
Joshua Tree, California 92252
This High-Potential Investment Opportunity is listed at $729,800, positioned well below the $823,094 Fair Market Value by 11%. This valuation gap offers $93,294 in Instant Equity. Featuring an Award-Winning Architectural Design and proven short-term rental success, this property maintains a Condition Rating of 2 with recent system upgrades. Its proximity to Joshua Tree National Park and panoramic mountain views make it a premier Buy-and-Hold Investor asset, ideal for Short-Term Rental Operators seeking a turnkey, high-demand destination property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 62050 Easterly Place Subject | $729,800* List Price | 3 | 2 | 2,001 | $411 | - |
A 61538 El Reposo Street Active | $584,000 List Price | 4 | 2 | 1,248 | $468 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1960, the property underwent a high-end, award-winning renovation and has been meticulously maintained as a top-tier rental. Crucial systems are brand new, including the roof (replaced 2025) and the water heater and dishwasher (2026). The interior features mint-condition designer finishes, polished concrete floors, and a modern kitchen with stainless steel appliances, meeting the criteria for a property with recent major updates and no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11100, living area = 2001.
The property features a unique fusion of Chinese and Western aesthetics that has earned prestigious accolades, including the Golden Hall and Nesting Awards, making it a rare architectural gem.
Recognized as a Top 3 Airbnb by Desert Magazine and featured on its cover, this property offers a turnkey investment opportunity with established brand prestige and high market demand.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1960, the property requires a full roof replacement by the end of 2025, representing a significant near-term capital expenditure for the buyer.
The local schools are rated between 3 and 4, which may reduce the property's appeal to families prioritizing high-performing educational institutions.
This property is located next to the most beautiful starry sky observation site on the Joshua Tree National Park. The design of this property has won three of the most important awards in the Chinese architectural design industry - the Golden Hall Award, the Nesting Award, and the Cotton Tree Award. The designer has integrated the essence of traditional Chinese culture into the concept of Western modern design, and the collision and integration of Chinese and Western cultures are perfectly reflected in this property. Everywhere the design shows the unique beauty of nature, culture, color, lines, and the collision of different cultures. This property has been highly favored by customers since its listing on Airbnb in early 2017. Our Airbnb has been recognized by Desert Magazine (based in Palm Springs, California, USA) and awarded the honor of being one of the Top 3 Best Airbnb’s. What’s more, we are the only Airbnb listing that graced the cover of Desert Magazine as a special featured property of the year. We are extremely proud of this achievement. The roof changes by the end of 2025, water heater and dishwash changes this year.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 3.5 mi
Grades 9-12 • 6.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 51% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,001 | 1,344 | 88% |
| Lot Size | 11,100 | 48,198.5 | 15% |
| Price | $729.8K | $428.9K | 79% |
| Price per sq ft | $365 | $334 | 60% |
| Built year | 1960 | 1981 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 181 | 1% |
May 14, 2026
$729,800
Initial Listing
Aug 1, 2019
$255,000
Public Record
May 1, 2017
$255,000
Public Record
Jan 29, 2003
$50,000
Public Record