
29 Palms, California 92277
This Versatile Compound is a Strong Value Opportunity, listed at $320,245—positioned well below the $322,674 Fair Market Value by 0.75%. This valuation gap offers $2,429 in Instant Equity. Featuring a 3/2 main house with a detached casita and a dramatic pool/spa, the property maintains a Condition Rating of 2 with modern interior updates. While local school ratings are modest, the expansive 17,500 sqft lot provides significant utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique desert retreat.
Property is new construction or fully renovated.
Despite being built in 1984, the property has undergone a comprehensive modern renovation within the last 5 years. Interior photos show new LVP flooring, fresh paint, and a fully remodeled bathroom with quartz countertops and contemporary fixtures. The addition of solar panels indicates updated systems, and the overall condition is move-in ready with no visible maintenance needs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17500, living area = 2466.
The property features a 3-bedroom main house plus a detached casita, offering excellent potential for multi-generational living, a home office, or guest accommodations.
A dramatic pool and spa area situated between the dwellings creates a private desert oasis, significantly enhancing the home's entertainment value and appeal.
The local elementary school carries a low rating of 2, which may detract from the property's long-term value for families with young children.
Currently listed as 'Active Under Contract' after only one day on the market, the property presents a very limited opportunity for new buyers to negotiate or secure the home.
Amazing compound! 3/2 main house with a detached casita and a dramatic pool/spa in between! See pictures for modern aesthetics. Big opportunity for the right buyer.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.1 mi
Grades 7-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,466 | 1,205.897 |
| Lot Size | 17,500 | 15,574.879 |
| Price | $320.2K | $259.5K |
| Price per sq ft | $130 | $203 |
| Built year | 1984 | 1974 |
| HOA | $0 | $250 |
| Days on market | 8 | 98 |
Sep 1, 2026
$320,245
Initial Listing
May 9, 2024
$295,000
Public Record
Aug 19, 2020
$310,000
Public Record