tomo logo

$1,095,000

Beds
1
Baths
1.0
sq ft
1,004

5074 Redding Ave, Yucca Valley, CA 92284

5074 Redding Ave

Yucca Valley, CA 92284

  • 10 days on market
Introducing The Alchemist Retreat – a sanctuary of serenity nestled on a private hilltop in Yucca Valley, where craftsmanship and ambiance intertwine to create a one-of-a-kind desert escape. This is not just a property; it’s an experience, cherished by guests as one of Airbnb’s “Guest Favorites,” holding a perfect 5-star rating with over 200 glowing reviews. The Retreat has welcomed countless guests seeking solace, with many returning multiple times, captivated by its magnetic energy and the soulful touches infused by its owners. Designed with an industrial-modern aesthetic that feels curated yet organic, the home features 1x4 wood ceilings and walls, hand-laid brick, and custom-made cabinetry, doors, and shelving that transform the space into a work of art. High ceilings, exposed ducting, and matte concrete flooring speak to its quality and durability, while custom lighting and fixtures and double-pane windows enhance both ambiance and efficiency. Each detail contributes to the immersive experience, from the full range of Big Chill appliances to the bespoke sliding barn doors – every corner of the home feels intentional. Set on over 2 acres, The Alchemist Retreat offers five private outdoor spaces that allow you to fully immerse in the expansive desert and mountain views. Relax in the hot tub or cowboy tubs, meditate in the sunroom with its retractable glass wall, or stargaze from the daybed – here, nature is your constant companion. The home is equipped with Tesla charging, solar panels, Sonos surround sound, and two 60” electric fireplaces, providing modern luxury in the solitude of the desert. Conveniently located near Joshua Tree National Park, Joshua Tree Village, Pioneertown, and other local attractions, The Alchemist Retreat is a unique offering – an intimate sanctuary that draws people looking for a special place to unwind and reconnect. With its carefully crafted brand, exceptional design, and glowing guest reviews, it consistently ranks in the top 5% of top performers on Airbnb, generating impressive income year after year. For the discerning buyer, this is more than a property; it’s a rare opportunity to acquire an established turnkey brand with a proven record of success and legacy of unforgettable guest experiences. This desert escape, where peace, privacy, quality craftsmanship, and intentional design converge, offers an experience that is truly one-of-a-kind – a retreat that cannot be replicated, and a chance to own something truly special.

Details

Property type

Single Family Residence

Est. home value

$897,736

Property condition

Updated/Remodeled

Lot size

2.59 acres

Price per sq ft

$1,091

Year built

2021

HOA

No

Price History

11/13/2024
CRMLS

CRMLS #OC24230676

Listed
$1,095,000
+36.88%
02/19/2022
CRMLS

CRMLS #JT21242363

Sold
$800,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf

High school district: 

Morongo Unified

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

$404,480
Asking price
$1,095,000
Closing costs (~8% of asking)
-$87,600
Est. remaining loan balance
-$602,920
Cash to seller
$404,480

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

February 2022

Original loan amount

$640,000

Est. remaining balance

$602,920

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Wilson Ho and Jennifer Ho

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?

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Status: Active

Tomo last checked: 11/22/2024 at 11:15 PM

Listing updated: 11/19/2024 at 1:13 PM

Listed by: Keven Stirdivant, KASE Real Estate, Inc. Phone #: (949) 200-9818

MLS: CRMLS #OC24230676

CRMLS logo

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