73467 Desert Trail, 29 Palms, California 92277, 29 Palms, 92277 - 3 bed, 2 bath
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29 Palms, California 92277
This Renovated Mid-Century Desert Estate is listed at $449,000—positioned well below the $456,237 Fair Market Value by 1%. This valuation gap provides $7,237 in Instant Equity for buyers. Featuring a Turnkey Condition Rating, the home offers an Oscar-Winning Pedigree and a Legal STR Permit, making it an immediate income-generator. The nearly half-acre lot includes a Citrus Orchard, Private Spa, and expansive Desert Views. This unique asset is a premier choice for Owner-Occupants or Buy-and-Hold Investors seeking a high-prestige desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 73467 Desert Trail Subject | $449,000* List Price | 3 | 2 | 1,891 | $241 | - |
A 73028 Manana Drive Sold | $390,000 | 4 | 2 | 1,901 | $205 | 0.6 mi |
B 72692 Two Mile Sold | $380,000 | 3 | 2 | 1,628 | $233 | 1.0 mi |
C 73973 Playa Vista Active | $364,000 List Price | 3 | 2 | 1,363 | $267 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1958, the property has undergone an extensive recent renovation within the last 5 years, presenting in turnkey condition. The interior features a modern open-concept kitchen with updated shaker-style cabinetry, butcher block countertops, subway tile backsplash, and stainless steel appliances. The home also boasts updated wood-look flooring throughout, contemporary industrial-style light fixtures, and refreshed bathrooms, meeting current quality standards with no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19270, living area = 1891.
The property includes a legal Short-Term Rental (STR) permit, providing an immediate, turnkey opportunity for investors to generate income in a high-demand desert tourism market.
Originally built and owned by Academy Award-winning composer Allie Wrubel, this home offers a unique historical narrative and mid-century charm that adds significant marketing prestige.
The local elementary school is rated a 2/10, which may deter families with young children and potentially impact long-term resale value to owner-occupants.
Built in 1958, the property may require more intensive maintenance or future upgrades to its aging structural and mechanical systems compared to modern builds.
If you are looking for a turnkey property, your dream home awaits on a premier street in 29 Palms. Upon entering, you will immediately notice the grand entryway and high ceilings. The open-floor concept seamlessly connects the kitchen, living, and dining areas, making it perfect for gatherings and entertaining. The home features three spacious, light-filled bedrooms and two bathrooms. Notably, two of the rooms are primary suites, one of which includes a private entrance. The backyard is designed for relaxation and entertainment, featuring a large covered patio, a fire pit, and a spa. The grounds include an established orchard with six navel orange trees, five lime trees, four lemon trees, and two Palo Verde trees, all surrounded by jasmine and Hollywood hedges and maintained by an irrigation system. There is also ample room to build an addition or add a pool and jacuzzi. For those interested in investment opportunities, the property includes a Short-Term Rental (STR) permit, making it fully legal and ready for guests. FUN FACT: The house was built and owned by Academy Award-winning Hollywood composer Allie Wrubel, known for "Zip-A-Dee-Doo-Dah."
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 2.1 mi
Grades 7-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,891 | 1,192 | 91% |
| Lot Size | 19,270 | 14,508 | 60% |
| Price | $449.0K | $254.0K | 94% |
| Price per sq ft | $237 | $224 | 60% |
| Built year | 1958 | 1966 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 195 | 1% |
Apr 6, 2026
$449,000
Initial Listing
Oct 26, 2021
$435,000
Public Record
Oct 9, 2020
$199,000
Public Record