
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 | $208 | - |
A 73842 White Sands Sold | $274,000 | 4 | 2 | 1,568 | $175 | 0.2 mi |
B 5734 Wainwright Avenue Sold | $269,900 | 3 | 2 | 1,620 | $167 | 0.7 mi |
C 73484 Desert Trail Sold | $245,000 | 3 | 2 | 1,743 | $141 | 0.4 mi |
D 73940 Desert Dunes Drive Sold | $254,000 | 3 | 2 | 1,484 | $171 | 0.3 mi |
E 74009 Samarkand Drive Pending | $259,000 List Price | 3 | 2 | 1,424 | $182 | 0.4 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.
Nestled in the heart of the high desert, this incredible Twentynine Palms retreat offers the perfect blend of privacy, comfort, and investment potential just minutes from Joshua Tree National Park. Situated on an expansive Lot with breathtaking Panoramic Mountain and Desert Views, this move-in ready property features spacious open-concept living filled with natural light, stylish finishes, Amazing feature to the home is the all wood ceilings in the living spaces and every room in the house, Sky lights, central A/C, New Carpet and a versatile layout ideal for full-time living, a vacation getaway, or a high-performing short-term rental. Designed for true desert living, the home offers a huge, four car garage with ample storage, workshop, possible ADU, multiple driveways, and endless outdoor possibilities with room for entertaining, expansion, creative studio space, or additional income opportunities. Located near local dining, shopping, and the Marine Corps Air Ground Combat Center, this rare Desert Gem combines peaceful surroundings and unbeatable access to one of Southern California’s fastest-growing destinations. Buyers may also qualify for low or no down payment financing opportunities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 1,433 | 1,188 | 69% |
| Lot Size | 19,000 | 13,290 | 65% |
| Price | $250.0K | $254.5K | 46% |
| Price per sq ft | $174 | $218 | 20% |
| Built year | 1954 | 1977 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 193 | 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