72731 Larrea Avenue, 29 Palms, California 92277, 29 Palms, 92277 - 3 bed, 2 bath
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72731 Larrea Avenue
29 Palms, California 92277
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
2,016Sq Ft
20,000Lot Size
Property Price
LIST PRICE$364,463
EST. MARKET VALUE
$399,837
8% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $364,463—positioned well below the $399,838 Fair Market Value by 8%. This valuation gap offers $35,375 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a modernized open-concept kitchen, refreshed bathrooms, and a massive half-acre lot with distant mountain views. Ideally located near the MCGACC gate and local schools, this property is perfect for first-time buyers or owner-occupants seeking a move-in ready lifestyle.
Estimated Market Value
$399,837+$35,374 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in 29 Palms.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72731 Larrea Avenue Subject | $364,463* List Price | 3 | 2 | 2,016 | $198 | - |
A 72964 Two Mile Road Sold | $390,000 | 3 | 2 | 1,727 | $226 | 0.4 mi |
B 72692 Two Mile Sold | $380,000 | 3 | 2 | 1,628 | $233 | 0.3 mi |
C 73467 Desert Trail Active | $429,000 List Price | 3 | 2 | 1,891 | $227 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 2001, the property has undergone a recent comprehensive renovation (<5 years) including a modern updated kitchen with new countertops, refreshed bathrooms, new luxury vinyl plank flooring, and fresh interior paint. The home is in mint, move-in ready condition with functional central HVAC and swamp cooler systems.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 20000, living area = 2016.
- Strategic Location
The property is exceptionally well-located for convenience, situated within 7 minutes of the MCGACC front gate and less than 3 minutes from local elementary and high schools.
- Turnkey Interior Updates
This move-in-ready home features a recently modernized open-concept kitchen, refreshed bathrooms, and fresh paint throughout, reducing immediate renovation costs for buyers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Average School Ratings
While the home is located very close to local schools, the current ratings (4/10 and 5/10) may be a drawback for families prioritizing top-tier educational districts.
- Limited Scenic Appeal
The property offers a standard neighborhood view rather than the expansive mountain or desert vistas often sought after in the Twentynine Palms area.
About 72731 Larrea Avenue
Welcome to your ready to move-in 29 Palms dream home! This freshly painted, stunning 3 bedroom, 2 bath single family residence is nestled on nearly half an acre and just over 2,000 square feet of inviting living space. Step inside to discover vaulted ceilings in your great room leading into an extra family room, perfect for relaxation, complete with a cozy stone fireplace that adds warmth and charm. The recently updated kitchen is a delight, featuring a fresh modern style with an open concept great for entertaining or an intimate dinner. Both the primary bedroom and guest bathrooms have also been beautifully refreshed to accommodate your daily routine. The expansive covered back patio stretches the entire length of the home, ideal for entertaining friends or simply enjoying the serene views. With ample space in the huge fenced yard, there's plenty of room to park all your toys, complete with double gate access from the side and back. An attached 2-car garage adds convenience, while you can choose to stay cool with either the swamp cooler or central AC. Location is everything! You're just 3 minutes from the high school, 2 minutes to Oasis Elementary, 4 minutes to Stater Bros grocery store, and a quick 7 minutes to the MCGACC front gate. Don't miss out on this exceptional property, reach out to us today to schedule your tour!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 20,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
29 Palms Unified Schools
Oasis Elementary School
Grades K-6 • 0.6 mi
4/10
Twentynine Palms Junior High School
Grades 7-8 • 2.2 mi
4/10
Twentynine Palms High School
Grades 9-12 • 0.4 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,016 | 1,205.897 |
| Lot Size | 20,000 | 15,574.879 |
| Price | $364.5K | $259.5K |
| Price per sq ft | $181 | $203 |
| Built year | 2001 | 1974 |
| HOA | $0 | $250 |
| Days on market | 12 | 98 |
Pricing History
Listed for Sale
Aug 28, 2026
$364,463
Initial Listing
Sold
Aug 4, 2004
$180,000
Public Record
Sold
May 30, 2001
$120,000
Public Record