showing today!

Nearby schools

3/10
Joshua Tree Elementary School
Public,•K-6•0.2mi
3/10
La Contenta Middle School
Public,•7-8•3.6mi
4/10
Yucca Valley High School
Public,•9-12•6.7mi
Condition Rating
Excellent
Despite being built in 1973, this property has undergone a 'completely remodeled from top to bottom' renovation, making it 'practically brand new.' The listing explicitly states new roof, windows, exterior siding & paint, new flooring, doors, and a fully renovated bathroom with fresh tile and new fixtures. The kitchen features new white shaker cabinets, modern dark countertops, a mosaic tile backsplash, and brand-new stainless steel appliances, all appearing pristine in the images. The overall condition, including the modern laminate/LVP flooring and fresh paint throughout, aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years, with virtually new components meeting current quality standards.
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 = 7200, living area = 1182.
Proven Short-Term Rental Performance: The property is a proven 5-star short-term rental, indicating strong income potential and established market demand for investors.
Extensive Recent Renovation: Completely remodeled from top to bottom with a new roof, windows, siding, paint, kitchen, appliances, flooring, and a fully renovated bathroom, offering a 'practically brand new' feel and minimizing immediate maintenance.
Prime Tourist-Friendly Location: Strategically located just six miles from Joshua Tree National Park and within walking distance to the Visitor Center, local restaurants, and amenities, enhancing its appeal for both residents and rental guests.
Turnkey and Fully Permitted: The property is turnkey and fully permitted, ensuring readiness for immediate occupancy or rental operations without additional compliance hurdles.
Desirable Outdoor Living Space: Features a private, fenced backyard oasis with a fire pit and a cowboy pool, designed for unforgettable desert evenings and enhancing the property's lifestyle and rental attractiveness.

Cons

Limited Bathroom Count: With only one bathroom for four bedrooms, this could be a significant functional limitation for larger families or multiple guests, potentially impacting comfort and rental appeal.
Compact Interior Space: The property offers 1182 sqft for four bedrooms, suggesting smaller individual room sizes and a potentially compact living arrangement that might not appeal to all buyers or rental guests seeking more spacious accommodations.
History of Price Reductions: The listing has undergone multiple price reductions from an original list price of $355,000 to $299,999, which could indicate initial overpricing or market resistance, potentially affecting perceived value.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state