724 Bluegrass Avenue, 29 Palms, California 92277, 29 Palms, 92277 - 2 bed, 1 bath

724 Bluegrass Avenue, 29 Palms, California 92277 home-pic-0
ACTIVE$349,900
724 Bluegrass Avenue, 29 Palms, California 92277
2Beds
1Bath
688Sqft
217,800Lot

Price Vs. Estimate

The estimated value ($259,853.265) is $90,046.735 (25%) lower than the list price ($349,900). This property may be overpriced.

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 = 688.
Top Cons:
Compact Living Space: With only 688 square feet, the interior living area is relatively small, which may limit its appeal to buyers seeking more spacious accommodations or larger families.

Compared to the nearby listings

Price:$349.9K vs avg $279.9K (+$70,000)76%
Size:688 sqft vs avg 1,248 sqft8%
Price/sqft:$509 vs avg $22497%

More Insights

Built in 1956 (69 years old).
Condition: Despite being built in 1956, the property has undergone extensive and recent renovations, as explicitly stated in the description and evidenced by the images. The interior presents as virtually new, with modern and stylish upgrades throughout. The bathroom features a contemporary vessel sink, gold fixtures, a modern mirror, and updated tiling. The kitchen, though partially visible, appears to be integrated into a modern open-concept living space with updated finishes. Flooring is a clean, modern concrete, and lighting is recessed. The overall aesthetic is fresh, move-in ready, and meets current quality standards with no visible deferred maintenance.
Year Built
1956
Close
-
List price
$350K
Original List price
$350K
Price/Sqft
$509
HOA
-
Days on market
-
Sold On
-
MLS number
219129724DA
Home ConditionExcellent
Features
Good View: Desert, Park/Greenbelt, Mountain(s), Panoramic
Patio
ViewDesert, Park/Greenbelt, Mountain(s), Panoramic

About this home

A rare property for an owner occupant or an Investment Jewel in the Desert being offered Turnkey Furnished, Short-Term Rental on 5 Acres! A great home that delivers stunning design and provides long-term growth. Welcome to 724 Bluegrass Ave, a fully renovated property already turning heads on Airbnb and VRBO with rave guest reviews and consistent bookings. Set on a sprawling five-acre lot in the heart of Twentynine Palms. The current owners have poured heart, vision, and capital into extensive renovations, sparing you the expense and effort. Everything is already done. All that's left is for you to step in and start living or earning. Inside, you'll find a home that masterfully blends charm and character with modern upgrades--inviting, stylish, and 100% move-in ready or ready to rent. It's a space that guests fall in love with, and one you can easily personalize or expand upon to build even more equity and allure. Perfectly located and close to Joshua Tree National Park, this property strikes the perfect balance between seclusion and accessibility. Whether you're offering a peaceful desert escape or looking to enjoy it as your own private retreat, the potential here is enormous. Beautiful desert and mountain views. Twentynine Palms is in the midst of an economic surge, making this an ideal moment to stake your claim in a growing market with plenty of upside. 724 Bluegrass Aveis not just a smart buy; it's a phenomenal opportunity for the savvy investor, creative host, or visionary homeowner. Call today to schedule a private tour and see what makes this property an absolute standout in the desert.

Condition Rating
Excellent

Despite being built in 1956, the property has undergone extensive and recent renovations, as explicitly stated in the description and evidenced by the images. The interior presents as virtually new, with modern and stylish upgrades throughout. The bathroom features a contemporary vessel sink, gold fixtures, a modern mirror, and updated tiling. The kitchen, though partially visible, appears to be integrated into a modern open-concept living space with updated finishes. Flooring is a clean, modern concrete, and lighting is recessed. The overall aesthetic is fresh, move-in ready, and meets current quality standards with no visible deferred maintenance.
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 = 688.
Proven Income Potential: Offered turnkey furnished with a track record of consistent bookings and rave reviews on Airbnb/VRBO, making it an immediate income-generating asset.
Extensive Modern Renovation: The property has undergone significant, recent renovations, ensuring it is 100% move-in ready and sparing new owners immediate expenses or effort.
Prime Location & Scenic Views: Strategically located near Joshua Tree National Park, balancing seclusion with accessibility, and boasting beautiful panoramic desert and mountain views.
Generous Acreage: Situated on a sprawling five-acre lot, providing ample privacy, potential for expansion, and an authentic desert living experience.
Strong Market Growth: Positioned in Twentynine Palms, an area experiencing an economic surge, indicating significant upside potential for investment and appreciation.

Cons

Compact Living Space: With only 688 square feet, the interior living area is relatively small, which may limit its appeal to buyers seeking more spacious accommodations or larger families.
Discrepancy in Valuation: The current listing price of $349,900 is notably higher than the estimated property value of $259,853, potentially indicating an overvaluation in the current market.
Age of Original Structure: Despite extensive renovations, the property's original construction year of 1956 suggests an older foundation and infrastructure, which might lead to unforeseen maintenance or upgrade needs over time.

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