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$550,000

Beds
1
Baths
1.0
sq ft
432

62177 Jericho Way, Joshua Tree, CA 92252

62177 Jericho Way

Joshua Tree, CA 92252

  • 99 days on market
Welcome to 62177 Jericho Way, located in the world-famous Joshua Tree! A main house and a vintage Airstream are situated on 1.2 acres of pristine desert landscape with room to expand or add an ADU. Both are active and highly-rated Airbnbs with outstanding reviews, offering double the income potential. They are separated by 75 feet, metal fencing, and each has its own separate driveway entrance. Both properties come fully furnished and everything is included in the sale. The main home underwent a full stud-down remodel, completed in 2021. This residence boasts a beautifully updated kitchen, living space, full bathroom, modern amenities, and solar panels. The large outdoor oasis includes patio seating, a custom infinity deck leading out to a hot tub and stunning pool, bbq, firepit, hammock, outdoor shower, sun loungers, and dining table. The Airstream underwent its own comprehensive transformation and is equipped with two air conditioners, a king-size bed, TV, a burner induction cooktop, WiFi, coffee machine, sink, fridge, microwave and more. Outside, a private astro-turf lounge area equipped with a hot tub, outdoor shower, bbq, dining table, cowboy pool, sun loungers, and a private bathroom.With its ideal location just five minutes from downtown Joshua Tree and Joshua Tree National Park, this property offers endless possibilities. Come experience the tranquil, quiet, and private desert lifestyle and take advantage of the investment opportunity of a lifetime!

Details

Property type

Single Family Residence

Est. home value

$542,867

Lot size

1.25 acres

Price per sq ft

$1,274

Year built

1957

HOA

No

Price History

09/16/2024
CLAW

CLAW #24439819

Listed
$550,000
+10.22%
07/26/2022
CLAW

CLAW #22169557

Sold
$499,000
+3.96%
05/07/2021
CRMLS

CRMLS #JT21053363

Sold
$480,000
+380%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

The Golden 1 Cu

Loan start date

July 2022

Original loan amount

$449,100

Est. remaining balance

Not provided

Interest rate

4.75%

Loan type

New Conventional, 30 year

Seller

Waleed Yameen Patel and Zainab Rahman

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: 12/24/2024 at 9:55 AM

Listing updated: 12/04/2024 at 7:45 PM

Listed by: Hannah Pilkington, Compass Phone #: (310) 437-7500

MLS: CLAW #24439819

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