72320 Foothill, 29 Palms, California 92277, 29 Palms, 92277 - 3 bed, 2 bath
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29 Palms, California 92277
This property presents a High-Potential Investment Opportunity with a List Price of $279,000—positioned well below the $284,077 Fair Market Value by 1.78%. This valuation gap offers $5,077 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home offers a 15,000-square-foot lot and scenic mountain views, providing significant upside for cosmetic modernization. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers looking to build long-term value in the 29 Palms market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72320 Foothill Subject | $279,000* List Price | 3 | 2 | 1,184 | $240 | - |
A 6908 Star Dune Avenue Sold | $223,800 | 3 | 2 | 1,102 | $203 | 0.8 mi |
B 7004 El Sol Avenue Active | $199,500 List Price | 2 | 1 | 844 | $236 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993, the property is over 30 years old, placing it in the dated category. While the exterior shows a significant system upgrade with solar panels and appears well-maintained, the age suggests that the kitchen and bathrooms likely require modernization. It is classified as Fair rather than Poor because it appears functional and move-in ready without obvious structural or safety defects.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15000, living area = 1184.
The property boasts beautiful views of the surrounding hills and mountains, providing a quintessential high-desert atmosphere that adds significant aesthetic value.
Situated on a generous 15,000-square-foot lot, the property offers ample space for outdoor living, potential expansions, or the addition of an ADU.
With 1,184 square feet distributed across three bedrooms, the interior living spaces and individual rooms may feel small or restrictive for larger households.
Built in 1993, the home is over 30 years old and may soon require capital improvements to major systems like the roof or HVAC if they have not been recently updated.
Exceptional opportunity in 29 Palms. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,184 | 1,193 |
| Lot Size | 15,000 | 17,750 |
| Price | $279.0K | $264.5K |
| Price per sq ft | $236 | $213 |
| Built year | 1993 | 1976 |
| HOA | $0 | $250 |
| Days on market | 20 | 98 |
Jul 2, 2026
$279,000
Initial Listing
Sep 17, 2015
$115,000
Public Record
Jan 30, 1997
$50,000
Public Record