
29 Palms, California 92277
This Turnkey Mid-Century Modern STR Investment is listed at $599,000, aligning with its premium restoration and significant revenue potential. Positioned near its $566,565 Fair Market Value, the property offers a stable entry into a high-demand market with a projected $50K-$70K annual income. Featuring an Excellent Condition Rating, the estate includes 3.15 private acres, a separate workshop, and panoramic mountain views near Joshua Tree. This high-yield asset is an ideal acquisition for STR Investors or Lifestyle Buyers seeking a move-in-ready desert sanctuary with proven appreciation potential.
Property is new construction or fully renovated.
Although originally built in 1940, this property has undergone an extensive and high-quality restoration within the last 5 years, qualifying it for an excellent rating. The interior features a seamless open-concept design with polished concrete flooring, restored exposed wood beam ceilings, and updated designer light fixtures. The bathrooms have been modernized with contemporary fixtures while maintaining a vintage aesthetic, and the overall 'turnkey' status indicates that all major systems and finishes meet current high-quality standards with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 137214, living area = 2104.
Positioned as a turnkey short-term rental with a projected annual income of $50K-$70K, significantly outperforming the area average due to its premium finishes and 'ready-to-list' status.
The property spans 3.15 acres across five consolidated parcels, offering rare privacy, a productive fruit orchard, and a versatile separate workshop/studio space that appeals to creative professionals.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =137214, other record lot size in square feet = 31500.
While located in an STR-approved zone, the city of Twentynine Palms has a strict cap of 500 VHR permits, with a significant portion already issued or pending, creating a competitive hurdle for new owners.
The assigned elementary school carries a low rating of 2/10, which may limit the property's appeal to long-term primary residents and families, narrowing the potential buyer pool.
Turnkey STR Investment: Restored Mid-Century modern on 3.15 Acres | $50K-$70K Annual Income Potential-Buyer may be an absentee owner!Rare opportunity: This fully restored 2,200 sq ft mid-century modern home on 3.15 private acres (5 separate lots) is TURNKEY for short-term rental income or your personal desert retreat. Located minutes from Joshua Tree National Park in an STR-approved zone, this property is ready to generate $50K-$70K in annual gross rental income--well above the $39K area average.The home features open-concept living with authentic mid-century finishes and abundant natural light. A spacious 2-car garage includes a separate workshop/studio area--a unique amenity that appeals to artist travelers, makers, and creative professionals seeking inspiration in the high desert. Outside, 3.15 acres of privacy include 5 consolidated parcels, 3 separate driveways, mature olive trees, and a productive fruit orchard that photographs beautifully for listing photos.Twentynine Palms STR properties average $185/night at 58% occupancy = $39K annually. This property's unique features (acreage, mature landscaping, workshop space, orchard) justify premium pricing of $275-$335/night, projecting $50K-$70K gross annual income. VHR permits are available but competitive (cap of 500 citywide, 386 issued/pending as of mid-2025).Perfect for: STR investors seeking high-cash-flow desert property Artists/creatives wanting live-work space + rental income Lifestyle buyers seeking privacy + income potential Owner-occupants who want STR income while travelingKey Features:- 2,200 sq ft restored mid-century modern- Turnkey STR setup (clean, photographed, ready to list)- 3.15 acres (5 parcels, 3 driveways) = privacy + flexibility- 2-car garage + separate workshop/studio space- Mature olive trees & productive fruit orchard- STR-friendly zoning (VHR permit required, available)- Minutes from Joshua Tree National Park east entrance- Unobstructed mountain & desert views
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 2.3 mi
Grades 9-12 • 2.9 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 | 2,104 | 1,192 | 98% |
| Lot Size | 137,214 | 14,508 | 80% |
| Price | $599.0K | $254.0K | 98% |
| Price per sq ft | $285 | $224 | 83% |
| Built year | 1940 | 1966 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 195 | 1% |
Mar 20, 2026
$599,000
Initial Listing
Sep 4, 2018
$164,000
Public Record
Mar 29, 2002
$110,000
Public Record