70138 Sullivan Road, 29 Palms, California 92277, 29 Palms, 92277 - 4 bed, 2 bath
70138 Sullivan Road
29 Palms, California 92277
Property Price
SUMMARY
Analysis of 70138 Sullivan Road, 29 Palms, California 92277 reveals a Fairly Priced Property with a current list price of $800,000 aligned with the estimated $800,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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 29 Palms 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
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1985, this property is 40 years old. While it is presented as 'turn-key' with 'upscale, eclectic decor' and includes modern amenities like solar panels and a new hot tub, the core structure and some interior finishes show their age. The kitchen features distressed cabinets, tile flooring, and concrete-like countertops, which, while functional, are not a modern style and appear to be refreshed older components. Similarly, the bathrooms have a mix of updated elements (vessel sinks, concrete counters) alongside older-style tiles and fixtures in some areas. Crucially, the property lacks central air conditioning, a significant drawback for a desert climate, indicating that major systems are not fully updated to current standards. It is well-maintained and livable but requires minor updates to bring it to a more contemporary standard and address the lack of central AC.
PROSSTRENGTHS & OPPORTUNITIES
- Proven Income Potential & Turn-key Operation
The property boasts a strong track record as a highly rated and consistently booked Short-Term Rental (STR) with excellent management, offering a turn-key investment opportunity fully furnished and ready for immediate income generation.
- Prime Location & Scenic Views
Situated in an upscale community, minutes from grocery stores and a short walk to Joshua Tree National Park, the property offers 360-degree sunrise and sunset views, providing both seclusion and convenience.
- Modern Amenities & Energy Efficiency
Features include a solar-heated pool, a new hot tub, and efficient solar panels that significantly reduce electricity costs, enhancing guest experience and operational savings.
CONSRISKS & DEFICIENCIES
- Lack of Central Air Conditioning
Located in a desert climate, the description highlights a woodstove for heating but makes no mention of a central air conditioning system, which is crucial for comfort during hot months and could be a deterrent for some guests or buyers.
- Age of Property
Built in 1985, the property is nearly 40 years old. While decor is updated and it's 'turn-key' for furnishings, major systems (plumbing, electrical, roof, HVAC if present) may be original or nearing the end of their useful life, potentially incurring significant future maintenance or replacement costs.
- Reliance on STR Market
The property's high valuation and described success are heavily reliant on its performance as a Short-Term Rental. This niche market carries inherent risks such as changes in local regulations, increased competition, or shifts in tourism trends, which could impact future income and resale value.
About 70138 Sullivan Road
It's no secret why this property is highly rated & always booked! With EXECELLENT management at a favorable 12% rate and a prime location in a community of upscale homes *BEL AIR OF 29 PALMS!* Enjoy modern amenities such as a solar-heated pool, NEW hot tub, and a woodstove that efficiently heats the entire house. Whether you're looking for your next STR or paradise to call home, come take a look, you won't be disappointed! The ultimate blend of seclusion and convenience with this meticulously curated 2,825 sqft desert retreat sitting on 2.5 acres. Enhanced by a permitted garage conversion to a spacious family room, this home offers a versatile den that can easily transform into a 5th bedroom, optimizing its appeal as a (STR) with a 12-person occupancy. Enjoy effortless ownership with this turn-key property, sparing you the high costs and challenges of renovations. The property has CONSISTENT weekend bookings ALL YEAR reflecting its popularity. Just minutes from grocery stores and a short walk to Joshua Tree National Park, the home offers 360-degree sunrise and sunset views, a vibe of serene isolation, and efficient solar panels to REDUCE the high cost of electricity. SOLD FULLY FURNISHED! The upscale, eclectic decor, curated with unique antiques and high-end consignment finds, sets this home apart. This property is a RARE GEM, ready to welcome its new owner with MINIMAL effort and MAXIMUM enjoyment.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 217,800 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 83% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,825 | 1,193 | 98% |
| Lot Size | 217,800 | 13,737.5 | 80% |
| Price | $800.0K | $258.4K | 99% |
| Price per sq ft | $283 | $225 | 82% |
| Built year | 1985 | 1972 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 264 | 199 | 76% |
Pricing History
Listed for Sale
Jun 16, 2025
$800,000
Initial Listing