7225 Adobe Road, 29 Palms, California 92277, 29 Palms, 92277 - 4 bed, 3 bath

7225 Adobe Road, 29 Palms, California 92277 home-pic-0
ACTIVE$849,000
7225 Adobe Road, 29 Palms, California 92277
4Beds
3Baths
2,162Sqft
42,212Lot

Price Vs. Estimate

Estimation data not available

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 = 42212, living area = 2162.
Top Cons:
Significant Price Reductions: The property has undergone substantial price reductions from its original list price of $969,000 to $849,000, which may signal initial overvaluation or market resistance.

Compared to the nearby listings

Price:$849.0K vs avg $279.9K (+$569,100)99%
Size:2,162 sqft vs avg 1,256.5 sqft96%
Price/sqft:$393 vs avg $22494%

More Insights

Built in 2008 (17 years old).
Condition: Built in 2008, this property falls within the 10-20 year age range for a 'Good' rating. The description highlights 'extensive upgrades and attention to detail,' which is evident in the polished concrete floors, stone accents, and high-quality finishes throughout. The kitchen features modern stainless steel appliances and unique concrete countertops, while the bathrooms boast luxurious elements like a large walk-in shower with multiple heads, vessel sinks, and lighted mirrors. All major systems appear well-maintained, and the property is move-in ready with no immediate renovations required, aligning perfectly with the 'Good' condition criteria.
Year Built
2008
Close
-
List price
$849K
Original List price
$969K
Price/Sqft
$393
HOA
-
Days on market
-
Sold On
-
MLS number
219133884PS
Home ConditionGood
Features
Good View: Canal, Catalina, City Lights
ViewCanal,Catalina,City Lights

About this home

Discover your perfect oasis at 7225 Adobe Road in 29 Palms! Featuring a fully built out 16 car garage, this exceptional property offers a spacious luxury home on an acre. With 3 bedrooms, a media room, and 3 full bathrooms this home is ideal for relaxing or entertaining. Polished concrete floors not only look amazing but are easy to maintain. The highlight is the fully built-out 16-car garage, complete with air conditioning and air compressors, perfect for car enthusiasts, business owners, or short-term rental income. Just 4 minutes from Joshua Tree National Park, and a minute to the casino and downtown 29 Palms, this home combines convenience with lifestyle. Whether you're seeking a unique short-term rental opportunity or a versatile base for a business, this property is a rare gem waiting for you to make it yours! This home was originally constructed by a builder for himself and has a very extensive list of upgrades and attention to detail that will far surpass your expectations in quality of construction.

Condition Rating
Good

Built in 2008, this property falls within the 10-20 year age range for a 'Good' rating. The description highlights 'extensive upgrades and attention to detail,' which is evident in the polished concrete floors, stone accents, and high-quality finishes throughout. The kitchen features modern stainless steel appliances and unique concrete countertops, while the bathrooms boast luxurious elements like a large walk-in shower with multiple heads, vessel sinks, and lighted mirrors. All major systems appear well-maintained, and the property is move-in ready with no immediate renovations required, aligning perfectly with the 'Good' condition criteria.
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 = 42212, living area = 2162.
Exceptional 16-Car Garage: The property features a unique, fully built-out 16-car garage, complete with air conditioning and air compressors, making it an unparalleled asset for car enthusiasts, collectors, or business operations.
Strong Income Potential: Its strategic location near Joshua Tree National Park and unique features make it highly suitable for short-term rental income or as a versatile base for a business, offering diverse revenue streams.
High-Quality Construction & Finishes: Originally constructed by a builder for personal use, the home boasts an extensive list of upgrades, meticulous attention to detail, and durable, stylish polished concrete floors, indicating superior build quality.
Spacious Luxury Home on Large Lot: The property offers a spacious 4-bedroom, 3-bathroom luxury home with a media room on a generous one-acre lot, providing ample living space and outdoor potential.
Strategic Location: Conveniently located just 4 minutes from Joshua Tree National Park and a minute from the casino and downtown 29 Palms, offering excellent access to recreational activities and local amenities.

Cons

Significant Price Reductions: The property has undergone substantial price reductions from its original list price of $969,000 to $849,000, which may signal initial overvaluation or market resistance.
Highly Niche Appeal: The specialized 16-car garage, while a significant strength for a specific buyer, caters to a very niche market, potentially limiting the pool of interested purchasers and extending market time.
Potential for High Operating Costs: The extensive and air-conditioned 16-car garage, along with air compressors, could lead to higher utility bills and maintenance expenses, which might be a consideration for some buyers.

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