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7374 Olympic Road, Joshua Tree, California 92252, Joshua Tree, 92252 - bed, bath

7374 Olympic Road, Joshua Tree, California 92252 home-pic-0
ACTIVE$499,900
7374 Olympic Road, Joshua Tree, California 92252
0Bed
0Bath
1,320Sqft
31,352Lot

Price Vs. Estimate

The estimated value ($445,921.565) is $53,978.435 (10%) lower than the list price ($499,900). 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 = 31352, living area = 1320.
Top Cons:
Small Individual Unit Size: Each home is 660 sqft with only one bedroom, which may limit its appeal to larger families or buyers seeking more expansive living and sleeping accommodations.

Compared to the nearby listings

Price:$499.9K vs avg $390.0K (+$109,900)71%
Size:1,320 sqft vs avg 1,251.5 sqft58%
Price/sqft:$379 vs avg $30868%

More Insights

Built in 2023 (2 years old).
Condition: This property is new construction, built in 2023, and meets all criteria for an 'excellent' rating. The kitchen features new, modern appliances (refrigerator, dishwasher, freestanding range, microwave), white cabinetry, quartz-like countertops, a contemporary grey subway tile backsplash, and a breakfast bar. The bathroom is also new with modern fixtures, vanity, and wood-look tile in the shower. Polished concrete floors, split AC units, tankless water heaters, and seller-owned solar panels ensure all systems are new, energy-efficient, and up to current quality standards with no deferred maintenance.
Year Built
2023
Close
-
List price
$500K
Original List price
$639K
Price/Sqft
$379
HOA
-
Days on market
-
Sold On
-
MLS number
EV24096377
Home ConditionExcellent
Features
Good View: Desert, Hills, Mountain(s)
Patio
ViewDesert, Hills, Mountain(s)

About this home

REDUCED $50,000! NEW CONSTRUCTION – Modern Desert Retreat! Discover two identical modern homes on a spacious lot in the highly desirable Upper Friendly Hills neighborhood of Joshua Tree—just 5 minutes from the National Park entrance. Perfectly positioned for stunning mountain and desert views by day and unforgettable stargazing by night, this property is a rare opportunity to own a versatile desert getaway. Each thoughtfully designed 660 sq. ft. home features: 1 spacious bedroom & full bath Bright and airy living room with four large east-facing windows Efficient kitchen with breakfast bar Polished concrete floors for a sleek, low-maintenance finish Energy-efficient comfort with two split units per home, tankless water heaters, and seller-owned solar panels Appliances include a refrigerator, dishwasher, freestanding range, microwave, and stackable washer/dryer. Whether you’re seeking a short-term rental investment, a long-term income property, or a private desert retreat with a guest house, these twin homes offer endless possibilities. Don’t miss your chance to own this unique Joshua Tree gem—schedule a showing today!

Nearby schools

5/10
Friendly Hills Elementary School
Public,•K-6•1.3mi
3/10
La Contenta Middle School
Public,•7-8•1.1mi
4/10
Yucca Valley High School
Public,•9-12•4.1mi
Condition Rating
Excellent
This property is new construction, built in 2023, and meets all criteria for an 'excellent' rating. The kitchen features new, modern appliances (refrigerator, dishwasher, freestanding range, microwave), white cabinetry, quartz-like countertops, a contemporary grey subway tile backsplash, and a breakfast bar. The bathroom is also new with modern fixtures, vanity, and wood-look tile in the shower. Polished concrete floors, split AC units, tankless water heaters, and seller-owned solar panels ensure all systems are new, energy-efficient, and up to current quality standards with no 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 = 31352, living area = 1320.
New Construction & Modern Design: Built in 2023, these modern desert homes feature sleek polished concrete floors, efficient kitchens with breakfast bars, and contemporary aesthetics, appealing to current market trends.
Dual Income/Versatility Potential: The property comprises two identical homes on one lot, offering exceptional versatility for short-term rentals, long-term income, or a private retreat with a dedicated guest house.
Energy Efficiency & Modern Amenities: Equipped with seller-owned solar panels, tankless water heaters, and two split AC units per home, ensuring energy efficiency, lower utility costs, and modern comfort. All essential appliances are included.
Prime Location & Scenic Views: Located in the desirable Upper Friendly Hills, just 5 minutes from Joshua Tree National Park, providing stunning mountain and desert views by day and exceptional stargazing opportunities by night.
Spacious Lot: A generous 31,352 sqft lot offers ample outdoor space, privacy, and potential for further landscaping or amenities in the unique desert environment.

Cons

Small Individual Unit Size: Each home is 660 sqft with only one bedroom, which may limit its appeal to larger families or buyers seeking more expansive living and sleeping accommodations.
Significant Price Reduction: The property has undergone a $50,000 price reduction from its original listing, which could suggest previous overpricing or challenges in attracting buyers at the initial price point.
Listing Price vs. Estimation: The current listing price of $499,900 is higher than the estimated property value of $465,728, potentially impacting buyer perception of value or financing options.

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