
29 Palms, California 92277
This Mid-Century Desert Residence represents a High-Potential Investment Opportunity with a List Price of $249,999—positioned well below the $311,595 Fair Market Value by 19%. This valuation gap provides $61,596 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home is well-maintained with original wood ceilings and newer systems. Situated on a massive 19,000-square-foot lot with canyon views, the property offers significant short-term rental potential in the Morongo Unified district. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 73776 Manana Subject | $249,999* List Price | 2 | 1 | 1,433 | $217 | - |
A 73484 Desert Trail Sold | $245,000 | 3 | 2 | 1,743 | $141 | 0.4 mi |
B 73940 Desert Dunes Drive Sold | $254,000 | 3 | 2 | 1,484 | $171 | 0.3 mi |
C 73971 Samarkand Drive Sold | $220,000 | 4 | 2 | 1,346 | $163 | 0.4 mi |
D 73842 White Sands Pending | $265,000 List Price | 4 | 2 | 1,568 | $169 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this property is well-maintained and functional but remains largely dated. While the listing mentions new carpet and newer systems, the visual evidence shows a kitchen with older white cabinetry, laminate countertops, and dated appliances. The presence of wall-mounted cooling units instead of central HVAC and the overall interior finishes suggest the home has been maintained through regular upkeep rather than a comprehensive modern renovation. It meets the criteria for 'fair' as it is aged but functional with components that show their age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19000, living area = 1433.
The home features highly desirable mid-century design elements, specifically the original wood ceilings, which are a significant draw for buyers seeking authentic desert aesthetic.
With new carpeting, updated systems, and a well-maintained interior, the property is positioned as a move-in-ready option ideal for a high-performing short-term rental or Airbnb.
Dating back to 1954, the property may have underlying structural or utility components that, despite recent updates, require more vigilant maintenance than a modern build.
There is a discrepancy between the official data (1 bath) and the marketing description (2 baths), which could indicate unpermitted improvements or lead to complications during the appraisal process.
Adorable 2 Bedroom 2 Bath Single Story Home. Possible Air BNB, Great Location, New Carpet, Mid Century all Woof Ceiling. Newer Systems, Well Kept. Must See!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 42% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 1,433 | 1,192 | 73% |
| Lot Size | 19,000 | 14,508 | 59% |
| Price | $250.0K | $250.0K | 46% |
| Price per sq ft | $174 | $224 | 20% |
| Built year | 1954 | 1966 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 195 | 1% |
Apr 15, 2026
$249,999
Initial Listing
Apr 21, 2011
$58,000
Public Record
Jan 11, 2005
$131,000
Public Record
Apr 2, 2002
$60,000
Public Record