Realkey.ai
RealKey
‪(213) 433-7766‬

70424 Cielito Drive, 29 Palms, California 92277, 29 Palms, 92277 - 1 bed, 1 bath

70424 Cielito Drive, 29 Palms, California 92277 home-pic-0
ACTIVE$109,900$756/sqft
Est. Value: $112,246
2%
FairlyEstimate
70424 Cielito Drive, 29 Palms, California 92277
1Bed
1Bath
756Sqft
217,800Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $109,900.

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 = 217800, living area = 756.
Top Cons:
Extensive Repair Requirements: The home currently requires significant repairs and a 'touch of love,' indicating a substantial need for renovation and capital investment from the buyer.

Compared to the nearby listings

Price:$109.9K vs avg $260.2K ($-150,350)8%
Size:756 sqft vs avg 1,220 sqft9%
Price/sqft:$145 vs avg $22213%

More Insights

Built in 1957 (69 years old).
Condition: Built in 1957, this property is over 50 years old with no evidence of major renovations in the past 50 years. The images reveal a completely gutted bathroom, a non-functional kitchen with missing components and damaged flooring, and general severe disrepair throughout the interior (damaged walls, ceilings, exposed subfloor). The description explicitly states it 'requires a touch of love and repairs' and is 'not currently set up for traditional financing due to its need for repairs,' indicating it is unlivable in its current state and requires extensive work that borders on a full rebuild or demolition, with value primarily in the land.
Year Built
1957
Close
-
List price
$110K
Original List price
$110K
Price/Sqft
$145
HOA
-
Days on market
-
Sold On
-
MLS number
CV26007896
Home ConditionTear down
Features
Good View: Desert, Neighborhood
Deck
Patio
ViewDesert, Neighborhood

About this home

Welcome to a promising canvas in the scenic expanse of Twentynine Palms— a home that brims with potential and opportunity. Situated on five flat, usable acres, this property presents unlimited possibilities for customization and expansion. Nestled within a few minutes of a military base, shopping centers, and entertainment like the local casino, the location combines serene desert living with accessible conveniences. Though currently requiring a touch of love and repairs, this home begs the imaginative to envision and craft their oasis. The house features a singular bedroom and bathroom, exuding a cozy and inviting atmosphere. A notable addition is the workshop slash garage with electricity—ideal for hobbyists or those seeking a creative studio. But the real gem might just be the open loft upstairs, which whispers the potential of transforming into additional living quarters or perhaps a grand workshop, depending on your flavor of aspiration. Notably, the property isn’t currently set up for traditional financing due to its need for repairs, making it a perfect pick for those ready to invest sweat equity or explore alternative purchasing arrangements. Picture this: expansive starlit nights on your sprawling land, a personal touch on every nook, the pride of tailoring a unique home environment. If you’re ready to roll up your sleeves and let your home-creating dreams run wild, this desert diamond in the rough could be just the beginning of your adventure. Embark on the journey to make this intriguing space truly your own.

D
Darrel Gomez
Listing Agent

Price History

Date
Event
Price
11/07/97
Sold
$38,000
08/08/24
Sold
$60,000
Condition Rating
Tear down
Built in 1957, this property is over 50 years old with no evidence of major renovations in the past 50 years. The images reveal a completely gutted bathroom, a non-functional kitchen with missing components and damaged flooring, and general severe disrepair throughout the interior (damaged walls, ceilings, exposed subfloor). The description explicitly states it 'requires a touch of love and repairs' and is 'not currently set up for traditional financing due to its need for repairs,' indicating it is unlivable in its current state and requires extensive work that borders on a full rebuild or demolition, with value primarily in the land.
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 = 217800, living area = 756.
Expansive Usable Land: The property boasts five flat, usable acres, offering significant space for expansion, development, or recreational use.
High Customization Potential: Described as a 'promising canvas,' the property presents unlimited possibilities for customization and expansion, including an open loft for potential additional living quarters.
Valuable Workshop/Garage: A dedicated workshop/garage with electricity is a notable addition, ideal for hobbyists, storage, or a creative studio.
Strategic Desert Location: The location combines serene desert living with accessible conveniences, being just minutes from a military base, shopping centers, and local entertainment.
Scenic Desert Views: The property offers a scenic desert environment, promising expansive starlit nights and enhancing its appeal for those seeking a unique desert lifestyle.

Cons

Extensive Repair Requirements: The home currently requires significant repairs and a 'touch of love,' indicating a substantial need for renovation and capital investment from the buyer.
Non-Traditional Financing: Due to its need for repairs, the property is not set up for traditional financing, which will limit the buyer pool to cash buyers or those with alternative purchasing arrangements.
Limited Current Living Space: The existing structure features only one bedroom and one bathroom within 756 sqft, offering minimal living space relative to the expansive lot size.
Browse Properties by State Browse housing market trends by state