tomo logo

$875,000

Beds
3
Baths
2.0
sq ft
2,022

2651 Foxy Flats Rd, Joshua Tree, CA 92252

2651 Foxy Flats Rd

Joshua Tree, CA 92252

  • 304 days on market
    • Price drop $20,000↓
Welcome to your dream desert retreat, equestrian center, and investment opportunity at 2651 Foxy Flats Rd, a stunning 5-acre horse farm nestled on a peaceful and quiet road in the heart of Joshua Tree.This picturesque property not only offers a perfect blend of privacy, tranquility and luxury but also serves as a lucrative short-term rental investment. Currently operating as a successful vacation rental, this property allows you to capitalize on the growing demand for unique and memorable accommodations in the Joshua Tree area. And, to ensure a seamless transition, this home can be sold fully furnished, and can maintain the current operation and management team.The sprawling 5-acre estate is meticulously designed and landscaped, providing a serene and private backdrop for both human and equine residents alike. The horse facilities are thoughtfully designed, featuring spacious paddocks and a well-appointed barn, ensuring the utmost comfort for your four-legged companions.The centerpiece of this property is the inviting pool, where guests can relax and unwind amidst the beauty of the desert landscape. Imagine spending warm evenings under the stars, gathered around one of the fire pits, playing games, and sharing stories with friends and family. For the ultimate in relaxation, a rejuvenating jacuzzi awaits, providing a perfect way to cap off a day of riding, hiking or simply a way to enjoy the peaceful surroundings.The 3 bedroom, 2 bath residence exudes warmth and style, with ample natural light, open living spaces, and views of the surrounding mountains. The kitchen is a chef's delight, equipped with modern appliances and overlooking views of the property. The bedrooms are spacious and offer a retreat-like atmosphere. There is an additional large room off one of the bedrooms that can also be used for additional guests' quarters. Additionally, there are oversized detached garages to house your RVs and other outdoor vehicles.This equestrian property is not just a horse farm; it's a lifestyle and a sound investment. Whether you're looking for a desert respite away from city life, you are an equestrian enthusiast, or you are seeking a profitable short-term rental, 2651 Foxy Flats Rd delivers on every front. Don't miss the opportunity to make this extraordinary estate your own and capitalize on its potential as a successful investment property.Schedule your private showing today and experience the magic of this unique Joshua Tree property that combines luxury living with a savvy investment opportunity.

Details

Property type

Single Family Residence

Est. home value

$945,092

Lot size

5.4 acres

Price per sq ft

$433

Year built

1974

HOA

No

Price History

09/25/2024
CLAW

CLAW #24345097

Listed
$875,000
08/30/2024
CLAW

CLAW #24345097

Removed
$875,000
07/15/2024
CLAW

CLAW #24345097

Price change
$875,000
-2.23%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$82,567
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$722,433
Cash to seller
$82,567

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Oaktree Funding Corp

Loan start date

April 2022

Original loan amount

$760,000

Est. remaining balance

$722,433

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Foxy Flats Investments Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

CRMLS
$879,000
3 bd
|
2 ba
|
1,650 sq ft
|
House

7320 Sherwood Rd, Joshua Tree, CA 92252

CRMLS
$949,000
3 bd
|
2 ba
|
1,742 sq ft
|
House

6989 California Ave, Joshua Tree, CA 92252

CRMLS
$999,990
3 bd
|
2 ba
|
1,724 sq ft
|
House

64727 Post Rd, Joshua Tree, CA 92252

Status: Active

Tomo last checked: 11/08/2024 at 8:55 AM

Listing updated: 09/30/2024 at 10:20 PM

Listed by: Alison Turner, The Beverly Hills Estates Phone #: (310) 626-4248

MLS: CLAW #24345097

CLAW logo

Recently listed in Joshua Tree