76634 Two Mile, 29 Palms, California 92277, 29 Palms, 92277 - 3 bed, 2 bath
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29 Palms, California 92277
This Strong Value Opportunity is a turnkey, active short-term rental listed at $515,000, positioned well below the $542,833 Fair Market Value by 5%. This valuation gap provides $27,833 in Instant Equity. Featuring a Condition Rating of 2, the home includes a modern open-concept kitchen, solar power, and premium outdoor amenities like a pool, spa, and stargazing dome. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing, modernized desert retreat.
Property is new construction or fully renovated.
Although built in 1958, the property has undergone a comprehensive recent remodel (likely <5 years) featuring a modern open-concept kitchen with stainless steel appliances, updated bathrooms with walk-in showers and a standalone tub, and polished concrete floors. Systems are highly upgraded with zoned mini-split HVAC and a solar power system, making it a turnkey, mint-condition property.
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.
As an active short-term rental with a proven income stream, the property features high-demand desert amenities including a pool, hot tub, outdoor cinema, and stargazing dome, providing immediate investment value.
The interior boasts a high-end remodel with an open-concept layout, concrete floors, wood beam accents, and a contemporary kitchen, perfectly capturing the 'desert chic' style popular with modern buyers.
The property is accessed via a dirt road, which may pose challenges for certain vehicle types and could be a deterrent for guests or buyers seeking more traditional paved access.
With only 1,140 square feet of living space distributed across three bedrooms, the interior layout may feel somewhat confined for larger groups or those seeking a more spacious primary residence.
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 | 1,193 |
| Lot Size | 217,800 | 17,750 |
| Price | $515.0K | $264.5K |
| Price per sq ft | $452 | $213 |
| Built year | 1958 | 1976 |
| HOA | $0 | $250 |
| Days on market | 25 | 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