
29 Palms, California 92277
This property presents a Strong Value Opportunity with a List Price of $515,000—positioned well below the $543,832 Fair Market Value by 5%. This valuation gap offers $28,832 in Instant Equity. Featuring a Condition Rating of 2, this turnkey, active short-term rental includes a pool, spa, and solar panels. The modern interior and high-demand desert amenities make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-income, move-in ready desert retreat.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel (likely within the last 5 years) featuring a modern open-concept kitchen with stainless steel appliances and wood countertops, updated bathrooms with walk-in showers and a standalone tub, and upgraded systems including zone air conditioning (mini-splits) and solar panels. The interior is in mint condition with contemporary concrete flooring throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 1140.
The property is a fully remodeled, active short-term rental featuring high-demand amenities like a pool, hot tub, outdoor movie theater, and stargazing dome, offering immediate income potential.
Equipped with an on-site well and solar panels, the home offers significant long-term savings on utility costs and increased self-sufficiency in a desert climate.
The current list price of $515,000 is substantially lower than the 2022 sale price of $638,000, suggesting potential volatility in the local market or a correction in property valuation.
Situated in Wonder Valley with dirt road access, the property's remote nature may limit its appeal to buyers seeking traditional suburban conveniences or paved infrastructure.
Amazing, remodeled, active short term rental in Wonder Valley! This property has it all, short dirt road access, desert views, beautiful stars, 3 bedrooms, 2 bathrooms, and all the outdoor amenities to enjoy it all. Enter the front door and you will immediately notice the beautiful open concept living room and kitchen. A large wood beam accents the room, beautiful concrete floors throughout, Modern kitchen with wood countertops, stainless steal appliances & hood, floating shelves, and a comfortable dining area and living space with so much natural light. Off the kitchen you will find the primary bedroom with on suite bathroom with a walk in shower and stand alone tub. Down the hallway you find two guest bedrooms, and guest bathroom with a beautiful walk in shower. Zone air conditioning through the home allow you to control the temperature keep everyone comfortable in summer and in winter. Outside has all the things you need to enjoy the desert year round. This property has an above ground pool, hot tub, outdoor seating and dining, ping pong, outdoor movie theatre, hammock tree, stargazing dome and more. Property also has a well on site, as well as solar to help keep the bills low. Currently an active short term rental making good income. Ask listing agent for financials
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,140 | 1,205.897 |
| Lot Size | 217,800 | 15,574.879 |
| Price | $515.0K | $259.5K |
| Price per sq ft | $452 | $203 |
| Built year | 1958 | 1974 |
| HOA | $0 | $250 |
| Days on market | 74 | 98 |
Jun 27, 2026
$515,000
Initial Listing
Jun 23, 2022
$638,000
Public Record
Jul 30, 2020
$129,000
Public Record
Jun 13, 2019
$28,000
Public Record
Jun 13, 2019
$55,000
Public Record