7374 Olympic Road, Joshua Tree, California 92252, Joshua Tree, 92252 - 2 bed, 2 bath
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Joshua Tree, California 92252
This Strong Value Opportunity is a 2023 New Construction asset listed at $498,888, positioned well below the $536,178 Fair Market Value by 6%. This valuation gap offers $37,290 in Instant Equity. Featuring two identical modern homes on a large lot with stunning mountain views, this property offers high-efficiency systems and polished concrete floors. It is an ideal acquisition for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking for a versatile desert retreat with guest house potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7374 Olympic Road Subject | $498,888* List Price | 2 | 2 | 1,320 | $406 | - |
A 7188 Lomita Road Sold | $410,000 | 4 | 3 | 1,520 | $270 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a 2023 new construction property in mint condition. It features modern kitchens with quartz-style countertops, updated bathrooms with contemporary tiling, and high-efficiency systems including mini-split HVAC units, tankless water heaters, and seller-owned solar panels.
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.
The property features two identical modern homes on a single lot, providing an exceptional opportunity for short-term rental income, a guest house, or a 'live-in-one, rent-the-other' strategy.
Built in 2023, these homes offer high energy efficiency with seller-owned solar panels, tankless water heaters, and mini-split systems, complemented by low-maintenance polished concrete floors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1320, other record living area = 662. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With each unit limited to 660 square feet and a single bedroom, the property may not suit buyers requiring traditional family-sized interior spaces or multiple bedrooms per dwelling.
The assigned middle and high schools have relatively low performance ratings (3/10 and 4/10), which could be a drawback for families prioritizing local educational infrastructure.
NEW CONSTRUCTION – Modern Desert Retreat! MOTIVATED SELLER! 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. Live in one, rent out the other! Don’t miss your chance to own this unique Joshua Tree gem—schedule a showing today!
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades 7-8 • 1.1 mi
Grades 9-12 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,320 | 1,305 |
| Lot Size | 31,352 | 50,703 |
| Price | $498.9K | $413.7K |
| Price per sq ft | $378 | $336 |
| Built year | 2023 | 1979 |
| HOA | $0 | $0 |
| Days on market | 17 | 83 |
Jul 5, 2026
$498,888
Initial Listing
Apr 27, 2022
$65,000
Public Record
Jan 15, 2021
$675,000
Public Record
Jun 16, 2014
$28,000
Public Record
Apr 29, 2004
$35,000
Public Record
Dec 17, 2002
$11,500
Public Record